3068 MUSKOKA ROAD 169, Muskoka Lakes (Wood (Muskoka Lakes))
$3,900,000
For sale: Other
- Property type
- Commercial Retail
- MLS®
- MLS® X12964116
- Neighbourhood
- Wood (Muskoka Lakes)
Largest general assembly commercial retail location in Muskoka Lakes, on Lake Muskoka, located on Hwy 169, Bala, Ontario, Canada.Located within walking distance to the historic Kee to Bala music hall, run by Live Nation Entertainment and the Bala Bay Inn. Public parking, Boat parking, walking or float plane.With a summer population of over 30,000 people with approximately 48% of the lake homeowner households, earning over $200,000 per year, and 48% of those owners are aged 55 or older, reflecting affluent, baby-boomers. The location has many uses, for the last 17 years it has been operating as an upper scale restaurant. Over the years serving breakfast, lunch, and dinner with waterfront dining and patio. The overwhelming number of its customers are lakefront homeowners that dine there on a regular basis. *For Additional Property Details Click The Brochure Icon Below*
Sold data
Homes in Muskoka Lakes (Wood (Muskoka Lakes)) — recent sold market
Homes in Muskoka Lakes (Wood (Muskoka Lakes)) took a median of 34 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 72, across 100 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 47 days.
The median sale price was $1,267,000.
Homes sold for about 4.5% below asking on average, so there was room to negotiate.
About 8% of sales closed above the list price.
Around 29% of sellers reduced their price before finding a buyer.
- Median days to sell
- 35
- Median sale price
- $1,267,000
- Sale-to-list ratio
- 95.5%
- Sold above asking
- 8%
Based on 100 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Currently for sale
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