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 cottagesfour 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!
Mls | 40623191 |
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Listing Type | For Sale |
Style | Detachd |
Subtype | Resale |
Status | Active |
Days On Site | 137 |
Listing Provided By | eXp Realty Brokerage, Parry Sound | Julie Rainville |
Beds | 1 |
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Baths | 1 Total |
Sq Feet | 920 |
Units | 9 |
Buildings | 9 |
Zoning | Unorganized |
Acreage | 2.47 |
Water Front | Yes |
Property View | Yes |
State | ON |
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County | Parry Sound |
City | Port Loring |
Zip Code | P0H 1Y0 |
Area | Unorganized Centre Parry Sound District |
Subarea | Wilson |
Community Name | Wilson |
Listing VS Median (in Wilson) | |
Price: $1,800,000 low | high Med: $1,140,000 SqFt: 920 low | high Med: 4,044 $ / SqFt: $1,957 low | high Med: $349 On Site: 137 low | high Med: 116.000000 |