$395,000
$495,000
20.2%For more information regarding the value of a property, please contact us for a free consultation.
31/25 WILSON LAKE RD Parry Sound Remote Area, ON P0H 1Y0
3 Beds
6 Baths
Key Details
Sold Price $395,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 3500-5000
Subdivision Port Loring
MLS Listing ID X12205237
Style 2-Storey
Bedrooms 3
Annual Tax Amount $2,061
Tax Year 2024
Property Sub-Type Detached
Appx SqFt 3500-5000
Property Description
Opportunity for significant price reduction to $395,000 *if upper unit tenant remains per existing agreement (Ask For Details). Endless Possibilities Await - An exceptional opportunity for entrepreneurs and investors alike. This versatile property offers the chance to own a well-established landmark in Port Loring - Jake's Place Restaurant - while also benefiting from two residential units. Whether you're looking to continue the legacy of this beloved local eatery or envision a new venture entirely, the choice is yours. The building features a charming 2-bedroom apartment and deck on the second floor overlooking Wilson Lake and a 1-bedroom unit and deck on the main floor also overlooking the lake, making it ideal for live-in owners or generating additional rental income. Ideally situated in a welcoming community, the property is close to numerous lakes and a wide range of outdoor activities - perfect for nature lovers, seasonal tourists, and year-round adventurers alike. Don't miss your chance to bring your vision to life in this unique setting. One of the Sellers is the licensed listing Realtor. Don't miss this rare chance to own a true gem in cottage country. A perfect blend of lifestyle and investment. Contact today to schedule a viewing!
Location
Province ON
County Parry Sound
Community Port Loring
Area Parry Sound
Zoning UNORGANIZED
Rooms
Family Room No
Kitchen 3
Interior
Cooling Central Air
Exterior
Exterior Feature Deck, Year Round Living
Pool None
View Lake, Downtown, Trees/Woods
Roof Type Membrane,Asphalt Shingle
Building
Building Age 51-99
Lot Description Irregular Lot
Foundation Block
New Construction false
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