Developer: Freed Developments
Location: Muskoka Bay Resort, 90 mins north of Toronto
Size and scope: 62 units
Features: Ask me now
Pricing: from $274,900
Deposit: $5000 with agreement and extended for balance to 20%
1) LOCATION . JUST 90 MINUTES NORTH OF TORONTO.
One of the problems with many properties in the Muskoka is the time it takes to get there from the GTA.
Muskoka Bay Resort is just 90 minutes up the 400 from Toronto at the south end of the Muskoka area and is located just outside of the town of Gravenhurst which is sort of the first major town in the region as you head north.
2) VALUE. OWN IN MUSKOKA FROM THE MID $200S.
Many people have given up the thought of owning in Muskoka.
If you have less than $2m good luck finding a decent waterfront cottage on one of the big-3 lakes (Muskoka, Rosseau, Joseph). It’s impossible!
Suites at the Residences at Muskoka Bay Resort will start from just the mid $200s.
Best part: Golf memberships are included and this alone is worth $55,000.
There’s also going to be an option to buy the units fully furnished – stay tuned for details on that.
Please note, this is full ownership of a condominium suite. This is not a time share or partial ownership opportunity.
3) EARN INVESTMENT INCOME . MAKE MONEY WHEN YOU’RE NOT USING IT.
The unique set up of owning in a resort community will allow owners of these units to earn income when they are not using their units.
Current entry level pricing for a night at in a 1 bedroom chalet the resort is about $400/night. 2 bedrooms are more like $600/night – and they are booked solid all summer!
The problem they found was that they didn’t have anything in the entry level range, and they didn’t have enough room to accommodate larger corporate events, golf tournaments and weddings.
This is why they created these suites – to offer something affordable to purchase but also something that could be rented out for $200-$300/night.
There is no minimum or maximum amount of time you can put your suite into the rental pool – it’s entirely up to your preference as to how much you want to use it for yourself or for rental income.
The rental side is 100% professionally managed by the on site resort staff – nothing for you to do but collect the cheques.
4) RESORT AMENITIES. ENJOY LIVING ON ONE OF THE BEST GOLF COURSES IN CANADA .
The golf course at Muskoka Bay Resort is consistently ranked as one of the best in Canada. It’s absolutely stunning.
Every single unit in the building overlooks the 18th hole.
Golf membership is included for all owners and that starts as soon as you buy, so you don’t have to wait until the condo is finished to start enjoying your investment.
Owners will also have full access to the club house with infinity pool, fitness facility, restaurant and more.
The resort is just a great place to come and spend time with friends, family, or use as a business expense for sending up clients, colleagues, employees etc. for the day or a weekend of golf and R&R.
INTERESTED? WHAT TO DO NEXT:
If you are interested in this opportunity,
***NOTE: the prices and floor plans will be added to this page later tomorrow once they are released***
1) Check out the floor plans and price list available NOW.
2) Worksheets (suite reservations forms) will be accepted immediately and you can complete one entirely online here.
3) Contract signings will begin this weekend
**Only those who are allocated a suite may purchase a unit, and in order to get a suite allocated to you, you must first complete a worksheet**
Email Immediately to get access to the 60 suites available. Signing is August 19 & 20th