54 RAINBOW RIDGE ROAD, Little Britain, Ontario

ID#397369 | MLS# 1129441 | Listed at $995,000.00
Real Estate - Little Britain -
Michael Lewicki
Real Estate Broker
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Description
Opportunity Knocks. Calling all investors, entrepreneurs and developers. Huge opportunity with future growth development. This estate property consists of a 2 story log situated on 25 acres overlooking Lake Scugog and Washburn Island. This property has 806 ft road frontage on Rainbow Ridge Rd and is surrounded by a large residential development on two sides. The property has been enjoyed as a hobby farm, using organic farming practices and includes a pond for swimming. The house has 3 bedrooms/3 baths with a large kitchen/eating area and expansive living/dining room with windows overlooking the landscaped gardens. A 2 level deck provides lake-view outdoor entertaining and dining space. This property has excellent potential to develop into an Estate Lot Subdivision overlooking Lake Scugog. It is zoned Rural Residential Agricultural 1 which has a variety of permitted uses. The municipality is pro-development and encourages innovative development projects. One of a kind property. (id:1508)
Special Features
  • Amenities Near By: Golf Nearby, Water Nearby
  • Appliances Included: Refrigerator, Dryer, Freezer, Microwave, Stove, Washer
  • Basement Development: Unfinished
  • Basement Type: Full (Unfinished)
  • Constructed Date: 1968
  • Construction Material: Masonry
  • Fireplace Present: False
  • Fixture: Ceiling fans
  • Flooring Type: Hardwood, Tile
  • Foundation Type: Block, Poured Concrete
  • Number of Half Bathrooms: 1
  • Heating Fuel: Electric
  • Number of Stories: 2
  • Utility Water: Drilled Well
  • Features: Acreage, Farm setting, Flat site
  • Has Acreage: true
  • Land Amenities: Golf Nearby, Water Nearby
  • Sewer: Septic System
  • Ownership Type: Freehold
  • Parking Space Total: 6
  • Type of Road: Paved road
  • View Types: Lake view
  • Zoning: RURAL RESIDENTIAL A1
Property Type Residential
Building Style House
Listing Type For Sale
Age 1968

Number of Bedrooms 3.0
Number of Bathrooms 3.0
Rooms:
Level Type Length x Width
Main level Dining Room 20 ft. 0 inch x 12 ft. 0 inch
Main level Kitchen 12 ft. 0 inch x 10 ft. 0 inch
Main level Eating Area 12 ft. 0 inch x 7 ft. 0 inch
Main level Family Room 14 ft. 0 inch x 13 ft. 0 inch
Main level Laundry Room 8 ft. 0 inch x 7 ft. 0 inch
Main level Foyer 13 ft. 0 inch x 8 ft. 0 inch
Main level 2pc Bathroom 7 ft. 0 inch x 4 ft. 0 inch
Main level Bedroom 14 ft. 0 inch x 10 ft. 0 inch
Second level Master Bedroom 20 ft. 0 inch x 19 ft. 0 inch
Second level 3pc Ensuite bath 9 ft. 0 inch x 7 ft. 0 inch
Second level Bedroom 14 ft. 0 inch x 11 ft. 0 inch
Second level 4pc Bathroom 9 ft. 0 inch x 8 ft. 0 inch
Seller's Comments

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Mortgage Information
Title: Standard 5 Year / 25 Year Amortization
Down Payment Mortgage Rate Amortization Description Payment Min. Income Required
0.00%  -  0.00% 0 Years $0
5.00%  -  $49,750 3.59% 25 Years basic 5 Yr / 25 Year $4,910 $174,404
5.00%  -  $49,750 2.60% 25 Years Variable 5yr Yr / 25 $4,407 $159,313

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