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For Sale

16 BIGWIN ISLAND N/A

Franklin, Lake of Bays, ON
$2,795,000
0Bd
0Ba
sqft
0Parking
1587 ft frontagelot
LandMLS# X10894601Listed 2023-10-10921 DOM

On the market for 921 days — longer than average. The seller may be open to negotiation.

About this home

This one of a kind AAA 4-acre island is located on pristine Lake of Bays, with stunning views in all directions, including sunrise and sunsets. It is connected to historic Bigwin Island and Golf Course via a very short foot bridge. The property offers an opportunity to build a family compound or potentially sever it into multiple building lots, making it versatile for various development options. The island boasts a variety of perfectly placed building sites, viewing areas, tall timbers including windswept virgin pine trees to provide a perfect backdrop for your dream lake house. There is an opportunity to purchase an adjacent vacant Bigwin lot (#32), which would provide immediate golf membership and direct walking access to the Bigwin Golf Course which currently has a 5 year wait list. The property is priced to sell, and would make a once in a lifetime opportunity for those looking to own a piece of paradise with rich history and undeniable beauty. This is one of the nicest properties on Lake of Bays and must be seen to be appreciated.

Features

  • Unknown

Financials

Annual Taxes
$5,194.5

Estimated Rental Income

Entire property$2,000 – $3,000/mo
Rental yield0.9% – 1.3%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Lake of Bays

Days on market921 days
Buyer's MarketSeller's Market

Based on active listings in Lake of Bays. Data updates daily.

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$2,795,000
16 BIGWIN ISLAND N/A, Lake of Bays
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