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

For Sale 219 days on Market MLS® X12383818
Asking Price
$230,000
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Overview
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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.
Area
5,000 sqft
Type
Vacant Land

Property Details

Year BuiltNot Disclosed
CityLake of Bays
Postal CodeP0A1E0

Utilities & Services

Heat SourceWell
SewerSeptic Tank

Financial Information

List Price$230,000
Annual Taxes$852 (2024)
Days on Market219
MLS® X12383818 • Listed by RIGHT AT HOME REALTY
22382 Highway 35 Highway, Lake of Bays, ON P0A 1E0
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$230,000.00
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Effective Amortization30 Years
Property Location
22382 Highway 35 Highway, Lake of Bays, ON P0A 1E0
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