$1,800,000
Waterfront
Prime Investment Opportunity in Port Loring on Wilson Lake!\r\n\r\nIdeally situated on the renowned Pickerel River system, this property offers a blend of waterfront living and rental income potential. The owner’s residence is located at the lakeside, providing scenic views and direct access to the water. In addition to the main residence, the property includes a mobile home (owner occupied) and eight rental cottages—four of which are winterized for 4-season use and 4 furnished, seasonal cottages. Nestled on 2+ acres, you'll enjoy approximately \r\n140ft. of water frontage with a sandy beach area providing gentle access to the water and a common BBQ area. The public boat launch is located nearby.\r\nServiced by municipal water, a commercial septic, and hydro, the property is well-equipped to handle multiple occupants. Additionally, it features 16 boat slip rentals, adding an extra source of income. The main residence is equipped with solar panels under a microFIT contract, offering additional revenue.\r\n\r\nConveniently located within walking distance to amenities such as restaurants, hardware stores, convenience stores, LCBO, and a credit union. Seize this incredible opportunity to own a versatile property with multiple income streams in the beautiful Port Loring area. Located in an unorganized township. Convert to your very own waterfront family compound or carry on as a business. Schedule your tour today! (id:36109)
Property Details
MLS® Number
|
X10899864 |
Property Type
|
Business |
EquipmentType
|
Propane Tank |
RentalEquipmentType
|
Propane Tank |
Structure
|
Dock |
WaterFrontType
|
Waterfront |
Building
SizeInterior
|
7000 Sqft |
UtilityWater
|
Municipal Water |
Land
AccessType
|
Year-round Access |
Acreage
|
No |
Sewer
|
Septic System |
SizeFrontage
|
140 Ft |
SizeIrregular
|
Unit=140 Acre |
SizeTotalText
|
Unit=140 Acre |
ZoningDescription
|
Unorganized |