180 Lost Forest Lane

Magnetawan, ONHouse
$425,000
MLS® X12897220
House5 beds1 baths8 total
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About This Property

*** Visit the REALTOR website for further information about this Listing *** Tucked away on a tranquil peninsula in Beaver (Neghik) Lake - Part of Magnetawan's Ahmic Lake System, you'll find Lost Forest Park. In the mid 1980's LFP was established, converting a campground to a Private Park with 50-Shareholders & 50-sites. The approximate 55-acre parcel of land was divided into sites large enough to accommodate park model trailers and over time, has become a seasonal Cottage-Style Community, with every shareholder having access to the water. LFP has many furnishings of a cottage experience without some of the burdens associated with a conventional cottage. Affordable maintenance fees approx. $1,500 annually (inclusive of property taxes & maintenance), LFP is comprised of Shareholders - collectively owning the Numbered Incorporated Company "LFP". Site 42 - a family held share for 40-years offers: Year-round access - in the winter, road access to the park is privately plowed; given the proximity of site 42 to the Park's entrance, affordable private driveway clearance is available. 4-Season, 5 bed [2 x Queen beds; 2 x bunks (double bottom, twin top); 1 x double] Park Model Trailer installed 2017 Seasonal (Drinking) Water Service - LFP is equipped with a water treatment system. (Drawn from the lake) This water is tested daily (seasonally) to ensure adherence with provincial standards of safety. Weather dependent - the water system opens in May and closes after Thanksgiving. Concrete Foundation: for Park Model Trailer & 2 Sheds - one equipped with a roll up door for easy access when you want to hit the trails / one equipped with a furnace to warm up when it's chilly or to hang and dry snowmobile gear. A Snowmobiler's Dream - with trail system access on the lake - there are endless journeys and magnificent scenery at your disposal. ATV Adventures etc. (id:63604)

Key Facts

Type
House
Beds
5
Baths
1
Size
700 sqft
Parking
8 total

Highlights

  • Water Treatment
  • Furniture
  • Water Heater
Property Details 17 details
Bedrooms
5 bedrooms
5 above grade
Bathrooms
1 bathroom
Parking
8 parking spaces
No Garage
Living area
700 - 1,100 sq. ft.
Property
Single Family · Bungalow · Leasehold
Property subtype
Single Family
Structure type
Other
Architectural style
Bungalow
Ownership
Leasehold
Storeys
1
Heating
Forced air
Cooling
Central air conditioning
Fireplace
Yes
Taxes
$0.00
Zoning
CT-3
Water source
Lake/River Water Intake
Waterfront
Ahmic Lake
Views
Lake view, View, View of water

Interior features

Water TreatmentFurnitureWater Heater

Exterior features

Vinyl sidingConcreteInsulation upgraded

Systems and association

ElectricityCable

Lot and water

Wooded areaFlat siteDryCarpet Free

Virtual Tour & Media

Mortgage & Affordability Estimate monthly costs
Purchase price$425,000
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
Magnetawan
City
Magnetawan
Postal code
P0A 1P0
Nearby
Hwy 124 / Ahmic Lake Road