42 Todholm Drive Todholm Drive, Muskoka Lakes, ON P0B 1J0

$1,950,000
5
BD
3
BA
1,500
SqFt

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List Price
$1,950,000
MLS#
X13710672
Status
ACTIVE
Type
Single Family Residential
SubType
Detached
Style
2-Storey
Bedrooms
5
Bathrooms
3
Living Area
1500-2000
Province
ON
Municipality
Muskoka Lakes
Area
Muskoka
Neighborhood
Medora
Subdivision
Foreman Road And Hwy 118 West

Property Description

Beautiful Unique "A" shaped cottage fully renovated and located in the heart of Muskoka cross from Hanna park and beach. This property offer a large waterfront with a beautiful recently constructed dock with a 700 square feet double deck right on the water. Room for a boat to be covered and stay dry. The glass railing on the deck gives you great space for just enjoying or having a great get together. Being right in town enjoy the shopping for all your needs. The "A" shape will provide you tons and tons of sunlight. The newly renovated kitchen gives you tons of space to cook. The loft on the second floor is beautiful space that gives you scenic views of the waterfront through the "A" shaped windows. Seeing is believing. The Septic system was was replaced in August 2023. Both Septic and Double deck with dock done with City permits. Landscaping done with Muskoka Stone with a fire pit. 3000 square feet gives a large family tons of room. Short term rental can make a great investment to your portfolio. Capable of bringing a cap rate of 18 percent. At present bringing in 10 percent. This property can offer great times and be a great investment. Cap Rate of over 10 percent. Will make it nice retirement property. Force air furnace and air conditioning and Generator are 4 years old. All the furniture is included which is 6 years old. **EXTRAS** Fridge, Built in countertop electric stove, Built in oven, Built in Microwave, Built in Dishwasher, Washer and Dryer. Electrical fixtures. 24 Kwatt Generator. 6 persons Hot tub. Tesla Charger. Will get it in perfect condition as all updates will be completed as per buyer choice. Turn key.

Additional Information

Taxes
$6,200
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Central Air
Family Room
Yes
Kitchens
1
Exterior
Wood
Waterfront Type
Direct
Garage Spaces
1
Garage Type
Detached
Pool
None
Parking Spaces
7

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Calculator source: Real Geeks

Listing courtesy of SAVE MAX REAL ESTATE INC..