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#230 -W/a Mckenzie Lake Isl J Mckellar, Ontario P0G 1C0

2 Bedroom 1 Bathroom
Fireplace Waterfront Acreage

$495,000

fsbo for sale by owner

CONTACT KRIS @ 519-339-9464 BY TEXT OR CALL.
EMAIL: KRISPHILLIPS007@GMAIL.COM
SEE KIJIJI AD PRIVATE ISLAND-15 ACRES OF BEAUTIFUL ROCKY SHORES 

This 15-acre private island is classic Muskoka- rocky shores, deep water, windswept forest. Situated in McKenzie Lake by Mckellar, just 21km from Parry Sound, this island property can be enjoyed all year long with parking, by special permission, at the township office lot across the street from April to October then by snowmobile once the ice is safe. The main OFSC snowmobile trail runs right past the island. The cozy 500 sf original cabin is perched on a grassy hill just steps from the dock where some great fishing can be enjoyed. The lake is full of Northern Pike and all species of bass and the occasional muskellunge, walleye and perch can be caught when you know where to go. We are open to selling quarter shares for $125,000 to help share costs of building a new all seasons lodge plus new docks and sanitary systems. Our family loves camping but now wants a more comfortable cottage experience. If you want it all as a private family compound then go ahead and make us an offer. We will consider all options. This island property is situated in the Grow Zone where cottages and camps are becoming ever more popular. Being so close to the huge GTA population, this development could become an income generator as well; AirBnb and other sites are screaming for cottage locations all the time now. Structured properly, a fractional ownership arrangement with agreed upon personal usage & rental weeks could work out nicely with the right partners.
The rustic, old cabin can be saved and rebuilt plus a larger lodge can be built just down the shore. The property MPAC assessment for 2017 was $519,000 and the property taxes in 2018 were just over $2400. Tremendous potential, great fishing, fun, safe lake and friendly neighbours (though not at all too close…) make this an excellent investment. They aren’t making any more islands!

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Property Details

MLS® Number X4364972
Features Recreational
Parking Space Total 1
Property Type Single Family
Water Front Type Waterfront

Building

Bathroom Total 1
Bedrooms Above Ground 2
Bedrooms Total 2
Construction Style Attachment Detached
Exterior Finish Aluminum Siding
Fireplace Present Yes
Type House

Land

Acreage Yes
Size Irregular 15 Acre
Size Total Text 15 Acre|10 - 24.99 Acres

https://therealtycommission.com/listing/ISLAND-J-230-MCKENZIE