$699,000 FOR SALE

Investment

Lot: 724.3 x 519.61 ftTotal Area: 7.34 acres
2023 Taxes: $564.28

Pt 1 Hiawatha
Hornepayne, ON P0M 1Z0 | Algoma

Welcome to gorgeous Nagagami lodge located in an unorganized twp. Family owned & operated since 2003. 7.34 acres of deeded lakefront property approx 20 minutes north of Hornepayne by air. Built in 1972. The property has 6 rental cabins, a main lodge, executive cabin, a staff cabin plus several smaller structures. The lake is appr. 8x6 miles in size and holds walleye, pike, whitefish and perch. There are also trophy brook trout in the rivers feeding the lake. There are 4 two bedroom & 2 three bedroom rental cabins each with there own washroom, kitchen and woodstove heating. Water supply is from the lake. Power supplied by diesel generators. Access is fly in only. This is a turn key sale & incl 12-18 ft Giesler cedar strip boats plus motors. Lodge can accomodate up to 30 guests. This is an excellent business opportunity with a huge upside! Lodge operates from May until October annually.

Extras
This property would also be an excellent private getaway. Guests are provided with cabin rental, boats, motors and gas. Lodge provides housekeeping services only. Fridges in cabins are electric and stoves are propane.

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Listed By ROYAL LEPAGE FRANK REAL ESTATE
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X7392890
Last Updated May 27, 2024
Property Summary
Property Type Investment

More like this:
Use Cabins/Cottages
Category Accommodation
PIN 310060001
Legal Description RP1R1330 PART 1 PCL 11604 AWS NAGAGAMI LAKE
Occupancy Owner
Possession Date Tba
Taxes (2023) $564.28
Tax Type Annual
Directions/Cross Streets Fly In Access Only
Area Algoma
Price History
Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Freestanding Y
Lot 724.3 x 519.61 ft
Total Area 7.34 acres
Air Conditioning N
Garage Type None
Heat Type Woodburning
Financial Statement Y
Utilities N
Water Other
Lot/Bldg/Unit Code Lot
Zoning COMMERCIAL
Seller Property Info Statement N

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