Port Loring / Parry Sound Remote Area, ON P0H 1Y0
Here is the opportunity to purchase an in-town lot close to Wilson Lake along with Deeded Easements for parking for 4 property owners of Edwards Island. Easement provides passive income of $200.00 each / year which allows for one vehicle and one boat trailer per island owner. As an added bonus, there is a septic bed and drilled well that were installed in approximately early 80's. Condition of well and septic unknown and considered "AS IS". Lot is relatively flat and could be used for a house or expanded parking. There is an old creek that runs through pipes below the surface near one side of the property. A short walk down the hill to the public dock or the public boat launch. Wilson Lake is near the east end of the well known Pickerel River System offering 65 km's of boating. The OFSC snowmobile passes by the property. The property is situated in East Mills, one of the Unorganized Townships within the District of Parry Sound allowing ease of development; you still need to build to Ontario Building Code as a minimum standard. This property is awaiting a new owner to develop it or to invest in much needed parking for water access cottagers on Wilson Lake and the Pickerel River System.
TRREB MLS® Attribution
MLS® X13055130
Listed by RE/MAX Parry Sound Muskoka Realty Ltd
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Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$371
/month · $60,800 mortgage
Amortization
Total Interest
$50,535
Total Cost
$111,335
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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RE/MAX Parry Sound Muskoka Realty Ltd