ExpiredOther

1024 ROAD 2900 SOUTH SUNSET BAY Road

Name: 1024 Road 2900 South Sunset Bay Road - Expired
Brand: RE/MAX NORTH COUNTRY REALTY INC., BROKERAGE, GRAVENHURST - M222
Price: 450000 CAD
Availability: OutOfStock

Gravenhurst - Muskoka (S)

1024 Road 2900 South Sunset Bay Road

Gravenhurst - Muskoka (S)

$499,000

Listed For $450,000

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Expired

2 Bedrooms Bedrooms

1 Bathrooms Bathrooms

0 Garage Garage

Description

Investment opportunity located on quiet 'Bear Bay' Lake Muskoka. With some TLC this cottage and plot of land could be your diamond in the rough! Several million dollar cottages in close vicinity. With an oversized lot, year-round access, 480' of waterfront and South-West exposure this modest cottage could easily be converted to one in the millions. Land requires new survey to determine amount of flooded land present, and potential for severance. Waterfront displays vegetation by mid summer due to no boat traffic by the owner in over 7 years. Cottage and property being sold 'as, is'.

Key facts for 1024 ROAD 2900 SOUTH SUNSET BAY Road

Tax$5,583 / 2013

Property TypeOther, Bungalow

Lot Size175 x 480

Size700-1100 ft²

Parking FeaturesOther

Listing #X11506190

Days on Market--

Listing BrokerageRE/MAX NORTH COUNTRY REALTY INC., BROKERAGE, GRAVENHURST - M222

Data SourcePROPTX

Inquire with Realtris

(866) 511-7171

info@realtris.ca

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Home Price

Amortization

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Cash Flow Analysis

Est. Mortgage Payment

$2,197/mo

Monthly Expenses & Income

Property Tax

Maint. / Fees

Est. Rental Income

$11.0% net yield

Net Monthly Cash Flow$2,338

Inquire with Realtris

(866) 511-7171

info@realtris.ca

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