#340 5428 Young Street, Hamilton Township - Business for Sale
#340 5428 Young Street, Hamilton Township, Ontario, K0K2H0
This business in Hamilton Township is for sale. It has been on the market 24 days, fresher than the Hamilton Township average of 94 days.
Description
Situated on the highly sought-after south shore of Rice Lake within easy reach of the GTA, Sandy Shore Luxury Cottage Resort presents a rare turnkey opportunity to acquire a fully established, premium waterfront hospitality business featuring a collection of upscale, 7 cottages and a complete lifestyle amenity suite tailored to modern traveler demands. Every thoughtfully designed residence steps far beyond typical cottage standards, boasting climate-controlled comfort, modern interiors, exceptional privacy, and framed waterfront views of nightly sunsets, alongside guest-favorite amenities like a heated outdoor pool, sauna facilities, and an extensive custom dock system that consistently drive strong occupancy and high-yielding short-term rental rates. Designed for immediate turn-key operations, the property includes virtually everything required for seamless business continuity, while offering substantial upside potential to expand revenue into shoulder and winter seasons through targeted marketing, brand scaling, and winterized accommodations serving ice fishing, snow mobiling, and wellness retreats. Permit to build an additional unit above the office space is available. A refined, fully independent owner's residence provides pristine, year-round personal living quarters that allow an owner-operator to comfortably reside on-site while managing operations, and vendor take-back (VTB) financing options may be made available to qualified buyers seeking to acquire a landmark Northumberland waterfront asset. (id:66096)
Property Details
- MLS®
- X14027636
- Property Type
- Business
- Business Type
- Accommodation
- Zoning
- CT
- Lot Size
- 1.75 acres
- Frontage
- 135 ft
- Heating
- Baseboard heaters
- Cooling
- Fully air conditioned
- Listed
- 24 days ago
Features
- Lot Features
- Irregular lot size
Services
- Sewer
- Septic System
Features and services as supplied by the listing brokerage.
Market Timing
Extended: 24 days on market, against an average age of 94 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 37 days on the market over the past year, against a median of 48 days across the markets we publish.
This business in Hamilton Township has been listed for 24 days, which is 70 days fresher than the city average of 94. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (K0K)
This home lists at $2,299,000, about 27.7× the local median household income of $83,000.
Carrying it typically needs a household income of about $449,075 (20% down, 25-yr amortization, stress-tested) — roughly 441% above the area median.
- Median household income
- $83,000
- Population
- 115,850
- Median age
- 50.8
- Owner / renter
- 86% / 14%
- Avg. household size
- 2.4
Source: Statistics Canada, 2021 Census (FSA K0K)
Book a showing
Pick a time that suits you. A verified local agent confirms within 24h.
Buying this business?
Acquisition financing works differently from a property mortgage. Tell our partner brokers at iShopRates what you are buying and they will come back with options.
Ask about acquisition financing →
$2,299,000
Hamilton Township