ON > Elk Lake
Elk Lake, ON P0J 1G0,8856 Highway 560 West
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Elk Lake, ON P0J 1G0,8856 Highway 560 West
Elk Lake, ON P0J 1G0,8856 Highway 560 West
Elk Lake, ON P0J 1G0,8856 Highway 560 West
Elk Lake, ON P0J 1G0,8856 Highway 560 West
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Hal Canoglu

Hal Canoglu

+1(226) 700-1210
Listed by Jonathan David • PG Direct Realty Ltd. Brokerage
$ 1,250,000
Est. payment /mo
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Active

8856 Highway 560 West Elk Lake, ON P0J 1G0

11,750 SqFt

UPDATED:

09/26/2024 03:59 PM

Key Details

Property Type Commercial

Sub Type Building and Land

Listing Status Active

Purchase Type For Sale

Square Footage 11,750 sqft

Price per Sqft $106

MLS Listing ID 40448103

Abv Grd Liv Area 11,750

Originating Board Barrie

Year Built 1972

Annual Tax Amount $2,361

Lot Size 7.410 Acres

Acres 7.41

Property Description

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.

Location

Province ON

County Timiskaming

Area James

Zoning Commercial

Direction From Elk Lake take Hwy 560 west for 17km. From Sudbury, take Hwy 144 north, turn east on Hwy 560 for 117 km.

Rooms

Basement Separate Entrance, Full, Partially Finished

Kitchen 0

Interior

Interior Features Party Room, Public Washrooms, Recreational Facilities, Separate Heating Controls, Separate Hydro Meters, Sewage Pump, Storage, Storefront

Heating Baseboard, Forced Air-Propane, Wood Stove

Cooling None

Flooring Carpet, Laminate, Linoleum/Vinyl

Fireplace No

Appliance Water Heater Owned, Water Purifier

Laundry Coin Operated, Common Area

Exterior

Exterior Feature Sloping, Storage Buildings, Workshop/Storage, Storage

Garage Detached Garage, Gravel

Garage Spaces 2.0

Pool None

Utilities Available Electricity Connected, Other, Yes, Propane

Waterfront Yes

Waterfront Description Compact Rural Community,North,East,South,West,Beach Front,Other,Lake Privileges,Lake/Pond

View Y/N true

View Hills, Lake, Panoramic, Trees/Woods, Water

Street Surface Paved

Parking Type Detached Garage, Gravel

Garage Yes

Building

Lot Description Rural, Irregular Lot, Beach, Highway Access, Open Spaces, Quiet Area, Visual Exposure

Faces From Elk Lake take Hwy 560 west for 17km. From Sudbury, take Hwy 144 north, turn east on Hwy 560 for 117 km.

Story 1

Foundation Concrete Block

Sewer Septic Approved

Water Drilled Well, Dug Well

Structure Type Hardboard

New Construction No

Others

Senior Community No

Ownership Freehold/None

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Hal Canoglu

Agent | License ID: 5012956

+1(226) 700-1210

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8856 Highway 560 West