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$2,500,000
Available - For Sale
Listing ID: X8042074
Turn-key investment opportunity steps from the sandy shores of Lake Huron. Boutique style four-seasons cottage resort, appealing to an exclusive clientele base and generating an impressive stream of income. This exceptional package features almost a full acre of prime real estate along the Lake Huron coast and a well established, family-run heritage business. With 5 fully furnished cottages, this property offers incredible income potential. Ideal for short-term rentals, vacation stays, and even year-round tenants, you can enjoy a steady stream of income while reaping the benefits of property appreciation. Each cottage exudes rustic charm and comfort, providing a true cottage experience. From cozy interiors to the outdoor decks, these cottages are designed for relaxation and enjoyment. The cottages come turnkey ready, with a proven track record of successful rentals. Efficient property management systems are in place to help you maximize your income.
Extras:   With room for even more value-added opportunity and potential future development, this property presents a great addition to your portfolio. Centrally located between Inverhuron Provincial Park and Bruce Power.
Price $2,500,000
Taxes: $4,166.05
Tax Type: Annual
Occupancy by: Tenant
Address: 88 Victoria St West , Kincardine, N0G 2T0, Ontario
Postal Code: N0G 2T0
Province/State: Ontario
Legal Description: LOTS 1 AND 2 AND PART LOT 30 PLAN 361 AN
Lot Size: 274.58 x 178.14 (Feet)
Directions/Cross Streets: Highway 21
Zoning: R3-x
Category: Accommodation
Use: Cabins/Cottages
Building Percentage: Y
Total Area: 36,619
Total Area Code:  Sq Ft
Area Influences: Major Highway  
Approximatly Age: 31-50
Financial Statement: Y
Chattels: Y
Sprinklers: N
Outside Storage: N
Crane: N
Soil Test: N
Truck Level Shipping Doors #: 0
Drive-In Level Shipping Doors #: 0
Grade Level Shipping Doors #: 0
Heat Type: Propane Gas
Central Air Conditioning: N
Elevator Lift: None
Water: Municipal
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
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This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
KELLER WILLIAMS REALTY CENTRES

88 Victoria St West , Kincardine, N0G 2T0, Ontario


 
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At a Glance:
Type: Com - Investment
Area: Bruce
Municipality: Kincardine
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Style:
Lot Size: 274.58 x 178.14(Feet)
Approximate Age: 31-50
Tax: $4,166.05
Maintenance Fee: $0
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Garage: 0
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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