1020 BIRCH GLEN Road, Lake of Bays, ON P0B 1A0

Lake of Bays P0B 1A0 Ontario

MLS: X10894329

$14,900,000

Added 126 days ago | For Sale

Listed by: Chestnut Park Real Estate Ltd., Brokerage, Port Carling

About Property

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.

Features

  • House Style:Investment
  • Bathrooms:
  • Land Size: 1150 X 0
  • Water:Municipal
  • Garage Spaces: /Unknown
  • Driveway:
  • Heating Fuel:Other
  • Cross Street:Muskoka Road #117 to Birch Glen Road
  • Basement: ,
  • Possession Date:Flexible
  • Annual Property taxes: $100000
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:Other
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X10894329

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