1066 & 1070 Main Street, Lake of Bays

$4,995,000
1066 & 1070 Main Street

$4,995,000

New
34d
Detached2-Storey

1066 & 1070 Main Street, Lake of Bays

Total Monthly Obligation $21,317

Beds
3
Baths
4
Park
6
Sqft
5000 +
DOM
34d
Yield
0.9%
Cash on Cash
-18.5%
Cap Rate
0.6%
5Y IRR
1.3%
10Y IRR
3.7%
Property Type-Detached
MLS® Number-X13805896
Beds-3
Bathrooms-4
Size-5000 + sqft
Lot Size-105 × 150 ft
Listed on site-Sep 19, 2026
Style-2-Storey
Building Type-Detached
Age-31-50
Taxes-$9,524.28 (2025)
Parking-6 - None
Basement-Full
Heating-Forced Air (Oil)
Brokerage-Forest Hill Real Estate Inc.
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Stone
Roof-Asphalt Shingle
Foundation-Block
Sewer-Septic
Possession-Flexible
Neighbourhood-Ridout
Title-Residential Freehold

No agent assigned

A once in a lifetime opportunity to put your stamp on cottage country in the picturesque Village of Dorset with your very own waterfront business and residence on Lake of Bays. This fabulous 4,500 sq. ft., 3 bedroom 4 bathroom living space looking down Lake of Bays is coupled with extensive commercial and storage space. Adding additional value is a second property and commercial building on the waterfront, currently operating as a lucrative ice cream and frozen yogurt parlour.

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Closing Costs

Mortgage Amount
$3,996,000
Land Transfer Taxes$111,350
Legal Fees (Est.)
$
Total cash required for closing$1,111,850

Total Monthly Obligation

$21,317/mo
Mortgage $20,148
Monthly Loss $16,015
Principal$5,302
Interest$14,846
Property Tax$794
Home Insurance$125
Variable Costs$250

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 1066 & 1070 Main Street

Time

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Data last updated within the past 24 hours.