This bungalow fixer-upper isn’t simply about “the bones”; it happens to back onto the sun-kissed shores of Lake Scugog with a 50 ft x 145 ft lot footprint. This is the perfect property for an investor to tear-down and rebuild, an end-buyer’s cottage retreat, or have a profitable vacation rental or Airbnb. Across from Wolf Run Golf Club, LCBO, and only 15 minutes to downtown Lindsay, this property is surrounded by renovated homes and comes at an impressive price! Lots of comps available to indicate this area of Kawartha is active during a time where demand for cottage land is now at an extreme high!!
We are selling our assignable purchase contract.
Closing is October 5th, 2020
Please click HERE for more information and pictures.
Additional Features
PROPERTY FEATURES
This property backs directly onto Lake Scugog! (many homes on this drive DO NOT)
This house is closer to the water than a new-build would be allowed now, however, we believe that because of the existing footprint a new-build would be allowed where this is house located now
2 bedrooms
1 bathroom
Built in 1930
Above grade: 746 sq ft
No basement (crawl space access at back of house)
Back deck overlooking lake
Owner used to have an old dock, but tore it down when it needed replacement
100 AMP breaker panel
Hydro and natural gas running to house
Natural gas wall unit heater
No central air
Hot water tank is not included
Holding tank
Shared well
2 sheds on lot
4-5 car, private driveway
Lot size: 50 ft x 145 ft (7250 sq ft)
Zoning: SR as per MPAC or RR3 as per the city GIS mapping (please see HERE)
PROPERTY NEEDS
Option 1: Tear down and build an all-new luxury cottage like 39 McGill Dr (see pictures HERE)
Option 2: Full renovation of current structure
Entire roof needs to be rebuilt/replaced
Full cosmetic and structural renovation
