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$8,495,000
For sale

14-42 Bluewater Road, Georgian Bay (Baxter) - Business for Sale

14-42 Bluewater Road, Georgian Bay (Baxter), Ontario, P0E1E0

50 parkingListed 91 days ago
Overview

This business in Georgian Bay is for sale. It has been on the market 91 days, fresher than the Georgian Bay average of 135 days.

Description

Spectacular Muskoka Waterfront Business Opportunity: Hall's Cottages of Boney Harbour. An exceptional and rare turnkey investment opportunity in one of Muskoka's most scenic and active tourist areas, located just 90 minutes from Toronto. Hall's Cottages of Honey Harbour is a thriving, highly successful waterfront business encompassing a marina, cottage rentals, and RV/trailer sites with a proven track record, a high percentage of return guests, and a consistent waiting list. Key Features & Infrastructure: Marina & Slips: Approximately 100 well-maintained boat slips situated on Georgian Bay. Cottage Accommodations: Approximately 14 well-equipped and meticulously maintained 1-, 2-, and 3-bedroom cottages that are regularly fully booked. RV & Trailer Sites: Approximately 12 rental sites equipped with individual electrical service. Owner/Manager Residence: A spacious 3-bedroom, 2-bathroom home featuring a large master bedroom with an ensuite, plus a full lower-level apartment ideal for owners or on-site management. New Shop: A newly built 40-foot by 100-foot steel building featuring 18-foot by 18-foot roll-up doors, in-floor heating, and radiant heat, presenting an incredible avenue to dramatically increase income by servicing customer boats year-round. Condition: The entire property, including all equipment, docks, buildings, and roofs, is in immaculate, excellent condition. With multiple revenue streams already firing on all cylinders and plenty of room to expand and maximize profitability, this is a premier commercial holding in a prime location. (id:66096)

Property Details

MLS®
X13640630
Property Type
Business
Business Type
Accommodation
Zoning
CT1
Parking
50
Lot Size
3.64 acres
Frontage
488 ft
Cooling
Fully air conditioned
Property Tax
$14,057.08/yr
Listed
91 days ago

Features

Lot Features
Irregular lot size

Services

Sewer
Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
91d
Georgian Bay (Baxter) listings, avg age
135d
List price
$8.49M

Long Listed: 91 days on market, against an average age of 135 days across the listings currently for sale in this city

Homes here sell slower than most markets

Sold homes in this market spent an average of 71 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 92.7 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This business in Georgian Bay (Baxter) has been listed for 91 days, which is 44 days fresher than the city average of 135. Act while there is still low competition.

Listed by NORTH 2 SOUTH REALTY · PETER TATAR

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P0E)

This home lists at $8,495,000, about 102.3× the local median household income of $83,000.

Carrying it typically needs a household income of about $1,659,371 (20% down, 25-yr amortization, stress-tested) — roughly 1899% above the area median.

Median household income
$83,000
Population
3,606
Median age
54.4
Owner / renter
94% / 6%
Avg. household size
2.3

Source: Statistics Canada, 2021 Census (FSA P0E)

$8,495,000
For sale

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Financing

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$8,495,000

Georgian Bay

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