3065 REGIONAL ROAD 174 HIGHWAY, Cumberland, Ontario

ID#310521 | MLS# 1006138 | Listed at $399,000.00
Real Estate - Cumberland -
Felice  Miranda
Sales Representative
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Description
OTTAWA RIVER WATERFRONT ACREAGE-1 km East of the Cumberland Ferry to Masson-3065 and 3089 Regional 174 can be sold together as a package on 20+ acres of land or two separate 10 acre lots for sale at $399K each. Currently a marina & Boat storage with Solar panels on the property. Solar panels are offered for an additional 100K. Property is Gated & Security Monitored! Two 10 acre lots includes boat launch ramp, docking, Marina(Income 30K),water front sand beach, 15 year contract Micro-fit Solar Panel income per property 15K-Available for 100K each. Electrically controlled gate & security cameras plus improvements. Power of sale conditions apply. Rare 20+ acre riverfront lot near Cumberland Estates, Site plan approved for Bldg permit for 3000sqft luxury home. Hydro installed to service lights & cameras, pedestrian bridge, sound barrier installed. 485 ft across the front of the property & 286 ft across the waterfront. **property line extends 50 ft into the water** VTB available!
Special Features
  • Amenities Near By: Recreation Nearby, Ski area, Water Nearby
  • Basement Development: Not Applicable
  • Basement Type: Unknown (Not Applicable)
  • Fireplace Present: False
  • Utility Water: Drilled Well
  • Features: Acreage, Beach property, Park setting
  • Access Type: Highway access
  • Has Acreage: true
  • Land Amenities: Recreation Nearby, Ski area, Water Nearby
  • Current Use: Other
  • Sewer: Municipal sewage system
  • Condo / Maintenance Fee: 0.00
  • Maintenance / Condo Fee Payment Unit: Monthly
  • Water Front Type: Waterfront
  • Zoning: Res/Rec Land OnWater
Property Type Vacant Land
Building Style 2 Storey
Listing Type For Sale

Number of Bedrooms 0.0
Number of Bathrooms 0.0
Seller's Comments

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Mortgage Information
Title: First Time Buyer Program - High Ratio Mortgage
Down Payment Mortgage Rate Amortization Description Payment Min. Income Required
0.00%  -  5.09% 25 Years FREE DOWN PAYMENT 5 $2,432 $85,160
10.00%  -  $39,900 2.69% 25 Years 3 Yr Low Payment $1,682 $62,678
20.00%  -  $79,800 2.69% 25 Years 3 Yr Low Payment $1,463 $56,107
Title: Self Employed/ Non Qualified Income Premium
Down Payment Mortgage Rate Amortization Description Payment Min. Income Required
10.00%  -  $39,900 4.99% 25 Years $2,098 $75,141
15.00%  -  $59,850 4.25% 25 Years $1,838 $67,345
20.00%  -  $79,800 3.89% 25 Years $1,666 $62,191

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