Park Model Type Cottage - Kawartha Lakes - Own Your Cottage

$105,000.00
Posted
Fire Rte 82B, Buckhorn, ON K0L 1J0, Canada(View Map)

Description

Big Bald Lake, Buckhorn,Ont. $105,000 Lakefront 2 and 3 bedroom cottages are being offered for sale starting at a very affordable price of $105,000. These cottages are priced well below entry level cottages in the Kawartha Lakes region which are upwards of $300,000 and are conveniently located 5 minutes outside downtown Buckhorn and only 1 1/2 hours from Toronto. The extension of the 407 to Highway 115 will provide an option for traffic free travel for most of the route. The property is comprised of approx. 15 acres of land with over 1000' of water frontage, 4 acres of grass area and 11 acres of forested area, a large beach area for swimming and volleyball court, a boat launch ramp and boat slip. All cottages have a view of the lake and are situated to provide desired privacy. A restaurant is also on the property for added convenience. The property fronts on Big Bald Lake and is part of the Trent Waterway System for excellent fishing and unlimited boating with access to 5 Lakes without passing through a lock. There is ice fishing and for the snowmobiler a groomed trail through the property with year round road access. Three ski hills are within 1 hour drive and Six Foot Bay Golf and Country Club, a premier golf course is an 8 km drive. The quaint town of Buckhorn offers the close convenience of all the essentials , including a Home Hardware, Foodland Grocery Store, General Store, Pharmacy, Buckhorn Medical Center, Liquor/Beer Store, Buckhorn Community Centre, restaurants, tourist center, library, post office and pizza parlor. A 30 minute drive to downtown Peterborough offers all the large city essential services, hospital, etc. It is through a shared ownership structure that these cottages with all the conveniences can be offered at an affordable price. This method of co-ownership is more advantageous as an investment than fractional ownership, time share and leased land arrangements. The structure allows for the most affordable ownership of a cottage on the market. Each cottage owner will be a shareholder and will have exclusive title to their cottage. The ability to pay cash for your cottage is important as financing is not an option. Owners may access the equity in their homes or liquidate other assets/investments to purchase a cottage. There is a monthly fee of approximately $175.00 to cover the costs of property taxes, property/liability insurance, common maintenance costs and a reserve fund. As well as having the enjoyment of a personal cottage, owners will have the option of renting their cottage to offset costs or use it as a rental investment. If you have an interest in obtaining more information you can contact the owner at 705 657-1655.

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