Ch. de la Rivière-aux-Cerises

Magog, Estrie J1X3W3

Lot | MLS: 25992413

$1,200,000 +tx


Description

SHORT-TERM RENTAL -- UNIQUE OPPORTUNITY! Over 210,000 sq. ft. of land ready for development, just minutes from Mont-Orford, with zoning allowing for a short-term rental project. Several possibilities are available, from building multiple complexes totaling up to 50 units to creating a mixed-use concept with commercial space on the ground floor and residential units above. Discussions with the city are already underway. Act fast!

SHORT-TERM RENTAL -- UNIQUE OPPORTUNITY! Over 210,000 sq.
ft. of land available for development, located just minutes
from Mont-Orford, offering an exceptional setting for a
short-term rental project. Thanks to its advantageous
zoning, several possibilities are available: the
construction of multiple buildings totaling up to 50 units,
or the creation of a mixed-use concept combining commercial
spaces on the ground floor with residential units above.
Discussions with the municipality are already underway,
facilitating the implementation of your future project --
do not hesitate to contact us for more information.

This property is located in the municipality of Magog, not
far from Orford Limits, a highly sought-after area in the
Eastern Townships known for its exceptional quality of life
and natural environment. Nestled in a mountainous and
forested landscape, Orford is home to Mont-Orford National
Park, renowned for its stunning scenery, ski slopes, hiking
trails, and lakes. With a permanent population of
approximately 4,300 residents, the municipality attracts
thousands of visitors every year, making recreation and
tourism key economic drivers. This dynamic environment
creates the perfect context for real estate projects
related to short-term rental.

By combining its strategic location, its strong tourist
appeal, and the municipal approvals already in progress,
this land represents a rare opportunity to invest in a
rapidly growing market.

Located just:
- 1 minute from Highway 10
- 4 minutes from Mont-Orford National Park
- 8 minutes from Mont-Orford ski resort
- 8 minutes from Pointe-Merry Park and Lake Memphremagog

The information regarding municipal assessment and annual
municipal taxes is based on the addition of two separate
tax accounts. Below are the details for the two lots:

2 824 318
Area: 15,940.5 m²
Municipal value: $478,800
2025 municipal taxes: $2,394
Roll number: 45072-0919-60-0601

2 824 321
Area: 4,214.6 m²
Municipal value: $244,300
2025 municipal taxes: $1,221.50
Roll number: 45072-0918-59-6059

Steps completed by the SELLER:
- Preparation of a preliminary site plan.
- Percolation test and soil study for septic system
installation (test conducted for Hydro-Kinetic tanks for
building of 6 units, another test for a CA is required to
ramp up the units to 10 per building; it is recommended to
consult a professional for your specific project).
- Completion of Phase 1 and Phase 2 environmental studies
in March 2021.

Steps to be completed by the future owner before
construction:
- Conduct a stormwater management study, tailored to the
BUYER's specific project.

The BUYER will be responsible for verifying with the
competent authorities whether the intended use of the
property is permitted.

Location


Characteristics

Proximity Bicycle path, Golf, Highway, Park - green area, Snowmobile trail
Zoning Commercial
Distinctive features Environmental study phase 1, Environmental study phase 2
Topography Flat
Water supply None