Lake of Bays - Ridout
Lake of Bays - Ridout
Sold For$595,000
Listed For $639,000
Sold Jun 2023
Here is a unique opportunity - Collect your monthly rent for leasing a small part of the property AND enjoy a 3-bedroom, 2-bath home. Situated on over 3 acres of mixed forest on a quiet year-round paved municipal road. Minutes to public beaches, boat launches, and the quaint villages of Baysville and Dorset. ATV and snowmobile trails are close. The seller leases a small end portion of the property to Rogers Communications for a “tree” cell tower. The seller has been very happy with the site agreement, and the annual monthly income. The lease is very easy to transfer to a new owner. Many years remain on the agreement. The tree tower is NOT visible from the house or the travelled road, as it is not very tall, so it blends right in with all that forest. The lower level of the raised bungalow
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* Values are estimates only and not a guarantee of lending or affordability.