haho.ca
$5,899,000
For sale

178 KOA Campground Road, Marmora and Lake (Marmora Ward) - Business for Sale

178 KOA Campground Road, Marmora and Lake (Marmora Ward), Ontario, K0K2M0

Listed 79 days ago
Overview

This business in Marmora and Lake is for sale. It has been on the market 79 days, fresher than the Marmora and Lake average of 115 days.

Description

Great Canadian Campground - a full-amenity seasonal RV resort and campground of approx. 71.4 acres off Highway 7 (the Trans-Canada Highway) at Marmora, Hastings County, in the heart of Ontario cottage country, approx. 2 hrs from Toronto and 2.5 hrs from Ottawa. 192 sites: 184 serviced RV sites with 30-amp power and water (164 serviced today; all 184 serviceable by closing) plus 8 powered tent sites(15-amp), and 5 single-room cabins, with spare hydro capacity in place to add significantly more cabinsand powered tent sites. Approx. $1.8M capital program complete: new high-voltage underground electrical distribution across the entire park (7 new transformers, 14 new 200-amp panels); 105 sites newly serviced with water and electrical posts with 30-amp hookups; rebuilt family entertainment area with heated pool, new mini pool, splash pad, new 65-ft playground, 1,200 sq ft trampoline pillow jumper, new interlock, fencing, pumps, plumbing and heater; fully renovated main-building washrooms; new security gates. 60+ acres of on-property ATV, dirt bike and hiking trails with direct access to the Heritage Trail System, the Ontario Trail System and adjacent Crown land toward the Marmoraton Mine. Amenities Incl. rec centre and arcade, camp store, mini golf, two playgrounds, volleyball and basketball courts,dog park and laundry. Served by two drilled wells and three waste water holding tanks. (id:66096)

Property Details

MLS®
X13682318
Property Type
Business
Business Type
Recreation
Zoning
RRC-5
Lot Size
71 acres
Frontage
1,097 ft
Cooling
Partially air conditioned
Property Tax
$11,968.69/yr
Listed
79 days ago

Features

Lot Features
Irregular lot size

Services

Sewer
Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
79d
Marmora and Lake (Marmora Ward) listings, avg age
115d
List price
$5.90M

Long Listed: 79 days on market, against an average age of 115 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 62 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 94.2 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This business in Marmora and Lake (Marmora Ward) has been listed for 79 days, which is 36 days fresher than the city average of 115. Act while there is still low competition.

Listed by ROYAL LEPAGE SIGNATURE REALTY · WILLIAM KENNETH IRONS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0K)

This home lists at $5,899,000, about 71.1× the local median household income of $83,000.

Carrying it typically needs a household income of about $1,152,281 (20% down, 25-yr amortization, stress-tested) — roughly 1288% above the area median.

Median household income
$83,000
Population
115,850
Median age
50.8
Owner / renter
86% / 14%
Avg. household size
2.4

Source: Statistics Canada, 2021 Census (FSA K0K)

$5,899,000
For sale

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$5,899,000

Marmora and Lake

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