haho.ca
$7,499,000
For sale

1330 Hwy 518 Highway, McMurrich/Monteith (McMurrich) - Business for Sale

1330 Hwy 518 Highway, McMurrich/Monteith (McMurrich), Ontario, P0A1Y0

30 baths30 parking53,000 ft²Listed 166 days ago
Overview

This business in McMurrich/Monteith is for sale offering roughly 53,000 sq ft of space.

Description

Known as Doe Lake Camp Girl Guides of Canada/Guides Du Canada., this unique & very special property is being offered for sale. The site is comprised of 6 land parcels located on both the north (Lakeside) and south (Trailside) sides of Hwy 518 with the main entrance & road into the camp located off the north side of Hwy 518. Four of the parcels comprise approximately 5,000 Feet of waterfrontage on Doe Lake. Two parcels front on the south side (Trailside) of Hwy 518 and have no waterfront. Total acreage of the mainland property is approximately 440 acres. A seventh parcel offered for sale as part of this package is Reazin Island which is offshore from the main part of the property on Doe Lake. It consists of 32 acres but is undeveloped with no docking area. Approximately 25-30% of the Doe Lake Camp property is developed, primarily on the north side of Hwy 518 (Lakeside) including 7 winterized buildings with accommodation and dining for 150 persons & many more 3 season lodges and related structures. There are 6 major serviced campsite areas developed on the south side of Hwy 518 (Trailside) accessed by a tunnel under Hwy 518 or by gated entrances off Hwy 518. There is a developed waterfront area with sandy beach, docks & a 2 level Boathouse for watercraft & water programs storage. Other program areas include a climbing wall, high and low ropes courses, gymnasium & the property is further developed with roads, hiking trails & utility corridors (for hydro & water). Zoning of all parcels except one undeveloped parcel is Institutional. A full information package is available to interested Buyers. This is a perfect opportunity for those organizations seeking a fantastic campsite for their programs or for resort development. Please,...no walk-ins and all visitors must be accompanied by their Realtor. (id:66096)

Property Details

MLS®
X13165430
Property Type
Business
Business Type
Recreation
Zoning
Institutional, Rural
Bathrooms
30
Parking
30
Interior Size
53,000 ft²
Frontage
5,000 ft
Building Area
53,000 ft²
Heating
Baseboard heaters, Forced air, Not known, Other
Cooling
None
Listed
166 days ago

Features

Lot Features
Irregular lot size

Services

Water
Drilled Well
Sewer
Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
166d
McMurrich/Monteith (McMurrich) listings, avg age
86d
Price / ft²
$141
List price
$7.50M

Long Listed: 166 days on market, against an average age of 86 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 78 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 91.5 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This business in McMurrich/Monteith (McMurrich) is available now. Want me to connect you with the agent or keep you posted on any price updates?

Listed by Realty Executives Plus Ltd · ROB HEMING
Area context

Neighbourhood profile (P0A)

This home lists at $7,499,000, about 110.3× the local median household income of $68,000.

Carrying it typically needs a household income of about $1,464,817 (20% down, 25-yr amortization, stress-tested) — roughly 2054% 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)

$7,499,000· $141/ft²
For sale

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$7,499,000

McMurrich/Monteith

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