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$2,990,000
Available - For Sale
Listing ID: X10411150
RICE LAKE LUXURY RETREAT Experience unparalleled waterfront luxury on Rice Lake with this exceptional, four-season property. Designed for multi-generational enjoyment and income potential, the retreat boasts eight buildings in total. It boasts five newly renovated Nordic-inspired modern cabins, each complete with a state-of-the-art kitchen, cozy living room, fireplace, and dining area. Bedrooms feature Casper queen mattresses, and every bathroom offers a relaxing rain shower. Each cabin comfortably accommodates 2-6 guests, totaling up to 23. All new furniture is included. Enjoy multi-level recreation areas, a large 50ft composite dock, kayaks, paddleboards, a firepit, a dedicated yoga platform, a jacuzzi, and a sauna, all perfect for relaxation. Kids can explore a clubhouse designed just for them. A main house supports storage, laundry, and office needs, while upgraded infrastructure includes EV Charging capabilities with a Porsche EV charging station, offers 2 electrical services (400-amp service and 200amp), and septic and top-tier water filtration systems. Zoned for commercial and recreational use, this fully furnished retreat, with designer furnishings and outdoor equipment, is a rare investment opportunity, ready for 2025.
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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 $149,500 $299,000 $448,500 $598,000
First Mortgage $2,840,500 $2,691,000 $2,541,500 $2,392,000
CMHC/GE $78,113.75 $53,820 $44,476.25 $0
Total Financing $2,918,613.75 $2,744,820 $2,585,976.25 $2,392,000
Monthly P&I $12,500.2 $11,755.85 $11,075.54 $10,244.75
Expenses $0 $0 $0 $0
Total Payment $12,500.2 $11,755.85 $11,075.54 $10,244.75
Income Required $468,757.37 $440,844.42 $415,332.59 $384,178.15

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RE/MAX ROUGE RIVER REALTY LTD.

1026 Merrill Rd , Unit 12, Alnwick/Haldimand, K0K 2X0, Ontario


 
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At a Glance:
Type: Freehold - Rural Resid
Area: Northumberland
Municipality: Alnwick/Haldimand
Neighbourhood: Rural Alnwick/Haldimand
Style: Bungalow
Lot Size: 160.00 x 125.00(Feet)
Approximate Age:
Tax: $6,370
Maintenance Fee: $0
Beds: 9+1
Baths: 5
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

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Personal Pic Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
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