Great opportunity to own a piece of prime LAND located directly across from Lake Ontario. This gorgeous, large property (24.92 acres) sits on a year round municipal road, a school bus route, is close to the town of Colborne with a school, bank, grocery stores, pharmacy and other shops. With a stunning view of the lake, it would make an excellent building site in a fast growing community only 40 minutes from the GTA and 90 minutes to downtown Toronto. Great real estate investment to build your dream home close to the lake on a large parcel of land without the burden of waterfront property taxes. Zoning (RU-2) allows for many uses including building a grand home or cottage as well as a secondary unit up to 1000 square feet. With Amendments to the Prohibition on the Purchase of Residential Property by Non-Canadians Act’s Regulations, the prohibition no longer applies to all lands zoned for residential and mixed use. Vacant land zoned for residential and mixed use can now be purchased by non-Canadians and used for any purpose by the purchaser, including residential development. So this property could be perfect for any buyer. Build your dream home yourself or through a separate contract with the seller, a Tarion Builder. Access to the 401 within minutes, close proximity to all amenities including St. Anne's Spa, Presqu’ile Provincial Park, The Big Apple, Victoria Beach, Yacht Club along with the Hospital and big box stores in Cobourg. Don't miss the virtual tour! (id:47421)