House For Sale in Colborne, ON

60, Toronto St

Price: $2,000,000

Old world charm with modern facilities

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Orlando Ferro

Buyer Agent Friendly

This seller is willing to negotiate commission with any real estate agent who brings an acceptable offer from a qualified buyer.

5
Bedrooms
4
Bathrooms
2,906
Square Feet
50,580
Lot Size
2 Storeys
Built in
1840
$4,192
Annual Taxes
Air
Conditioning
Guest
Suite
Fireplace
Pool

Situated in the quaint village of Colborne, this property operated through a corporation as a B&B / Guesthouse offering accommodations and as a small venue such as weddings, family reunions, for a number of years and has the potential of becoming a B&B /Guest House again by a new owner / Investor. (It also qualifies for The OINP foreign investor visa). A separate investment package is available including the corporation take over, all licenses, domain name and registration for additional cost and would include, furnishings. For details on that please contact the current owner who is retiring.

With walking distance to shopping and a 5 minute drive to the beaches of Lake Ontario, this 2,906 square feet century home set on a lot over one acre (50,580 square feet), brings the charm of an old era and offers the amenities of modern living. It has the services of the township (water and sewage, natural gas and access to internet high speed) It has 3 natural gas fireplaces, a boiler and radiators for heating as well as partial central Ac/Heating system.

It also has a salt water fiberglass swimming pool, an outdoor stone fireplace, several decks and a private decked courtyard serving the pool and bar area. Contained in a private park setting with lots of mature trees, walking paths and perennial gardens, the property has outer buildings such as a pergola, a tool shad, and one multiple purpose space last used as a club house right in the center of the park.

An all year creek crosses the property and offers relaxing sitting areas and a waterfall.

The house has a large entrance area with floor to ceiling windows and glass doors and is excellent in the winter months as a solarium. All facing south with good solar exposure.

A set of stairs leads to the second floor and its two suites with private bathrooms and its own seating areas.

Still on the first floor, we find a formal seating room and a dining room, both with doors to the kitchen.

From the kitchen we will follow a corridor that will lead to the right to a bedroom with sliding doors facing the pool courtyard and to the left another bathroom and stairs to a loft area and office space.

Continuing on the corridor there is a glass door leading to the pool courtyard with 2 gazebos and out of one of the gazebos, a French door leading to a boardwalk to the creek and the waterfall.

On the first floor north of the house there is a large room with skylights that could be used as a pool cabana or a storage for tropical plants that decorate the pool courtyard in the summer, next to that room there is another bedroom with private bath a washer and dryer.

The house comes equipped with an electric stove, 2 refrigerators, microwave, 2 electric fireplaces, a water heater tank, AC window unities, wine cooler, frigo bar.

Dominion Lending Centres

6.00%

Current Variable Rate

6.95%

Current Prime Rate
Please Note: Some conditions may apply. Rates may vary from Province to Province. Rates subject to change without notice. Posted rates may be high ratio and/or quick close which can differ from conventional rates. *O.A.C. & E.O
Terms
Bank Rates
Payment Per $100K
Our Rates
Payment Per $100K
Savings
6 Months
6.59 %
$675.29
7.49 %
$730.93
$-55.64
1 Year
7.84 %
$753.03
6.59 %
$675.29
$77.74
2 Years
7.34 %
$721.53
6.17 %
$649.95
$71.59
3 Years
6.99 %
$699.80
5.24 %
$595.34
$104.46
4 Years
6.79 %
$687.50
5.37 %
$602.85
$84.65
5 Years
6.84 %
$690.57
4.89 %
$575.36
$115.21
7 Years
7.10 %
$706.60
6.09 %
$645.17
$61.43
10 Years
7.25 %
$715.92
6.14 %
$648.15
$67.77

Property Features

Listing ID: 795748

Property Type
House / Detached House
Ad Type
For Sale
Ownership
Freehold / Fee Simple
Parking
Driveway / Other Parking
Asking Price
$2,000,000
View Rest of Property Features

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Orlando Ferro


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Report Listing ID 795748
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