2831 60 Highway
Franklin / Lake of Bays, ON P0A 1H0
About This Property
A unique commercial and investment opportunity in the heart of Dwight, offering retail, workspace, storage and residential living all under one roof. Ideally located between Huntsville and Algonquin Provincial Park, and within walking distance of Dwight Beach on Lake of Bays, this versatile property presents exciting potential for an owner/operator, entrepreneur, tradesperson or investor.The main level features approx. 800 sq. ft. of bright, open commercial/retail space with a street-facing entrance and welcoming front porch. Beyond the storefront is additional storage, a 2-piece washroom and an impressive approx. 40' x 36' workshop/garage with side garage door and backyard access. An additional flexible-use room, currently used as a gym/sauna, offers even more possibilities. A single-car garage and ample on-site parking add to the property's functionality.Significant improvements include spray foam insulation, new windows, updated electrical, a new drilled well pump and GenerLink generator connection.Adding further value is a spacious 3-bedroom, 2-bathroom residence above, providing the opportunity to live where you work or explore additional income potential. The residence features bright open-concept living, a large kitchen island, woodstove and primary bedroom with walk-in closet and 2-piece ensuite. The backyard offers a deck, gazebo, hot tub area and gardens.Whether envisioned as a storefront, professional space, studio, showroom, workshop or home base for a growing business, this property offers the space and flexibility to invest, operate and grow in Lake of Bays.
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X13712000
Listed by RE/MAX Professionals North
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$2,929
/month · $479,920 mortgage
Amortization
Total Interest
$398,897
Total Cost
$878,817
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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