Price: $69900
Location: Bailieboro, Ontario
Ad Number: 812
Residence Type: Cottage
Email: bbg@airnet.ca
Contact Info:
Call Tony for viewing and/or more
information or questions? 705-939-
6995.
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Description:
Waterfront 2 bedroom cottage over looking the
Otonabee River at Rice Lake, 680' of waterfront, 2.5
acres with beach, dock and weed free waterfront with
excellent fishing. The Recession's Best Answer to OWN
Affordable Waterfront. This is a Co-ownership
Agreement Property (similar to condo), there are 10
co-owners for the property, equally shared but the
cottage is solely yours and completely
resalable.There are 9 cottages(5 two bedrooms, 4
three bedrooms) and the main house all of them
waterfront. There is a maintenance fee (that is
cheaper than taxes alone on a freehold cottage) of
$250.00/month, this covers taxes, hydro, insurance,
and maintenance (grass cutting, operating the water
system, and common areas up keep. The cottage up keep
is the individual owner's responsibility.). These
cottages are priced to sell and really economical to
own and operate! 40% sold! Unlike fractional
ownership or time-share where you get only so many
weeks/year for a cottage: here each cottage is held
individually and exclusively. The property is very
private, quiet and peaceful and all the cottages are
waterfront, yet 10 minutes to Peterborough and an
hour to Toronto. This is easy on the family budget
and perfect for snow birds as a summer home. You too
can be on the water this summer! A 3 bedroom cottage
is priced at only $99,900. |
House Size:
500 sq/ft |
Lot Size:
2.5 acres |
Living Room:
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Kitchen:
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House Age:
50 years |
Bathrooms: 1
Bedrooms: 2 |
Master Bedroom:
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2nd Bedroom:
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