461 The Ridge Road in Hastings: Wollaston House for sale : MLS®# X12032061
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An exceptional waterfront property on Wollaston Lake that I believe presents a unique and compelling opportunity. This property boasts 530 feet of stunning shoreline and offers breathtaking, world-class sunsets.The main residence is quite substantial, featuring eight self-contained units with the capacity to comfortably host up to 25 guests. It includes a total of nine bathrooms and a main floor laundry for added convenience. Over the past three years, the property has undergone significant updates, including new flooring in many units, renovated bathrooms, a recently installed 25KW automated generator, updated window coverings, a new propane furnace, pot lights, new security cameras, a comprehensive water filtration system, and new water pumps. The property has already demonstrated strong rental income growth, with approximately $150,000 in bookings scheduled for the 2025 season, indicating its immediate income-generating potential.In addition to the main house, there is a charming, self-contained two-bedroom, one-bathroom cottage with its own private shoreline, offering a sense of privacy ideal for extended family or additional rental income. Furthermore, right at the water's edge, you'll find a beautiful two-storey wet slip double boathouse. This impressive structure includes a large second-storey flex room, a versatile space perfect for events, a yoga studio, or a games room. The superior construction quality is evident throughout all the buildings on the property.Beyond the existing structures, there is also additional land across the road with potential for future development, offering exciting possibilities for expansion or further investment. Approximately 2.5 hours from the GTA and Ottawa, this property offers tremendous value due to its unique features, income potential, and future possibilities.
Property Type:
Residential Freehold
Property Sub Type:
Detached
Property Attached:
No
Home Style:
Other
Approx. Age:
31-50
Total Approx Floor Area:
3500-5000
Lot Size:
2-4.99
Depth:
80'24.4 m
Frontage:
529'161 m
Lot Shape:
Irregular
Lot Details:
x 529
Direction Faces:
West
Bedrooms:
9
Bathrooms:
8.0
Water supply:
Well
Kitchens:
6
Kitchens in Basement:
3
Bedrooms Above Grade:
9
Kitchens Above Grade:
3
Rooms Above Grade:
9
Rooms:
8
Zoning:
RES
Heating type:
Forced Air
Heating Fuel:
Oil
Cooling:
No
New Construction:
No
Foundation:
Concrete
Roof:
Tile
Basement:
Full
Fireplace/Stove:
No
Alternative Power:
Generator-Wired
Garage:
None
Garage Spaces:
0.0
Other Structures:
Aux Residences
Parking Features:
Private
Parking Spaces:
8
Total Parking Spaces:
8.0
Family Room:
Yes
Possession Details:
Flexible
Pool:
None
Link:
No
HST Applicable To Sale Price:
Included In
Development Charges Paid:
Unknown
Taxes:
$9,634 /
2024
Assessment:
$- /
-
Wollaston
Wollaston
Hastings
Fenced Yard, Library, Place Of Worship, Rec./Commun.Centre, School, School Bus Route
Data was last updated August 26, 2025 at 06:15 AM (UTC)
Area Statistics
Listings on market:
16
Avg list price:
$749,450
Min list price:
$225,000
Max list price:
$2,495,000
Avg days on market:
88
Min days on market:
0
Max days on market:
395
These statistics are generated based on the current listing's property type
and located in
Wollaston. Average values are
derived using median calculations. This data is not produced by the MLS® system.
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