2216 Hwy 124, Whitestone Lake
Property Overview - House For sale
| Price | $ 1 389 000 | On the Market | 0 days |
|---|---|---|---|
| MLS® # | X9052060 | Type | House |
| Bedrooms | 11 Bed | Bathrooms | 7 Bath |
| Waterfront | Whitestone Lake | Postal Code | P0A1G0 |
| Street | Hwy 124 | Town/Area | Whitestone |
| Property Size | 281 x 400 FT ; irreg. 1.33ac 465' lakefrontage|1/2 - 1.99 acres | Building Size | 0 ft2 |
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:20829)| Waterfront Type | Waterfront |
|---|---|
| Waterfront | Whitestone Lake |
| Size Total | 281 x 400 FT ; irreg. 1.33ac 465' lakefrontage|1/2 - 1.99 acres |
| Size Frontage | 281 |
| Size Depth | 400 ft |
| Lot size | 281 x 400 FT ; irreg. 1.33ac 465' lakefrontage |
| Ownership Type | Freehold |
| Sewer | Septic System |
| Zoning Description | c1,c2 Whitestone - Zoning By-Laws |
Building Details
| Type | House |
|---|---|
| Stories | 1 |
| Property Type | Single Family |
| Bathrooms Total | 7 |
| Bedrooms Above Ground | 2 |
| Bedrooms Below Ground | 9 |
| Bedrooms Total | 11 |
| Architectural Style | Bungalow |
| Cooling Type | Central air conditioning |
| Exterior Finish | Vinyl siding |
| Fireplace Type | Woodstove |
| Foundation Type | Block |
| Half Bath Total | 1 |
| Heating Fuel | Propane |
| Heating Type | Forced air |
| Size Interior | 0 ft2 |
Rooms
| Basement | Bedroom | 500 m x 4.42 m |
|---|---|---|
| Recreational, Games room | 5 m x 4.74 m | |
| Laundry room | 7.3 m x 3.45 m | |
| Main level | Living room | 7.1 m x 464 m |
| Dining room | 4.8 m x 4.1 m | |
| Kitchen | 4.78 m x 3.3 m | |
| Office | 3.78 m x 2.43 m | |
| Bedroom | 4.57 m x 3.49 m | |
| Primary Bedroom | 5 m x 3.96 m |
Video of 2216 Hwy 124, Whitestone Lake
This listing of a Single Family property For sale is courtesy of ADRIAEN VAN DER WAL from FOREST HILL REAL ESTATE INC.
Information on Whitestone Lake
| Whitestone Lake Size | 698 Ha | 1725 acres |
|---|---|---|
| Whitestone Lake Perimeter | 65.20 km | 434 miles |
| Island Shoreline | 8.40 km | 5 miles |
| Whitestone Lake Depth | 19 m | 2290 ft |
| Whitestone Lake Mean Depth | 5.30 m | 17 ft |
| Altitude of Whitestone Lake | 249 m | 817 ft |
| District | Whitestone Lake is in the District of Parry Sound | |
| Municipality | Whitestone Lake is in the Municipality of Whitestone | |
| Township | Whitestone Lake is in the Township of Hagerman | |
| Drainage Basin | Magnetawan River (via Whitestone River) | |
| Watershed Area | 107.0 km | 66 miles |
| Water Clarity | Whitestone Lake has a water clarity of 2.40 m | 8 ft |
Census Data of Whitestone Municipality
2016 Population of Whitestone: 9162011 Population of Whitestone : 918
Population Growth of Whitestone : -0 %
Total private dwellings in Whitestone : 1,410
Dwellings by residents in Whitestone : 444
Density of Whitestone : 444 per sq km
Land Area of Whitestone: 444 sq km
Whitestone is in the District of Parry Sound
Census Data for The District of Parry Sound
Population: 42,824 (2016) 1.6% increase over 2011 population of 42,162The total number of dwellings is 35,226 of which 18,679 are full time residents
The land area of Parry Sound is 9,326 sq km's (3,601 sq miles) and has a density of 5 per sqare km
Data is from the 2016 Government Census