$3,999,999
Available - For Sale
Listing ID: X11941412
164B Lighthouse Rd , Callander, P0H 1H0, Ontario


Share Sale! Stunning Location! Profitable Business! This is one of those rare opportunities to walk in and take over a turnkey, profitable, flourishing and recurring business on the south shore of Lake Nipissing. Come enjoy the tranquility of cottage country. Glen Echo Cottages has 512 of waterfront, including a sandy beach, and 19.47 acres. Investors dream! Glen Echo currently operates mid May to mid October only as the current owners retired from operating during the ice fishing season. New ownership will have 16 commercial ice fishing hut numbers that can be used to increase revenue by ~30% opening in winter and increasing profitability immediately by building new ice huts. Glen Echo Cottages offers 11 fully equipped, modern, and absolutely beautiful cottages. 10 cottages are 3season, one is 4 season. In addition to the above, the owners residence is a 3 bedroom, 4 season home with an enormous deck overlooking the property and the lake. The lower level is the office/storefront.
Extras:   Workshop, storage building, boat building and coin operated laundromat on site. Included: Massey Ferguson tractor, 2 UTV's, log splitter, summer toys etc. *For Additional Property Details Click The Brochure Icon Below*
Price $3,999,999
Taxes: $13741.53
Tax Type: Annual
Occupancy by: Owner
Address: 164B Lighthouse Rd , Callander, P0H 1H0, Ontario
Postal Code: P0H 1H0
Province/State: Ontario
Legal Description: PT LT 14 CON 25 HIMSWORTH; T/W LT28605;
Directions/Cross Streets: Highway 654
Category: With Property
Use: Cabins/Cottages
Building Percentage: Y
Total Area: 19.47
Total Area Code:  Acres
Retail Area: 100
Retail Area Code: %
Financial Statement: Y
Chattels: Y
Franchise: N
Days Open: 7
Hours Open: 8 to 6
Employees #: 4
Seats: 0
LLBO: N
Sprinklers: N
Rail: N
Clear Height Feet: 0
Central Air Conditioning: Y
Sewers: Septic
Water: Well
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ICI SOURCE REAL ASSET SERVICES INC.
Personal Picture
Nick Sabouri
Sales Representative
Dir:
416-735-0345
Bus:
416-494-7653
Fax:
416-494-0016
 
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At a Glance:
Type: Com - Sale Of Business
Area: Parry Sound
Municipality: Callander
Neighbourhood:
Style:
Lot Size: 19.47 x 0.00(Acres)
Approximate Age:
Tax: $13,741.53
Maintenance Fee: $0
Beds:
Baths:
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
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