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$1,699,000
Available - For Sale
Listing ID: X9515326
Waterfront Resort 6.7 Acres with 1350 Feet of Waterfront on Bob's Lake. Formerly known as Nordlaw Lodge, consisting of a 6000 sqft main lodge w/ licensed dining room, bar and patio, a marina, and 9 outbuildings for guests. Application and reports on file with the Township to build 18 winterized cottages on the subject property. Many possibilities exist for this property: Restart the Lodge/ Resort, follow through on the current proposal, sever lots and build private cottages, and many other possibilities. Bob's Lake is considered one of the premier lakes in the area with excellent fishing and boating. Easy access from the main road, 10 minutes to Westport, 20 minutes to Perth, 30 minutes to Kingston, 1 hour 30 minutes to Ottawa, 3 hours to Toronto, and steps away from the United States Border. The current state of all the buildings is not livable. Property is being sold under mortgage power of sale on an "as is where is" basis.
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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 $12,500 $25,000 $37,500 $50,000
First Mortgage $237,500 $225,000 $212,500 $200,000
CMHC/GE $6,531.25 $4,500 $3,718.75 $0
Total Financing $244,031.25 $229,500 $216,218.75 $200,000
Monthly P&I $1,045.17 $982.93 $926.05 $856.58
Expenses $0 $0 $0 $0
Total Payment $1,045.17 $982.93 $926.05 $856.58
Income Required $39,193.76 $36,859.9 $34,726.81 $32,121.92

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RIGHT AT HOME REALTY

489 CROZIER Rd , Tay Valley, K0G 1X0, Ontario


 
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Type: Com - Land
Area: Lanark
Municipality: Tay Valley
Neighbourhood: 905 - Bathurst/Burgess & Sherbrooke (South S
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Lot Size: 900.00 x 300.00(Feet)
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Tax: $20,361
Maintenance Fee: $0
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