48 WILSON LAKE Crescent, Parry Sound, Unorganized District, ON Image 1

$3,200,000

Sale Of Business For Sale
MLS - #X11964189
Feb 9- By FAIR AGENT REALTY

48 WILSON LAKE Crescent, Parry Sound, Unorganized District, ON P0H 1Y0

Bed
Bath
4000 Sqft.
None Garage

Property Description

Property type

Sale Of Business

Lot size

N/A

Style

Approx. Area

4000 Sqft

About 48 WILSON LAKE Crescent

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.

Home Overview

Last updated

Feb 9

Virtual tour

None

Basement information

Building size

4000

Status

In-Active

Property sub type

Sale Of Business

Maintenance fee

$N/A

Year built

--

Additional Details

Basement:N/A
Cooling:Yes
Heating:Other
Parking Features:N/A
0
Similar Homes Found
$0
Average Price
320000000.0%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Location

Walking Icon

Walk Score for 48 WILSON LAKE Crescent

Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$12221.83/ month
$2,560,000 Principal and Interest
$3,072,000 Property Taxes

Some information about this property - WILSON LAKE Crescent

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