22382 Highway 35 Highway, Lake Of Bays, ON P0A 1E0

$230,000

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List Price
$230,000
MLS#
X12383818
Status
ACTIVE
Type
Land
SubType
Vacant Land
Living Area
5000 +
Province
ON
Municipality
Lake Of Bays
Area
Muskoka
Neighborhood
Ridout
Subdivision
Highway 35 And Highway 117

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.

Additional Information

Taxes
$852
Waterfront Type
None

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Listing courtesy of RIGHT AT HOME REALTY.