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Welcome to Trent River Paradise Escape - a piece of paradise nestled on the historic Trent-Severn Waterway; one of Ontario's favourite recreational boating routes. Sandy beach resort offers several docks and eight separa...
Asking Price : $6,977,700
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 2
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Well here's an opportunity of a lifetime! Horseshoe Pines Marina is now FOR SALE!!!rnThis is the only marina located on the popular Horseshoe Lake located 10 minutes south of Parry Sound in the township of Seguin. Onsite...
Asking Price : $2,499,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 1,248
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Developers take note of this outstanding investment opportunity - part of a larger offering which totals 36 acres with 1,360 feet of waterfront in the coveted Lake of Bays region of Muskoka. The Landscapes property boast...
Asking Price : $14,900,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 12,000
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
A fantastic opportunity awaits you just steps away from the sandy shores of Lake Huron! This boutique-style, four-seasons cottage resort caters to an exclusive clientele base, offering a lucrative source of income. Here'...
Asking Price : $2,500,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 4,049
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Welcome to Resort Living on Angus Lake in Temagami. This 5.45 acre point has over 1050' of natural shoreline with clear, deep water and panoramic views. Breathtaking sunsets and remarkable fishing. The small beach is per...
Asking Price : $990,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 2,210
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Welcome to (your) Oasis on Beech Lake - 1190 North Shore Road, Algonquin Highlands, a stunning property offering 2 + acres of waterfront , primary residence, 8 cabins and a rec hall plus ample storage & office. Originall...
Asking Price : $1,995,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 4,400
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Seasonal Campground opportunity for the investor or owner operator. Located near Grafton in Northumberland County. 40 acre parcel 142 sites. 85 sites are seasonal (May to October), 57 are overnight sites. This is a po...
Asking Price : $3,400,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 5,229
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Prime Investment Opportunity in Port Loring on Wilson Lake!rnrnIdeally situated on the renowned Pickerel River system, this property offers a blend of waterfront living and rental income potential. The owner’s residenc...
Asking Price : $1,800,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 7,000
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Once in a while OPPORTUNITY KNOCKS - and that is definitely the case with this EXCEPTIONAL turn-key business investment and development opportunity - a MUSKOKA WATERFRONT RESORT set on over 6,095 FEET of water frontage o...
Asking Price : $9,500,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 22,468
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Fantastic Investment Opportunity in a high traffic area of Wasaga Beach. One of the most popular resorts in town, this year round property offers a motel measuring 4,478 sq.ft. with 13 motel units, 7 cottages, 4 condos,...
Asking Price : $3,988,889
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 12,662
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Discover a unique opportunity to own one of Muskoka's oldest resorts, established inrn1936. This historic property boasts 475 feet of stunning waterfront, offering a perfectrnblend of nostalgia and modern living with mul...
Asking Price : $7,499,900
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 7,200
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
For Sale: The Lakehouse on Sesekinika – A Year-Round Lakeside DestinationrnDiscover a rare opportunity to own “The Lakehouse,” a stunning property nestled on the northwest shore of Sesekinika Lake. Spanning 3.2 acr...
Asking Price : $925,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 5,361
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
With fantastic views of the Bay of Quinte directly across the road from this former cottage resort with tourism commercial zoning, you have a tremendous opportunity to either refurbish what used to be a wonderful family ...
Asking Price : $1,300,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 5,270
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Welcome to Mariners Cove Marina! Potential for turn-key. Buildings, land and business for sale. The only full service marina on desirable Healey Lake in the Township of Archipelago, District of Parry Sound . A well opera...
Asking Price : $4,500,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 3,279
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Waterfront Resort 6.7 Acres with 1350 Feet of Waterfront on Bob’s Lake. Formerly known as Nordlaw Lodge, consisting of a 6000 sqft main lodge w/ licensed dining room, bar and patio, a marina, and 9 outbuildings for gue...
