$2,790,000
Espanola
Espanola, Ontario, P0P2H0
This 24-bedroom, 14-bathroom cottage in Espanola is for sale offering roughly 7,500 sq ft of space.
Escape to your own slice of paradise with this exceptional fishing and family resort nestled on the picturesque shores of Lake Panache! The Mountain Cove Lodge is situated on 61 sprawling acres of natural beauty and this resort offers an unparalleled opportunity to own an amazing business on a stunning waterfront setting. Boasting a collection of 12 cozy cottages, a charming log cabin, and a unique houseboat, this resort provides guests with a variety of accommodation options to suit their needs. The lakeside views are simply breathtaking, inviting visitors to relax and unwind in the tranquility of nature. Guests can enjoy a range of amenities, including a well-equipped filet shack for preparing the day's catch, campfire pits for cozy evenings under the stars, and saunas for the ultimate relaxation experience. With almost 800 feet of water frontage, multiple docks, and, sandy beaches, fishing enthusiasts and family vacationers will delight in the abundance of opportunities to relax or reel in their next big catch. The resort comes fully equipped with 13 boats, ensuring that guests can explore the crystal-clear waters of Lake Panache with ease. Additional amenities such as a fire truck, a gas station, a Cat front loader, and a Polaris side by side, make this resort a turnkey opportunity for the savvy investor. With extremely low property taxes, this resort presents a rare chance to own a profitable business in a sought-after location. Whether you're looking to continue the legacy of this beloved family resort or embark on a new adventure in the hospitality industry, this property offers endless possibilities for growth and success. Don't miss out on the chance to own this exceptional fishing and family resort - a true gem on the shores of Lake Panache. This is your opportunity to own a piece of paradise and create unforgettable memories for generations to come. Don’t delay, call today! (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 267 days on market, against an average age of 60 days across the listings currently for sale in this city
This 24-bed recreational in Espanola is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $2,790,000, about 43.6× the local median household income of $64,000.
Carrying it typically needs a household income of about $544,985 (20% down, 25-yr amortization, stress-tested) — roughly 752% above the area median.
Source: Statistics Canada, 2021 Census (FSA P0P)
Pick a time that suits you. A verified local agent confirms within 24h.
Commercial lenders price on income, tenancy, and zoning rather than posted rates. Our partner mortgage brokers at iShopRates structure the file and shop lenders for you.
Inquire about financing →
