Waterfront Upscale Cottage Resort 9 Acres
Location Ontario,Canada
Asking Price Range $1.0M - $2.5M
Gross Revenues $125000
Net Profit / Cash Flow $85000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1985
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Description Upscale cottage resort for sale on Three Mile lake in the heart of Muskoka. Just 9 min from lake Rosseau, this 8.6 acre property is very usable, while being private and treed with over 500 ft of shoreline with large child friendly sandy beach. There are 10 fully equipped, air conditioned lakefront cottages, four of which are year around homes plus the property manager home. The main building features a 3000 sf full block basement with garage door and main door entrance. Excellent income generated from this totally renovated cottage resort. Lots of repeat business. Lots of room for expansion and re-development. Turn-key operation includes boats, motors, furnishings, maintenance equipment etc. Grab it before it's gone! Property taxes $2,830 for 2008. Asking price $1,199,000. Email or call Andrew Sobczak, Member of the Muskoka & Haliburton Real Estate Board, at 705-543-1341 for more info.
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