Asking Price : $1,699,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 0
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Exciting business opportunity! Colasante's RV Park & Marina (established in 1997) ideally situated between Trenton and Brighton to take advantage of all that the area has to offer. Located in a popular tourist area on We...
Asking Price : $3,200,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 6
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
BAYVIEW COTTAGE RESORT- Bring family and friends together in one-of-a-kind settings with a personalized touch. Bayview Cottages is a well-run, meticulously maintained, profitable, established, turn-key resort. This beaut...
Asking Price : $2,249,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 0
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Welcome to the enchanting retreat of Christie's Mill Inn and Spa. This resort property is set against the backdrop of 17 acres along the tranquil shores of Little Lake. This Muskoka getaway is a sanctuary of serenity off...
Asking Price : $13,998,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 43,496
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
RICE LAKE LUXURY RETREAT. Discover the pinnacle of luxury on the shores of Rice Lake. This exceptional four-season property offers a lucrative turn-key business including Yoga and Wellness Retreats, or short term rental...
Asking Price : $2,990,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 0
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Opportunity Awaits At Lakeside Park Resort On This 3.84 Acre Property With Over 500 Feet Of Sandy Waterfront On Coveted Shadow Lake! This Year-Round Resort Is A Wonderful Rental Business Or Perfect For A Large Family Co...
Asking Price : $3,599,000
Gross Revenue
Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 0
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
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If you're thinking about buying a resort in Ontario, there are lots of different options on the market right now. This guide breaks down what makes Ontario a good place to buy a resort and why purchasing one can be a smart investment.
Ontario's resort market offers a variety of properties. From lakeside lodges to rustic cabins, you can find something that fits your needs from locations in Temagami and Marsh Bay Resort on the Montreal River are prime examples. The asking prices range from under a million dollars to several million.
Listings often include detailed information about the land size, the amenities offered, and any additional features like docks or outpost cabins. For instance, Northern Walleye Lodge provides both lodging and fishing opportunities, making it a versatile option for potential buyers.
Buying a resort in Ontario offers several benefits. First, Ontario is home to breathtaking landscapes with lakes, forests, and wildlife. This makes it an attractive spot for tourists, ensuring a steady stream of visitors. Second, owning a resort can be a profitable business. People are always looking for a top resort to escape to for vacations or special events.
Whether you're interested in a fly-in fishing lodge or a boat-in housekeeping facility, the variety in the market makes it easier to find a property that matches your vision and investment capacity.
Buying a resort in Ontario offers serious perks including economic gains, numerous tourist spots, and high demand for vacation homes. Investing in a resort can be a smart move for various reasons.
Owning a resort can be a lucrative venture. Ontario, being a prime vacation spot, allows you to tap into different revenue streams. Resorts see income from rentals, guided tours, and on-site amenities like dining and activities.
Properties near Montreal River can generate year-round revenue due to their location. High occupancy rates during peak seasons mean steady income.
Your resort can also benefit from economic growth in the province. Tourism boosts local businesses, ensuring that your resort investment appreciates over time. Tax benefits and government incentives might also apply, making Ontario an attractive market for potential buyers.
Ontario has a wealth of tourist attractions that can drive business to your resort. Sites like Algonquin Park and Niagara Falls draw millions of visitors each year. There’s something for everyone, from wilderness adventures to urban experiences in cities like Toronto and Ottawa.
Being near a major attraction can give your resort a competitive edge because you offer easy access to nature and outdoor activities.
Fishing, boating, and hiking are popular in Ontario's wilderness areas. By offering access to these activities, your resort can attract a diverse range of tourists including families and adventure seekers. If you're looking to expand or diversify your investment portfolio, there are other recreation businesses for sale in Ontario that align with the region's tourism appeal. Additionally, investing in golf courses for sale in Ontario can attract avid golfers and tourists seeking leisurely outdoor activities. For those interested in broader opportunities, there are numerous business for sale in Ontario listings that can provide lucrative returns and complement your resort operations.
Vacation properties are in high demand in Ontario. Lakefront resorts are especially sought-after. The desire for a retreat from city life fuels this demand for people seeking quiet and seclusion.
