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$2,999,900
Available - For Sale
Listing ID: X12282183
Introducing Woodland Cottages on Balsam Lake. A cottage rental resort on an impressive 0.88 acre lot with 260 ft of pristine sandy waterfront. Truly a rare and treasured piece of Balsam Lakes sought after shoreline. Featuring 8 seasonal cottages and a main 1700 sqft year round home with a boathouse. 7 of the cottages have three bedrooms, 1 has two bedrooms. Each cottage has a living room, dining table, kitchen, full bathroom, bbq, picnic table, and firepit. Wade in sandy beach with crystal clear water and floating waterslides, perfect for all ages to enjoy the lake. Guests can enjoy basketball, horseshoes, the swing set, sandbox, or a picnic with a view of the majestic sunset, all under the canopy of towering pine trees. The main house features 2 kitchens, 4 bedrooms, 2 bathrooms, a boathouse with rooftop patio and a detached garage. Large main dock plus smaller docks along the shoreline for parking boats. Separately deeded back lot used for guest parking is included in the offering. 6 septic systems and 2 holding tanks. Family owned and operated for over 50 years. If you are an aspiring cottage rental host or a savvy investor looking to add a premier slice of Balsam Lake to your portfolio, this could be the opportunity of your dreams!
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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 $149,995 $299,990 $449,985 $599,980
First Mortgage $2,849,905 $2,699,910 $2,549,915 $2,399,920
CMHC/GE $78,372.39 $53,998.2 $44,623.51 $0
Total Financing $2,928,277.39 $2,753,908.2 $2,594,538.51 $2,399,920
Monthly P&I $12,541.59 $11,794.78 $11,112.21 $10,278.67
Expenses $0 $0 $0 $0
Total Payment $12,541.59 $11,794.78 $11,112.21 $10,278.67
Income Required $470,309.44 $442,304.07 $416,707.77 $385,450.17

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE KAWARTHA LAKES REALTY INC.

36 Goodman Road , Kawartha Lakes, K0M 1N0, Kawartha Lakes

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MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Detached
Area: Kawartha Lakes
Municipality: Kawartha Lakes
Neighbourhood: Fenelon Falls
Style: Bungalow
Lot Size: x 158.00(Feet)
Approximate Age:
Tax: $13,474.38
Maintenance Fee: $0
Beds: 4
Baths: 2
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


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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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