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Rare 25.3-Acre Waterfront Investment – Rice Lake
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Address: 247 Dunnette Landing Rd
Price: $1,999,000
Property Overview:
A unique investment opportunity for developers and investors. This 25.339-acre waterfront property features 1,161.6 ft of shoreline along the southern shore of Rice Lake.
Key Features:
Newly renovated 3-bedroom, 2-bath brick bungalow
28 cottage sites + 25 RV sites
Store and laundry/shower facility
8 hydro meters with 700-volt power supply
Recent upgrades: $100K+ invested in well equipment and power infrastructure
Gently sloped terrain with forest, trails, creek, and waterfront views
Year-round municipal road access
Direct access to the Trent-Severn Waterway
Location & Accessibility:
1 hr 20 min from Toronto
30 min to Cobourg
35 min to Peterborough
Easy access to Highway 401
Investment Potential:
This property offers existing income from cottage and RV sites, along with significant redevelopment potential for waterfront development. A rare opportunity for strategic investors.
Contact:
Jason Gao – Broker / FRI / CCIM
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