Families looking for summer cottages or a quick getaway often choose resorts. With the rise of remote work, more people are willing to invest in vacation homes, making now a good time to buy. You can capitalize on this demand by offering rentals and vacation packages, ensuring a steady stream of guests year-round.
Ontario offers diverse resorts for sale, catering to every taste and preference. Whether you're looking for a quiet lakeside escape, an eco-friendly hideaway, or a luxurious retreat, there's something for everyone.
Lakeside resorts are among the most popular in Ontario. These properties often feature stunning views and easy access to water activities like fishing, boating, and swimming. These resorts typically have cottages or cabins right on the water. Many come equipped with docks, boats, and other watercraft for guest use. Such amenities make lakeside resorts ideal for outdoor enthusiasts and families looking to reconnect with nature.
Eco-friendly resorts in Ontario focus on sustainability and preserving the natural environment. These properties implement green practices like solar power, organic landscaping, and water conservation.
Many eco-friendly resorts also promote activities such as wildlife watching, nature hikes, and educational programs about local ecosystems. Investing in this type of resort can attract guests who are eco-conscious and eager to enjoy nature responsibly.
An example of this kind of resort might include accommodations that use renewable energy and minimize their carbon footprint. Eco-friendly resorts often emphasize local culture and sustainable living, offering a unique experience for guests.
Luxury resorts provide top-tier amenities and unparalleled comfort. Think upscale accommodations, gourmet dining, and high-end spa services. Properties like the ones listed in Red Lake, Ontario resorts often offer exclusive features such as private golf courses and top-notch service.
Guests can expect high-quality furnishings, expansive rooms, and personalized services. Luxury resorts are perfect for those who want a more pampered experience, making them appealing to both local and international tourists looking for a premium stay.
Whether it's a rustic lakeside lodge, an eco-friendly sanctuary, or a high-end luxury retreat, Ontario has a range of resorts to match any buyer's preferences.
When buying a resort, consider the location, amenities, size, and facility conditions to ensure it meets your needs and attracts guests.
The resort's location and accessibility are crucial for attracting visitors. Ideally, it should be near popular attractions or natural beauty spots, like lakes, forests, or mountains. Resorts near waterfronts or with sandy beaches are particularly attractive.
Ensure easy access via major roads or airports. Resorts on the Montreal River or near Cassels-Rabbit Lake offer scenic views and outdoor activities that appeal to families and outdoor enthusiasts.
Check for essential amenities and services such as well-maintained guest rooms with quality furnishings, an on-site office, and recreational facilities. Look for resorts with hiking or ATV trails, boating options, and decks for relaxation.
The resort might also offer extras like year-round fishing, hunting, or waterfront activities. The presence of a sandy beach is a major plus for attracting summer tourists.
The size and capacity of the resort determine how many guests you can accommodate and the types of events you can host. Larger resorts can cater to big groups like weddings or corporate retreats. Examples include properties with multiple cabins or lodges and spacious common areas.
Consider properties on Cassels-Rabbit Lake, which offers a range of lodging options for guests. This variety can attract different types of visitors.
The condition of facilities directly impacts guest satisfaction and operating costs. Look for well-maintained buildings, updated utilities, and modern facilities. Poor upkeep can lead to costly repairs and negative reviews.
Inspect common areas, guest rooms, and outdoor features. Well-equipped marinas and deck areas enhance guest experiences and reduce immediate expenditure on upgrades. For those looking to expand their hospitality spaces, there are various motels for sale in Ontario that can serve travelers seeking more economical accommodations. Additionally, exploring hotels for sale in Ontario provides opportunities to attract a higher-end clientele with amenities such as conference rooms, spas, and fine dining, further enhancing the resort's appeal to diverse guests.
When purchasing a resort in Ontario, you need to think about how much you can spend, the ways you can finance your purchase, and how much you can expect to make from it.
Before buying a resort, it’s important to figure out your budget. This includes not just the asking price of the resort, but also other costs like legal fees, taxes, and maintenance.
