haho.ca
$2,400,000
For sale

121 Varty Road, Tweed (Elzevir (Twp)) - Business for Sale

121 Varty Road, Tweed (Elzevir (Twp)), Ontario, K0K3J0

3,676 ft²Listed 82 days ago
Overview

This business in Tweed is for sale offering roughly 3,676 sq ft of space. It has been on the market 82 days, fresher than the Tweed average of 131 days.

Description

Excellent turnkey seasonal campground opportunity in Eastern Ontario, just minutes from Tweed. Situated on approximately 24.88 acres with an impressive 3,300 feet of frontage on the picturesque Skootamatta River, this pristine campground offers a unique blend of natural beauty and proven income potential. Open May through October, the park features 85 sites, including 69 seasonal sites (45 with hydro/water and 24 full-service hydro/water/septic), 4 serviced overnight sites, 9 unserviced tent sites, and 2 modern riverfront rental cottages built in 2019. The property is serviced by an MOECC-approved septic system and includes numerous amenities and outbuildings, including a campground store/office, washroom and laundry building, pavilion, gated entrance, Big Bouncer jumping pillow, playgrounds, fenced dog park, sandy beach, and more. Operate the campground as a successful turnkey seasonal business or capitalize on the property's significant growth potential by expanding overnight camping, adding additional roofed accommodations, or introducing new revenue streams. An additional 5-acre parcel (MLS X12918228) is also available and could be negotiated as part of the purchase. *Note listing price is for a Share Sale (purchase of operating company). Asset sale (real estate and improvements) is $2,600,000. (id:66096)

Property Details

MLS®
X13676226
Property Type
Business
Business Type
Recreation
Zoning
RRC/EP
Interior Size
3,676 ft²
Lot Size
24 acres
Heating
Other
Cooling
None
Waterfront
Yes
Property Tax
$6,636/yr
Listed
82 days ago

Features

Lot Features
Irregular lot size

Services

Sewer
Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
82d
Tweed (Elzevir (Twp)) listings, avg age
131d
Price / ft²
$653
List price
$2.40M

Long Listed: 82 days on market, against an average age of 131 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 61 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 94.7 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This business in Tweed (Elzevir (Twp)) has been listed for 82 days, which is 49 days fresher than the city average of 131. Act while there is still low competition.

Listed by Royal LePage Heartland Realty · MATT DEN HOLLANDER

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0K)

This home lists at $2,400,000, about 28.9× the local median household income of $83,000.

Carrying it typically needs a household income of about $468,804 (20% down, 25-yr amortization, stress-tested) — roughly 465% above the area median.

Median household income
$83,000
Population
115,850
Median age
50.8
Owner / renter
86% / 14%
Avg. household size
2.4

Source: Statistics Canada, 2021 Census (FSA K0K)

$2,400,000· $653/ft²
For sale

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$2,400,000

Tweed

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