21 Naiscoot Lake Road, The Archipelago (Archipelago North) - Business for Sale
21 Naiscoot Lake Road, The Archipelago (Archipelago North), Ontario, P0G1K0
This business in The Archipelago is for sale offering roughly 1,864 sq ft of space. It has been on the market 18 days, fresher than the The Archipelago average of 128 days.
Description
Bring your Northern Ontario resort vision to life on the shores of Naiscoot Lake. Situated in the Pointe-au-Baril area, this former resort spans approximately 5 acres with 460 feet of shoreline. Known as Naiscoot Lake Resort and formerly Brints Fishing & Hunting Lodge, the property offers an opportunity to build on its longstanding hospitality roots in a region celebrated for fishing, hunting and outdoor adventure. The property includes nine cabins, a cottage, storage barn, fishing hut and a main building with two bedrooms and the resort's main dining room. This collection of buildings provides a starting point for buyers with the vision to restore and revitalize a traditional lakeside retreat. Most furniture and equipment are included in the sale. Resort Commercial zoning permits a range of uses, including housekeeping cabins or rental cottages, a lodge, motel or hotel, retail store and restaurant. Permitted accessory uses include boat docking, boat storage buildings or structures, boat and watercraft rentals and sales and fuel sales, subject to applicable zoning provisions and approvals. Enjoy the natural beauty of Naiscoot Lake, nearby fishing and hunting opportunities, and close proximity to the spectacular waters and islands of Georgian Bay. The property requires TLC and offers considerable potential for those ready to write its next chapter. Multiple septic systems are located on site; please call for septic documentation and further details. Don't miss this compelling opportunity to reimagine a Northern Ontario destination rooted in history. (id:66096)
Property Details
- MLS®
- X14091672
- Property Type
- Business
- Business Type
- Accommodation
- Zoning
- RC (Resort Commercial)
- Interior Size
- 1,864 ft²
- Lot Size
- 5.00 acres
- Frontage
- 460 ft
- Heating
- Not known
- Cooling
- None
- Property Tax
- $6,958.93/yr
- Listed
- 18 days ago
Features
- Appliances
- Furniture
- Lot Features
- Irregular lot size
Services
- Water
- Drilled Well, Lake/River Water Intake
Features and services as supplied by the listing brokerage.
Market Timing
Active: 18 days on market, against an average age of 128 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 103 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This business in The Archipelago (Archipelago North) has been listed for 18 days, which is 110 days fresher than the city average of 128. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (P0G)
This home lists at $999,000, about 13.9× the local median household income of $72,000.
Carrying it typically needs a household income of about $195,140 (20% down, 25-yr amortization, stress-tested) — roughly 171% above the area median.
- Median household income
- $72,000
- Population
- 3,553
- Median age
- 58
- Owner / renter
- 92% / 8%
- Avg. household size
- 2.1
Source: Statistics Canada, 2021 Census (FSA P0G)
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$999,000
The Archipelago