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2216 Hwy 124

Hwy 124WhitestoneON, P0A 1G0

11
Beds
7
Baths
1400
Sq. Ft.
$1,389,000
List Price
2216 Hwy 124, Whitestone, ON - 1 of 3
2216 Hwy 124, Whitestone, ON - 2 of 3
2216 Hwy 124, Whitestone, ON - 3 of 3
59 days on market

Quick Summary

  • Exceptional lakefront property with income potential
  • Charming updated bungalow with spacious primary suite
  • Walkout basement with additional bedroom and rec room
  • Oversized heated 2-car garage with electrical system
  • Games building for family fun and sports viewing
  • Four beautifully renovated cottages with private docks
  • Consistent rental income from Airbnb and seasonal guests
  • Versatile structure primed for commercial or rental use

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... Show More

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:54626)

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Property Details

Size

1,400 sq. ft.
9 total rooms across 1 floor
11 Beds
2 Above Grade - 9 Below Grade
7 Baths
6 Full - 1 Partial

Parking

12 Parking Spaces
Detached Garage

Lot

Size
3372′0″ * 4800′0″
Acres
-

Build

Year Built
-
Model Name
-
Basement
Partially finished
Exterior
Vinyl siding
Foundation
Block
Builder Name
-
Stories
1
Flooring
-
Roof
-

Heating & Cooling

Heating
Forced air
Cooling
Central air conditioning

Utilities

Water
-
Sewer
Septic System
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Rooms

Bedroom

14′6″ x 1640′5″

Recreational, Games room

15′6″ x 16′4″

Laundry room

11′3″ x 23′11″

Living room

1522′3″ x 23′3″

Dining room

13′5″ x 15′9″

Kitchen

10′9″ x 15′8″

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Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
X9052060
Last Updated
September 19, 2024
Brokerage
FOREST HILL REAL ESTATE INC.
Powered by: REALTOR.ca
Call us 800-591-0566

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