
















1/181957 TAMARACK LANE, Severn, ON P0C1M0
$4.9M total
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Asset Class
Specialty
Size
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Building class
B
Zoning
US — Urban Services
$ / SF
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Occupancy
95%
Lot Size
6.4 ac
Excellent turnkey marina and resort opportunity located on the Trent-Severn Waterway, approximately 90 minutes north of Toronto and the first marina heading into the Muskoka region. Set on over 6.4 acres with nearly 1,000 feet of shoreline, this well-established property offers exceptional waterfront exposure and a wide range of income-generating opportunities.The marina features two waterfront cottages, an in-law suite, and two cabins, all renovated and configured into five waterfront rental suites. Guests can enjoy scenic water views, a swim dock, sauna, and a four-season washroom facility complete with showers and multiple stalls.The commercial marina operation includes 87 open boat slips, RV sites, fuel service, rental boats, water taxi and barge services. Two storage and repair buildings (approximately 40 x 60 ft each) provide space for maintenance operations and winter boat storage, accommodating approximately 25 boats indoors and 25 outdoors. Additional improvements include steel and aluminum docks, security camera system, Wi-Fi throughout the property, a newer above-ground fuel tank, and a concrete boat launch.The C-8 zoning permits a wide variety of uses including marina operations, hotel accommodations, restaurant uses, residential development opportunities and more (buyer to verify permitted uses). A rare opportunity to acquire a well-maintained waterfront commercial property with multiple revenue streams and future development potential. Sale contains three parcels of land. (id:66811)
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Monthly debt service
$23K
Projected NOI
$351K
Annual cash flow
$80K
Cash-on-cash
5.42%
DSCR
1.29
Going-in cap
7.17%
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
90,835
Households
38,356
Median income
$134,500
Median age
39.6
Daytime population
129,273
5-yr growth
3.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 1957 TAMARACK LANE, Severn.
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.