See all 40 photos

$1,389,000

Est. payment - /mo

Save Virtual Tour

11 BD

7 BA

1,099 SqFt

Active

2216 HWY 124 Whitestone, ON P0A1G0

Save Virtual Tour

In-PersonVirtual Tour

Noor Shihab

info@noorshihab.com +1(403) 800-9255

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,099 sqft

Price per Sqft $1,263

MLS® Listing ID X9052060

Style Bungalow

Bedrooms 11

Half Baths 1

Originating Board Toronto Regional Real Estate Board

Property Description

Attention resort property investors and those interested in Living at a beautiful location with income properties to benefit from. This exceptional property on Whitestone Lake offers an unparalleled opportunity to capitalize on a thriving rental market. The charming updated bungalow serves as the main residence, featuring a spacious primary bedroom, two offices, a generous great room, and a sprawling deck with stunning lake views. The walk-out basement includes an additional bedroom, a recreational room, and direct access to a hot tub room, perfect for year-round enjoyment. In addition to the main residence, the property includes a massive oversized two-car garage built in 2017, equipped with its own electrical system and heating and fans, ideal for vehicles, equipment, and those recreational toys. The Games Building, located closer to the shoreline and beach area, provides everyone with a space for family fun and sports viewing. the highlight for those looking to easily create extra inc, lies in the four beautifully renovated cottages on the property. 3- 2-bedroom cottages and one 1-bedroom cottage, each with private docks. These units offer privacy & comfort for guests. The consistent demand and repeat visitors through Airbnb and seasonal rentals ensure a steady stream of income. Moreover, a fifth building on the property awaits you. This versatile structure is primed for transformation into a year-round rental or instead of a rental unit it could be a commercial venture. With existing heat equipment and exterior siding work pending (virtually rendered in photos), it has previously served multiple purposes, including as a restaurant. This property is a goldmine of opportunity, generating income from seasonal renters and Airbnb guests. Whether you choose to live here, run a business, or develop your dream resort, the possibilities are endless. Seize this chance to invest in a prime lakeside location with great income streams and boundless potential! **** EXTRAS **** Property consists of: 1 x YEAR ROUND HOME approx 1400 sq ft with w/o basement, 4 x COTTAGES WITH private individual DOCKS, 1 x TWO BDR HOME , OVERSIZED DOUBLE Heated GARAGE , RECREATIONAL GAMES BUILDING.b STORAGE, PLAYGROUND, Beach area (id:24570)

Location

Province ON

Lake Name Whitestone

Rooms

Extra Room 1 Basement 500 m X 4.42 m Bedroom

Extra Room 2 Basement 5 m X 4.74 m Recreational, Games room

Extra Room 3 Basement 7.3 m X 3.45 m Laundry room

Extra Room 4 Main level 7.1 m X 464 m Living room

Extra Room 5 Main level 4.8 m X 4.1 m Dining room

Extra Room 6 Main level 4.78 m X 3.3 m Kitchen

Interior

Heating Forced air

Cooling Central air conditioning

Fireplaces Type Woodstove

Exterior

Garage Yes

Community Features Fishing

Waterfront Yes

View Y/N Yes

View Lake view, View of water, Direct Water View

Total Parking Spaces 12

Private Pool No

Building

Story 1

Sewer Septic System

Water Whitestone

Architectural Style Bungalow

Others

Ownership Freehold

Listed by FOREST HILL REAL ESTATE INC.

GET MORE INFORMATION

Noor Shihab

Agent

+1(403) 800-9255

Noor Shihab

2216 HWY 124 Whitestone, ON P0A1G0

Noor Shihab

Key Details

Location

Rooms

Interior

Exterior

Building

Others

GET MORE INFORMATION

Go tour this home

2216 HWY 124