1486 Kushog Lake Road, Algonquin Highlands, ON
Property Highlights
Welcome to this remarkable investment located in the coveted neighborhood of Stanhope. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $870,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Spacious lot size measured in Feet
- Convenient other garage included
- equipped with no central cooling and highly efficient baseboard heating
Description
Previously used as a marina, this rare waterfront property on Kushog Lake presents an exceptional opportunity for investors, entrepreneurs, or those seeking a versatile income-generating asset with residential and multi-use potential. Set in a prime waterfront location with stunning lake views and direct water access, the property offers endless possibilities for tourism, hospitality, recreational, or commercial ventures.The property features a residential building 4+3 bedrooms, 2 full kitchens, and flexible living accommodations ideally suited for short-term rentals, vacation lodging, staff housing, or multi-family use. A private boat ramp further enhances the appeal for boating and waterfront recreation enthusiasts.Adding significant value is the large detached building formerly operating as a marina and boat storage facility, offering excellent potential for a workshop, retail space, storage operation, service business, or additional revenue-generating use.With its unique combination of waterfront lifestyle, commercial flexibility, and multiple income streams, this property offers outstanding investment potential in one of the area's most desirable lakefront settings.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1486 Kushog Lake Road, Algonquin Highlands, ON K0M 2K0
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About Purchasing a Home in Algonquin Highlands, ON
For a property listed at $870,000 in Algonquin Highlands, the legal minimum down payment is $62,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $13,875 for this transaction. As this listing is in Algonquin Highlands (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $13,875.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.