Added 1 month ago
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Type: Detached
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Style: Bungalow
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Size: 1100 sqft
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Lot Size: 281 x 400 Feet
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Age: No Data
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Taxes: $5,243 per year
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Days on Site: 21 Days
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Added: Jul 23, 2024 (1 month ago)
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Updated:
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Last Checked: 2 hours ago
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MLS®#: X9052060
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Listed By: Forest hill real estate inc.
Attention resort property investors and those interested in Living at a beautiful location with income properties to benefit from. This exceptional property on Whitestone Lake offers an unparalleled opportunity to capitalize on a thriving rental market. The charming updated bungalow serves as the main residence, featuring a spacious primary bedroom, two offices, a generous great room, and a sprawling deck with stunning lake views. The walk-out basement includes an additional bedroom, a recreational room, and direct access to a hot tub room, perfect for year-round enjoyment. In addition to the main residence, the property includes a massive oversized two-car garage built in 2017, equipped with its own electrical system and heating and fans, ideal for vehicles, equipment, and those recreational toys. The Games Building, located closer to the shoreline and beach area, provides everyone with a space for family fun and sports viewing. the highlight for those looking to easily create extra inc, lies in the four beautifully renovated cottages on the property. 3- 2-bedroom cottages and one 1-bedroom cottage, each with private docks. These units offer privacy & comfort for guests. The consistent demand and repeat visitors through Airbnb and seasonal rentals ensure a steady stream of income. Moreover, a fifth building on the property awaits you. This versatile structure is primed for transformation into a year-round rental or instead of a rental unit it could be a commercial venture. With existing heat equipment and exterior siding work pending (virtually rendered in photos), it has previously served multiple purposes, including as a restaurant. This property is a goldmine of opportunity, generating income from seasonal renters and Airbnb guests. Whether you choose to live here, run a business, or develop your dream resort, the possibilities are endless. Seize this chance to invest in a prime lakeside location with great income streams and boundless potential!
Extras
Property consists of: 1 x YEAR ROUND HOME approx 1400 sq ft with w/o basement, 4 x COTTAGES WITH private individual DOCKS, 1 x TWO BDR HOME , OVERSIZED DOUBLE Heated GARAGE , RECREATIONAL GAMES BUILDING.b STORAGE, PLAYGROUND, Beach area
Upcoming Open Houses
We do not have information on any open houses currently scheduled.
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Property
Status: Sale
Property Type: Detached
Style: Bungalow
Size (sq ft): 1100
Area: Whitestone
Availability Date: Flex TBD
Inside
Bedrooms: 2
Bedrooms Plus: 9
Bathrooms: 7
Kitchens: 1
Kitchens Plus: 6
Rooms: 6
Den/Family Room: No
Air Conditioning: Central Air
Fireplace: Yes
Laundry Level: Lower
Washrooms: 7
Utilities
Electricity: Yes
Telephone: Yes
Building
Basement: Part Fin
Basement 2: W/O
Heat Type: Forced Air
Heat Source: Propane
Exterior: Vinyl Siding
UFFI: No
Water Supply Type: Lake/River
Water Supply: Other
Special Designation: Unknown
Other Structures: Aux Residences
Other Structures: Workshop
Parking
Driveway: Available
Garage Spaces: 2
Garage Type: Detached
Covered Parking Spaces: 10
Total Parking Spaces: 12
Fees
Tax Year: 2023
Tax Legal Description: LT 4 S/S WILLIAM ST PL 61; MILL BLK PL 61 EXCEPT PT 1 42R3002; W
Taxes: $5,243
Highlights
Feature: Beach
Feature: Lake Access
Feature: Lake/Pond
Feature: Library
Feature: Marina
Feature: Waterfront
Land
Cross Street: Hwy 124 x Bridge (Du
Municipality District: Whitestone
Fronting On: West
Parcel Number: 520881023
Pool: None
Sewer: Septic
Lot Depth: 400 Feet
Lot Frontage: 281 Feet
Lot Irregularities: irreg. 1.33ac 465' la
Acres: .50-1.99
Zoning: c1,c2
Waterfront: Direct
Water Body Name: Whitestone
Water Body Type: Lake
Water Frontage: 141.73
Access To Property: Highway
Easements Restrictions: Unknown
Water Features: Dock
Water Features: Watrfrnt-Deeded
Shoreline: Mixed
Shoreline: Sandy
Shoreline Allowance: Owned
Shoreline Exposure: N
Waterfront Accessory: Bunkie
Water Delivery Features: Heatd Waterlne
Water Delivery Features: Uv System
Additional Media
- Virtual Tour: https://youtu.be/-sFdW6SKWRA
Rooms
Room details for 2216 Hwy 124, Whitestone
| Type | Dimensions | Description |
|---|---|---|
| Living Main | 464.00 x 7.10 | W/O To Deck, Overlook Water |
| Dining Main | 4.10 x 4.80 | W/O To Deck, Overlook Water |
| Kitchen Main | 3.30 x 4.78 | Stainless Steel Appl, Backsplash, Pantry |
| Office Main | 2.43 x 3.78 | W/O To Yard |
| Br Main | 3.49 x 4.57 | W/O To Sundeck |
| Prim Bdrm Main | 3.96 x 5.00 | 5 Pc Ensuite, Soaker |
| Br Bsmt | 4.42 x 500.00 | W/O To Terrace, Hot Tub |
| Rec Bsmt | 4.74 x 5.00 | |
| Laundry Bsmt | 3.45 x 7.30 | W/O To Garden |
Car-Dependent
- Almost all errands require a car.
Somewhat Bikeable
- Most errands require a car.
Whitestone Lake Central School
Elementary: PublicArgyle Public School
Elementary: PublicMagnetawan Central Public School
Elementary: PublicNobel Public School
Elementary: PublicSt Peter the Apostle School
Elementary: CatholicMcDougall Public School
Elementary: PublicÉcole secondaire Northern
Secondary: PublicNorthern Secondary School
Secondary: PublicÉcole secondaire catholique Franco-Cité
Secondary: CatholicAlmaguin Highlands Secondary School
Secondary: PublicParry Sound High School
Secondary: PublicHuntsville High School
Secondary: Public
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471 North Meadowcove Road, Whitestone, Ontario • P0A 1G0 • Whitestone