$2,290,000
Hastings Highlands
188 Village Street, Hastings Highlands (Herschel Ward), Ontario, K0L1C0
This multi-family property in Hastings Highlands is for sale offering roughly 4,250 sq ft of space.
Resort Property on Baptiste Lake.6 Beautiful Furnished Apartments This property has enormous potential for increased income, or owner/occupied resort home. Currently the top 4 units are rented short-term vacation rentals. Large Lower walk-out rented to quiet, long-term tenants.Rear lower unit rented long-term to on-site Maintenance Manager.2 docks, with infrastructure in place for 2 additional docks. Many water-access cottagers on lake, potential for renting dock space for them.3- 1 Bedroom Units, all with decks with glass railings with beautiful lake views. Units have a murphy bed for additional 2 guests.1- 2 Bedroom Unit with open concept kitchen/dining/living area. Lake-front views off two upper decks, one off the Master Bedroom. Also has murphy bed for sleeping up to 6-8 with pullout couch. Beautiful grounds, flower beds, bbq area, and firepits overlooking the lake.Perfect for swimming and water activities. Paved parking, year-round paved road access.10 minute drive from Bancroft, with LCBO, Canadian Tire and several grocery stores. Sunsets across the lake are incredible. Snowmobile trail access all winter to groomed trail system. Great fishing and boating. Public boat launch adjacent to property, easy access to the lake.New owner could potentially live in the large unit and continue to rent the other units. Whole home propane generator.New large hot tub with lake views.2 car attached garage. Gas heat and air conditioning in all units. The Large Lower walk-out apartment was a well-performing restaurant in the past, can easily be converted back to a restaurant from an apartment (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 167 days on market, against an average age of 113 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 65 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 91.7 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 9-bed multi-family in Hastings Highlands (Herschel Ward) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $2,290,000, about 29.0× the local median household income of $79,000.
Carrying it typically needs a household income of about $447,317 (20% down, 25-yr amortization, stress-tested) — roughly 466% above the area median.
Source: Statistics Canada, 2021 Census (FSA K0L)
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