4650 HWY 11/17, Oliver Paipoonge, Ontario, P7K0J1
This lot in Oliver Paipoonge is for sale offering roughly 25 sq ft of space.
For astute investors seeking high-yield assets or individuals desiring a tranquil lifestyle, this 25-acre campground and mobile home park presents a turnkey investment opportunity with consistent cash flows. The property comprises 95 developed sites, including 63 seasonal camp areas-:38 Big Rig Drive Thru sites equipped with full hookups-18 electric-only sites, seven non-hydro sites, and an additional two camping cabins. Amenities include a laundromat, shower and toilet facilities, and 1,000 sq ft swimming pool and hot tub. The 30-site mobile home park community (55+) generates consistent monthly income year-round, with potential availability of an additional 20+ sites (subject to municipal and provincial approval). The property includes a custom-built 3-bedroom home with private sauna and storefront. Conveniently situated 20 minutes from Thunder Bay and just half a mile from Kakabeka Falls (major tourist attraction), the property offers both accessibility and scenic surroundings. It is especially suitable for couples interested in onsite living, seasonal management, winter recreational opportunities and work/life balance. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 211 days on market, against an average age of 73 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 23 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 104.6 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This vacant land in Oliver Paipoonge 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 $2,500,000, about 21.2× the local median household income of $118,000.
Carrying it typically needs a household income of about $488,338 (20% down, 25-yr amortization, stress-tested) — roughly 314% above the area median.
Source: Statistics Canada, 2021 Census (FSA P7K)
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