$1,800,000 FOR SALE

Detached Bungalow

Bedrooms: 1Bathrooms: 1Lot: 140 x 0 ft

84-85 Wilson Lake Crescent
Port Loring, ON P0H 1Y0

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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Listed By eXp Realty Brokerage, Parry Sound
Data Provided By The Lakelands Association of REALTORS®
MLS® Listing Number 40623191
Last Updated Jul 26, 2024
Property Summary
Property Type Detached

More like this:
Subdivision Wilson
Price History
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Detailed Information
Bedrooms 1
Bathrooms 1
Lot 140 x 0 ft
Amenities Nearby Beach, Place of Worship, Schools, Shopping
Community Features School Bus
Equipment Propane Tank
Features Country residential, Solar Equipment
Listing Contract Date 2024-07-20
Location Description Travel HWY 522 to Port Loring. Turn onto Wilson Lake Crescent
Ownership Type Freehold
# of Parking Spaces 11
Property Type Single Family
Rental Equipment Propane Tank
Transaction Type For sale
Views View of water
Waterfront Type Waterfront
Waterfront Name Wilson Lake
Zoning Description Unorganized
Building
Appliances Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
Architectural Style Bungalow
Basement Type None
Construction Style (Attachment) Detached
Cooling Type Ductless
Exterior Finish Vinyl siding
Heating Type Heat Pump
Stories Total 1
Type House
Utility Water Municipal water
Rooms
Room Level Dimensions Notes
BedroomMain level14'0'' x 12'0''
3pc BathroomMain levelMeasurements not available
Kitchen/Dining roomMain level22'0'' x 19'0''
Living roomMain level10'0'' x 11'0''
Utilities
Type Description
ElectricityAvailable
TelephoneAvailable
Land
Total Size 2.47 acres
Acreage Yes
Amenities Beach, Place of Worship, Schools, Shopping
Sewer Septic System
Size of Irregular Land 2.47
Surface Water Lake

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