3 Woodland Lane, Magnetawan - Business for Sale
3 Woodland Lane, Magnetawan, Ontario, P0A1P0
This business in Magnetawan is for sale offering roughly 7,000 sq ft of space. It has been on the market 10 days, fresher than the Magnetawan average of 92 days.
Description
Do not miss this rare opportunity to own 1,400+ feet of prime sandy waterfront with a gently sloping, shallow-water entry, perfect for swimming and enjoying the lake. Strategically located near the mouth of Ahmic Lake on the shores of the Magnetawan River, this exceptional property offers a unique combination of an established cottage resort, extensive waterfront, recreational amenities, and significant future development potential. Echo Beach Cottage Resort is a thriving, owner-operated business with a 4-bedroom, 3-bathroom residence and 10 recently insulated and updated rental cottages, all situated on the waterfront. The property offers an array of amenities, including a private waterpark, 9-hole mini-putt course, long sandy beach and over 20 acres with potential for future development. The private cottages are fully furnished with their own kitchens, decks, patios, and private gazebo. With more than 43 miles of lakeshore, Ahmic Lake offers excellent fishing, including walleye, crappie, northern pike, and bass. The surrounding property offers an abundance of nature, tranquility, and trails to explore, while the nearby Trans Canada Trail provides excellent opportunities for snowmobiling and other outdoor activities. With current weekly accommodation potential for 80+ guests, there is already substantial capacity for continued operation and growth. Consider adding a seasonal trailer park, campground or additional cabins. Purchaser to honour all bookings for the upcoming year *For Additional Property Details Click The Brochure Icon Below* (id:66096)
Property Details
- MLS®
- X14119350
- Property Type
- Business
- Business Type
- Accommodation
- Zoning
- Commerical Tourism
- Bedrooms
- 29
- Interior Size
- 7,000 ft²
- Lot Size
- 1420 × 1000 ft (32.59 acres)
- Frontage
- 1,420 ft
- Cooling
- Fully air conditioned
- Waterfront
- Yes
- Property Tax
- $12,386.84/yr
- Listed
- 10 days ago
Services
- Sewer
- Septic System
Features and services as supplied by the listing brokerage.
Market Timing
Active: 10 days on market, against an average age of 92 days across the listings currently for sale in this city
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 29-bed business in Magnetawan has been listed for 10 days, which is 82 days fresher than the city average of 92. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (P0A)
This home lists at $3,983,900, about 58.6× the local median household income of $68,000.
Carrying it typically needs a household income of about $778,195 (20% down, 25-yr amortization, stress-tested) — roughly 1044% above the area median.
- Median household income
- $68,000
- Population
- 17,822
- Median age
- 56.8
- Owner / renter
- 87% / 13%
- Avg. household size
- 2.2
Source: Statistics Canada, 2021 Census (FSA P0A)
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$3,983,900
Magnetawan