$575,000

About this property

New Listing. An opportunity for a family compound or developer. Freehold vacant land condominium development. The waterfront property is comprised of five vacant land units (lots) plus common area. The entire property is approximately 1.8 acres in size with 894 feet of shoreline. The lands are a gentle topography with north, east and south exposure over Regina Bay, Lake of the Woods. Each vacant land unit features underground 200-amp electrical service on individual meters and underground septic service connection. The common area is landscaped and features a waterfront docking facility, walking paths, and septic system. Unit sizes are as follows; Unit 1; 8712 sq ft with 105 feet frontage; Unit 2; 8712 sq ft with 97.5 feet frontage; Unit 3: 9583 sq ft with 97 feet frontage; Unit 4; 9147 sq ft with 84 feet frontage; Unit 5; 8276 sq ft with 90 feet frontage. Each unit is permitted one residential dwelling to a maximum size of 1200 sq ft with a maximum of 2 bedrooms and 2 baths. An attached or detached garage is permitted. Condo Declaration and Design Scheme available. Zoned R2 - Multi-Family Residential. 2025 taxes: $3408.00. 13% HST applies to the purchase price. Viewing by appointment please.

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