Homes for sale - 48 WILSON LAKE CRES, Parry Sound Remote Area, ON P...

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Fawad Nissari

eXp Realty

fawad.nissari@exprealty.com +1(416) 878-1085

$ 3,200,000

Est. payment | -/mo

4,000 SqFt

Save Virtual Tour

$ 3,200,000

Est. payment | -/mo

Save Virtual Tour

4,000 SqFt

Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Active

Purchase Type For Sale

Square Footage 4,000 sqft

Price per Sqft $800

Subdivision Port Loring

MLS Listing ID X11964189

Annual Tax Amount $8,550

Tax Year 2024

Property Sub-Type Sale Of Business

Property Description

Discover The Port Shores, a distinguished lakeside business at 48 Wilson Lake Crescent, Port Loring part of the Pickerel River system. This thriving staple in the Parry Sound Region lake community offers significant growth potential. Operating seasonally from May through October, The Port Shores features a range of amenities for both locals and visitors. The Lakeview Cafe offers stunning views and a cozy atmosphere, while Tommy's Food Bar serves casual fare. Saturdays, the on-site gift shop, offers unique finds. Additionally, the property includes a meeting room ideal for intimate weddings, ceremonies, parties, and business meetings. Additionally, 3 pontoon boats for lake tours are included, offering a lucrative opportunity to enhance guest experiences and generate additional revenue. The upper level includes a spacious 1,300 sq. ft. two-bedroom apartment, offering on-site accommodation or rental potential. The business is well-established with a solid customer base. Vendor take-back financing is available for a portion of the purchase price. The current owners are committed to a smooth handover, offering to stay on for a season to assist with operations. The property spans 1.8 acres, allowing for additional rental cottages, supported by the existing engineered septic bed and high-quality municipal water. Expansion is encouraged, with grounds primed for 4-5 additional cottages, ideal for Airbnb rentals. There is also an opportunity to extend the operational season to capitalize on local demand and snowmobile traffic in winter months. Adjacent waterfront property is available for purchase, presenting an unparalleled opportunity to expand the footprint of this already impressive venture. The Port Shores is a rare opportunity to own a versatile and expandable business in one of Ontario's most scenic locales. Whether you're looking to invest in a flourishing business, develop a lakeside resort, or enjoy both, The Port Shores offers limitless possibilities.

Location

Province ON

County Parry Sound

Community Port Loring

Area Parry Sound

Rooms

Kitchen 0

Interior

Cooling Yes

Exterior

Utilities Available Yes

Lot Frontage 193.0

Lot Depth 528.0

Building

New Construction false

Others

Virtual Tour https://www.youtube.com/watch?v=Rmgffeq49Kw

Listed by FAIR AGENT REALTY

When it comes to Real Estate, it's not just a transaction; it's a relationship built on trust and honesty. I understand that buying or selling a home is one of the most significant financial decisions you will make in your lifetime, and that's why I take my role very seriously. I make it my mission to ensure that my clients are well informed and comfortable with the process every step of the way.

+1(416) 878-1085

fawad.nissari@exprealty.com

420 Main St E Unit 556, Milton, ON, L9T 5G3, CAN

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48 WILSON LAKE CRES Parry Sound Remote Area, ON P0H 1Y0