8856 Hwy 560 N/A
TIM - Outside - Rural / Timiskaming, ON P0J 1G0
About This Property
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.
Property Details
Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® T12637210
Listed by PG DIRECT REALTY LTD.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$4,883
/month · $800,000 mortgage
Amortization
Total Interest
$664,940
Total Cost
$1,464,940
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
Full Mortgage Calculator →Listed By
PG DIRECT REALTY LTD.