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Sep 9
1,163' water-frontage on 12 acres, includes four 900sqft rental units

160 Blackfish Bay Road, Combermere Ontario - MLS#1290661

Rental income investment opportunity or an excellent property for a multi-generational family looking for accommodations for 8+ with individualized space and privacy. Cranberry Estates Retirement Residential Complex currently provides senior living accommodations, on a 12-acre multi-res property with 1,163' water frontage on Noonan Lake. Located in the tranquil and growing community of Combermere, Ontario, only a short drive to Barrys Bay and about 2 hours to Ottawa, 3.5hrs to Toronto. This property is currently occupied by tenants and requires 24 hr notice for showings. These residential units were built in the 1990s. Each is approximately 900 sqft and includes 2 bedrooms with 1 three-piece bathroom, an open concept living room, dining room, kitchen with appliances, and laundry room all on one floor. There is a secondary structure that includes 4 garage spaces, 4 enclosed storage units, and a rec hall with one 2pc bathroom and a wet bar.  The property has been updated, upgraded, and well maintained; includes manicured walking trails to explore and direct access to the water frontage on Noonan lake, where residents canoe and explore nature. There was previously a large boat dock at the shoreline, there is an undeveloped deeded 2nd entrance from Blackfish Bay road into the property. There is possible development potential for this property but requires rezoning and amendments. .