Lake Of Bays, ON P0B 1A0,1020 BIRCH GLEN RD
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$ 14,900,000
Est. payment | /mo

12,000 SqFt


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$ 14,900,000
Est. payment | /mo
Save

12,000 SqFt

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
Nitu Bedi

RECO RECO

+1(416) 992-9324 | nitubedi@bedirealtygroup.com

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1020 BIRCH GLEN RD