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$2,290,000
Available - For Sale
Listing ID: X12032061
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.
Price $2,290,000
Taxes: $9,634
Occupancy by: Owner
Address: 461 The Ridge Road , Wollaston, K0L 1P0, Hastings
Acreage: 2-4.99
Directions/Cross Streets: The Ridge Road South to #461.
Rooms: 0
Bedrooms: 0
Bedrooms +: 0
Washrooms: 8
Family Room: T
Basement: Full
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Bathroom 0 0 4 Pc Bath
Room 2: Bathroom 0 0 4 Pc Bath
Room 3: Bathroom 0 0 4 Pc Bath
Room 4: Bathroom 0 0 2 Pc Bath
Room 5: Bathroom 0 0 4 Pc Bath
Room 6: Bathroom 0 0 4 Pc Bath
Room 7: Bathroom 0 0 4 Pc Bath
Room 8: Bathroom 0 0 2 Pc Bath
No. of Pieces Level
Washroom 1:  4
Washroom 2:  2
Washroom 3:  4
Washroom 4:  2 Lower
Washroom 5:  0
Washroom 6:  4
Washroom 7:  2
Washroom 8:  4
Washroom 9:  2 Lower
Washroom 10:  0
Washroom 11:  4
Washroom 12:  2
Washroom 13:  4
Washroom 14:  2 Lower
Washroom 15:  0
Washroom 16:  4
Washroom 17:  2
Washroom 18:  4
Washroom 19:  2 Lower
Washroom 20:  0
Washroom 21:  4
Washroom 22:  2
Washroom 23:  4
Washroom 24:  2 Lower
Washroom 25:  0
Property Type: Detached
Style: Other
Exterior: Stone
Vinyl Siding
Garage Type: None
(Parking/)Drive: Private
Drive Parking Spaces: 8
Park #1
Parking Type: Private
Park #2
Parking Type: Private
Pool: None
Other Structures: Aux Residences
Approximatly Age: 31-50
Approximatly Square Footage: 3500-5000
Property Features: Fenced Yard
Library
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Elevator Lift: False
Sewers: Septic
Water: Lake/Rive
Water Supply Types: Lake/River,
Utilities-Hydro: Y
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
BALL REAL ESTATE INC.

461 The Ridge Road , Wollaston, K0L 1P0, Hastings


 
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At a Glance:
Type: Freehold - Detached
Area: Hastings
Municipality: Wollaston
Neighbourhood: Wollaston
Style: Other
Lot Size: x 80.00(Feet)
Approximate Age: 31-50
Tax: $9,634
Maintenance Fee: $0
Beds: 0
Baths: 8
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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