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More details for 551 Little Rideau Lake Rd, Portland, ON - Specialty for Sale

The West Waterfront - VENDER TAKEBACK - 551 Little Rideau Lake Rd

Portland, ON K0G 1V0

Specialty for Sale
$2,499,999 CAD
4,500 SF

Portland Specialty for Sale - Northeast Ontario

The West Waterfront - a 14 bedrooms and 7 bathroom estate over 6 separate accommodation units plus a 1,000 sq ft *newly renovated* accessory structure for hosting events or servicing offerings. The estate is a perfect secluded setting for a hospitality establishment, wellness operation or private facility while being waterfront on the UNESCO world heritage, Upper Rideau Lake. The estate is a very private setting at a dead end street with no immediate neighbours and on a quiet waterfront Bay - allowing a variety of uses to call "The West" home. The estate also comes with secured grandfathering rights to build an additional 6 bedrooms and 3 bathrooms over three additional and separate accommodation units, with planning rights secured on title. This is a built-in value of $150k PLUS saves future owners 1.5 years of approval timeline. VENDER TAKE BACK financing possible. Willing to negotiate terms. Full operational transition kit with local trustworthy contacts. Flexible zoning with a residential waterfront designation yet secured grandfathering rights for tourist commercial. The sale can be inclusive of The West Waterfront branding and client list. The property is extraordinarily flexible!