Price: $249000
Location: Bailieboro, Ontario
Ad Number: 815
Residence Type: Commercial
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 5 bedroom house 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
house 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 $350.00/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 2 bedroom cottage is priced at only $99,900 and the
3 bedroom is $99,900. |
House Size:
2400 sq/ft |
Lot Size:
2.5 acres |
Living Room:
16 ft x 21 ft |
Kitchen:
12 ft x 20 ft |
House Age:
100 years |
Bathrooms: 1
Bedrooms: 5 |
Master Bedroom:
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2nd Bedroom:
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