691 Frank Hill Road, Kawartha Lakes (Emily) - Business for Sale
691 Frank Hill Road, Kawartha Lakes (Emily), Ontario, K9J6X3
Description
Rare Chemong Lake waterfront investment and redevelopment opportunity just minutes from Peterborough. Set on approximately 4.65 acres with approximately 785 ft of waterfront, this C4-2 zoned commercial property offers exceptional lake frontage, existing resort infrastructure, multiple income streams, and long-term upside. Currently operated as Lancaster Cottage and Trailer Resort, the property includes 50 sites, a main two-storey 3-bedroom house, a 2-bedroom cottage, 2 park models, workshop/shed, public washrooms, public laundry, boat launch, docking system, beach, gazebo, and an approximately 20 x 40 saltwater swimming pool. The property also includes 7 vacant waterfront sites available for new trailer placement or trailer sales income, in addition to seasonal site fees. Located on the shores of Chemong Lake, part of the Trent-Severn Waterway, this property offers direct waterfront access, lake views, boating, recreation, and strong Kawartha lifestyle appeal. The location is minutes from Peterborough, Bridgenorth, Ennismore, and convenient access routes to Highway 115.A rare opportunity to acquire a large-format waterfront commercial property with existing resort use, income potential, substantial frontage, and possible future redevelopment upside. Continue the resort operation, reposition the business, expand seasonal revenue, hold as a waterfront commercial asset, or explore redevelopment potential, subject to all required approvals. Buyer to verify zoning, permitted uses, site count, servicing, income, environmental matters, shoreline regulations, conservation requirements, and redevelopment potential. (id:66096)
Property Details
- MLS®
- X13687668
- Property Type
- Business
- Zoning
- C4-2
- Lot Size
- 4.56 acres
- Frontage
- 750 ft
- Heating
- Other
- Cooling
- Partially air conditioned
- Property Tax
- $9,581/yr
- Listed
- 78 days ago
Services
- Water
- Drilled Well
- Sewer
- Septic System
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 78 days on market, against an average age of 74 days across the listings currently for sale in this city
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Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (K9J)
This home lists at $2,999,999, about 41.4× the local median household income of $72,500.
Carrying it typically needs a household income of about $586,005 (20% down, 25-yr amortization, stress-tested) — roughly 708% above the area median.
- Median household income
- $72,500
- Population
- 44,547
- Median age
- 44
- Owner / renter
- 62% / 38%
- Avg. household size
- 2.3
Source: Statistics Canada, 2021 Census (FSA K9J)
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$2,999,999
Kawartha Lakes