4103 HWY 72, Sioux Lookout (TB-654) - Business for Sale
4103 HWY 72, Sioux Lookout (TB-654), Ontario, P8T0A7
Description
An exceptional opportunity awaits with this fully equipped, income-generating tourist camp nestled on Butterfly Lake, offering water access to the renowned MapB lake system. A nature lover's paradise, this camp features 9 cozy guest cabins?each with its own bathroom?and a total of 44 beds, all boasting stunning lake views. Mature pines surround the property, adding privacy and rustic charm. Outdoor enthusiasts will enjoy 8 exclusive Bear Management Areas, offering 25 licensed bear hunts annually, along with a coveted bull and calf moose tag. For RV travelers, 9 spacious, serviced RV sites are ready for guests. Just steps from the shoreline, a newer boathouse/garage makes gear storage simple and efficient. Additional amenities include a central shower house for guest use, a comfortable staff house, and a 3-bedroom, 1-bathroom owner?s residence with office space?perfectly located at the heart of the property for convenience and oversight. All cabins and common areas are well-maintained and functional, designed to provide guests with the authentic northern experience in total comfort. Whether guests are casting a line, chasing trophy game, or simply soaking in the lakefront sunsets, this camp delivers unforgettable wilderness adventures. Located only 20 minutes from downtown Sioux Lookout, with year-round road access, this is a rare chance to own a piece of Northwestern Ontario?s outdoor heritage. Whether expanding an outfitting business or living the lodge lifestyle, this camp is ready to go. (id:66096)
Property Details
- MLS®
- X13255620
- Property Type
- Business
- Business Type
- Accommodation
- Lot Size
- 7.42 acres
- Frontage
- 624 ft
- Basement
- Crawl space, None
- Heating
- Radiant heat, Oil, Propane, Wood
- Waterfront
- Yes
- Property Tax
- $8,966.21/yr
- Listed
- 461 days ago
Features
- Foundation
- Wood, Block
- Exterior
- Steel, Wood
- Lot Features
- Irregular lot size
Services
- Sewer
- Septic System
- Utilities
- Cable, Telephone, Electricity Connected
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 461 days on market, against an average age of 461 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 70 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 98.9 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This business in Sioux Lookout (TB-654) has been listed for 461 days, right at the city average. A solid opportunity worth looking into.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (P8T)
This home lists at $1,780,000, about 17.3× the local median household income of $103,000.
Carrying it typically needs a household income of about $347,696 (20% down, 25-yr amortization, stress-tested) — roughly 238% above the area median.
- Median household income
- $103,000
- Population
- 5,541
- Median age
- 37.2
- Owner / renter
- 66% / 34%
- Avg. household size
- 2.5
Source: Statistics Canada, 2021 Census (FSA P8T)
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$1,780,000
Sioux Lookout