Just an hour north of Toronto; Discover a rare investment opportunity on beautiful Orr Lake with five fully winterized, waterfront cottages on over 200 feet of shoreline offering year-round income potential. These charming one- and two-bedroom units were rejuvenated in 2023 & are equipped with both heating and air conditioning, making them perfect for all-season rentals. Brand new Waterloo Septic System services the cottages ($82K). UV water system. Each cottage is thoughtfully designed for comfort and functionality, with direct access to a large 200+ foot sandy, shallow beach ideal for guests of all ages. Adding to the value is a freestanding coffee shop located on the property, currently leased out to incredible tenants, providing additional passive income. With consistent rental demand, scenic lake views, and solid returns, this is a turnkey waterfront portfolio not to be missed. Machinery included: John Deere zero turn mower & Kioti tractor. Located across the street from Orr Lake Golf Club, LCBO and a short drive to Slopes & Spas (Mt St Louis, Horseshoe, Vetta & Snow Valley). (id:60365)
BusinessType | Accommodation |
BusinessSubType | Cottage/Cabin Rental |
Name | Little Vidi Cottages |
MLS® Number | S12234737 |
Property Type | Business |
Community Name | Rural Springwater |
ParkingSpaceTotal | 14 |
BathroomTotal | 5 |
Age | 0 To 5 Years |
Appliances | Dryer, Stove, Washer, Refrigerator |
CoolingType | Fully Air Conditioned |
HeatingType | Other |
SizeInterior | 1 Ac |
UtilityWater | Drilled Well |
Acreage | Yes |
Sewer | Septic System |
SizeDepth | 209 Ft |
SizeFrontage | 200 Ft |
SizeIrregular | 1.06 |
SizeTotal | 1.06 Ac |
SizeTotalText | 1.06 Ac |
ZoningDescription | Commercial; Tourist Establishment |
https://www.realtor.ca/real-estate/28498716/5608-penetanguishene-road-springwater-rural-springwater
Jennifer Squires
Salesperson