Prime Investment Opportunity in Port Loring on Wilson Lake! Ideally situated on the renowned Pickerel River system, this property offers a blend of waterfront living and rental income potential. The owner’s residence is located at the lakeside, providing scenic views and direct access to the water. In addition to the main residence, the property includes a mobile home (owner occupied) and eight rental cottages—four of which are winterized for 4-season use and 4 furnished, seasonal cottages. Nestled on 2+ acres, you'll enjoy approximately 140ft. of water frontage with a sandy beach area providing gentle access to the water and a common BBQ area. The public boat launch is located nearby. Serviced by municipal water, a commercial septic, and hydro, the property is well-equipped to handle multiple occupants. Additionally, it features 16 boat slip rentals, adding an extra source of income. The main residence is equipped with solar panels under a microFIT contract, offering additional revenue. Conveniently located within walking distance to amenities such as restaurants, hardware stores, convenience stores, LCBO, and a credit union. Seize this incredible opportunity to own a versatile property with multiple income streams in the beautiful Port Loring area. Located in an unorganized township. Convert to your very own waterfront family compound or carry on as a business. Schedule your tour today! (id:47423)
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Detailed Information
Lot
140 x 0 ft
Amenities Nearby
Schools
Equipment
Propane Tank
Features
Solar Equipment
Listing Contract Date
2024-07-20
Location Description
Travel HWY 522 to Port Loring. Turn onto Wilson Lake Crescent
Ownership Type
Freehold
Property Type
Hospitality
Rental Equipment
Propane Tank
Transaction Type
For sale
Waterfront Type
Waterfront
Waterfront Name
Wilson Lake
Zoning Description
Unorganized
Building
Basement Type
Partial
Stories Total
1
Size (Exterior)
7000
Utility Water
Municipal water
Utilities
Type
Description
Electricity
Available
Telephone
Available
Land
Total Size
2.47 acres
Acreage
Yes
Amenities
Schools
Sewer
Septic System
Size of Irregular Land
2.47
Surface Water
Lake
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