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$1,999,900
$2,149,900For salePrice drop↓ $150,000 (7%)

354 Marble Point Road, Marmora and Lake (Marmora Ward) - Business for Sale

354 Marble Point Road, Marmora and Lake (Marmora Ward), Ontario, K0K2M0

Listed 156 days ago
Overview

This business in Marmora and Lake is for sale.

Description

GLAMPING. WEDDINGS. CORPORATE, YOGA, AND FITNESS RETREATS, FARM-TO-TABLE EVENTS. This 24 acre property with eight-hundred feet on the Crowe River close to the entrance to Crowe Lake operates as a profitable and versatile retreat business. The property holds an updated four bedroom, four bathroom home with in-ground pool, a six stall hemlock horse barn with fenced grazing for horses, alpacas and alpaca grazing enclosure, three four-season glamping domes, a bunkie, and two outdoor saunas. The waterfront is natural and quiet, which is conducive to the weddings, yoga retreats, and more that this property can be used for. They have about eight thousand organic instagram followers and twelve thousand recipients of their monthly newsletter. This idyllic escape draws from a deep well of clientele looking for unique experiences in a convenient location close to many small towns and other destinations. An adjacent 14.9 acre serviced building lot is also for sale and would be perfect for increasing the size of the business or building another home. (id:66096)

Property Details

MLS®
X13223824
Property Type
Business
Zoning
RRC-5
Lot Size
23 acres
Frontage
177 ft
Cooling
Fully air conditioned
Property Tax
$5,152/yr
Listed
156 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
156d
Marmora and Lake (Marmora Ward) listings, avg age
116d
List price
$2.00M

Long Listed: 156 days on market, against an average age of 116 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) is available now. Want me to connect you with the agent or keep you posted on any price updates?

Listed by Century 21 United Realty Inc. · Ben Vanveen

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0K)

This home lists at $1,999,900, about 24.1× the local median household income of $83,000.

Carrying it typically needs a household income of about $390,650 (20% down, 25-yr amortization, stress-tested) — roughly 371% 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)

$1,999,900
For sale

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Financing

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$1,999,900

Marmora and Lake

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