328 Sunny Ridge Road, Sundridge - Business for Sale
328 Sunny Ridge Road, Sundridge, Ontario, P0A1Z0
Description
Nestled in the Breathtaking Almaguin Highlands and backing onto a purposed 15 lot luxury adult community is The Ridge Golf Club. Just Minutes from Sundridge and the Pristine Shores of Bernard Lake, The Ridge Golf Club presents a rare and Exceptional Opportunity to acquire a Fully Turnkey, Legacy Hospitality and Recreation Business with over 75 Years of Established Community History. Set on 28 Acres of picturesque cottage country, this Premier Property masterfully Combines Scenic Outdoor Recreation with high-volume Hospitality Operations. The offering features a Meticulously Maintained 9-hole Executive Golf Course, complemented by a Stunning 4,500 sq. ft. Licensed Clubhouse designed for both everyday service and Large-Scale Events. The clubhouse includes a 90-Seat Indoor Event and Dining Space, an expansive 120-Seat Outdoor Stone Patio, a Charming Muskoka Room, and a newer, fully equipped commercial kitchen, creating an Ideal Venue for Tournaments, Weddings, Private Functions, and seasonal Tourism Traffic. Strong and Diversified Revenue Streams are supported by a Loyal Membership Base, active League Play, a well-established Junior Program, and consistent Pro-Shop Sales. Additional Upside is found in its Highly Desirable "Stay-and-Play" Accommodations, including a Thoughtfully Integrated Upper-Level 3-Bedroom, 1-Bath Residential Suite ideal for a Boutique Bed & Breakfast or Owner's Residence, as well as a Separate 1-Bedroom basement Apartment with Private Entrance. Located just 30 Minutes North of Huntsville and offered fully equipped with All Essential Maintenance Machinery, The Ridge Golf Club represents a Truly Unique Lifestyle and Investment Opportunity. Perfect for an Entrepreneur or Discerning Buyer, this Remarkable Property Offers both Immediate Operational Income and Significant Long-Term Growth Potential within one of Ontario's Most Sought-After Recreation Corridors. A Vendor Take-Back Mortgage (VTB) Option is Available with a 30% Down Payment (OAC). (id:66096)
Property Details
- MLS®
- X13565314
- Property Type
- Business
- Business Type
- Recreation
- Zoning
- CT & OS
- Bathrooms
- 4
- Lot Size
- 28 acres
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $5,491.26/yr
- Listed
- 113 days ago
Services
- Water
- Drilled Well
- Sewer
- Septic System
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 113 days on market, against an average age of 59 days across the listings currently for sale in this city
Homes here sell close to asking price
Homes in this market sold for an average of 97.5 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
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Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (P0A)
This home lists at $1,799,900, about 26.5× the local median household income of $68,000.
Carrying it typically needs a household income of about $351,583 (20% down, 25-yr amortization, stress-tested) — roughly 417% above the area median.
- Median household income
- $68,000
- Population
- 17,822
- Median age
- 56.8
- Owner / renter
- 87% / 13%
- Avg. household size
- 2.2
Source: Statistics Canada, 2021 Census (FSA P0A)
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$1,799,900
Sundridge