Deal of the week - Waterfront Property - Indian River
Deal of the Week: Your Dream Waterfront Property on Indian River!
Looking for the perfect waterfront property to build your dream cottage or short-term rental investment? This week’s Deal of the Week is a rare and exciting opportunity to own not one, but two stunning riverfront lots on the picturesque Indian River in Douro-Dummer.
With 141 feet of pristine shoreline, deep lots, and year-round road access, this is the perfect location for those who crave nature, tranquility, and adventure. Whether you're looking to build a private retreat for your family or a rental property in a sought-after area, this property has everything you need!
Property Details at a Glance
π Address: 509-513 Sawmill Road, Douro-Dummer
π° Price: $550,000
π Lot Size: 60.37 x 440.07 feet per lot
π Waterfront: Direct access to Indian River
π Access: Year-round municipal road
π‘ Utilities: Electricity available on the road
Why This Property Is a Must-See
1. Incredible Waterfront Location
The highlight of this property is its stunning direct waterfront on the Indian River. With clean, shallow, hard-bottom shoreline, it’s perfect for canoeing, kayaking, fishing, and swimming. Imagine waking up to the peaceful sound of water and enjoying breathtaking river views every single day.
2. Spacious, Deep Lots for Building
Each lot is over 400 feet deep, giving you ample space to design and construct your ideal home or rental property. Whether you envision a cozy cottage nestled among the trees or a luxurious modern retreat, these lots provide endless possibilities—all pending necessary approvals.
3. Perfect for a Short-Term Rental Investment
With the increasing demand for vacation rentals, owning a waterfront property in Douro-Dummer is a smart investment. Tourists flock to this area for its natural beauty, outdoor activities, and peaceful surroundings. A well-designed rental cottage could generate steady income year-round!
4. Prime Location – Close to Everything
This property offers the best of both worlds—a quiet, rural setting with easy access to nearby towns and attractions:
✅ Warsaw & Lakefield: Small-town charm, shopping, and restaurants
✅ Stoney Lake: A popular boating destination with marinas and waterfront dining
✅ Peterborough: Just a short drive for all major amenities
5. Affordable & Accessible Financing Options
Breaking down the numbers, here’s what your financing could look like based on a 4.19% interest rate with 25-year amortization:
- Minimum Down Payment (5%): $30,000 → Monthly Payment: $2,901
- 10% Down Payment: $55,000 → Monthly Payment: $2,737
- 20% Down Payment: $110,000 → Monthly Payment: $2,360
With today’s low interest rates, securing financing for this one-of-a-kind property is more accessible than ever!
Why You Need to Act Fast
Waterfront properties in this area don’t stay on the market for long—especially affordable and build-ready lots like these. Whether you're planning your forever home or a rental income property, this is a golden opportunity to invest in a high-value location.
Schedule a Viewing Today!
Seeing is believing! Contact Erin Corcoran, RE/MAX Prime Properties, to schedule a private tour and discover the endless potential of these breathtaking waterfront lots.
π Erin Corcoran | RE/MAX Prime Properties
π§ erincorcoran.remax@gmail.com
π 705-305-1748
For mortgage inquiries, contact Rachel Adams, Mortgage Agent Lvl 2:
π 705-302-2990
π§ rachel@racheladamsmortgages.com
Don’t wait—your dream waterfront property awaits! π✨
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