0 BIRCH POINT CAMP ON NUNGESSER LAKE, Red Lake - Business for Sale
0 BIRCH POINT CAMP ON NUNGESSER LAKE, Red Lake, Ontario, P0V2M0
This business in Red Lake is for sale. It has been on the market 10 days, fresher than the Red Lake average of 143 days.
Description
Welcome to Birch Point Camp on beautiful Nungesser Lake in Northwestern Ontario! This boat-access-only resort offers an incredible opportunity to own and operate your own fishing and vacation destination. With 8 fully equipped guest cabins ranging from 2 to 5 bedrooms, each with full kitchens, the property offers plenty of guest accommodations and room for future expansion. A separate owner's cabin provides accommodations for those operating the resort, along with two additional cabins that offer the potential to be converted back into staff accommodations. The property also features a commercial kitchen and dedicated building, offering the exciting potential to reintroduce an American Plan with meal services for guests. The newly constructed dock (2025/2026) can accommodate up to 24 boats. Pride of ownership is evident throughout, with numerous updates and improvements completed over the past several years. This turnkey operation includes boats, motors, and the equipment and essentials needed to keep the business running. Surrounded by the natural beauty of Northwestern Ontario, Birch Point Camp is ready for its next chapter, with opportunities to expand services and grow the business while carrying on its legacy. A fantastic opportunity to enter the recreational tourism industry! (id:66096)
Property Details
- MLS®
- X14117418
- Property Type
- Business
- Business Type
- Accommodation
- Zoning
- UNORGANZIED
- Lot Size
- 4.78 acres
- Frontage
- 512 ft
- Cooling
- None
- Garage
- Other
- Waterfront
- Yes
- Property Tax
- $979.91/yr
- Listed
- 10 days ago
Features
- Lot Features
- Irregular lot size
Features and services as supplied by the listing brokerage.
Market Timing
Active: 10 days on market, against an average age of 143 days across the listings currently for sale in this city
Homes here sell below asking price
Homes in this market sold for an average of 94.7 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This business in Red Lake has been listed for 10 days, which is 133 days fresher than the city average of 143. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (P0V)
This home lists at $848,000, about 11.9× the local median household income of $71,500.
Carrying it typically needs a household income of about $165,644 (20% down, 25-yr amortization, stress-tested) — roughly 132% above the area median.
- Median household income
- $71,500
- Population
- 22,944
- Median age
- 30.8
- Owner / renter
- 77% / 23%
- Avg. household size
- 3.1
Source: Statistics Canada, 2021 Census (FSA P0V)
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$848,000
Red Lake