Waterfront Commercial & Residential Development Opportunity · giving it a very unique advantage...
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Price $1,700,000 Taxes $11,424.57 / 2019 / Annual Commercial Lot: $398,000 Residential Lot: $168,000 Waterfront Commercial & Residential Development Opportunity Lake’s End Paudash Lake ORI GRAD MANAGING DIRECTOR & BROKER C: 416.953.3052 [email protected] MARK PARMEGIANI DIRECTOR OF COMMERCIAL SALES & LEASING / SALES REPRESENTATIVE C: 416.528.2799 [email protected] A Commercial Division of RE/MAX Ultimate Realty Inc. Independently Ownedand Operated This document is not meant to solicit existing listings. (12.2002). Although the information has been obtained from sources deemed reliable, members of CHI Real Estate Group make no guarantees as to the accuracy of the information contained herein and offer the Property without express or implied warranties of any kind. 11 Paudash Lake Road CHIrealestate.ca
Transcript of Waterfront Commercial & Residential Development Opportunity · giving it a very unique advantage...
Price $1,700,000Taxes $11,424.57 / 2019 / Annual
Commercial Lot: $398,000Residential Lot: $168,000
Waterfront Commercial & ResidentialDevelopment Opportunity
Lake’s End Paudash Lake
ORI GRADMANAGING DIRECTOR & BROKER
MARK PARMEGIANIDIRECTOR OF COMMERCIAL SALES & LEASING /SALES REPRESENTATIVE
A Commercial Division of RE/MAX Ultimate Realty Inc. Independently Ownedand OperatedThis document is not meant to solicit existing listings. (12.2002).
Although the information has been obtained from sources deemed reliable, members of CHI Real Estate Group make no guaranteesas to the accuracy of the information contained herein and offer the Property without express or implied warranties of any kind.
11 Paudash Lake Road
CHIrealestate.ca
This development opportunity includes two separate waterfront properties. Located on the west side of Paudash Lake Road near Hwy 28. The two lots combined have a total lake frontage of 420 feet and total road frontage of 360 feet. The lot immediately north of Hwy 28 is zoned Commercial with an existing structure, (the former Paudash General Store). It has a high traffic volume and visibility location with the benefits from being ‘Grandfathered’ with all existing attributes protected for redevelopment, giving it a very unique advantage respecting building size, setbacks and water access. This lot has a new commercial sized 12,500 litre per day septic system and a new drilled well.
The next northerly lot is zoned Hamlet Residential. This zoning allows amongst other choices, the construction of a duplex, which adds to its value over a single dwelling unit and can provide additional rental units. The building envelope has been filled, levelled and is ready for construction. Both lots have Crowe Valley Conservation Authority Approvals to redevelop and build with a five year window.
• Expanded Building Footprint Approved
• New large commercial sized sewage system
• New drilled well
About Paudash Lake
Paudash Lake is a beautiful and popular four-season medium size fresh water lake located in the Canadian Shield in south-central Ontario. The Lake provides plenty of safe boating and fishing opportunities. It also features two full-service marinas (one very close to this site) which provide boat, canoe and kayak rentals. Additionally there are public beaches, diving rocks, a popular sandbar and large stretches of pristine Crown land. Centrally located two hours from both the Greater Toronto Area and from the Ottawa area and one hour from Peterborough and from Algonquin Park. The lake is served by Provincial Highways 28 and 118. It is split between Hastings and Haliburton counties and the local municipalities of Faraday Township and the Municipality of Highlands East. A multimillion-dollar condominium development on Provincial Highway 118 immediately north of Paudash Lake has just been announced.
Description
A Commercial Division of RE/MAX Ultimate Realty Inc. Independently Ownedand OperatedThis document is not meant to solicit existing listings. (12.2002).
Your Trusted Source For Commercial,Hospitality & Investment Real Estate
Although the information has been obtained from sources deemed reliable, members of CHI Real Estate Group make no guaranteesas to the accuracy of the information contained herein and offer the Property without express or implied warranties of any kind.
CHI Real Estate Group
• Residential lot allows for a single or semi-detached dwelling
• All approvals are in place
• Clean Phase 1 Environmental Study completed
Lake’s End Paudash Lake
Key Features
• This waterfront sunset view lot is 260 feet wide at road and 104 feet at its deepest with 282 feet waterfront
• It has a new 590 feet deep drilled well and a new commercial sized 12,500 litres per day septic system
• Grandfathered building setback from the shoreline/high water mark is a mere 10 feet
• The approved building footprint is approx. 5500 sq. feet and can be multiple stories
• There is ample area for on site parking
• There is a level grassed area and sand beach at the north end for on site recreational uses
• Clean Phase 1 Environmental Study completed
A Commercial Division of RE/MAX Ultimate Realty Inc. Independently Ownedand OperatedThis document is not meant to solicit existing listings. (12.2002).
Your Trusted Source For Commercial,Hospitality & Investment Real Estate
Although the information has been obtained from sources deemed reliable, members of CHI Real Estate Group make no guaranteesas to the accuracy of the information contained herein and offer the Property without express or implied warranties of any kind.
Commercial Lot – 11 Paudash Lake Road
Asking Price: $398,000
• This waterfront sunset view lot is 100 feet wide at the road and 122 feet at its deepest with 139 feet of waterfront
• The zoning has been amended to permit reduced setbacks from the road and side yards
• The Zoning permits the construction of a single, semi-detached or duplex
• The approved building(s) footprint is 3155 sq. feet and can be multiple stories
• The building envelope has been filled and is level
• The frontage on the water is nicely treed
Residential Lot - Lot 59 (Noted on MLS as 15 Paudash Lake Road)
Asking Price: $168,000
Property Attributes and Specifications
Lake’s End Paudash Lake
CHI Real Estate Group
A Commercial Division of RE/MAX Ultimate Realty Inc. Independently Ownedand OperatedThis document is not meant to solicit existing listings. (12.2002).
Your Trusted Source For Commercial,Hospitality & Investment Real Estate
Although the information has been obtained from sources deemed reliable, members of CHI Real Estate Group make no guaranteesas to the accuracy of the information contained herein and offer the Property without express or implied warranties of any kind.
Approved Commercial Footprint
Lake’s End Paudash Lake
CHI Real Estate Group
A Commercial Division of RE/MAX Ultimate Realty Inc. Independently Ownedand OperatedThis document is not meant to solicit existing listings. (12.2002).
Your Trusted Source For Commercial,Hospitality & Investment Real Estate
Although the information has been obtained from sources deemed reliable, members of CHI Real Estate Group make no guaranteesas to the accuracy of the information contained herein and offer the Property without express or implied warranties of any kind.
Approved Residential Footprint
Lake’s End Paudash Lake
CHI Real Estate Group
A Commercial Division of RE/MAX Ultimate Realty Inc. Independently Ownedand OperatedThis document is not meant to solicit existing listings. (12.2002).
Your Trusted Source For Commercial,Hospitality & Investment Real Estate
Although the information has been obtained from sources deemed reliable, members of CHI Real Estate Group make no guaranteesas to the accuracy of the information contained herein and offer the Property without express or implied warranties of any kind.
Satellite Images
Lake’s End Paudash Lake
CHI Real Estate Group
11 Paudash Lake Rd
Residential Lot 59
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