2216 HWY 124 Whitestone

2216 HWY 124, Whitestone, Ontario

$1,389,000

  • 11 Beds
  • 7 Baths

Attention resort property investors and those interested in Living at a beautiful location with income properties to benefit from. This exceptional property on Whitestone Lake offers an unparalleled opportunity to capitalize on a thriving rental market. The charming updated bungalow serves as the main residence, featuring a spacious primary bedroom, two offices, a generous great room, and a sprawling deck with stunning lake views. The walk-out basement includes an additional bedroom, a recreational room, and direct access to a hot tub room, perfect for year-round enjoyment. In addition to the main residence, the property includes a massive oversized two-car garage built in 2017, equipped with its own electrical system and heating and fans, ideal for vehicles, equipment, and those recreational toys. The Games Building, located closer to the shoreline and beach area, provides everyone with a space for family fun and sports viewing. the highlight for those looking to easily create extra inc, lies in the four beautifully renovated cottages on the property. 3- 2-bedroom cottages and one 1-bedroom cottage, each with private docks. These units offer privacy & comfort for guests. The consistent demand and repeat visitors through Airbnb and seasonal rentals ensure a steady stream of income. Moreover, a fifth building on the property awaits you. This versatile structure is primed for transformation into a year-round rental or instead of a rental unit it could be a commercial venture. With existing heat equipment and exterior siding work pending (virtually rendered in photos), it has previously served multiple purposes, including as a restaurant. This property is a goldmine of opportunity, generating income from seasonal renters and Airbnb guests. Whether you choose to live here, run a business, or develop your dream resort, the possibilities are endless. Seize this chance to invest in a prime lakeside location with great income streams and boundless potential! (id:23309)

  • Listing ID: X9052060
  • Property Type: Single Family

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Rooms

LevelTypeDimensions
Bedroom Basement 500 m x 4.42 m
Recreational, Games room Basement 5 m x 4.74 m
Laundry room Basement 7.3 m x 3.45 m
Living room Main level 7.1 m x 464 m
Dining room Main level 4.8 m x 4.1 m
Kitchen Main level 4.78 m x 3.3 m
Office Main level 3.78 m x 2.43 m
Bedroom Main level 4.57 m x 3.49 m
Primary Bedroom Main level 5 m x 3.96 m

Details

  • Architectural Style: Bungalow
  • Amenities Nearby: Marina, Beach
  • Community Features: Fishing
  • Equipment: Propane Tank
  • Features: Irregular lot size, Carpet Free, Guest Suite
  • Ownership: Freehold
  • Parking Spaces: 12
  • Rental Equipment: Propane Tank
  • Structure: Deck, Workshop, Dock
  • Transaction: For sale
  • View: Lake view, View of water, Direct Water View
  • Waterfront: Waterfront
  • Water Body Name: Whitestone
  • Zoning Description: c1,c2

Building

  • Appliances: Hot Tub, Water Treatment, Water Heater
  • Architectural Style: Bungalow
  • BasementType: N/A (Partially finished)
  • Basement Development: Partially finished
  • Basement Features: Walk out
  • Bedrooms Main Level: 2
  • Bedrooms Lower Level: 9
  • Construction Style Attachment: Detached
  • Construction Style Other: Seasonal
  • Cooling: Central air conditioning
  • Exterior Finish: Vinyl siding
  • Fireplace Present: True
  • Fireplace Type: Woodstove
  • Foundation: Block
  • Bathrooms (Half): 1
  • Bathrooms (Total): 7
  • Heating: Forced air
  • Heating Fuel: Propane
  • Size Interior: 1099.9909 - 1499.9875 sqft
  • Stories Total: 1
  • Type: House

Land

  • Access Type: Highway access, Private Docking
  • Amenities: Marina, Beach
  • Sewer: Septic System
  • Size Frontage: 281 ft
  • Size Irregular: 281 x 400 FT ; irreg. 1.33ac 465' lakefrontage
  • Surface Water: Lake/Pond
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 2216 HWY 124 in Whitestone Ontario. It was last modified on July 23rd, 2024. Contact Karim Ellis to schedule a viewing or to discover other Whitestone properties for sale.

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