0 QUETICO NORTH- Highway 11, Rainy River Remote Area (TB-50) - Business for Sale
0 QUETICO NORTH- Highway 11, Rainy River Remote Area (TB-50), Ontario, P0T1C0
This business in Rainy River Remote Area is for sale.
Description
* EXTREMELY PROFITABLE***UNIQUE TURNKEY BUSINESS OPPORTUNITY***OWNERS RETIRING*** QUETICO NORTH**Business, Building. Property & Land | Restaurant | Gas | Grocery/LCBO Store | GIFTS SHOP/Clothing & Souvenirs | Liquor & Beer Store **7+Acres** 2 apartments, Airbnb Rooms in Northern Ontario, Offering Multiple Year-Round Revenue Streams. The property features a**40-seat Restaurant with Full Kitchen**, a **Large Retail Store with LCBO sales**, and Strong Merchandise Sales from Apparel and Gifts. Included are **25 Rental Canoes with Paddles and Life Jackets**, a **Large Van and Canoe Trailer**, and a **Bunkhouse** for Guests Staying Overnight Before Their Trips. The Main Building (40’x90’ with Full Basement Plus 24’x74’ addition) Also Includes a **16’x28’ Screened House** and a **9,100-Litre Above-Ground Gas Tank** With Self-Serve Setup. A **2008 Chevy Truck with Plow. A Rare Chance to Own a Thriving, Fully Equipped. Excellent Sales **ONLY OPEN 6 Hrs PER DAY** **Hospitality and Adventure Business** in Ontario’s Breathtaking Natural Setting. Call Anytime for Financials & further info. (id:66096)
Property Details
- MLS®
- X13258412
- Property Type
- Business
- Business Type
- Automobile
- Lot Size
- 8.83 acres
- Frontage
- 673 ft
- Basement
- Full
- Heating
- Electric, Wood, Other, Other
- Property Tax
- $9,301/yr
- Listed
- 384 days ago
Features
- Foundation
- Block
- Exterior
- Wood
- Lot Features
- Irregular lot size, Wheelchair access
Services
- Sewer
- Septic System
- Utilities
- Telephone, Electricity Connected
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 384 days on market, against an average age of 194 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 35 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 94.1 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This business in Rainy River Remote Area (TB-50) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (P0T)
This home lists at $749,000, about 9.7× the local median household income of $77,000.
Carrying it typically needs a household income of about $146,306 (20% down, 25-yr amortization, stress-tested) — roughly 90% above the area median.
- Median household income
- $77,000
- Population
- 32,000
- Median age
- 45.6
- Owner / renter
- 84% / 16%
- Avg. household size
- 2.3
Source: Statistics Canada, 2021 Census (FSA P0T)
Book a showing
Pick a time that suits you. A verified local agent confirms within 24h.
Buying this business?
Acquisition financing works differently from a property mortgage. Tell our partner brokers at iShopRates what you are buying and they will come back with options.
Ask about acquisition financing →No similar listings for sale right now.
$749,000
Rainy River Remote Area