Approved Lakefront Development in Barrys Bay ON
Encompassing 18 acres of prime lakeside real estate along the North shore of Kamaniskeg Lake, with 1,300 feet of frontage, this property is already Draft Plan Approved for 78 residential units. With flexibility in the layout, you can develop a variety of housing types, from detached and semi-detached homes to stacked townhouses or even a multi-unit apartment building. Whether you aim to create a vibrant residential community, retirement community, vacation homes, or rental properties, this is the ideal canvas for your next development project. The location itself is a developer’s dream, situated along the Highway 60, across the street from the St. Francis Regional Hospital, which is undergoing a $20m expansion starting in 2025. Flexible Financing Available to an Approved Buyer.
Financials (USD)
Net Operating Income (Annual) Not Disclosed
Asking Price $863,964
Converted From CAD
Exchange Rate $0.72
Cap Rate Available On Request
Deal Terms
Broker Co-Op? Available On Request
Seller Financing Available? Available On Request
Seller Willing To Lease? Available On Request
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