2216 Hwy 124

$1,389,000
$1,389,000

2216 Hwy 124

Whitestone, Parry Sound $1,389,000 Make an offer
2+9 Beds
7 Baths
1100-1500 sqft
Detached Garage
with 2 Spaces
Parking for 10
W Facing
Zoning: c1,c2
MLS®#:
X9052060
Property Type:
Detached
Property Style:
Bungalow
Area:
Parry Sound
Community:
Taxes:
$5,243.21 / 2023
Added:
July 23 2024
Lot Frontage:
281.00
Lot Depth:
400.00
Status:
Active
Outside:
Vinyl Siding
Year Built:
Basement:
Part Fin W/O
Brokerage:
FOREST HILL REAL ESTATE INC.
Lot (Feet):

400

281

BIG LOT

Lot Irregularities:
irreg. 1.33ac 465' lakefrontage
Intersection:
Hwy 124 x Bridge (Dunchurch)
Rooms:
6
Bedrooms:
2+9
Bathrooms:
7
Fireplace:
Y
Utilities
Water:
Other
Cooling:
Central Air
Heating Type:
Forced Air
Heating Fuel:
Propane
Living 7.1 x 464m
W/O To Deck, Overlook Water
Dining 4.8 x 4.1m
W/O To Deck, Overlook Water
Kitchen 4.78 x 3.3m
Stainless Steel Appl, Backsplash, Pantry
Office 3.78 x 2.43m
W/O To Yard
Br 4.57 x 3.49m
W/O To Sundeck
Prim Bdrm 5 x 3.96m
5 Pc Ensuite, Soaker
Br 500 x 4.42m
W/O To Terrace, Hot Tub
Rec 5 x 4.74m
Laundry 7.3 x 3.45m
W/O To Garden

Attention resort property investors and those interested in Living at a beautiful location with income properties to benefit from. This exceptional property on Whitestone Lake offers an unparalleled opportunity to capitalize on a thriving rental market. The charming updated bungalow serves as the main residence, featuring a spacious primary bedroom, two offices, a generous great room, and a sprawling deck with stunning lake views. The walk-out basement includes an additional bedroom, a recreational room, and direct access to a hot tub room, perfect for year-round enjoyment. In addition to the main residence, the property includes a massive oversized two-car garage built in 2017, equipped with its own electrical system and heating and fans, ideal for vehicles, equipment, and those recreational toys. The Games Building, located closer to the shoreline and beach area, provides everyone with a space for family fun and sports viewing. the highlight for those looking to easily create extra inc, lies in the four beautifully renovated cottages on the property. 3- 2-bedroom cottages and one 1-bedroom cottage, each with private docks. These units offer privacy & comfort for guests. The consistent demand and repeat visitors through Airbnb and seasonal rentals ensure a steady stream of income. Moreover, a fifth building on the property awaits you. This versatile structure is primed for transformation into a year-round rental or instead of a rental unit it could be a commercial venture. With existing heat equipment and exterior siding work pending (virtually rendered in photos), it has previously served multiple purposes, including as a restaurant. This property is a goldmine of opportunity, generating income from seasonal renters and Airbnb guests. Whether you choose to live here, run a business, or develop your dream resort, the possibilities are endless. Seize this chance to invest in a prime lakeside location with great income streams and boundless potential!

Property consists of: 1 x YEAR ROUND HOME approx 1400 sq ft with w/o basement, 4 x COTTAGES WITH private individual DOCKS, 1 x TWO BDR HOME , OVERSIZED DOUBLE Heated GARAGE , RECREATIONAL GAMES BUILDING.b STORAGE, PLAYGROUND, Beach area


Beach
Lake Access
Lake/Pond
Library
Marina
Waterfront

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Nick Dorsey
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