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$ 230,000
Est. payment /mo
New
22382 Highway 35 HWY Lake Of Bays, ON P0A 1E0
0.5 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Vacant Land
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5000 +
Subdivision Ridout
MLS Listing ID X12383818
Annual Tax Amount $852
Tax Year 2024
Lot Size 0.500 Acres
Property Sub-Type Vacant Land
Property Description
The property offers strong revenue potential, with the possibility of installing multiple billboards to generate passive income. Located at the prime intersection of Hwy 117 & Hwy 35 in Dorset, this 1.45-acre commercial/residential/ep lot offers an exceptional investment opportunity. Boasting high traffic exposure and stunning western lake views, this property is perfect for a range of developments, whether for commercial ventures or residential use. With convenient access to major highways, it provides maximum visibility and ease of access, making it an ideal location for mixed-use projects, residential development, or a thriving business. This lot, previously home to an older building that has since been removed, retains grandfathered rights, allowing for the construction of a property similar in size to the previous structure. Any adjustments to the building or changes in use would require permits from the city. For detailed information on all permitted dwellings and uses allowed under the current zoning, please refer to the attached documentation.
Location
Province ON
County Muskoka
Community Ridout
Area Muskoka
Rooms
Kitchen 0
Others
ParcelsYN No
Lited by RIGHT AT HOME REALTY