Property Description for 188 VILLAGE STREET
Resort Property on Baptiste Lake.6 Beautiful Furnished Apartments This property has enormous potential for increased income, or owner/occupied resort home.Currently the top 4 units are rented short-term vacation rentals.Large Lower walk-out rented to quiet, long-term tenants.Rear lower unit rented long-term to on-site Maintenance Manager.2 docks, with infrastructure in place for 2 additional docks.Many water-access cottagers on lake, potential for renting dock space for them.3- 1 Bedroom Units, all with decks with glass railings with beautiful lake views.Units have a murphy bed for additional 2 guests.1- 2 Bedroom Unit with open concept kitchen/dining/living area. Lake-front views off two upper decks, one off the Master Bedroom. Also has murphy bed for sleeping up to 6-8 with pullout couch.Beautiful grounds, flower beds, bbq area, and firepits overlooking the lake.Perfect for swimming and water activities.Paved parking, year-round paved road access.10 minute drive from Bancroft, with LCBO, Canadian Tire and several grocery stores.Sunsets across the lake are incredible.Snowmobile trail access all winter to groomed trail system.Great fishing and boating.Public boat launch adjacent to property, easy access to the lake.New owner could potentially live in the large unit and continue to rent the other units.Whole home propane generator.New large hot tub with lake views.2 car attached garage.Gas heat and air conditioning in all units.The Large Lower walk-out apartment was a well-performing restaurant in the past, can easily be converted back to a restaurant from an apartment -Asking $2,999,999 (id:38686)
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Property Details
Property Tax
: $12,132 (2024)MLS® #
: X12220731
Home Features
Property Type
: MultiFamily
Room Details
Partial Bathroom
: 2
Interior Features
Heating
: Forced air, PropaneBasement
: Finished, Full, Walk out
Utilities
Sewer
: Septic System
Other
Parking Features
: GarageExterior Features
: Vinyl siding
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