723 Bolin Road, Otonabee-South Monaghan, ON K0L 2G0

For Sale 10 days on Market MLS® X13103472

Asking Price

$1,199,900

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723 Bolin Road, Otonabee-South Monaghan, ON K0L 2G0

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Overview

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Opportunity Here! Own this turn key business situated along the shores of picturesque Rice Lake! Nature lovers have come from near & far to this established resort for over 25 years to experience some of Ontario's greatest fishing, boating & wildlife. Amazing location nestled on a dead end road with 135 ft of waterfront on the Trent Severn offering elevated south east exposure, & panoramic lake views. 2+1 bedroom main residence with walk-out & area for retail. 7 fully furnished recently renovated rental cottages! Newer shingles on all buildings. Full concrete foundations under 3 of the cottages. Friends & family will love the water canoes, kayaks & playground. Boat house & tons of dock space with boats included. General commercial zoning allows for a variety of uses, keep as a resort business or redevelopment potential! Updated cottages including new roofs, new windows, full updates interiors of all the cottages, updated water UV system, new docks & more!

Bedrooms

Bathrooms

7.0

Area

1,300 sqft

Lot Size

0.6 acres

Type

Detached

Property Details

Year BuiltNot Disclosed

CityOtonabee-South Monaghan

Postal CodeK0L2G0

Lot Dimensions135.00 × 202.40 ft

Parking10 spaces

Interior Features

Heat: Other

Heat Source: Propane

Cooling: Other

Style: Other

Exterior & Land

Sewer: Holding Tank

Construction: Vinyl Siding

Roof: Shingles

Utilities & Services

Heat SourcePropane

SewerHolding Tank

Financial Information

List Price$1,199,900

Days on Market10

MLS® X13103472 • Listed by TANYA TIERNEY TEAM REALTY INC.

723 Bolin Road, Otonabee-South Monaghan, ON K0L 2G0

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Purchase Calculator

Home Price

$1,199,900.00

Location

Down Payment

$251,979.00

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

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💸 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

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

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$0.00

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

723 Bolin Road, Otonabee-South Monaghan, ON K0L 2G0

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