Homes for sale - 461 THE RIDGE ROAD, Wollaston, ON K0L1P0

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Manny Forouzan

realestate@mannyforouzan.com +1(403) 542-0098

$ 2,290,000

Est. payment | -/mo

8 Baths

3,500 SqFt

Save

$ 2,290,000

Est. payment | -/mo

Save

8 Baths

3,500 SqFt

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 3,500 sqft

Price per Sqft $654

Subdivision Wollaston

MLS® Listing ID X12032061

Half Baths 2

Originating Board Central Lakes Association of REALTORS®

Property Sub-Type Freehold

Property Description

An exceptional waterfront property on Wollaston Lake that I believe presents a unique and compelling opportunity. This property boasts 530 feet of stunning shoreline and offers breathtaking, world-class sunsets.The main residence is quite substantial, featuring eight self-contained units with the capacity to comfortably host up to 25 guests. It includes a total of nine bathrooms and a main floor laundry for added convenience. Over the past three years, the property has undergone significant updates, including new flooring in many units, renovated bathrooms, a recently installed 25KW automated generator, updated window coverings, a new propane furnace, pot lights, new security cameras, a comprehensive water filtration system, and new water pumps. The property has already demonstrated strong rental income growth, with approximately $150,000 in bookings scheduled for the 2025 season, indicating its immediate income-generating potential.In addition to the main house, there is a charming, self-contained two-bedroom, one-bathroom cottage with its own private shoreline, offering a sense of privacy ideal for extended family or additional rental income. Furthermore, right at the water's edge, you'll find a beautiful two-storey wet slip double boathouse. This impressive structure includes a large second-storey flex room, a versatile space perfect for events, a yoga studio, or a games room. The superior construction quality is evident throughout all the buildings on the property.Beyond the existing structures, there is also additional land across the road with potential for future development, offering exciting possibilities for expansion or further investment. Approximately 2.5 hours from the GTA and Ottawa, this property offers tremendous value due to its unique features, income potential, and future possibilities. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Extra Room 1 Other Measurements not available Bathroom

Extra Room 2 Other Measurements not available Bathroom

Extra Room 3 Other Measurements not available Bathroom

Extra Room 4 Other Measurements not available Bathroom

Extra Room 5 Other Measurements not available Bathroom

Extra Room 6 Other Measurements not available Bathroom

Interior

Heating Forced air

Exterior

Parking Features No

Fence Fenced yard

Community Features Community Centre, School Bus

View Y/N Yes

View Lake view, Direct Water View

Total Parking Spaces 8

Private Pool No

Building

Sewer Septic System

Others

Ownership Freehold

Listed by BALL REAL ESTATE INC.

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(403) 542-0098

realestate@mannyforouzan.com

T2Z 3V5, CAN

461 THE RIDGE ROAD Wollaston, ON K0L1P0