Description

A rare find! 23-acre hobby farm in the heart of Shanty Bay just steps to Lake Simcoe. Located on a quiet dead-end street. A unique property with endless possibilities. Mixed-use zoning commercial & residential. Newly renovated sprawling ranch bungalow with 3+3 bedrooms and 2.5 bathrooms. Separate entrance to a 3 bedroom inlaw suite great income potential. Geothermal hydronic in-floor radiant heat in basement & forced air geothermal on the main floor. Detached 40X 60 heated shop (currently tenanted with excellent long-term tenants willing to stay). Rental income from Rogers cellular tower on the property is $1,411/month 8 years remaining on a contract with an additional 10-year renewal. Rent increases by 10% every 5 years. The property is next to 2 highly sought-after residential subdivisions in Shanty Bay. The seller would consider VTB (id:11644)

Listing Contracted With: No Record