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7178 Highway 35, Kawartha Lakes (Laxton/Digby/Longford), ON K0M1K0
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$3,299,888
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Home Details for 7178 Highway 35
Price
$3,299,888
Type
Commercial/Industrial
Lot Size
3.84
Listing #
X12283019
On exitrealty.com
155 days
Property Description
A rare opportunity to own a fully operational lakefront resort on sought-after Shadow Lake. Set on 3.84 acres with over 500 feet of private sandy shoreline, this turn-key property features 11 year-round cottageseach with its own unique charm, layout, and appeal. All units come fully furnished with full kitchens, A/C, woodstoves, and private outdoor space.Several cottages are waterfront with private docks, while others are tucked into the trees for added privacy. Guests enjoy a shared beach with sandy wade-in access, fire pits, picnic areas, and a lakeside sauna.This is a proven income-producing resort with Airbnb revenue of $203,495 in 2023 and $264,316 YTD in 2024 (after platform fees). After estimated expenses, the property generates a ~6.95% cap rate based on the current list price of $3,299,888.The active Airbnb profile and operating systems can be transferred to the buyer for a seamless investment handover.Ideal for investors, boutique retreat owners, or multi-family use. High-speed internet available. Located just 10 minutes to Coboconk, 2 hours from the GTA, and directly accessible from Highway 35. (id:31684)
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Listing Courtesy: EXP REALTY
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$3,299,888
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EXIT REALTY TRUE NORTH, BROKERAGE
8 Matchedash Street South, Orillia, ON L3V 4W6