104214 Highway 7, Marmora and Lake | Image 1

104214 Highway 7

Marmora and Lake

  • Commercial

$795,000
For Sale

Added 2 weeks ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: R1

  • Age: 31-50 years

  • Taxes: 5654.23

  • MLS®#: X9391511

  • Days on Site: 1 Days

  • Added: Oct 10, 2024 (2 weeks ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: ROYAL LEPAGE PROALLIANCE REALTY

Welcome to the Entertainment Palace! This exceptional property sits on 14 acres and offers everything you need for comfort and enjoyment. It features two hot tubs, a large above-ground pool, a bright games and bar room, and plenty of decking where family and friends can relax. Inside, the home boasts eight bedrooms, including two with large walkout balconies, three bathrooms, a spacious family room, living room, dining room, and a generously sized kitchen. This home presents endless possibilities, from in-law suite potential with a separate entrance to investment opportunities for generating extra income. It's also the perfect space to raise a large family. The beautifully landscaped yard invites you to spend weekends relaxing at home, while the 1.5-car detached garage, measuring 19 x 29 feet, is an ideal spot for a man cave or workshop. Conveniently located between Madoc and Marmora, this home is close to all essential amenities. As an extra bonus, almost all the furniture and equipment are included with the property!

Property

  • Status: Sale

  • Property Type: Investment

  • Property Type: Accommodation

  • Age: 31-50

  • Area: Marmora and Lake

  • Availability Date: Flexible

  • Assessment Amount: $379,000

  • Assessment Year: 2024

Inside

  • Bathrooms: 3

  • Air Conditioning: Y

  • Washrooms: 3

Utilities

  • Utilities: Yes

Building

  • Water Supply Type: Drilled Well

  • Freestanding: Y

  • Water Supply: Well

Parking

  • Garage Type: Single Detached

  • Covered Parking Spaces: 1

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LT 5 CON 10 MARMORA PT 2 21R2357; MARMORA AND LAKE; COUNTY OF

  • Taxes: $5,654

  • Expenses: Act

  • Management Expense: 7040

  • Insurance Fee: 5632

  • Operating Fees: 31920

  • Hydro Expense: 3195

  • Heat Expenses: 4952

  • Taxes Type: Annual

  • Taxes: 5654

  • Tax Year: 2024

Land

  • Cross Street: Highway 7 to Marmora

  • Municipality District: Marmora and Lake

  • Parcel Number: 401810102

  • Lot Depth: 1281.96 Feet

  • Lot Frontage: 625.46 Feet

  • Zoning: R1

Additional Media

  • Virtual Tour: https://unbranded.youriguide.com/104214_hwy_7_marmora_on/

Commercial Specific

  • Total Area: 14.72

  • Total Area Metric: Acres

  • Franchise: N

  • Lot Code: Lot

  • Survey: Y

  • Financial Statement: N

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