Just over an hour north of Toronto; Discover a rare investment opportunity on beautiful Orr Lake with FIVE fully winterized, waterfront cottages on over 200 feet of shoreline offering year-round income potential. These charming one- and two-bedroom units were rejuvenated in 2023 & are equipped with both heating and air conditioning, making them perfect for all-season rentals. Brand new Waterloo Septic System services the cottages ($82K). UV water system. Each cottage is thoughtfully designed for comfort and functionality, with direct access to a large 200+ foot sandy, shallow beach ideal for guests of all ages. Adding to the value is a freestanding coffee shop located on the property, currently leased out to incredible tenants, providing additional passive income. With consistent rental demand, scenic lake views, and solid returns, this is a turnkey waterfront portfolio not to be missed. Machinery included: John Deere zero turn mower & Kioti tractor. Located across the street from Orr Lake Golf Club, LCBO and a short drive to Slopes & Spas (Mt St Louis, Horseshoe, Vetta & Snow Valley). (id:4069)
Address
5608 PENETANGUISHENE ROAD
List Price
$2,949,000
Property Type
Business
Transaction Type
Sale
Area
Ontario
Sub-Area
Springwater
Bathrooms
5
Floor Area
1 Sq. Ft.
Lot Size
1.06 Sq. Ft.
MLS® Number
S12234737
Listing Brokerage
ROYAL LEPAGE FIRST CONTACT REALTY
Postal Code
L0L1P0
Zoning
Commercial; Tourist Establishment
