Detached Home for Sale

MLS# H4137413 Price: $1,225,000



Welcome to the crystal clear waters of Jeffrey Lake! This property is a fully renovated 4-season, Viceroy-style cottage or home approximately 2 hrs from the GTA. Nestled in the trees with western exposure overlooking the lake, this sun filled cottage has been fully renovated for you to enjoy this summer. The stunning 360-degree wood-burning fireplace is fully operational and is sure to impress. Jeffrey Lake is great for swimming, boating & other water sports. The OFCA snowmobile trails & motorsports trails are just down the street. Established rental property with significant revenue potential and a professional website that can be transferred to new owners if desired (waterfrontcottage.co). Last 12 months of revenue: $38K - rented part-time only. Upcoming summer bookings can be transferred to new owner if they choose to rent it out: $24K. Cottage is mostly rented M-F over the summer (with some exceptions) renting for an average of $2250 per 5-night stay and leaving weekends open to enjoy or rent for further income ($1500 for summer weekends). 7-night stays in high season go for $3750. Upgrades include central heating & A/C (2021), upgraded plumbing (2022), luxury vinyl plank floors (2021), updated interior paint (2021), 6-seater hot tub (2021), 50-gallon water heater (2021), washer/dryer (2021), brand-new spa-like bathroom with a custom oak vanity (2021).

What's your Walk Score? 0 Car-Dependent

Property Details: 105 Nelson Drive (near Jeffrey Lake Rd )
Listing# 8297


Location

Address 105 Nelson Drive
City Bancroft
Cross Streets Jeffrey Lake Rd
District Faraday
Neighbourhood Faraday

Description

Sub Type Freehold Type Detached
Price $ 1,225,000 Lease Rate Per For Sale
Style Bungalow Approx. Age 31-50 Years
Location Bancroft Construction Vinyl Siding
Heating Forced Air Square Footage 1250
Taxes 0 Year Built 1973

Features

Rooms 5 Bedrooms 3
Full Bathrooms 1 Half Bathrooms 0
Garage None

Room Details All dimensions are in square feet (sq ft).

Level Name Width Length Description
M Bathroom 3-Piece
M Bedroom 10.0 9.0
M Primary Bedroom 10.0 10.0
M Bedroom 10.0 10.0
M Living Room 20.0 17.0
M Kitchen /Dining Room 25.0 10.6

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Notice! Information contained herein has been obtained from sources deemed reliable. While we have no reason to doubt its accuracy we regret that we cannot guarantee it. All information subject to change and/or withdrawal without notice.

Testimonials

  Marion helped us purchase our dream home and we are very thankful for all her hard work and devotion to us. We relocated from Montreal to the GTA and Marion was accommodating to all our needs. Whenever we were in town, Marion made herself available and when we were out of town, she sent us updates on new and existing listings. Although we had an idea where to look, she helped us find our home in an area we didn't even consider. She listened to all our needs and presented us with all our options. Marion’s professionalism, commitment and willingness to go above and beyond is a testament to her dedication to her clients. We send our sincerest gratitude to Marion for helping us find our family home!

Stephanie and Frank Femia, Binbrook, ON

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