











1/135032 E TRANS-CANADA Highway, White River, ON P0M3G0
$508,000 total
3,500 SF
Asset Class
Hospitality
Size
3,500 SF
Building class
C
Zoning
CHY — Highway Corridor
$ / SF
$145
Occupancy
99%
Year Built
1970
Lot Size
1.8 ac
Welcome to an exceptional Commercial/Residential opportunity on Fungus Lake in White River. This rare 2.00 acre point property offers 194.41 ft of natural, deep, clear-water shoreline, providing panoramic lake views and breathtaking sunsets. The sandy beach entry and deep-water frontage makes this an ideal location for families, year-round recreation. The primary bungalow-style resort house is privately among mature trees and positioned to overlook the lake. Features include: Full kitchen, Dining room, Spacious living room, Satellite TV and internet access. Direct access to the waterfront and resort amenities. This home is suitable as an owner’s residence, year-round lodge, or operations building. TSA license is for Gas and Desal pump 8 Cabins & Guest Lodge The property includes 8 fully equipped, each offering, Private washrooms Full kitchens with stoves, refrigerators, and microwaves.TV units. Ample interior space for families and groups In addition, Guest Lodge provides 8 spacious rooms, 1 bathroom, and a shared kitchen, ideal for larger parties or overflow accommodations. Multi-family recreational retreat. Owner-occupied residence with income generation. Zoned Tourist Commercial, Year-round resort operations Existing commercial amenities include: Two double fuel pumps (two gas, two diesel) offering strong revenue potential. Convenience store with counters, freezers, and retail space, Private sandy beach ideal for children and safe swimming. Deep-water access for docking, boating, and fishing. Halfway between Wawa and north of White River. Approximately 4 hours from Thunder Bay. Approximately 10 hours from the GTA. Excellent access for tourists, anglers, snowmobilers, Turnkey income-producing property with multiple revenue streams: lodging, fuel sales, retail. Strong year-round demand for fishing, hunting, snowmobiling, and northern tourism. Ideal for investors, resort operators, or families seeking a northern lifestyle property with built-in income. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$2K
Projected NOI
$37K
Annual cash flow
$9K
Cash-on-cash
5.65%
DSCR
1.31
Going-in cap
7.24%
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.
| Tenant | Area | Expiry |
|---|---|---|
| Meridian Health Group | 3,465 SF | 2034-04 |
Trade area within 3 miles of the property.
Population
78,042
Households
32,204
Median income
$106,500
Median age
33.6
Daytime population
117,778
5-yr growth
8.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 5032 E TRANS-CANADA Highway, White River.
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.