RAM Developments Selling Muskoka Site Approved For 60 Waterfront Units

AI Article Summary
RAM Developments is selling a waterfront development site approved for 60 luxury townhome cottages on Gravenhurst's Sparrow Lake, listed at $10,995,000. The 54-acre property includes a draft site plan with amenities, such as a pool pavilion, clubhouse, and sports courts, and new wells and pre-development studies have been completed. Initially planned under the name Luna Bay, the development aimed to provide a resort-like community with on-site management handling rentals. The site has a long history as a recreational destination, and its sale offers a significant opportunity for investors.