2 Rental Cottages 200 Feet On Lake Of Bays
Location Ontario,Canada
Asking Price Range $500K - $1.0M
Gross Revenues $50000
Net Profit / Cash Flow $30000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1995
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Description 2 complete and separate cottages for sale on 0.4 acre with 200 ft on fabulous Lake of Bays in Muskoka. Private and peaceful. Spectacular view! New electric elevator between cottages and lake makes dock accessible to anyone. Cottage #1 is 850 sf split-level with 3 bedrooms and 1.5 bathroom, hardwood floors, stuccoed gypsum and cedar walls, cathedral ceiling with skylights and thermostatically - controlled fans, large bright windows, walk-out to large cedar deck.
Cottage #2 is 800 sf bungalow with 2 bedrooms and 2 piece bathroom. Natural pine floors, stuccoed gypsum and cedar walls. Muskoka screen room. Wooden stairway from cottages large 575 sf permanent cedar dock. Clear, clean, deep water, sandy bottom, no weeds. Great lake for boating and fishing. Can be rented from June to October $2,300 a week. Seasonal use but can be easily winterized. Year-round road access, plowed all winter. Make an offer! Property taxes $3,500 for 2007 Asking price $599,600. Email or call Andrew Sobczak, Member of the Muskoka & Haliburton Real Estate Board, at 705-543-1341 for more info.
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