8856 Hwy 560 W
TIM - Outside - Rural, Timiskaming, P0J 1G0
$1,000,000
Listed 308 days ago · MLS® T12637210
About this home
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.
Details
- Type
- Investment
- Lot
- 2116 × 500 ft
- Garage
- Other
- Property tax
- $2,423 (2024)
- Neighbourhood
- TIM - Outside - Rural
- Municipality
- Timiskaming
Heating, cooling and services
- Heating
- Woodburning
- Utilities
- Yes
Building and exterior
- Building area
- 7 Acres
More
- Possession
- Negotiable
- Cross street
- From Elk Lake take Hwy 560 west for 17km. From Sudbury, take Hwy 144 north, turn east on Hwy 560 for 117 km.
Listed by PG DIRECT REALTY LTD..
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.