haho.ca
$725,000
For sale

1801 HWY 71, Sioux Narrows-Nestor Falls - Business for Sale

1801 HWY 71, Sioux Narrows-Nestor Falls, Ontario, P0X1K0

Listed 233 days ago
Overview

This business in Sioux Narrows-Nestor Falls is for sale.

Description

Red Deer Lodge could be purchased as a private family compound, operated as rental housekeeping cabins, or developed and sold as individual condominium cabins. Established in 1932, Red Deer Lodge was a premier Canadian hunting & fishing resort destination for many years. Located one mile north of Nestor Falls on Sabaskong Bay, Lake of the Woods, the 1.64 acre peninsula features 830 feet of rock and boulder studded shoreline owned to the high water mark. The low profile property offers south, west and north exposure with no immediate neighbors. The terrain is level with rock outcrops and thick towering pines. In the fall of 2014, fire razed the main lodge and four outbuildings. There are 10 seasonal housekeeping cabins on the property ranging from 362 s/f to 703 s/f. Cabins are constructed of vertical log and/or horizontal log and some have partial frame additions. Each cabin has a kitchenette, one or two bedrooms, a bathroom, and some have living rooms. Cabins have propane space heaters and stoves. In 2015, a three-season utility cabin was constructed to house the 200-amp electrical service, water system pressure tank and laundry facilities. Near the water's edge is a boathouse with fish cleaning station and sundeck plus a concrete boat ramp. Amenities include underground hydro to the property with overhead lines to the cabins; 200-amp electrical service; 245' drilled well (2002); electric hot water tanks and two septic holding tanks. There is cellular service at this location and WiFi is available. Advance notice required for viewings please. 13% HST applies to the purchase price. (id:66096)

Property Details

MLS®
X13511046
Property Type
Business
Business Type
Accommodation
Zoning
Tourist Commercial
Lot Size
1.64 acres
Frontage
830 ft
Basement
Other, See Remarks, N/A
Heating
Propane, Other
Cooling
None
Waterfront
Yes
Property Tax
$4,333/yr
Listed
233 days ago

Features

Foundation
Poured Concrete
Exterior
Log

Services

Utilities
Electricity Connected

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
233d
Sioux Narrows-Nestor Falls listings, avg age
177d
List price
$725K

Long Listed: 233 days on market, against an average age of 177 days across the listings currently for sale in this city

Haho

This business in Sioux Narrows-Nestor Falls is available now. Want me to connect you with the agent or keep you posted on any price updates?

Listed by Re/Max First Choice Realty Ltd. · Greg Kirby

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P0X)

This home lists at $725,000, about 9.6× the local median household income of $75,500.

Carrying it typically needs a household income of about $141,618 (20% down, 25-yr amortization, stress-tested) — roughly 88% above the area median.

Median household income
$75,500
Population
8,410
Median age
43.6
Owner / renter
91% / 9%
Avg. household size
2.5

Source: Statistics Canada, 2021 Census (FSA P0X)

$725,000
For sale

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$725,000

Sioux Narrows-Nestor Falls

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