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$669,000
Available - For Sale
Listing ID: S12054661
Nestled just a stones throw from the picturesque MacLean Lake, this expansive 2,800 sq. ft. home plus a basement is the perfect canvas for your next investment. Currently in the midst of renovations, this property presents an incredible opportunity for resale or short-term rental income once completed. With lake views without the waterfront taxes, you can enjoy the beauty of the water without the extra cost. The home boasts cathedral ceilings, a solid stone foundation, and two propane fireplaces, adding warmth and character. Essential upgrades have already been taken care of, including a 200-amp electrical panel, a furnace installed in 2015, and a septic system from 2017. The hot water tank is owned, eliminating rental fees. Additionally, the home is fitted with Northstar windows, which come with a lifetime transferable warranty, adding long-term value and energy efficiency. The location is ideal for outdoor enthusiasts, with a dock and boat launch just minutes away at 1914 Henrys Landing, making access to MacLean Lake effortless. The area is rich in natural beauty, with Gibson River Provincial Park just 12km away and Bridgeview Park only 8km from the property. Fishing enthusiasts will love MacLean Lake, known for its largemouth bass, black crappie, and northern pike, making it a great spot for a weekend getaway or a rental property catering to anglers. Nearby, the scenic Black River offers even more outdoor adventure. Whether you choose to complete the renovations for your dream home, flip it for profit, or turn it into a thriving Airbnb, the investment potential here is undeniable. With strong demand for rental properties near lakes and the key upgrades already in place, this home is primed for a lucrative return. Don't miss out on this unique opportunity. ** De-clutter software used in several pictures**
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $84.95 $169.9 $254.85 $339.8
First Mortgage $1,614.05 $1,529.1 $1,444.15 $1,359.2
CMHC/GE $44.39 $30.58 $25.27 $0
Total Financing $1,658.44 $1,559.68 $1,469.42 $1,359.2
Monthly P&I $7.1 $6.68 $6.29 $5.82
Expenses $0 $0 $0 $0
Total Payment $7.1 $6.68 $6.29 $5.82
Income Required $266.36 $250.5 $236 $218.3

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX RIGHT MOVE

1894 Henry's Landing N/A , Severn, L0K 1E0, Simcoe

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MD Ashraful Bari
Broker
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647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Detached
Area: Simcoe
Municipality: Severn
Neighbourhood: Rural Severn
Style: 2-Storey
Lot Size: x 267.04(Acres)
Approximate Age: 51-99
Tax: $4,475
Maintenance Fee: $0
Beds: 4
Baths: 1
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: Other
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
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Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229


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HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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