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Home ON Timiskaming District James
119 ONTARIO STREET
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119 ONTARIO STREET $2,750,000
$2,750,000
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119 ONTARIO STREET
Timiskaming (TIM - Outside - Rural), Ontario P0J1G0

MLS® Number: T12424811

Listing Description

Waterfront Retreat with Endless Potential Turnkey Investment OpportunityNestled on a pristine 12-acre waterfront lot, this exceptional turnkey property offers the perfect blend of natural beauty, modern amenities, and incredible business potential. Whether you're looking to run a retreat center, wedding venue, corporate getaway, or vacation rental business, the possibilities here are truly limitless.Property Features:Six Spacious Cabins:Five cabins with 6 bedrooms eachOne cabin with 5 bedroomsShared laundry facilityRecent upgrades include new metal roofs and various aesthetic improvementsMain Lodge Perfect for Large Gatherings:Elegant dining room with seating for up to 75 guestsLarge conference area accommodating up to 130 attendeesFull-service bar equipped with beverage cooler and POS systemCommercial kitchen featuring a new dishwasher, combination oven, under-counter refrigeration, and all essential equipmentExtensive Recent Upgrades ($600,000+):Energy-efficient improvements to heating, lighting, plumbing, and HVACBrand-new floating docksNew hot water tanksComprehensive cosmetic and structural enhancements throughoutThis waterfront gem is fully equipped and ready for immediate operation. Whether you're dreaming of hosting serene wellness retreats, bustling events, or managing a high-demand vacation destination, this property is poised to deliver exceptional returns.A rare opportunity to own a waterfront property with income-generating infrastructure already in place. Dont miss your chance to step into a ready-made business with room to grow. (41333568)

Location Description

Cross Streets: Fourth Street East to Ontario Street. ** Directions: Hwy 11 to Hwy 66and 5 min drive on hwy 65 into Elk Lake.

Property Summary

Property Type
Business
Community Name
TIM - Outside - Rural
Land Size
12.28 ac
Age Of Building
16 to 30 years
Annual Property Taxes
$21,883.38
Total Parking Spaces
50
Time on REALTOR.ca
83 days

Building

Building Features
Features
Irregular lot size
Heating & Cooling
Cooling
Fully air conditioned
Utilities
Water
Municipal water
Business
Business Name
Elk Lake Lodge
Neighbourhood Features
Amenities Nearby
Recreation
Parking
Total Parking Spaces
50

Measurements

Square Footage
12 ac

Land

Lot Features
Frontage
809 ft ,5 in
Other Property Information
Zoning Description
461
Farm Features
Farm Type
Other
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Jessica Gervais