1841 Fifth Lake Road, Central Frontenac - Business for Sale
1841 Fifth Lake Road, Central Frontenac, Ontario, K0H2K0
This business in Central Frontenac is for sale. It has been on the market 42 days, fresher than the Central Frontenac average of 58 days.
Description
If someone told you that a perfect retirement doesn't exist, show them this property. Discover the ultimate waterfront lifestyle and active retirement opportunity with Pineridge Cottages, a serene turn-key property featuring a rustic 1,700 sq. ft. main log home and 11 fully-equipped seasonal cottages situated along a massive, private approx 1,425 feet of pristine shoreline. Perfect for an owner-operator or multi-generational family seeking peace, privacy, and built in rental income, this tranquil sanctuary offers endless opportunities for boating, fishing, and relaxation in an idyllic setting. With established repeat clientele and numerous recent upgrades, this rare package seamlessly combines residential luxury with an accessible, high yield business opportunity. (id:66096)
Property Details
- MLS®
- X13820038
- Property Type
- Business
- Business Type
- Accommodation
- Zoning
- C
- Lot Size
- 20 acres
- Frontage
- 311 ft
- Heating
- Baseboard heaters
- Cooling
- None
- Property Tax
- $9,570.1/yr
- Listed
- 42 days ago
Features
- Lot Features
- Irregular lot size
Services
- Sewer
- Septic System
Features and services as supplied by the listing brokerage.
Market Timing
Extended: 42 days on market, against an average age of 58 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 82 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 90.4 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This business in Central Frontenac has been listed for 42 days, which is 16 days fresher than the city average of 58. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (K0H)
This home lists at $1,999,000, about 21.7× the local median household income of $92,000.
Carrying it typically needs a household income of about $390,475 (20% down, 25-yr amortization, stress-tested) — roughly 324% above the area median.
- Median household income
- $92,000
- Population
- 47,286
- Median age
- 51.2
- Owner / renter
- 91% / 10%
- Avg. household size
- 2.4
Source: Statistics Canada, 2021 Census (FSA K0H)
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$1,999,000
Central Frontenac