haho.ca
$1,799,000
For sale

20683 60 Highway East, Madawaska Valley - Business for Sale

20683 60 Highway East, Madawaska Valley, Ontario, K0J1B0

20 parkingListed 23 days ago
Overview

This business in Madawaska Valley is for sale. It has been on the market 23 days, fresher than the Madawaska Valley average of 180 days.

Description

An extremely well maintained, updated and pristine 9 cottage resort, Pleasure Point Cottages, is located just a few minutes west of Barry's Bay on Highway 60. With over 900 feet of frontage on Trout Lake, sand beaches and great swimming for all members of the family, a private boat launch, fishing, paddling and daydreaming of coming back next summer, your days will be filled with fun and making memories. There are 1, 2 and a 3 bedroom cottages to fit your family's needs and the cottages all have running water and sewage as well are heated with EBB The owner's 3 bedroom 1 bath home is wonderful and bright and is a peaceful place to recharge. The large eat in family kitchen is well appointed and a great place to sit around and discuss the day. Main floor laundry and a large office with attached bedroom and 1-3 pc bath and 1 2 pc bathroom that is heated with a wood stove. The home is heated with a propane furnace that is approximately 5 years old plus a woodstove in the living room. There are several outbuildings to store equipment, and items required to run the day to day operation of the cottage resort. Barry's Bay is a full service town, including a hospital with an emergency department. Located across from the access to the ATV/Skidoo trails, this opens up to other potential, when it is too cold to swim/boat. So much possibility awaits. Be prepared to love your job! (id:66096)

Property Details

MLS®
X13886720
Property Type
Business
Business Type
Accommodation
Zoning
TC
Parking
20
Lot Size
4.03 acres
Frontage
618 ft
Heating
Baseboard heaters
Cooling
None
Waterfront
Yes
Property Tax
$10,600/yr
Listed
23 days ago

Services

Water
Drilled Well

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
23d
Madawaska Valley listings, avg age
180d
List price
$1.80M

Extended: 23 days on market, against an average age of 180 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 80 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 92.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This business in Madawaska Valley has been listed for 23 days, which is 157 days fresher than the city average of 180. Act while there is still low competition.

Listed by QUEENSWOOD NATIONAL REAL ESTATE LTD · Patricia Scott

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0J)

This home lists at $1,799,000, about 23.7× the local median household income of $76,000.

Carrying it typically needs a household income of about $351,408 (20% down, 25-yr amortization, stress-tested) — roughly 362% above the area median.

Median household income
$76,000
Population
34,322
Median age
52.4
Owner / renter
87% / 13%
Avg. household size
2.3

Source: Statistics Canada, 2021 Census (FSA K0J)

$1,799,000
For sale

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$1,799,000

Madawaska Valley

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