169 - 3068 Muskoka District Road

Muskoka Lakes, ON

5 bath
4,248 sqft
Sale Of Business
63 days on market

$399,000

Lakeside Bala is a beautiful waterfront restaurant located on Bala Bay, Lake Muskoka, in the heart of downtown Bala. Licensed for 124 guests, the restaurant features two indoor dining rooms and a large waterfront patio, all offering stunning lake views year-round. Situated on the town's main highway, guests arrive by car, boat, floatplane, and on foot. This well-established restaurant is known for its popular steak and seafood menu and enjoys strong support from affluent Muskoka cottagers and visitors throughout the summer. Located just steps from The Kee to Bala, the restaurant benefits from busy concert nights, while the off-season brings corporate events, live music, weddings, and private functions. The restaurant is equipped with a 15-ft commercial hood, premium equipment, one walk-in fridge, modern leaseholds, and reinforced heated concrete flooring. Licensed for 94 inside plus 30 on the spectacular northwest-facing patio. The building has been extensively renovated with modern improvements and includes updated equipment, reinforced heated concrete flooring, and an upstairs staff accommodation area. Zoned C3 and R1, with a new long-term lease available for the purchaser, this is a rare opportunity to own one of Lake Muskoka's premier waterfront restaurant locations. Please do not go direct or speak to staff or ownership.

Listing Details

Listed: July 9, 2026

Price History

Listing history

Property

Lot Size: 124.38 x 96.81 Feet

Parking

Garage: Plaza

Utilities

Sewer: Sanitary+Storm

Location & Legal

Cross Street: Muskoka Rd 169 and Bala Falls Rd
Zoning: Business Commercial
Possession: Flexible
Occupancy: Owner+Tenant

Commercial

Business Type: Restaurant
Office / Apartment Area: 648 Sq Ft

Community

Postal area P0C

Population: 4,824
Private dwellings: 6,930
Median age: 56.8
Average household size: 2.1
Median household income: $78,500

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Muskoka Lakes · last 12 months

Median sold price: $890,000
Homes sold: 248
Median days on market: 28
Sale-to-list price: 93.7%

Based on 248 recorded sales of commercial properties in Muskoka Lakes over the last 12 months.

Listed by

ROYAL LEPAGE SIGNATURE REALTY

Walk Score

Walk Score is unavailable for this address right now.

Location

Street View

Commercial figures

Building area: 4,248 sq ft
Price per sq ft: $93.93

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

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