Also, think about how much revenue the resort can generate. Check the financials to see if the income will cover your expenses.
There are several ways to finance your resort purchase. You can get a mortgage, which works much like a home loan.
Another option is to look for investors who can provide funds in exchange for a share of the profits. Some buyers even consider seller financing, where the seller loans you the money and you pay them back over time.
Make sure to compare interest rates and terms from different lenders or investors. This can impact how much you end up paying over the life of the loan.
ROI (Return on Investment) is a key factor when buying a resort. To estimate this, look at the resort’s revenue compared to its cost. If a resort generates substantial income, it might offer a quicker payback period.
For example, a resort on Dog Lake may have different financials compared to one in Port Elgin.. Study these thoroughly.
Calculate the payback period by dividing the total investment by the annual net revenue. If your expenses are less than expected revenue, you’ll see returns sooner. Usually, you want a payback period that feels comfortable for your financial situation.
When buying a resort in Ontario, you must be aware of zoning laws, environmental regulations, and the procedures for transferring ownership. These legal aspects ensure that your investment is both compliant and protected.
Zoning laws in Ontario dictate how a property can be used. When purchasing a resort, check if it is zoned for commercial use. This ensures you can operate a business there. If you plan on expanding or adding new structures, verify that these changes comply with local zoning regulations.
You can find zoning information from the municipal office or the Ontario Ministry of Municipal Affairs and Housing. Working with a commercial real estate lawyer familiar with Ontario’s zoning laws can save you from costly mistakes.
Environmental regulations are crucial when buying a resort. These rules aim to protect natural resources and wildlife. Ensure the property complies with Ontario’s environmental laws managed by the Ministry of the Environment, Conservation and Parks.
For example, if the resort is near a lake or river, you may need special permits to do any construction or renovations. Any historical environmental issues, like contamination, should be resolved before buying. Failure to comply can result in hefty fines or legal problems.
The transfer of ownership for a resort involves several steps. First, a purchase agreement is signed by both parties. This agreement outlines the terms and conditions of the sale. The buyer should conduct a title search to ensure there are no liens or claims against the property.
Next, both parties typically hire lawyers to handle the legal paperwork. They will draft the necessary documents and ensure that all conditions of the sale are met. Finally, the transfer is registered with the local land registry office, officially transferring ownership to you.
By paying attention to these legal aspects, you can ensure a smooth and successful purchase of a resort in Ontario.
Finding the perfect resort available for sale in Ontario involves several crucial steps such as working with commercial broker or agents, exploring online listings, and visiting potential properties. Each of these steps has unique benefits and considerations.
Working with a commercial real estate agent can save you a lot of time and effort. These professionals know the market well and can help you find listings that fit your budget and needs. They can also guide you through the legal procedures and paperwork.
A sales representative can offer insights into good investment opportunities. They can help you understand the revenue potential and the condition of different resorts. It's essential to choose an agent who specializes in resort properties to ensure they have the right expertise. Don't hesitate to interview several agents before making your choice.
Browsing online listings is another essential step in finding a resort in Ontario. Websites often provide detailed descriptions, photos, and sometimes virtual tours of the properties. This can help you narrow down your options before visiting in person.
Platforms that specialize in business sales are great starting points. These sites often allow you to filter your search by location, price range, and property type. Make sure to check if the platform is reputable and has up-to-date listings. Reading user reviews can also give you an idea of their reliability.
Visiting potential properties is crucial to get a real feel of the place. Pictures and descriptions can only tell you so much. When you visit, check the condition of the buildings and amenities. Also, talk to the current owners if possible to get insights into the daily operations.
Visits also allow you to assess the location's suitability for your business goals. Consider factors like proximity to tourist attractions and accessibility. Aim to visit multiple properties to compare and see which fits your vision best. Always bring a checklist of your specific needs to stay focused during the visits.
Consider market conditions, competition, and future growth possibilities.
