$5,200,000

49-UNIT ADVANCED MUSKOKA DEVELOPMENT OPPORTUNITY - ACQUISITION, JV OR CAPITAL PARTNER. Exceptional opportunity for builders, developers and investors to acquire or participate in a substantially advanced residential development in the heart of Bracebridge. Draft Plan Approved for 49 luxury freehold townhomes on approximately 6 acres comprising two parcels, offering flexibility for phased development and investment strategies. Extensive planning, environmental studies, engineering and architectural design work has already been completed, including coordination with municipal and conservation authorities. The original development team, having advanced the project over nearly two decades, remains available to provide valuable continuity, extensive first-hand knowledge of the development history, and assistance through due diligence and transition. Proposed development features 3-storey luxury townhomes with rooftop terraces ranging approximately 2,300-3,200 sq. ft. Premium elevated in-town setting surrounded by a scenic ravine and backing onto conservation lands. Semi-private golf course a short walk away, with convenient access to Lake Muskoka, marinas, restaurants, shopping, hospital and Highway 11. Multiple transaction structures may be considered, including outright acquisition, joint venture and investor/capital partnership. (id:41202)