176 Balsam Road Sold 3 months ago

McKellar, McKellar, P0G 1C0

$1,700,000$000000

Description

Listed by Royal Lepage Team Advantage Realty, Brokerage, Parry Sound.

Welcome to Ryan Lake in McKellar township. A very rare opportunity to own 40+/- acres with a large 1850 sq.ft home with 4 beds, 4-piece bath, formal dining room, living room & wood fireplace, kitchen and laundry all on the main level plus a bonus 1850 sq.ft full height unfinished basement with floor to ceiling granite fireplace as well as upstairs and ready for your creative use of space. Ryan Lake currently has approx. 5 properties with access to the lake and this property includes almost half of the entire water frontage with a whopping 4144 ft. There is municipal year round road access to the main house as well as private roads along both the east/west side of the lake. The property has a natural spring with significant water flow up to 72,000Lt/day. The property is currently/partially zoned C2 and was once a popular/busy cabin rental with 7 individual cabins with private beaches/docks, hydro and water to each cabin. Currently water & hydro has been disconnected to the cabins and they need some restoration as the property has been vacant for a number of years. Use of the building footprints and the commercial zoning could bring many possibilities for use of this property, especially where short term rentals are restricted or becoming restricted. There is also the investment possibility of developing into multiple parcels with hydro available and road access. C2 zoning uses: cottage rental, camp, trailer park, restaurant, hotel/motel, convenience store etc... See documents. Ryan Lake is semi-private with no public access which is perfect for swimming, fishing and all the water activities.

Dryer,Furniture,Refrigerator,Stove,Washer,Window Coverings

Location

View Map
  • Address: 176 Balsam Road
  • Neighborhood: McKellar
  • City: McKellar
  • State: ON
  • Postal Code: P0G 1C0

Property Details

  • Property ID: 40541514
  • Property Price: $1,700,000
  • Style: Single Family Residence, Bungalow
  • Sq/Ft: 1856
  • Rooms: 10+0
  • Bedrooms: 4+0
  • Bath: 1
  • Parking Spaces: 15
  • Basement: Full, Unfinished
  • Exterior: Vinyl Siding
  • Heating: Baseboard, Electric, Forced Air-Wood, Oil Forced Air
  • Fireplace: 2
  • Taxes: $5,093.91 (2023)
  • Acreage: 40 Acres
  • Exposure: North

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Room details and dimensions

Statistics for similar Single Family Residence homes in McKellar

The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.

Average days on market for similar Single Family Residence homes in McKellar

The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.

Number of transactions for similar Single Family Residence homes in McKellar

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

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