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$ 1,000,000
Est. payment /mo
Active
8856 Hwy 560 N/A W Timiskaming, ON P0J 1G0
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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision Tim - Outside - Rural
MLS Listing ID T12637210
Annual Tax Amount $2,422
Tax Year 2024
Property Sub-Type Investment
Lot Depth 500.0
Lot Front 2116.0
Property Description
Visit REALTOR website for additional information. Turnkey resort investment in beautiful northern Ontario. This resort has been operated by 2 generations of the same family since 1970. The resort is situated in the stunning region of Elk Lake in Unorganized West Timiskaming. The 4-season resort sits on a peninsula on Long Point Lake. It's known for its excellent fishing, hunting and cottaging experiences. It has solid revenues and additional revenue potential. 13 cottages, office/residence and 10 outbuildings for maintenance, recreation and storage. 17 trailer spaces for seasonal RV's with the potential for additional trailer spaces. The resort enjoys a high rebooking rate with loyal customers and a low vacancy rate. Benefit from the well-managed, decades long ownership of a family that has taken pride and enjoyment in delivering a memorable experience for their guests year after year.
Location
Province ON
County Timiskaming
Area Timiskaming
Interior
Cooling No
Exterior
Utilities Available Yes
Lot Frontage 2116.0
Lot Depth 500.0
Others
ParcelsYN No
Listed by PG DIRECT REALTY LTD.
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