2216 HWY 124 Active Save Request In-Person Tour Request Virtual Tour
Whitestone,ON P0A1G0
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 1,099 sqft
Price per Sqft $1,263
MLS Listing ID X9052060
Style Bungalow
Bedrooms 11
Half Baths 1
Originating Board Toronto Regional Real Estate Board
Property Description
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! **** EXTRAS **** 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 (id:24570)
Location
Province ON
Lake Name Whitestone
Rooms
Extra Room 1 Basement 500 m X 4.42 m Bedroom
Extra Room 2 Basement 5 m X 4.74 m Recreational, Games room
Extra Room 3 Basement 7.3 m X 3.45 m Laundry room
Extra Room 4 Main level 7.1 m X 464 m Living room
Extra Room 5 Main level 4.8 m X 4.1 m Dining room
Extra Room 6 Main level 4.78 m X 3.3 m Kitchen
Interior
Heating Forced air
Cooling Central air conditioning
Fireplaces Type Woodstove
Exterior
Garage Yes
Community Features Fishing
Waterfront Yes
View Y/N Yes
View Lake view,View of water,Direct Water View
Total Parking Spaces 12
Private Pool No
Building
Story 1
Sewer Septic System
Water Whitestone
Architectural Style Bungalow
Others
Ownership Freehold