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$2,000,000
For sale

PCL 4500 Nungesser, Kenora Remote Area (TB-701) - Business for Sale

PCL 4500 Nungesser, Kenora Remote Area (TB-701), Ontario, P0V2M0

Listed 202 days ago
Overview

This business in Kenora Remote Area is for sale. It has been on the market 202 days, fresher than the Kenora Remote Area average of 307 days.

Description

This camp is what dreams are made of! It may be exactly the opportunity you've been searching for: a beautiful established resort property with a high occupancy rate and a very strong percentage of repeat clientele year over year. Located on Nungesser Lake which is a fresh water lake and the head water of the entire Gull Rock, Keg, Red, Little Vermilion, Nungesser Lake Chain. It is approximately 18.5 miles long and has approximately 30,000 acres of fish holding structures. The property features 10 guest cabins accommodating 66 guests as well as a main lodge with living quarters, workshop/ storage shed, laundry house, office/store, bait house and an updated docking system that accommodates up to 26 boats. Recent upgrades include brand new cabin 3, 4 and 5, office and store building done in 2019, portage landing rebuilt, new septic system, and major renovation of cabin 9. The pride of ownership with this camp is undeniable. Maybe you're looking for a way to escape the mundane hustle and bustle of every day life, and you love the outdoors? Here's a way to make a great living surrounded by nature. (id:66096)

Property Details

MLS®
X13245160
Property Type
Business
Business Type
Accommodation
Lot Size
4.96 acres
Frontage
340 ft
Basement
Other, See Remarks, N/A
Heating
Baseboard heaters, Electric, Wood
Waterfront
Yes
Property Tax
$1,376.4/yr
Listed
202 days ago

Features

Exterior
Wood
Lot Features
Irregular lot size

Services

Sewer
Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
202d
Kenora Remote Area (TB-701) listings, avg age
307d
List price
$2M

Long Listed: 202 days on market, against an average age of 307 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 77 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This business in Kenora Remote Area (TB-701) has been listed for 202 days, which is 105 days fresher than the city average of 307. Act while there is still low competition.

Listed by Century 21 Northern Choice Realty Ltd. · Danielle Marion

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P0V)

This home lists at $2,000,000, about 28.0× the local median household income of $71,500.

Carrying it typically needs a household income of about $390,670 (20% down, 25-yr amortization, stress-tested) — roughly 446% above the area median.

Median household income
$71,500
Population
22,944
Median age
30.8
Owner / renter
77% / 23%
Avg. household size
3.1

Source: Statistics Canada, 2021 Census (FSA P0V)

$2,000,000
For sale

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Financing

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$2,000,000

Kenora Remote Area

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