8856 Highway 560 West

Elk Lake, ON

MLS® 40448103

For sale
$1,250,000

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.
Property Details
Parking Total
200
Property Type
Commercial
Road Type
Paved
View Type
Hills
Lake
Panoramic
Trees/Woods
Water
Waterfront Name
Long Point
Community Features
Rural
Irregular Lot
Beach
Highway Access
Open Spaces
Quiet Area
Visual Exposure
Building
Appliances
Water Heater Owned
Water Purifier
Basement Type
Separate Entrance
Full
Partially Finished
Building Type
Building and Land
Construction Materials
Hardboard
Security Features
Smoke Detector(s)
Flooring
Carpet
Laminate
Linoleum/Vinyl
Heating
Baseboard
Forced Air-Propane
Wood Stove
Sewer
Septic Approved
Stories
1
Electric
Single Phase
200 Amp Service
240 Volts
Water Source
Drilled Well
Dug Well
Building Amenities
Party Room
Public Washrooms
Recreational Facilities
Separate Heating Controls
Separate Hydro Meters
Sewage Pump
Storage
Storefront
Land
Lot Size Area
7.41
Acres
5-9.99 Acres
Zoning
Commercial
Landscape Features
Sloping
Storage Buildings
Workshop/Storage
Storage
Walk Score
PG Direct Realty Ltd. Brokerage

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Listing ID: 141315831
Last Updated: 2024-03-19 14:49:38