Developers take note of this outstanding investment opportunity - part of a larger offering which totals 36 acres with 1,360 feet of waterfront in the coveted Lake of Bays region of Muskoka. The Landscapes property boasts 20.5 acres with 1,150 ft of prime shoreline. Currently operating as a Private Residence Club with fractional ownership of approximately 170 members and 20 existing residences. Current zoning and development permit allows for an additional 44 residences. The development of the project also included the construction of roads and water/sewer, electrical and propane utilities with significant excess capacity available. A new owner will benefit from substantial added value with the majority of amenities already built - including a boathouse, clubhouse, swimming pool, rec centre, and tennis court. Future expansion and development provides flexible ownership opportunities (and the adjacent 16 acre development property is also for sale). Ideally located only 2 hours north of Toronto and 25 minutes from the Muskoka Airport. Call today for more details and to arrange for property tour. |
Price | $14,900,000 |
Taxes: | $100000.00 |
Tax Type: | Annual |
Assessment: | $6431000 |
Assessment Year: | 2016 |
Occupancy by: | Owner |
Address: | 1020 BIRCH GLEN Rd , Lake of Bays, P0B 1A0, Ontario |
Postal Code: | P0B 1A0 |
Province/State: | Ontario |
Legal Description: | SEE SCHEDULE 'C' FOR DETAILED LEGAL DESC |
Directions/Cross Streets: | Muskoka Road #117 to Birch Glen Road |
Total Area: | 12000.00 |
Total Area Code: | Sq Ft |
Area Influences: | Rec Centre |
Heat Type: | Other |
Central Air Conditioning: | Other |
Sewers: | Sewers |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
Chestnut Park Real Estate Ltd., Brokerage, Port Carling |
|
Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Muskoka |
Municipality: | Lake of Bays |
Neighbourhood: | Mclean |
Tax: | $100,000 |