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$3,465,000
Available - For Sale
Listing ID: X12020013
Welcome to Invernairn on Georgian Bay. The property consists of almost 12 acres and approximately 2,500 feet of shoreline on Georgian Bay forming the southern peninsula of highly coveted Mowat Island. Built by locally renowned builder Ron Bowman, the family compound features a 4-bedroom main cottage and 3-bedroom guest house both with jaw dropping views overlooking the quiet eastern shoreline of Huckleberry Island including the notable landmark, Hole in the Wall and both on their own septic systems. The main cottage features an open concept with vaulted ceilings and large windows allowing for an abundance of natural light. The centre of the cottage is anchored by a massive floor to ceiling wood burning fireplace constructed from locally quarried granite. Off of the kitchen is a screened sun porch with remarkable views and is a favourite gathering place in the summer - large enough to accommodate family & friends. A wooden boardwalk provides connectivity between the main house and guest house while still allowing for ultimate privacy. The property is heavily treed largely with Jack Pine, Oak and Hemlock. There is a Forest Management Agreement in place on the property thereby assuring significant tax relief. The lush vegetation supports a vibrant bird population, as well as fox and deer. Well groomed trails throughout the property offer opportunities for walking and hiking. A golf cart is employed to transport luggage and supplies from the harbour to the cottages. The property also features a long protected sandy beach, perfect for children and rarely found on Georgian Bay. Mowat Island has tremendous history and was originally home to a grand Georgian Bay Hotel operating during the late 1800's in the peak of passenger steamships. Now the property is spotted from large cruise ships sailing the Great Lakes & beyond.
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Percent Down:
Down Payment $173,250 $346,500 $519,750 $693,000
First Mortgage $3,291,750 $3,118,500 $2,945,250 $2,772,000
CMHC/GE $90,523.13 $62,370 $51,541.88 $0
Total Financing $3,382,273.13 $3,180,870 $2,996,791.88 $2,772,000
Monthly P&I $14,486.01 $13,623.42 $12,835.03 $11,872.26
Expenses $0 $0 $0 $0
Total Payment $14,486.01 $13,623.42 $12,835.03 $11,872.26
Income Required $543,225.51 $510,878.24 $481,313.52 $445,209.79

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Engel & Volkers Parry Sound

8 ISLAND 29C N/A , Carling, P0G 1G0, Parry Sound

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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: Parry Sound
Municipality: Carling
Neighbourhood: Carling
Style: Other
Lot Size: x 868.40(Acres)
Approximate Age: 31-50
Tax: $6,203.37
Maintenance Fee: $0
Beds: 4
Baths: 1
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
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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
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

  Email Us

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

 

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