Frank  Rosso

Frank Rosso

REALTOR®

RE/MAX HALLMARK EASTERN REALTY, BROKERAGE*

Mobile:
705-933-9688
Office:
705-652-3367
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691 Frank Hill Rd: Rare Chemong Lake Waterfront Investment Opportunity Near Peterborough

691-Frank-Hill-For-Sale-Redevelopment

691 Frank Hill Rd Chemong Lake Waterfront Resort For Sale
 

What is 691 Frank Hill Rd?

691 Frank Hill Rd is a rare Chemong Lake waterfront investment and redevelopment opportunity near Peterborough, Ontario. The property offers approximately 4.65 acres, approximately 785 ft of waterfront, C4-2 commercial zoning, and an existing resort-style operation known as Lancaster Cottage and Trailer Resort.

The property includes 50 sites, a main two-storey 3-bedroom house, one 2-bedroom cottage, 2 park models, workshop/shed, public washrooms, public laundry, boat launch, docking system, beach, gazebo, and an approximately 20 x 40 saltwater swimming pool. It also includes 7 vacant waterfront sites that may provide additional trailer placement, trailer sales income, and seasonal site fee potential.

Located on Chemong Lake, part of the Trent-Severn Waterway, and minutes from Peterborough with access to Highway 115, this property may appeal to resort operators, investors, developers, and long-term land holders. Future redevelopment potential is subject to zoning, servicing, environmental, conservation, shoreline, and municipal approvals.

A Rare Waterfront Property on Chemong Lake

Large waterfront properties near Peterborough are hard to find. A property with acreage, lake frontage, existing resort infrastructure, commercial zoning, and future upside is even more rare.

691 Frank Hill Rd offers a unique chance to own a major waterfront site on Chemong Lake. This property is not just a cottage or single waterfront home. It is a commercial waterfront asset with multiple possible uses.

For the right buyer, it may work as an operating resort, a long-term land hold, an income property, or a future redevelopment site.

Why Chemong Lake Matters

Chemong Lake is one of the most recognized lakes in the Peterborough and Kawartha region. It is part of the Trent-Severn Waterway, which adds strong appeal for boating, fishing, tourism, seasonal stays, and waterfront living.

The property is located minutes from Peterborough, Bridgenorth, and Ennismore. It also offers convenient access to Highway 115. This makes it attractive for people coming from Peterborough, Durham Region, the GTA, and other parts of Ontario.

For investors, location is one of the strongest features. Waterfront land near a growing regional centre can be difficult to replace.

Existing Resort Infrastructure

The property is currently known as Lancaster Cottage and Trailer Resort. It includes infrastructure that may support an ongoing seasonal resort operation.

Key features include:

  • Approximately 4.65 acres

  • Approximately 785 ft of waterfront

  • C4-2 commercial zoning

  • 50 sites

  • 7 vacant waterfront sites

  • Main two-storey 3-bedroom house

  • One 2-bedroom cottage

  • Two park models

  • Workshop/shed

  • Public washrooms

  • Public laundry

  • Approx. 20 x 40 saltwater swimming pool

  • Boat launch

  • Docking system

  • Beach area

  • Gazebo

This gives the property more than one possible income path. A buyer may consider seasonal site fees, cottage use, park model use, trailer placement, trailer sales income, and long-term repositioning.

Income and Investment Potential

One of the strongest parts of this opportunity is the mix of existing use and future upside.

The property has 50 sites and 7 vacant waterfront sites. Those vacant waterfront sites may create added income potential through new trailer placement, trailer sales, and seasonal site fees. For an experienced resort operator, that may be an important value point.

An investor may look at the property in several ways:

First, it may continue as a seasonal cottage and trailer resort.

Second, it may be improved and repositioned to increase income.

Third, it may be held as a rare waterfront commercial land asset.

Fourth, it may be reviewed for future redevelopment, subject to approvals.

This flexibility is what makes the property stand out.

Redevelopment Potential

The property is zoned C4-2 commercial. This may allow for a range of commercial, resort, tourism, and related uses. There may also be potential to explore redevelopment concepts, including waterfront residential, stacked townhouse, resort, mixed-use, or tourism-focused ideas.

However, any future redevelopment must be verified by the buyer. This includes zoning, servicing, density, shoreline rules, environmental matters, conservation requirements, planning policy, and municipal approvals.

This is important. The value is in the opportunity, but proper due diligence is required.

Who Is This Property Best Suited For?

691 Frank Hill Rd may be a strong fit for several types of buyers.

A resort operator may want to continue the business and improve income.

An investor may want a waterfront asset with seasonal revenue potential.

A developer may want to explore long-term redevelopment.

A land holder may want to control a rare Chemong Lake commercial waterfront site.

A buyer looking for a Kawartha lifestyle business may see value in the mix of land, lake access, and existing resort infrastructure.

FAQ

Where is 691 Frank Hill Rd located?

691 Frank Hill Rd is located on Chemong Lake near Peterborough, Ontario. It is close to  Lindsay, Bridgenorth, Ennismore, and Highway 115.

How much waterfront does the property have?

The property offers approximately 785 ft of waterfront on Chemong Lake.

How large is the property?

The property is approximately 4.65 acres.

What is the zoning?

The property is zoned C4-2 commercial. Buyers should verify all permitted uses and development options with the proper authorities.

How many sites are on the property?

The property includes 50 sites, plus 7 vacant waterfront sites that may offer additional income potential.

What buildings and amenities are included?

The property includes a main two-storey 3-bedroom house, a 2-bedroom cottage, 2 park models, workshop/shed, public washrooms, public laundry, boat launch, docking system, beach, gazebo, and saltwater pool.

Is there redevelopment potential?

There may be future redevelopment potential, subject to zoning, servicing, environmental, conservation, shoreline, planning, and municipal approvals. Buyers must complete their own due diligence.

Final Thoughts

691 Frank Hill Rd is a rare Chemong Lake waterfront investment opportunity. It offers land, water frontage, commercial zoning, resort infrastructure, income potential, and possible future redevelopment upside.

Properties like this do not come to market often. With approximately 4.65 acres, approximately 785 ft of waterfront, 50 sites, and 7 vacant waterfront sites, this is a unique opportunity for investors, resort operators, developers, and long-term land holders.

 

For more information about 691 Frank Hill Rd, Chemong Lake, or waterfront investment properties near Peterborough, contact Frank Rosso through PeterboroughAgent.com.

About the Author

Frank Rosso is a Peterborough-area REALTOR® focused on helping buyers, sellers, investors, and property owners make informed real estate decisions. Through PeterboroughAgent.com, Frank provides local real estate guidance, property marketing, investment insight, and market knowledge for Peterborough, the Kawarthas, Chemong Lake, Bridgenorth, Ennismore, and surrounding communities.

Due Diligence Notice

All information, measurements, zoning, permitted uses, frontage, acreage, site count, income potential, servicing, shoreline matters, environmental matters, conservation matters, and redevelopment potential are to be verified by the buyer and buyer’s representatives. Any future development, expansion, change of use, or redevelopment is subject to all required municipal, provincial, environmental, conservation, planning, and regulatory approvals.

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