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$495,000
Available - For Sale
Listing ID: X12205237
Opportunity for significant price reduction to $395,000 *if upper unit tenant remains per existing agreement (Ask For Details). Endless Possibilities Await - An exceptional opportunity for entrepreneurs and investors alike. This versatile property offers the chance to own a well-established landmark in Port Loring - Jake's Place Restaurant - while also benefiting from two residential units. Whether you're looking to continue the legacy of this beloved local eatery or envision a new venture entirely, the choice is yours. The building features a charming 2-bedroom apartment and deck on the second floor overlooking Wilson Lake and a 1-bedroom unit and deck on the main floor also overlooking the lake, making it ideal for live-in owners or generating additional rental income. Ideally situated in a welcoming community, the property is close to numerous lakes and a wide range of outdoor activities - perfect for nature lovers, seasonal tourists, and year-round adventurers alike. Don't miss your chance to bring your vision to life in this unique setting. One of the Sellers is the licensed listing Realtor. Don't miss this rare chance to own a true gem in cottage country. A perfect blend of lifestyle and investment. Contact today to schedule a viewing!
Price $495,000
Taxes: $2,061.89
Assessment Year: 2025
Occupancy by: Owner+T
Address: 31/25 WILSON LAKE Road , Parry Sound Remote Area, P0H 1Y0, Parry Sound
Directions/Cross Streets: Hwy 522 & Wilson Lake Road
Rooms: 14
Bedrooms: 3
Bedrooms +: 0
Washrooms: 6
Family Room: F
Basement: Unfinished
Walk-Out
No. of Pieces Level
Washroom 1 3 Main
Washroom 2 4 Second
Washroom 3 2 Main
Washroom 4 0
Washroom 5 0
Washroom 6 3 Main
Washroom 7 4 Second
Washroom 8 2 Main
Washroom 9 0
Washroom 10 0
Washroom 11 3 Main
Washroom 12 4 Second
Washroom 13 2 Main
Washroom 14 0
Washroom 15 0
Washroom 16 3 Main
Washroom 17 4 Second
Washroom 18 2 Main
Washroom 19 0
Washroom 20 0
Washroom 21 3 Main
Washroom 22 4 Second
Washroom 23 2 Main
Washroom 24 0
Washroom 25 0
Washroom 26 3 Main
Washroom 27 4 Second
Washroom 28 2 Main
Washroom 29 0
Washroom 30 0
Washroom 31 3 Main
Washroom 32 4 Second
Washroom 33 2 Main
Washroom 34 0
Washroom 35 0
Washroom 36 3 Main
Washroom 37 4 Second
Washroom 38 2 Main
Washroom 39 0
Washroom 40 0
Washroom 41 3 Main
Washroom 42 4 Second
Washroom 43 2 Main
Washroom 44 0
Washroom 45 0
Washroom 46 3 Main
Washroom 47 4 Second
Washroom 48 2 Main
Washroom 49 0
Washroom 50 0
Washroom 51 3 Main
Washroom 52 4 Second
Washroom 53 2 Main
Washroom 54 0
Washroom 55 0
Washroom 56 3 Main
Washroom 57 4 Second
Washroom 58 2 Main
Washroom 59 0
Washroom 60 0
Washroom 61 3 Main
Washroom 62 4 Second
Washroom 63 2 Main
Washroom 64 0
Washroom 65 0
Washroom 66 3 Main
Washroom 67 4 Second
Washroom 68 2 Main
Washroom 69 0
Washroom 70 0
Property Type: Detached
Style: 2-Storey
Exterior: Vinyl Siding
Garage Type: None
Drive Parking Spaces: 24
Pool: None
Approximatly Age: 51-99
Approximatly Square Footage: 3500-5000
Property Features: School
Rec./Commun.Centre
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: Y
Laundry Level: Syste
Ensuite Laundry: F
Elevator Lift: False
Sewers: Septic
Water: Comm Well
Water Supply Types: Comm Well, C
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Down payment: $  
Interest Rate: %  
Amortization :  Years
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX Parry Sound Muskoka Realty Ltd

31/25 WILSON LAKE Road , Parry Sound Remote Area, P0H 1Y0, Parry Sound


 
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At a Glance:
Type: Freehold - Detached
Area: Parry Sound
Municipality: Parry Sound Remote Area
Neighbourhood: Port Loring
Style: 2-Storey
Lot Size: x 261.00(Feet)
Approximate Age: 51-99
Tax: $2,061.89
Maintenance Fee: $0
Beds: 3
Baths: 6
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
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Down Payment: %
Rate: %
Amortization:  Years
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