1017 Rhapsody Lane, Algonquin Highlands
$399,000
1017 Rhapsody Lane, Algonquin Highlands
Total Monthly Obligation $2,184
No agent assigned
A Rare Lucy Lake Waterfront Opportunity...Discover the opportunity to own a truly special piece of Ontario Cottage Country on beautiful Lucy Lake, just minutes from the natural beauty of Algonquin Park. Held by the same family since the 1950s, this 1.7 Acre waterfront property offers 249' of west-facing shoreline and a unique combination of privacy, natural beauty and potential. The existing 3 bedroom, 1 bathroom home/cottage has been enjoyed by generations of the same family and now awaits a new vision. the property is being offered as an estate sale and the dwelling is currently in a state of disrepair with no existing heat source. Whether you envision restoring the existing cottage, creating a seasonal retreat, or embarking on a larger renovation project, this property provides an exceptional canvas for those looking to create something truly their own. The beautiful forested lot offers a wonderful sense of privacy, with openings providing views toward Lucy Lake. An existing bunkie adds even more potential and could be restored to provide additional guest space, a studio or a quiet escape. Lucy Lake is a particularly special setting, with only seven lots on the lake and the majority of the surrounding land remaining Crown Land. Enjoy the peace and privacy of a remarkably low density lake while being close to the vast wilderness and recreational opportunities of Algonquin Park. For those with a vision, this is an opportunity to breathe new life into a property with decades of family history and create a truly memorable waterfront retreat in one of Ontario's most beautiful cottage regions.
Closing Costs
Total Monthly Obligation
Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%
*This analysis is independently generated NOT provided by TREB or CREA.
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