7.5 Acre Cottage in the $300s! Rent, Keep or Sever. Walk to Lake! Assigned

  • $368,800
  • 4 beds
  • 2 baths
  • 2121 sqft

Cheapest Price The Town Has Seen In Years!

Beautiful 30-year-young, square timber home. Enjoy the cedar wraparound deck and beautiful treed lot on a WHOPPING 7.5 ACRES.

Walking distance to Wollaston Lake Beach…a lovely area with change rooms, washrooms and a playground. Public boat launch available. Close to all amenities, ATV trails, hiking trails etc. Less than 5 minutes to school, groceries, and LCBO.

Open concept main floor…lots of space for socializing in living areas near the kitchen or by the woodstove.

How can you profit?
1) Short Term Rental/AirBnB: This is a VERY popular, high demand cottage rental area, with many lakes and listings nearby. Lots of room in the house to add more heads in beds. Convert one or more of the outbuildings to even more living space! There’s a 2 storey barn and a big garage.
2) Keep a Cottage: How often can you get a liveable house-near-the-water in the $300s?!
3) Sever the Lot? Access on 2 roads! Potential to sever land across the road (less than 1 acre).

– LOCATION: Coe Hill / Wollaston Lake, ON (30 min south of Bancroft. 1 hour northeast of Peterborough)
– PURCHASE PRICE: $368,800 Or Best Offer. Sight Unseen Offers Welcome. Ask Us For Videos!
– COMPARABLES: Range from high $500s to mid $700s, depending on acreage and proximity to water
– CLOSING: June 7, 2023 (This is an assignment sale.)
– TYPE: 2 Storey Detached
– BEDS/BATHS: 4 Bed/2 Bath
– PARKING: 2 Car Detached Garage
– BASEMENT: Part Finished with Nice Big Windows and Walkout
– SQFT: 2121
– 3 OUTBUILDINGS: 24×20 2-Storey Barn – 24×30 Garage – 12×12 Animal Shed
– LOT: 7.5 Acres (Potential to sever)
– AGE: 1990
– PROPERTY TAX: Approx $3k/year

– Deck needs repair
– Some grading needed at front of house to prevent water pooling
– Cosmetic updates as you see fit…or keep the ‘cottage feel’
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.

– Unlimited untapped potential! Great house, multiple outbuildings, large acreage, possibility for lot severance. Dream away!

Please let us know if you want to view it or if you want us to email you the info package. (Comparable sales, MPAC info, and more…)
Thank you,
Josea Paul, Myra Afidchao, Aaron Moore & Tomomi Wang
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors

Coe Hill, ON
Square Feet:
Lot Size:
7.5 Acres
Assignment of Contract
Property Type:
Year Built:
Part Finished with Nice Big Windows and Walkout
Const. Type:
2 Storey Detached

Call (647) 557-5979 for more details