1 Cedar Shores Road, Greenstone - Business for Sale
1 Cedar Shores Road, Greenstone, Ontario, P0T1V0
Description
Live the dream at Cedar Shores Resort, a year-round resort and campground nestled on the shores of beautiful Rolland Lake in Jellicoe, Ontario. This turn-key lifestyle and business opportunity offers an exceptional blend of hospitality, recreation, and Northern Ontario wilderness. The property features six cozy guest cabins, a five-unit hotel with spacious family-sized accommodations complete with kitchens, an owner's residence with guest quarters and office space, six serviced campsites including four annual and two overnight sites with hydro and water hookups, plus Starlink high-speed internet hookups and boosters throughout the property. Guests and owners alike enjoy outstanding fishing for walleye and northern pike, with boat and motor rentals available to explore the pristine waters of Rolland Lake and nearby Blackwater Lake. The region is renowned for its rich hunting and fishing heritage, located in the heart of the Greenstone area where generations of outdoor enthusiasts have come to experience world-class wilderness adventures. The property also benefits from an available moose tag, a rare and valuable attraction for outdoor enthusiasts. Additional amenities include a traditional wood-fired sauna overlooking the lake with a floating dock, a fish cleaning house, multiple storage sheds and workshops, dedicated fish processing and moose hanging areas, and two winterized cabins allowing for year-round guest accommodations. Conveniently located directly off Highway 11 and surrounded by countless lakes, forests, and trails, The resort offers endless opportunities for expansion and growth. Whether you're seeking a lifestyle change, an established tourism business, or a chance to be your own boss while living on the water, this incredible property delivers. Enjoy breathtaking sunsets over the lake, frequent displays of the Northern Lights, and the unmatched beauty of Northern Ontario right outside your door! Visit www.century21superior.com for more info. (id:66096)
Property Details
- MLS®
- X13511098
- Property Type
- Business
- Business Type
- Accommodation
- Lot Size
- 7.75 acres
- Frontage
- 1,074 ft
- Basement
- Partial
- Heating
- Baseboard heaters, Electric
- Cooling
- None
- Waterfront
- Yes
- Property Tax
- $11,000/yr
- Listed
- 157 days ago
Features
- Foundation
- Block
- Exterior
- Wood
- Lot Features
- Irregular lot size
Services
- Utilities
- Telephone, Electricity Connected
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 157 days on market, against an average age of 139 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 97 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 87.7 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
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Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (P0T)
This home lists at $589,900, about 7.7× the local median household income of $77,000.
Carrying it typically needs a household income of about $115,228 (20% down, 25-yr amortization, stress-tested) — roughly 50% above the area median.
- Median household income
- $77,000
- Population
- 32,000
- Median age
- 45.6
- Owner / renter
- 84% / 16%
- Avg. household size
- 2.3
Source: Statistics Canada, 2021 Census (FSA P0T)
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$589,900
Greenstone