7178 Highway 35, Kawartha Lakes (Laxton/Digby/Longford) - Business for Sale
7178 Highway 35, Kawartha Lakes (Laxton/Digby/Longford), Ontario, K0M1K0
This business in Kawartha Lakes is for sale. It has been on the market 85 days, fresher than the Kawartha Lakes average of 98 days.
Description
A rare opportunity to own a fully operational lakefront resort on sought-after Shadow Lake. Set on 3.84 acres with over 500 feet of private sandy shoreline, this turn-key property features 11 year-round cottage seach with its own unique charm, layout, and appeal. All units come fully furnished with full kitchens, A/C, woodstoves, and private outdoor space. Several cottages are waterfront with private docks, while others are tucked into the trees for added privacy. Guests enjoy a shared beach with sandy wade-in access, fire pits, picnic areas, and a lakeside sauna. This is a proven income-producing resort with Airbnb revenue of $203,495 in 2023 and $264,316 YTD in 2024 (after platform fees). After estimated expenses, the property generates a ~6.95% + cap rate based on the current list price of $3,200,000.The active Airbnb profile and operating systems can be transferred to the buyer for a seamless investment handover. Ideal for investors, boutique retreat owners, or multi-family use. High-speed internet available. Located just 10 minutes to Coboconk, 2 hours from the GTA, and directly accessible from Highway 35. (id:66096)
Property Details
- MLS®
- X13664626
- Property Type
- Business
- Business Type
- Accommodation
- Zoning
- C3
- Parking
- 20
- Lot Size
- 3.84 acres
- Frontage
- 573 ft
- Heating
- Other
- Cooling
- Fully air conditioned
- Garage
- Other
- Property Tax
- $15,224.62/yr
- Listed
- 85 days ago
Features
- Appliances
- Oven
Services
- Water
- Shared Well
- Sewer
- Septic System
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 85 days on market, against an average age of 98 days across the listings currently for sale in this city
This business in Kawartha Lakes (Laxton/Digby/Longford) has been listed for 85 days, which is 13 days fresher than the city average of 98. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (K0M)
This home lists at $3,200,000, about 40.0× the local median household income of $80,000.
Carrying it typically needs a household income of about $625,072 (20% down, 25-yr amortization, stress-tested) — roughly 681% above the area median.
- Median household income
- $80,000
- Population
- 53,815
- Median age
- 56.8
- Owner / renter
- 88% / 12%
- Avg. household size
- 2.2
Source: Statistics Canada, 2021 Census (FSA K0M)
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$3,200,000
Kawartha Lakes