This is a very rare opportunity to purchase a significantly discounted property in the city of Kawartha Lakes. This property boasts potential with a large lot size of over 10 acres thus providing phenomenal for developers, serves as a great get away cottage, home for retirees, or a property for those who value privacy. Properties around this area rarely possess a lot size of this magnitude.
Take advantage of this amazing undervalued property sitting on over 10 acres of land in beautiful Kawartha Lakes. Situated in a highly desirable rural area attracting retirees, cottage goers, and home buyers looking outside the city, this property perfectly fits the model for a fix-and-flipper, AirBnB host, or for even personal use. The property is located a 5 minute walk to Newman’s Beach- a gorgeous waterfront community. There have been no comparable properties over the past half year with a 10 acre lot.
The property has roughly 1500 of interior living space, and is a 3 bedrooms 1.5 bathroom property. The property requires a full cosmetic renovations throughout such as refinishing hardwood floors, paint, kitchen etc.
Kawartha Lakes is a hot spot for many individuals looking to leave the city, buy a cottage or getaway property, Airbnb and developers. Appreciation and competitiveness to buy a property in Kawartha Lakes is extraordinarily high, especially throughout the pandemic as consumer preferences shift towards larger properties. This is your opportunity to buy in a highly competitive and quickly appreciating market with endless opportunities.