4650 HWY 11/17, Oliver Paipoonge - Business for Sale
4650 HWY 11/17, Oliver Paipoonge, Ontario, P7K0J1
This business in Oliver Paipoonge is for sale offering roughly 25 sq ft of space.
Description
For astute investors seeking high-yield assets or individuals desiring a tranquil lifestyle, this 25-acre campground and mobile home park presents a turnkey investment opportunity with consistent cash flows. The property comprises 95 developed sites, including 63 seasonal camp areas-:38 Big Rig Drive Thru sites equipped with full hookups-18 electric-only sites, seven non-hydro sites, and an additional two camping cabins. Amenities include a laundromat, shower and toilet facilities, and 1,000 sq ft swimming pool and hot tub. The 30-site mobile home park community (55+) generates consistent monthly income year-round, with potential availability of an additional 20+ sites (subject to municipal and provincial approval). The property includes a custom-built 3-bedroom home with private sauna and storefront. Conveniently situated 20minutes from Thunder Bay and just half a mile from Kakabeka Falls (major tourist attraction), the property offers both accessibility and scenic surroundings. It is especially suitable for couples interested in onsite living, seasonal management, winter recreational opportunities and work/life balance. (id:66096)
Property Details
- MLS®
- X12975316
- Property Type
- Business
- Zoning
- MHR + TC
- Interior Size
- 25 ft²
- Lot Size
- 25 acres
- Frontage
- 949 ft
- Heating
- No heat
- Cooling
- Partially air conditioned
- Property Tax
- $33,287/yr
- Listed
- 209 days ago
Market Timing
Long Listed: 209 days on market, against an average age of 71 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 23 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 104.6 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
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Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (P7K)
This home lists at $2,500,000, about 21.2× the local median household income of $118,000.
Carrying it typically needs a household income of about $488,338 (20% down, 25-yr amortization, stress-tested) — roughly 314% above the area median.
- Median household income
- $118,000
- Population
- 6,801
- Median age
- 49.2
- Owner / renter
- 95% / 5%
- Avg. household size
- 2.5
Source: Statistics Canada, 2021 Census (FSA P7K)
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$2,500,000
Oliver Paipoonge