Vacant LandActive

22382 Highway 35 Highway

22382 Highway 35 Highway, Lake of Bays, ON P0A 1E0·MLS® X12383818

$230,000

Annual taxes: $852 (2024)

Bedrooms

Bathrooms

5000 +

Sqft

Year Built

Property Overview

Property Overview

MLS®

X12383818

Status

Active

Property Type

Residential Freehold

Property Sub-Type

Vacant Land

List Price

$230,000

Taxes

$852 (2024)

Square Footage

5000 +

City

Lake of Bays

Postal Code

P0A 1E0

Property Description

The property offers strong revenue potential, with the possibility of installing multiple billboards to generate passive income. Located at the prime intersection of Hwy 117 & Hwy 35 in Dorset, this 1.45-acre commercial/residential/ep lot offers an exceptional investment opportunity. Boasting high traffic exposure and stunning western lake views, this property is perfect for a range of developments, whether for commercial ventures or residential use. With convenient access to major highways, it provides maximum visibility and ease of access, making it an ideal location for mixed-use projects, residential development, or a thriving business. This lot, previously home to an older building that has since been removed, retains grandfathered rights, allowing for the construction of a property similar in size to the previous structure. Any adjustments to the building or changes in use would require permits from the city. For detailed information on all permitted dwellings and uses allowed under the current zoning, please refer to the attached documentation.

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Estimated Monthly

$1,129

Estimate only. Excludes property tax, insurance, condo fees, and CMHC premium. Speak to a mortgage professional for an exact figure.

Listing Brokerage

RIGHT AT HOME REALTY

Data via TRREB / AMPRE IDX

The information provided herein is believed to be accurate but is not warranted and is intended only for consumers who have a bona fide interest in the purchase, sale, or lease of real estate.

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