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Residential Home with additional apartments. Excellent location near the beach at Stewart Lake. Close to everything in the Village of Mactier, about one hour north of Barrie, two hours north of Toronto. Muskoka Investment Opportunity for staff or other housing. Could be used as an off-water investment to live full or part time in one unit and rent out the other two. The extra apartments could also be used for extended family member or as in-law suites. Each unit has its own kitchen, living room, bath, and bedroom. 3 separate hydro meters. The property is connected to municipal water and sewer services. Mactier fronts on Stewart Lake and is close to Lake Joseph, and many other lakes and crown land. There is the beach, a boat launch, train station, library, post office, LCBO, school, arena, baseball field, firehall, grocery store, hardware store, and more. Cash flow projection supports the asking price. For the cash flow projections or more details or for a showing please contact the listing agent. Excellent South Muskoka Location just off Highway 400 between the Downtown Area and the Public Beach at Stewart Lake. Live in one and collect rent to offset expenses.
City: Georgian Bay
Neighborhood: Freeman
Purchase Price | $49900000 |
Down Payment | $9980000 |
Mortgage Insurance | $0 |
Total Mortgage | $39920000 |
Mortgage Payment | $245997 |
Property Taxes | $126 |
Maintenance Fees | $0 |
Monthly Payment | $246123 |
Located at 29 Railway St Unit #1, 2, and 3, this Georgian Bay house is available for sale. This property was listed for $499,000 on Wed Jul 02 2025. This house's size is 1100-1500 Sqft. It has 4 bedrooms and 3 bathrooms. The property includes the following rooms: Foyer, Living, Kitchen, Br, 2nd Br, Bathroom, Laundry, Living, Kitchen, Br, Kitchen, Br, Living, Bathroom, Foyer. This property comes with 3 parking spots. 29 Railway St, Georgian Bay is situated in the Freeman neighbourhood.
MLS#: X12257649 · $499,000 · 4 bedroom house in Freeman, Georgian Bay