1020 BIRCH GLEN Road (40440685)

$14,900,000
Developers take note of this outstanding investment opportunity - part of a larger offering which totals 36 acres with 1,360 feet of waterfront in the coveted Lake of Bays region of Muskoka. The Landscapes property boasts 20.5 acres with 1,150 ft of prime shoreline. Currently operating as a Private Residence Club with fractional ownership of approximately 170 members and 20 existing residences. Current zoning and development permit allows for an additional 44 residences. The development of the project also included the construction of roads and water/sewer, electrical and propane utilities with significant excess capacity available. A new owner will benefit from substantial added value with the majority of amenities already built - including a boathouse, clubhouse, swimming pool, rec centre, and tennis court. Future expansion and development provides flexible ownership opportunities (and the adjacent 16 acre development property is also for sale). Ideally located only 2 hours north of Toronto and 25 minutes from the Muskoka Airport. Call today for more details and to arrange for property tour. (id:35324)

Book a Showing

    Details

    Property
    1020 BIRCH GLEN Road
    City: Baysville, Ontario, Canada
    Size: 12000
    Utilities
    Central Air: No
    Heat Source: N/A
    Heat Type: Other
    Sewer: Municipal sewage system
    MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association
    Powered by SoldPress