First, dive into the local commercial real estate market. Look at how properties are priced in the region, especially in Toronto and Central Ontario. Get a solid grasp of financial trends and check recent sales of similar resorts.
Take note of tourist traffic and seasonal patterns. For instance, how popular are these resorts during the summer?
Next, check out who your competition is. Identify other resorts in the area and investigate their strengths and weaknesses. This includes larger resorts and local favourites in regions like Eastern Ontario.
Look into their pricing strategies, amenities offered, and customer reviews. This will help you understand what you need to do to stand out.
Finally, consider any planned developments or zoning changes around the resort you’re eyeing. Understanding the local government's future plans can impact the resort’s value. Look for coming infrastructure projects or new tourist attractions.
Evaluate any opportunities within the resort’s property, such as adding new cabins or offering new services to improve your potential return on investment.
Finding the right resort can be a detailed process, but it is manageable with the right approach. From checking location specifics to knowing your budget, here’s a look at the essentials you need.
Ontario offers a variety of resorts, ranging from serene lakeside lodges to spacious adventure camps. Locations like Temagami and Missanabie provide year-round opportunities for fishing, hunting, and other outdoor activities.
Prospective buyers should pay attention to the total land area and water frontage. Waterfront resorts, such as those found on Dog Lake, often include additional features like docks and cabins. Consider the amenities and upkeep costs to ensure the investment matches your resources and goals.
Before buying a resort in Ontario, determine the type of resort that best suits your vision. Decide if you want a remote, rustic lodge or a more modern resort with extensive facilities.
Research each property thoroughly. Look at previous guest reviews, the condition of existing structures, and any necessary repairs. Sites like Find Businesses 4 Sale provide useful listings and details.
Lastly, consider the year-round suitability of the location. Resorts on lakes such as Montreal River near Cobalt offer year-round business potential. Be realistic about your capacity to manage the resort during different seasons to maximize your investment.
There are financing options for those interested in purchasing a resort in Ontario. Potential buyers can look into bank loans, private financing and specialized lending programs designed for hospitality and commercial real estate investments. It is recommended to seek advice from experts or lending institutions to determine the suitable options based on individual requirements.
When contemplating the purchase of a resort in Ontario important factors to consider include its location and accessibility the influence of weather conditions local zoning regulations and the state of existing infrastructure and amenities. Furthermore assessing the performance of the business through metrics like occupancy rates and revenue history is essential.
To own and operate a resort in Ontario legally one must adhere to provincial and municipal regulations. This includes obtaining business licenses, health and safety certifications, environmental evaluations well as compliance with zoning laws and land use bylaws. Additionally operators must follow employment standards and fulfill tax responsibilities. Seeking guidance from professionals is recommended to ensure adherence to all regulatory mandates.
Many sellers and commercial real estate agents highly recommend that prospective buyers visit the resort before finalizing their decision to buy. This gives you the chance to personally explore the property inspect its state and determine if it aligns with your investment objectives. Remember to arrange a visit by reaching out, to the seller or agent.
https://www.ontario.ca/document/land-transfer-tax/land-transfer-tax-and-fractional-ownership-resorts
Discovering the best deals on Resorts in Ontario requires thorough research. Take into account factors such as location, size, amenities, and future growth potential. Explore the three most popular offers:
Vacation Rental Business at 206 DUNFORDS LANE , Travel Business at 9 HAVEN DRIVE and Vacation Rental Business at 1020 BIRCH GLEN ROAD .
The average price of Resorts in Ontario is influenced by various factors. On average, prices range from $4,203,749. However, conducting a comprehensive market analysis is essential to grasp specific pricing trends in your desired area.
Find comprehensive information about Resorts in Ontario on Find Businesses 4 Sale! Explore our catalog of offers, and if you have any questions, feel free to contact us; we're here to help! Meanwhile, consider checking out the three newest listings:
Vacation Rental Business at 206 DUNFORDS LANE , Travel Business at 9 HAVEN DRIVE and Vacation Rental Business at 1020 BIRCH GLEN ROAD . .
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