370 Fraser Lake, Carlow/Mayo (Carlow Ward) - Business for Sale
370 Fraser Lake, Carlow/Mayo (Carlow Ward), Ontario, K0L1C0
This business in Carlow/Mayo is for sale. It has been on the market 89 days, fresher than the Carlow/Mayo average of 127 days.
Description
TWO PARCELS 5 Acre Island and Waterfront Road Access Lot on Fraser Lake Road ***Private Island Retreat on Fraser Lake - A Rare Piece of History. Escape to your own private world on this exceptional five-acre island on Fraser Lake, just minutes from Bancroft, Ontario. This is a rare opportunity to own an island with incredible history and complete seclusion, featuring three separate cabins and a mainland lot for parking and docking. Originally owned and built by the Welsh family-giving the island its original name, "Welsh Island"-this property has had only two owners since being purchased from the Crown in the early 1950s . The current seller, the third owner, is passing on a truly special legacy.A Legacy of Rare Heritage & Modern Upgrades: Imagine having your own island with over 2,200 feet of shoreline. The property's boundary is clearly defined, starting 50 feet from the high water mark around the entire island. A brand-new hydro sub-cable was installed in 2023 , ensuring modern convenience in this otherwise untouched natural setting. The Property Features Three Distinct Cabins: Cabin 1: A charming 1-bedroom, 1-bathroom cabin. Cabin 2: A larger 2-bedroom cabin. Cabin 3: An additional 2-bedroom, 1-bathroom cabin.The Island Life: This is more than just a property; it's a lifestyle. Enjoy unparalleled privacy and stunning views on the renowned Fraser Lake, known for its excellent fishing . The island is located in a region prized for its natural beauty and tranquility . The mainland lot provides hassle-free parking and docking . (id:66096)
Property Details
- MLS®
- X13655176
- Property Type
- Business
- Zoning
- RU
- Bedrooms
- 5
- Bathrooms
- 3
- Parking
- 7
- Lot Size
- 5.01 acres
- Frontage
- 105 ft
- Heating
- Baseboard heaters
- Cooling
- Fully air conditioned
- Waterfront
- Yes
- Property Tax
- $6,014.32/yr
- Listed
- 89 days ago
Features
- Lot Features
- Irregular lot size
Services
- Sewer
- Septic System
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 89 days on market, against an average age of 127 days across the listings currently for sale in this city
Homes here sell below asking price
Homes in this market sold for an average of 89.2 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 5-bed business in Carlow/Mayo (Carlow Ward) has been listed for 89 days, which is 38 days fresher than the city average of 127. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (K0L)
This home lists at $1,490,000, about 18.9× the local median household income of $79,000.
Carrying it typically needs a household income of about $291,049 (20% down, 25-yr amortization, stress-tested) — roughly 268% above the area median.
- Median household income
- $79,000
- Population
- 78,142
- Median age
- 54
- Owner / renter
- 88% / 12%
- Avg. household size
- 2.3
Source: Statistics Canada, 2021 Census (FSA K0L)
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$1,490,000
Carlow/Mayo