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$ 14,900,000
Est. payment /mo
Active
1020 BIRCH GLEN RD Lake Of Bays, ON P0B 1A0
12,000 SqFt
UPDATED:
11/28/2024 12:40 AM
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 12,000 sqft
Price per Sqft $1,241
MLS Listing ID X10894329
Annual Tax Amount $100,000
Tax Year 2022
Property Description
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.
Location
Province ON
County Muskoka
Community Mclean
Area Muskoka
Region Mclean
City Region Mclean
Rooms
Basement None
Kitchen 0
Interior
Cooling Other
Fireplace No
Heat Source Other
Exterior
Pool None
Community Features Recreation/Community Centre
Utilities Available Unknown
View Panoramic, Lake
Roof Type Unknown
Building
Lot Description Irregular Lot
New Construction false
Others
Security Features Unknown
Listed by Chestnut Park Real Estate Ltd., Brokerage, Port Carling