Hot Listing

Prime Real Estate and Established Cottage Resort

Asking Price$1,650,000

Gross Revenue
$100,000

Net Operating Income$67,000

FF&E$60,000
Included in asking price
Building Sq. Ft.4650

Price per Sq. Ft.Not Disclosed

2 bedroom, 1 bathroom, full kitchen
6 unit Established Resort
3x Lofted cabins with kitchen and washroom
2 bedroom, 1 bathroom, full kitchen
6 unit Established Resort
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Hot Listing

Prime Real Estate and Established Cottage Resort


Asking Price$1,650,000

Gross Revenue
$100,000

Net Operating Income$67,000

FF&E$60,000
Included in asking price
Building Sq. Ft.4650

Price per Sq. Ft.Not Disclosed


Seller Financing Available
Property Description
Welcome to a waterfront opportunity that does not present it self often, an Investors dream or a perfect set up for retirement plus great income . A gorgeous 4 season cottage/home and 5 cottages for the entire extended family visit or an incredible investment that will reap great returns for years to come. This Property can be used as a multifamily compound, where multiple generations can spend summers together, in their own privacy with 6 buildings being located on the property. This is an incredible investor's opportunity that possesses great rental income. Your chance to own a dream property on Cameron Lake with unbelievable sunsets, boating on the Trent Severn waterway, ATV and snowmobile trails at your doorstep, all located within a town with all amenities needed for a relaxed convenient lifestyle. This property offers a beautifully renovated 4 bedroom, 2 bathroom home with lake views from kitchen and living room, along with two separate, 2 bedroom cottages fully renovated and ready to make money. There are also 3 Brand new 15'x15' Bunkies with lofts ready to go to work. The income opportunities are endless with summertime lake fun, Spring and Fall ATV tourists and snowmobile trails in the winter. The large 1.049 acre lot with very attractive zoning and access from two roads and massive redevelopment happening all around, could create an opportunity to turn this investment into something incredible in the near future. A possible severance of a lot is a possibility. This is truly a beautiful property that has just been finished fully renovated and a new well has been drilled. Currently Running as a very successful resort, that is booked solid. Please contact the Listing agent for more details. Please watch video tour for all photos of all 6 buildings. (40971266)
About the Property
Type
Multi-Family
Building Status
Established
Facilities & Assets
This is an established cottage resort in the hart of Fenelon Falls. There is a 4 bedroom 4 season home (fully renovated 2022), 2x 2bedroom cottages (fully renovated 2022) and 3 15x15 cabins (new 2022) with washrooms and kitchens.
Water access via public park.
Many return customers and 5 star rating for rentals.
Snowmobile and ATV trails 100m away.
Location Description
In the hart of Fenelon Falls on a paved road. Directly next to Fenelon Marina
Current and Prior Use
Currently used as a cottage rental resort. Lots of vacant space for expansion. Possible severance and re-development.Cash flowing in current state
About the Sale
Furniture, Fixings and Equipment
Included in Asking Price
Financing
Owner willing to finance
Current Property Expenses
Utilities
Listing Info
ID:
2394077
Listing Views:
575
Business Location

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Property Listed by: Bart Storonianski

Listing ID: 2394077 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.