5333 Highway 124 Highway, Magnetawan, ON Image 1

$1,100,000

Investment For Sale
MLS - #X12046308
2 days ago- By eXp Realty

5333 Highway 124 Highway, Magnetawan, ON P0A 1P0

Bed
Bath
4575 Sqft.
None Garage

Property Description

Property type

Investment

Lot size

N/A

Style

Approx. Area

4575 Sqft

About 5333 Highway 124 Highway

A Lakeside Paradise ~ Multiple revenue streams. Welcome to Quiet Bay Inn & Cafe (Business and Personal Residence Package). Two listings offered as one purchase. Nestled among the forest on the shores of beautiful Ahmic Lake, Quiet Bay Inn & Cafe promises peace and tranquility with all modern conveniences situated on 16.4 acres. Relax on Ahmic Lake - enjoy swimming, boating, canoeing, kayaking plus excellent fishing! Create iconic Canadian family memories! This stunning cedar Panabode oasis features a 10 suite Inn, vaulted ceilings, 4 with kitchenettes, 2 are wheelchair accessible. This four season Inn with in-ground pool showcases the best of Magnetawan - ATVing, Snowmobiling, fishing, lakefront, hiking trails - just 8km West of the historic Village of Magnetawan. Extra revenue available as the 1068 sq ft cafe is currently serving breakfast & lunch - cater to the Inn guests and the community, this successful business also has a 768 sq ft, 2 bedroom cottage on the grounds, ideal for added income or staff housing. Excellent ratings, high standard of cleanliness , ease of access via Hwy 124. Book your private showing today, by appointment only.

Home Overview

Last updated

2 days ago

Virtual tour

None

Basement information

Building size

4575

Status

In-Active

Property sub type

Investment

Maintenance fee

$N/A

Year built

2024

Additional Details

Basement:N/A
Cooling:No
Heating:Other
Parking Features:N/A
0
Similar Homes Found
$0
Average Price
110000000.0%
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 5333 Highway 124 Highway

Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$4201.25/ month
$880,000 Principal and Interest
$1,056,000 Property Taxes

Some information about this property - Highway 124 Highway

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