242 Summit Drive, Scugog, ON L0B 1E0

For Sale 81 days on Market MLS® E12722000

Asking Price

$1,900,000

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Overview

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Great Land banking chance!! Once-In-A-Lifetime Opportunity To Build A Private Luxury Estate On 48 Acres Of Prime Waterfront Land On Lake Scugog. Boasting Approx. 615 M Of Pristine Shoreline, This Rare Property Offers Exceptional Privacy With Rolling Meadows, Forested Areas, A Tranquil Pond, And Winding Trails. Elevated And Dry Terrain Provides Multiple Building Sites With Breathtaking Lake Views Perfect For A Custom Dream Home Or Cottage Compound. Enjoy All-Season Recreation: Boating, Fishing, Snowmobiling, Hiking & More. Steps From A Newly Renovated Luxury Cottage And Just Minutes To Port Perry, Casino, Shops & Marina. Hydro At Lot Line. Ideal For End-Users, Investors, Or Builders Seeking A Signature Waterfront Property Less Than 1 Hour From The GTA.

Area

350 sqft

Lot Size

56.6 acres

Type

Vacant Land

Property Details

Year BuiltNot Disclosed

CityScugog

Postal CodeL0B1E0

Lot Dimensions2146.73 × 1147.73 ft

Exterior & Land

Sewer: None

Utilities & Services

Heat SourceWell

SewerNone

Financial Information

List Price$1,900,000

Annual Taxes$1,405 (2025)

Days on Market81

MLS® E12722000 • Listed by RE/MAX ELITE REAL ESTATE

242 Summit Drive, Scugog, ON L0B 1E0

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Purchase Calculator

Home Price

$1,900,000.00

Location

Down Payment

$399,000.00

Payment Frequency

⚙️ Rate

Your mortgage interest rate can either be Fixed for the term or Variable.

Rate

4.70%

Rate Term

🧾 Amortization

30 years

Scenario Options

First-time Buyer

Newly Built

Insured Prefer

💸 Rental Income

🏠 Home Expenses

Monthly Rent

$900.00

Occupancy (%)

100%

Monthly Expenses

$400.00

Includes

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🛠️ Maintenance
⚡ Utilities etc.

Total Monthly Cost ⚙️

/month

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Home expenses

Other expenses

Rental income

Monthly Mortgage$0.00
Home Expenses$0.00
Other Expenses$0.00
Rental Income$0.00

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Closing Costs

$0.00

Mortgage Payment$0.00

Net Mortgage$0.00

Interest paid over term$0.00

Balance end of Term$0.00

Effective Amortization30 Years

Property Location

242 Summit Drive, Scugog, ON L0B 1E0

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With over 10 years navigating Ontario's farm and acreage market, Aman brings real data, deep county knowledge, and no-nonsense negotiation to every deal. From 5-acre hobby farms to 500-acre agricultural estates — he's done it all across Dufferin, Simcoe, Grey, Caledon, and beyond.

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