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. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Turnkey 2-Bay Auto Shop & Flex Facility with On-Site Residence in Muskoka Lakes: Positioned on 10.86 acres, this exceptional commercial investment and live/work opportunity offers a total of 3,698 sq ft of commercial space (2,541 sq ft finished plus 1,157 sq ft of unfinished storage) and includes a renovated residential bungalow on-site. The commercial facility features a 1,010 sq ft 2-bay shop with 10 ft garage doors and 12'4" clear height for large vehicles, fitted with a 10,000 lb hoist, 60-gallon air compressor, tire changer, wheel balancer, and cutting/welding torches, complemented by 1,531 sq ft of finished flex space and 200 Amp service. Major recent upgrades provide complete peace of mind, including a completed Phase III Environmental (2024), a new oil tank (2024), and a new roof over the flex space (2024), with RuC1 zoning permitting automobile service stations, marinas, retail stores, and more-plus, the high-traffic location makes it ideal for a seasonal food truck court. Included in the package is a 1,860 sq ft 3-bedroom residential bungalow (majorly renovated in 2014) with a finished basement and wood stove; for additional information on the residence, please reference the residential listing at MLS# X13617530. Position your business for long-term success with this versatile, high-visibility Muskoka property.
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
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A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$3,904/mo
Mortgage (principal + interest)$3,733
Property taxFrom listing: $2,049/yr$171
Minimum $74,800 down for this price; the slider moves in whole percent, starting at 8%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$199,600
Ontario land transfer taxProvincial brackets, no first-time refund$16,435
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$218,835
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Muskoka Lakes has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. 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 information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
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