404 Horne Lake Road
Lanark Highlands, Ontario K0G1K0

5 beds · 3 baths · null

An exceptional 500 +/- acre property w/ 3 kms of waterfront on Lower Park & Horne Lk, w/ Wilson Creek flowing year-round between. Includes access to 3 additional lakes (Upper Park, Woods, & Bowers). It boasts two, 3-season cottages on Lower Park Lake equipped w/ modern conveniences. The property has a proven rental business, with potential for expansion using six additional old cabins. Sugar shack, 30'x50' barn w/poured floor/Hydro (2011). Hydro infrastructure is owned by the seller, with exception to the transformers & meters. Seller-owned dam, controls upstream lakes. Rich in natural beauty & wildlife. Development potential is significant, with recommendations for 10-12 waterfront lots. Additionally, the property includes a dormant 20+ acre gravel pit classified by the MNR. Access to the property is year-round via Horne Lake township road. A private boat launch on each lake. 4 hrs from Toronto. V.T.B possible. Immense potential for recreation, development & investment. (id:39198)

Facts & Features

Building Type House, Detached

Year built 2012

Square Footage

Stories 1

Bedrooms 5

Bathrooms 3

Parking 4

NeighbourhoodHorne Lake

Land size 500 ac

Heating type Baseboard heaters

Basement typeNone (Not Applicable)

Parking Type Open

Time on REALTOR.ca48 days

This home may not meet the eligibility criteria for Requity Homes. For more details on qualified homes, read this blog.

Brokerage Name: HOMES & COTTAGES UNLIMITED REALTY INC.

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Home price

$2,750,000

Start with 2% down and save toward 5% in 3 years*

* Exact down payment ranges from 2-10% based on your risk profile and will be assessed during the full approval process.

$25,015 / month

Rent $22,121

Savings $2,894

Initial deposit 2%

Savings target Fixed at 5%

Start with 5% down and save toward 5% in 3 years.

$22,046 / month

Rent $21,444

Savings $602

Initial deposit 5%

Savings target Fixed at 5%