Main Street, Lake of Bays (Ridout), Ontario, P0A1E0
This retail property in Lake of Bays is for sale offering roughly 9,000 sq ft of space. It has been on the market 47 days, fresher than the Lake of Bays average of 82 days.
No similar listings for sale right now.
$4,995,000
Lake of Bays
A once in a lifetime opportunity to put your stamp on cottage country in the picturesque Village of Dorset with your very own waterfront business and residence on Lake of Bays. This fabulous 4,500 sq. ft., 3 bedroom 4 bathroom living space looking down Lake of Bays is coupled with extensive commercial and storage space. Adding additional value is a second property and commercial building on the waterfront, currently operating as a lucrative ice cream and frozen yogurt parlour. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 47 days on market, against an average age of 82 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 62 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 93.0 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This retail in Lake of Bays (Ridout) has been listed for 47 days, which is 35 days fresher than the city average of 82. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $4,995,000, about 73.5× the local median household income of $68,000.
Carrying it typically needs a household income of about $975,698 (20% down, 25-yr amortization, stress-tested) — roughly 1335% above the area median.
Source: Statistics Canada, 2021 Census (FSA P0A)
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