374100 Highway 11b Coleman, Ontario P0J 1C0
$1,290,000
Boasting 1000+ feet of shoreline with all exposures on approx. 13 acres on Gillies Lake in a town filled with history. Quiet, remote, with abundant wildlife, yet is located right off of 11B highway and within 15 minutes from the Lakefront towns of Haileybury & New Liskeard, on the Timiskaming shores. An established business is being sold with the property consisting of 5 renovated (2019) 4-season cottages with bookings all year. Guests include holidaymakers, nature enthusiasts, and longer-term stays for trades and construction people working in the area. Gross income last fiscal year approx $122,000. Expenses approx. $50,000. There is an RV site with 14 stalls and two boat launches. Additional structures are being upgraded for additional income streams. Beautiful site to build an owner's suite. There is potential to utilize the RV stalls as glamping areas or construct additional cabins. Those with landscaping skills could transform this property from something special to amazing! **** EXTRAS **** Year-round activities. Hiking. Swimming. Boating. Rock climbing. Shopping. Theatre. Dining. Directly on snow mobile trails. Ice Fishing. Cross-country skiing. ATV trail. Downhill skiing & snowboarding 20 minutes away. (id:50787)
Business
| Business Type | Accommodation |
| Business Sub Type | Cottage/Cabin Rental |
| Name | Gillies Lake Front Cottages |
Property Details
| MLS® Number | X7211822 |
| Property Type | Business |
| Amenities Near By | Highway |
| Features | Conservation/green Belt |
| Parking Space Total | 10 |
Building
| Bathroom Total | 5 |
| Appliances | Dryer, Furniture, Washer, Window Coverings |
| Heating Fuel | Electric |
| Heating Type | Forced Air |
| Size Interior | 700698 Sqft |
Land
| Acreage | No |
| Land Amenities | Highway |
| Sewer | Septic System |
| Size Frontage | 1425 Ft |
| Size Irregular | 1425.6 Ft ; Lot Irregular |
| Size Total Text | 1425.6 Ft ; Lot Irregular |
| Zoning Description | Ci Tourist Commercial |
https://www.realtor.ca/real-estate/26165413/374100-highway-11b-coleman
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July 09 2024 05:03:08
Toronto Real Estate Board
Berkshire Hathaway Homeservices Toronto Realty