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$1,250,000
$1,350,000For salePrice drop↓ $100,000 (7%)

12343 Lakeshore Road, Wainfleet (Lakeshore) - Business for Sale

12343 Lakeshore Road, Wainfleet (Lakeshore), Ontario, L0S1V0

7 bathsListed 113 days ago
Overview

This business in Wainfleet is for sale.

Description

This is an opportunity of a lifetime! Seven adorable cottages on one lot with an incredible sand beach in beautiful Long Beach. Two cottages are fully winterized. On-site water system services all cottages and 3 holding tanks are available for sewage disposal. Cottages come fully furnished with all amenities including bedding, kitchen supplies and furnishings. Enjoy balmy evenings sitting on your concrete patio as you watch the best sunsets ever or enjoy a cool cocktail under the Tiki umbrella while the kids play on the endless sand beach and float in the warm waters of Lake Erie. Enjoy all that this area has to offer including Famous DJ'S restaurant, Hippos, family friendly Long Beach Country Club and beautiful Port Colborne with its unique eateries and boutiques. Love hiking...Niagara has amazing trails. Thinking wine or craft beer...Niagara has endless options. So call your family and friends and enjoy Lake living this season. Immediate possession is available. Most cottages totally renovated within the last few years. Can be used as a monthly rental with no license. An additional lot on the North side of Lakeshore is also available for sale for additional parking (id:66096)

Property Details

MLS®
X13571386
Property Type
Business
Business Type
Accommodation
Zoning
RLS.C15
Bathrooms
7
Lot Size
23,958 sq ft (0.55 ac)
Frontage
50 ft
Heating
Baseboard heaters
Cooling
Fully air conditioned
Waterfront
Yes
Property Tax
$10,525/yr
Listed
113 days ago

Services

Water
Dug Well

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
113d
Wainfleet (Lakeshore) listings, avg age
96d
List price
$1.25M

Long Listed: 113 days on market, against an average age of 96 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 62 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 93.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This business in Wainfleet (Lakeshore) is available now. Want me to connect you with the agent or keep you posted on any price updates?

Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE · Kate Ostryhon-Lumsden

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L0S)

This home lists at $1,250,000, about 13.2× the local median household income of $95,000.

Carrying it typically needs a household income of about $244,169 (20% down, 25-yr amortization, stress-tested) — roughly 157% above the area median.

Median household income
$95,000
Population
60,409
Median age
53.2
Owner / renter
87% / 13%
Avg. household size
2.4

Source: Statistics Canada, 2021 Census (FSA L0S)

$1,250,000
For sale

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$1,250,000

Wainfleet

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