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$499,900 total
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Asset Class
Specialty
Size
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Building class
C
Zoning
DC2 — Site Specific
$ / SF
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Occupancy
90%
Welcome to this beautifully updated, turnkey cottage or camp on the crystal-clear waters of Little Fairbank Lake! This charming waterfront retreat features two bedrooms, a bright open-concept living area with a certified wood-burning stove, convenient laundry facilities, and a spacious three-season sunroom overlooking the lake—the perfect spot to enjoy your morning coffee while taking in the peaceful waterfront views. Situated on a gently sloping lot leading to the water's edge, this property offers everything you need to embrace lake life, including a lakeside sauna and an additional 10' x 12' sleep camp, perfect for accommodating family and guests. Extensively renovated and updated, this cottage offers peace of mind with numerous improvements completed over the years. In 2020, major upgrades included a new driveway, septic system completed by Canadian Shield Consultants, kitchen, bathroom, and a new heated waterline into the lake. In 2021, additional improvements included new ceilings, insulation, and bedroom walls. A new water pump was installed in 2025, adding even more value to this well-maintained retreat.Little Fairbank Lake is known for its beautiful, crystal-clear waters and peaceful surroundings, with access to Fairbank Lake through connecting channels, offering endless opportunities for boating, fishing, swimming, and exploring. Whether you're searching for a relaxing family getaway, a place to entertain friends, or your own private waterfront escape, this move-in-ready property checks all the boxes. Pack your bags, bring the family, and start making unforgettable memories at the lake! (id:66811)
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Monthly debt service
$2K
Projected NOI
$31K
Annual cash flow
$3K
Cash-on-cash
1.90%
DSCR
1.10
Going-in cap
6.11%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
48,273
Households
19,954
Median income
$118,500
Median age
34.1
Daytime population
60,645
5-yr growth
0.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 454 Langdon (Fairbank RD N) Road, Whitefish.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.