551 Muskoka 118 Road W Bracebridge, Ontario P1L 1Y1

$549,000

This exceptional 1.93-acre development parcel in the heart of Bracebridge presents a rare opportunity to acquire a substantially advanced multi-residential project in one of Muskoka's fastest-growing communities. Ideally positioned with dual frontage on Balls Drive and Highway 118 West, the property offers outstanding visibility, convenient access, and excellent exposure for future residents.Significant progress has been made to further advance the development. The lands have now been successfully rezoned to R4-41H, unlocking valuable multi-residential development potential while substantially increasing the property's value. The servicing process has also been advanced through the completion of the municipal water and sewer connection application, including engineering drawings, municipal consultations, permit approvals, and required revisions-saving the next owner valuable time, expense, and administrative work. Adding even more value, the sale includes comprehensive construction drawings, stormwater management briefs, environmental studies, traffic assessments, and supporting documentation prepared for Phase One of an 8-unit residential development. With much of the planning, approvals, and due diligence already completed, this shovel-ready opportunity allows a developer to move forward with confidence.Located just minutes from shopping, restaurants, schools, healthcare, and all of Bracebridge's everyday amenities, this is an outstanding investment opportunity in one of Muskoka's fastest-growing communities. Whether you're an experienced developer or looking to expand your portfolio, this property offers an exceptional head start with significant time and cost savings already built in. (id:19593)

Property Details

MLS® Number	X13496570
Property Type	Vacant Land
Community Name	Monck (Bracebridge)
Amenities Near By	Golf Nearby, Hospital
Features	Wooded Area, Irregular Lot Size, Partially Cleared, Open Space, Flat Site, Hilly
Parking Space Total	15

Building

Parking

No Garage

Land

Acreage	No
Land Amenities	Golf Nearby, Hospital
Size Depth	460 Ft ,8 In
Size Frontage	201 Ft ,6 In
Size Irregular	201.54 X 460.73 Ft
Size Total Text	201.54 X 460.73 Ft|1/2 - 1.99 Acres
Zoning Description	R4-41h & Ep

Utilities

Cable	Available
Electricity	Available
Natural Gas Available	Available
Telephone	Nearby
Sewer	Available

https://www.realtor.ca/real-estate/29961489/551-muskoka-118-road-w-bracebridge-monck-bracebridge-monck-bracebridge