Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
Financials
Price:C4,500,000
($3,216,400)
(€2,770,300)
Annual Taxes:C15,050
Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario
An extraordinary opportunity to own a thriving waterfront resort business on 22 acres of prime sandy beach shoreline.
Description
An extraordinary opportunity to own a thriving waterfront resort business on 22 acres of prime sandy beach shoreline. Echo Beach Cottage Resort features an owner-operated resort consisting of 10 income-generating cottages plus a spacious 4-bedroom, 3-bathroom main residence. Accommodations include 1 bachelor cabin, 5 two-bedroom cabins, 3 three-bedroom cabins, and 1 five-bedroom cabin, catering to a wide range of vacationers and group sizes. Each cabin enjoys its own private dock, offering guests direct access to the water and an enhanced waterfront experience. Guests enjoy an exceptional resort atmosphere with a beautiful sandy beach, inflatable water park, 9-hole mini-putt course, excellent fishing, and countless recreational opportunities. The resort boasts strong occupancy and a loyal base of repeat guests, creating a proven and successful business model. Weekly rental rates currently range from $1,695 to $6,495 per cabin, with the potential to generate over $1.4 million in annual gross revenue at full occupancy under current operations. Beyond its established income stream, the property's expansive 22-acre footprint presents outstanding future development potential. Whether expanding accommodations, adding new amenities, or exploring additional revenue streams, the opportunities are substantial. Combining an established resort business, exceptional waterfront amenities, private docks, and tremendous growth potential, Echo Beach Cottage Resort is a rare investment opportunity where lifestyle and profitability meet. The possibilities are endless, and the sky is truly the limit.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.