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$3,299,888
Est. payment /mo
4 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4 sqft
Price per Sqft $824,972
Subdivision Laxton/Digby/Longford
MLS® Listing ID X12283019
Lot Size 3.840 Acres
Acres 3.84
Source Toronto Regional Real Estate Board
Property Description
A rare opportunity to own a fully operational lakefront resort on sought-after Shadow Lake. Set on 3.84 acres with over 500 feet of private sandy shoreline, this turn-key property features 11 year-round cottageseach with its own unique charm, layout, and appeal. All units come fully furnished with full kitchens, A/C, woodstoves, and private outdoor space.Several cottages are waterfront with private docks, while others are tucked into the trees for added privacy. Guests enjoy a shared beach with sandy wade-in access, fire pits, picnic areas, and a lakeside sauna.This is a proven income-producing resort with Airbnb revenue of $203,495 in 2023 and $226,382 YTD in 2024 (after platform fees). After estimated expenses, the property generates a ~6.06% cap rate based on the current list price of $3,299,888.The active Airbnb profile and operating systems can be transferred to the buyer for a seamless investment handover.Ideal for investors, boutique retreat owners, or multi-family use. High-speed internet available. Located just 10 minutes to Coboconk, 2 hours from the GTA, and directly accessible from Highway 35. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Other
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 10
Private Pool No
Building
Sewer Septic System
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Listed by EXP REALTY