$2,295,000
7 Bed
3 Bath
2,968 Acre SQFT
0.45 Acre Lot

135 DRIFTWOOD VILLAGE DRIVE, Coboconk, Ontario K0M1K0

  • Residential Income Property Type
  • 2,968 Acre Square Footage
Property Description

Welcome to Your PRIVATE POINT on Balsam Lake! Presenting a rare chance to own One of Few Private Points on Balsam Lake with 370 feet of premium waterfront on all sides and two renovated four-season cottages! Own a one-of-a-kind retreat situated in the heart of the Trent Severn Waterway, where you can enjoy breathtaking north, west, and south waterfront views, ensuring every sunrise and sunset is yours to cherish. This prime opportunity offers all-day sun and panoramic lake views with various outdoor areas to choose from. The peaceful oasis will remain private, nestled across from protected lands. The clear waters are ideal for swimming, boating, and summer gatherings, while winter brings opportunities for winter sports and cozy retreats by the fireplace. Each cottage has been fully renovated since 2018 with custom kitchens, bathrooms, and luxury finishes throughout. The main cottage features an expansive 4-bedroom, 2-bathroom open-concept space with a wrap-around deck, a concrete pad and fireplace with steps to the water, and a private dock. The guest cottage, offering 3 bedrooms and 1 bathroom, sits on the edge of the point, walking out to a spacious concrete deck overlooking the water and a secondary dock. Upgrades include brand-new standing-seam roofs (2024), siding, and a Generac generator. The property includes two convenient laundry facilities and an existing wet-slip boathouse that can be renovated to your imagination. Enjoy convenient access from Hwy 35, just minutes from Coboconk and Fenelon Falls, and only two hours from Toronto. Operated as a successful Airbnb for over five years, this property is a proven income generator with financial records available upon request and a robust book of business included in the sale. Vendor financing (VTB) is available. Don’t miss this exceptional opportunity to own a piece of luxury on Balsam Lake! (id:58395)

Listing Stats
Residential Income
for Sale
40620778
$2,295,000
Direct Water View
7
3
2,968 Acre
0.45 Acre
Active
$0
Features
: Forced air, Propane
: Ductless, Central air conditioning
: Unfinished, Partial
: Wood, Concrete, Metal
: Septic System
: Waterfront
Appliances
: Freezer, Microwave, Water purifier, Oven - Built-In
Location
Canada
ON
Coboconk
Somerville (Twp)
K0M1K0
DRIFTWOOD VILLAGE DRIVE
135
W79° 11' 31.2''
N44° 37' 36.2''
MLS Details
Active
$0
Additional Information
0.449
: Lake/River Water Intake
Balsam Lake
https://pages.finehomesphoto.com/135-Driftwood-Village-Rd/idx
1.0
2
: Cul-de-sac
: Block
: Wood frame, Concrete block, Concrete Walls
Financial
$12,000
Listing Information
2024-07-18T18:35:21Z
The Oakville, Milton & District Real Estate Board
2024-07-18T18:26:24Z
Address Map
Hwy 35 to Driftwood Village Drive. Take gravel road to end, left at fork. Keep left to end, property is the very last driveway on the point.
Basic Details
1
Multi-family
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