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1020 BIRCH GLEN Road, Lake of Bays (Mclean), ON P0B1A0
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$7,495,000
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Home Details for 1020 BIRCH GLEN Road
Price
$7,495,000
Type
Commercial/Industrial
Lot Size
20.5
Listing #
X12426578
On exitrealty.com
104 days
Property Description
STEP RIGHT IN TO OPERATE - AND YOU CAN ALSO COMPLETE THE BUILD-OUT OF THIS INCREDIBLE OFFERING - boasting 20.5 ACRES with 1,150 ft of PRIME SHORELINE - connected to MUNICIPAL WATER & SEWER and perfectly positioned in the coveted LAKE OF BAYS region of MUSKOKA. Currently operating as a Private Residence Club, THE LANDSCAPES property features a highly desired fractional ownership structure with a healthy reserve fund and 20 existing residences. Current zoning and DEVELOPMENT PERMIT allows for an ADDITIONAL 44 RESIDENCES to be constructed. Existing development for the project also includes the construction of roads and water/sewer, electrical, propane and fibre-optic utilities WITH SIGNIFICANT EXCESS CAPACITY AVAILABLE. As a new owner you will further 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 (call listing brokers to discuss in more detail). DEVELOPERS take note of this outstanding investment opportunity - whether on its own or combined with the adjacent property (also for sale - please inquire). PRICED TO SELL and ideally located only 2 hours north of Toronto and 25 minutes from the Muskoka Airport. Call today for more information and to arrange for your personal tour. (id:31684)
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Listing Courtesy: Chestnut Park Real Estate
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by and identify the quality of services provided by REALTORS®. Used under license. This information contained on this site is based in whole or in part on listing content from The Canadian Real Estate Association, which assumes no responsibility for its accuracy. This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate AssociationData Terms of Use
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EXIT REALTY TRUE NORTH, BROKERAGE
1004B Carson Road, Suite 5, Springwater, ON L9X 0T1