Business For Sale · Specialty

80 SHEBESHEKONG ROAD, Carling

80 SHEBESHEKONG ROAD, Carling, ON P0G1G0

$3.2M total

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Asset Class

Specialty

Size

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Building class

A

Zoning

US — Urban Services

$ / SF

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Occupancy

88%

Lot Size

6.15 ac

About this property

Turnkey Waterfront Resort Opportunity on Shebeshekong Lake! Rare turn-key business opportunity featuring an established, fully equipped cottage resort set on approximately 6.15 acres with 707 feet of prime, scenic shoreline on Shebeshekong Lake. Fully operational from day one, this resort delivers the ultimate Canadian lake experience-complete with evening campfires under the stars, serene and sandy beachfront, volleyball court, children's play park, and a fleet of canoes and kayaks ready for peaceful mornings on the water. The property features 13 charming freestanding rental cottages with screened in porches and decks with BBQs, 4 campsites, a spacious 4-bedroom owner/manager residence with an attached office, a detached double garage, a central sandy beach, and 3 dock systems. All cottage furnishings, outdoor gear, watercraft, appliances, docks, generators, playground equipment, and maintenance tools are included for a seamless transition. Reliable infrastructure includes a chlorinated drilled well, overhead electricity, and multiple septic systems. Zoned C2-8H Tourist Commercial (Exception 8), current site coverage sits at approximately 4% versus the allowed 10% maximum, unlocking outstanding potential for future expansion (subject to municipal approvals). Step right in and start generating income with this beloved, fully operational lakeside haven! (id:66811)

Financial sandbox

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Estimate
Purchase price$3.20M
Down payment30% · $960K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$15K

Projected NOI

$221K

Annual cash flow

$43K

Cash-on-cash

4.51%

DSCR

1.24

Going-in cap

6.89%

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.

Area demographics

Trade area within 3 miles of the property.

Population

107,398

Households

39,124

Median income

$114,000

Median age

32.1

Daytime population

134,226

5-yr growth

3.8%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 80 SHEBESHEKONG ROAD, Carling.

NDA required
  • 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.