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16 BIGWIN ISLAND

16 BIGWIN ISLAND

Lake of Bays, ON

  • Vacant Land
  • 1057 days on market
$2,795,000Price reduced 13%

This one of a kind AAA 4-acre island is located on pristine Lake of Bays, with stunning views in all directions, including sunrise and sunsets. It is connected to historic Bigwin Island and Golf Course via a very short foot bridge. The property offers an opportunity to build a family compound or potentially sever it into multiple building lots, making it versatile for various development options. The island boasts a variety of perfectly placed building sites, viewing areas, tall timbers including windswept virgin pine trees to provide a perfect backdrop for your dream lake house. There is an opportunity to purchase an adjacent vacant Bigwin lot (#32), which would provide immediate golf membership and direct walking access to the Bigwin Golf Course which currently has a 5 year wait list. The property is priced to sell, and would make a once in a lifetime opportunity for those looking to own a piece of paradise with rich history and undeniable beauty. This is one of the nicest properties on Lake of Bays and must be seen to be appreciated.

Listing Details

Taxes (2024)
$5,195
Originally Listed
$3,195,000
Listed
October 10, 2023

Price History

Property

Style
Unknown
Construction
Unknown
Roof
Unknown
Interior
Unknown

Parking

Garage
Unknown
Covered Spaces
0
Total Parking
0

Utilities

Water
Lake/River
Sewer
None
Heat Source
Unknown

Location & Legal

Cross Street
HWY 117 WEST TO OLD HIGHWAY 117 TO NORWAY POINT & BIGWIN ISLAND GOLF COURSE
Zoning
WR
Parcel Number
480630864
Possession
Immediate
Occupancy
Vacant

Waterfront

Water Body
Lake of Bays
Shoreline
Unknown
Docking
Unknown

Property Insights

waterfront

AI-generated from listing photos. Not professional advice.

Community

Postal area P0B

Population
9,589
Private dwellings
8,951
Median age
53.2
Average household size
2.3
Median household income
$90,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Freehold in Lake of Bays · last 12 months

Median sold price
$828,500
Homes sold
106
Median days on market
35
Sale-to-list price
93.5%

Based on 106 recorded sales of residential freehold properties in Lake of Bays over the last 12 months.

Listed by

Cayman Marshall International Realty Inc.

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$559,000

Estimated Monthly Payment

$13,731

Land transfer tax

Estimated land transfer tax$56,350

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $13,731/mo (20% down, 5.5%)

Taxes: $433/mo · Insurance: $699/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

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