404 Horne Lake Road -TWP of Lanark Highlands
Canada - Eastern ON - K0G-1K0
$2,500,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

An exceptional 500 +/- acre property featuring 3 kilometers of waterfront on Lower Park and Horne Lake, with Wilson Creek flowing year-round between them. This property includes access to three additional lakes (Upper Park, Woods, and Bowers), and it boasts two three-season cottages on Lower Park Lake equipped with modern conveniences such as Hydro, Ecoflo Septic Systems, drilled wells, and Satellite WiFi. Additionally, there is a partially reconstructed Century Farmhouse with an 18-year-old foundation and drilled well. The property has a proven rental business, with potential for expansion using six additional cabins, some of which have drilled wells.

The property includes several structures and utilities, including a sugar shack (new roof in 2007) that produced 45 liters of syrup in 2022, a 30'x50' barn with a poured floor and Hydro (2011), and new foundations and footings for the old barn portion and farmhouse (2007). Hydro infrastructure is owned by the seller. There is also a seller-owned dam that controls the upstream lakes.
The property is rich in natural beauty and wildlife, featuring a mixed forest with Maples, White Pine, and Red Oak, and it abounds with wildlife such as otters, beavers, muskrats, loons, eagles, ospreys, swans, ducks, geese, deer, bear, and wild turkey. It offers numerous recreational activities, including hunting, fishing, ATVing, hiking, cross-country skiing, snowmobiling, canoeing, and kayaking.

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Development potential is significant, with recommendations for 10-12 waterfront lots and five natural divisions for development. The property is zoned Rural and LSR, with an estimated development cost of 30%. There are 16 acres across the lake considered a natural severance, accessible by boat. Additionally, the property includes a dormant 20+ acre gravel pit classified by the MNR, with a license fee of $350 per year and potential to sell 20,000 tons of aggregate annually with a Class B license.

Access to the property is year-round via Horne Lake township road and Ranger Camp Road, with 4 kilometers of private gravel roads and a private boat launch on each lake. The property is conveniently located 1 hour from Ottawa and 4 hours from Toronto. Financial terms include the possibility of VTB with half or two-thirds down, 10% over 5 years, and open terms. This versatile property offers immense potential for recreation, development, and investment.

 

​Inclusions:
- 38’ Coachman 5th Wheel, Wyoming. 3 Expansions
- 2005 Kabota 50hp Tractor with attachments: Float, Bucket, Forks, Plow,     Backhoe, Bush Hog, Snow Blower, Box Scraper, Woodchipper,
- 200 Gallon Tank Maple Syrup Tank & Evaporator, 200 Taps
- Contents of both cottages
- 2x BBQ’s
- 3 Docks
- 3 Outhouses

- Tree stands
 

Expenses: 

2023
- Hydro Cost $2,284.45
- Taxes: $ 12,469
- Insurance: $5,219
- Internet: $ 750
- Maintenance/Supplies: $12,000

 

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