374100 Highway 11b Coleman, Ontario P0J 1C0
$1,290,000
Boasting 1000+ feet of shoreline with all exposures on approx. 13 acres on Gillies Lake in a town filled with history. Quiet, remote, with abundant wildlife, yet is located right off of 11B highway and within 15 minutes from the Lakefront towns of Haileybury & New Liskeard, on the Timiskaming shores. An established business is being sold with the property consisting of 5 renovated (2019) 4-season cottages with bookings all year. Guests include holidaymakers, nature enthusiasts, and longer-term stays for trades and construction people working in the area. Gross income last fiscal year approx $122,000. Expenses approx. $50,000. There is an RV site with 14 stalls and two boat launches. Additional structures are being upgraded for additional income streams. Beautiful site to build an owner's suite. There is potential to utilize the RV stalls as glamping areas or construct additional cabins. Those with landscaping skills could transform this property from something special to amazing!**** EXTRAS **** Year-round activities. Hiking. Swimming. Boating. Rock climbing. Shopping. Theatre. Dining. Directly on snow mobile trails. Ice Fishing. Cross-country skiing. ATV trail. Downhill skiing & snowboarding 20 minutes away. (id:55198)
Business
| Business Type | Accommodation |
| Business Sub Type | Cottage/Cabin Rental |
Property Details
| MLS® Number | X7211822 |
| Property Type | Business |
| Amenities Near By | Highway |
| Features | Conservation/green Belt |
| Parking Space Total | 10 |
Building
| Bathroom Total | 8 |
| Size Interior | 6500 Sqft |
Land
| Acreage | No |
| Land Amenities | Highway |
| Sewer | Septic System |
| Size Irregular | 1425.6 Ft ; Lot Irregular |
| Size Total Text | 1425.6 Ft ; Lot Irregular |
https://www.realtor.ca/real-estate/26165413/374100-highway-11b-coleman
Interested?
Contact us for more information
Teia Eagar
Broker
(416) 903-5073
https://teiaeagar.com
https://www.facebook.com/TeiaEagarRealEstate/
https://www.linkedin.com/in/teiaeagarrealty/
23 Lesmill Rd #401
Toronto, Ontario M3B 3P6
(416) 504-6133
www.bhhstoronto.ca/
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October 12 2023 08:31:28
Toronto Real Estate Board
Berkshire Hathaway Homeservices Toronto Realty