haho.ca
$1,600,000
For sale

Allen's Crow Lake Road, Sioux Narrows-Nestor Falls (TB-523) - Business for Sale

Allen's Crow Lake Road, Sioux Narrows-Nestor Falls (TB-523), Ontario, P0X1K0

Listed 113 days ago
Overview

This business in Sioux Narrows-Nestor Falls is for sale. It has been on the market 113 days, fresher than the Sioux Narrows-Nestor Falls average of 218 days.

Description

A rare opportunity to own a tourist camp on beautiful Crow Lake in Northwestern Ontario. Set on approximately 6.54 acres with 360 feet of shoreline, this property offers a sand beach, protected harbour, main lodge, six guest cabins, a mobile home, and a modern owner?s residence. The 1,280 sq. ft. owner's residence features 2 bedrooms, 2 bathrooms, dual-pane windows, low-maintenance exterior finishes, a Jotul wood-burning stove, a drilled well, a septic system, and a wood-fired sauna. The main lodge, originally built around 1936 with an addition in 2004, includes 3 bedrooms, 1 bathroom, an office, and lodge space with a history of American Plan use. Guest accommodations include five 2-bedroom cabins and two 1-bedroom cabins, each with a 3-piece bathroom and screened porch, plus a 2-bedroom mobile home with a screened porch. Part of the camp?s operation includes a fly-in-only cabin located approximately 16 air miles from Nestor Falls. The cabin is situated on Crown land under an existing MNR Land Use Permit (LUP). The camp operation also includes a separate MNR LUP on nearby Lake of the Woods, allowing guests to trailer their boat over and fish Lake of the Woods for the day, as well as an LUP allowing for one small boat on Cedar Tree Lake. (LUPs are not being represented as transferable assets. Buyer is to complete their own due diligence with MNR regarding continued use, replacement permits, terms, conditions, expiry, fees, and approval requirements.) A well-rounded waterfront property with strong recreational appeal and excellent potential for an owner-operator, family retreat, or continued tourism use. (id:66096)

Property Details

MLS®
X13563374
Property Type
Business
Business Type
Accommodation
Lot Size
6.54 acres
Frontage
360 ft
Basement
Other, See Remarks, N/A
Waterfront
Yes
Property Tax
$4,683.96/yr
Listed
113 days ago

Services

Utilities
Telephone, Electricity Connected

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
113d
Sioux Narrows-Nestor Falls (TB-523) listings, avg age
218d
List price
$1.60M

Long Listed: 113 days on market, against an average age of 218 days across the listings currently for sale in this city

Haho

This business in Sioux Narrows-Nestor Falls (TB-523) has been listed for 113 days, which is 105 days fresher than the city average of 218. Act while there is still low competition.

Listed by Northwoods Realty Ltd. · Jacob Bennett

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P0X)

This home lists at $1,600,000, about 21.2× the local median household income of $75,500.

Carrying it typically needs a household income of about $312,536 (20% down, 25-yr amortization, stress-tested) — roughly 314% 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)

$1,600,000
For sale

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$1,600,000

Sioux Narrows-Nestor Falls

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