For $1.1 million, you can get a 1,000 sq. ft. condo in Leaside or you could own this 180+ acre site on a private lake.

Located at 2434 and 2444 Old Hastings Rd. Coe Hill in the township of Wollaston, Deer River is a diverse property with unlimited potential.

READ: Renting On The Lake: This Is How The Other Half Does Cottage Country

Pre-approved by the municipality for the development of up to 12 cottages, Deer River can be used as a private estate, rental property or luxury resort.

Those with a "take it as it is" mentality will be pleased to know there are already five cottages and a 1,400+ sq. ft. service house on the lakefront, which was recently renovated.

READ: 5 Of Muskoka’s Most Expensive Waterfront Cottage Rentals

Though the property is secluded, both electrical and telephone lines run along the eastern end of the property providing strong LTE cellular coverage. Additionally, there are two drilled wells which provide safe and steady water flow to the primary house.

Those looking to develop the property further have plenty of options. As a 183 acre commercial property, a resort development could make a great addition to this space.

Located near provincial highways 620 and 62, this land is easy to get to for tourists looking to indulge in all-season recreational fun.

Can't you just picture yourself exploring these woods on a snowmobile?

Or better yet, lounging on this dock?

For more information on Deer River, check out the video below or contact the sellers directly here.

Deer River from Deer River on Vimeo.