
Magnetawan, ON P0A 1P0
This is a unique and affordable way to own a cottage property on high-demand Ahmic Lake. There are 6 shares in the Port Anson Estates corporation. Each cottage has one share. There are 5 cottages and one boathouse. This is Cottage C. Your one share gives you exclusive use of your own cottage but ownership of the land is common and shared with 5 other shareholders. Ahmic Lake is a large and deep lake offering excellent fishing and 40 miles of boating. Cottage C is not yet fully winterized but comfortable for 3 season use. Water is from the community drilled well and is further treated for safe drinking at the kitchen tap. Note that Cottage D is also listed for sale and it would be ideal if a family bought both C & D. Both cottages come fully furnished and are ready to enjoy. There is a beautiful sand beach at the waterfront with 278 feet of frontage and 4+ acres for the exclusive use of Port Anson Estates. At the shoreline is a nostalgic campfire pit and docking area for your boat. Exposure is northwest for spectacular sunsets. There is a steep set of stairs to waterfront from the cottage which can be used by all the cottage owners but these owners take the ATV around and follow a seasonal roadway to the waterfront. The ATV is included in the sale. Also included in the sale of Cottage C is a paddleboard and washing machine. Maintenance fee is $3,000/year and includes lawn mowing, taxes and liability insurance. Note that the cottages in Port Anson Estates cannot be rented out.
TRREB MLS® Attribution
MLS® X13140496
Listed by Chestnut Park Real Estate
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$1,343
/month · $220,000 mortgage
Amortization
Total Interest
$182,858
Total Cost
$402,858
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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Chestnut Park Real Estate