48 WILSON LAKE Crescent, Parry Sound Remote Area, ON P0H 1Y0
Parry Sound Remote Area, ON P0H 1Y0
About this property
Discover The Port Shores, a distinguished lakeside business at 48 Wilson Lake Crescent, Port Loring part of the Pickerel River system. This thriving staple in the Parry Sound Region lake community offers significant growth potential. Operating seasonally from May through October, The Port Shores features a range of amenities for both locals and visitors. The Lakeview Cafe offers stunning views and a cozy atmosphere, while Tommy's Food Bar serves casual fare. Saturdays, the on-site gift shop, offers unique finds. Additionally, the property includes a meeting room ideal for intimate weddings, ceremonies, parties, and business meetings. Additionally, 3 pontoon boats for lake tours are included, offering a lucrative opportunity to enhance guest experiences and generate additional revenue. The upper level includes a spacious 1,300 sq. ft. two-bedroom apartment, offering on-site accommodation or rental potential. The business is well-established with a solid customer base. Vendor take-back financing is available for a portion of the purchase price. The current owners are committed to a smooth handover, offering to stay on for a season to assist with operations. The property spans 1.8 acres, allowing for additional rental cottages, supported by the existing engineered septic bed and high-quality municipal water. Expansion is encouraged, with grounds primed for 4-5 additional cottages, ideal for Airbnb rentals. There is also an opportunity to extend the operational season to capitalize on local demand and snowmobile traffic in winter months. Adjacent waterfront property is available for purchase, presenting an unparalleled opportunity to expand the footprint of this already impressive venture. The Port Shores is a rare opportunity to own a versatile and expandable business in one of Ontario's most scenic locales. Whether you're looking to invest in a flourishing business, develop a lakeside resort, or enjoy both, The Port Shores offers limitless possibilities.
Property facts & features
- Property type
- Sale Of Business
- MLS® number
- X12980830
- Source status
- Price Change
- Bedrooms
- Not provided
- Bathrooms
- Not provided
- Reported interior area
- 4000
- Neighbourhood
- Not provided
- Postal code
- P0H 1Y0
- Garage
- None
- Lot depth (source units)
- 528
- Annual property tax
- 10300
- Basement
- Not provided
- Laundry
- Not provided
- Interior features
- Not provided
- Exterior features
- Not provided
Values and units are reported by the listing source. Verify measurements and fees with the brokerage.
Floor plans & room measurements
Floor plans and verified room measurements are not available for this property.
Property value & listing history
Price Change · $2,800,000
Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.
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Explore active properties in Parry Sound Remote Area →Listing brokerage: FAIR AGENT REALTY. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X12980830. Information deemed reliable but not guaranteed.