468 WARNER BAY Road, Tobermory, Ontario, N0H2R0
MLS: 40823955 | Hospitality
$3,000,000
Property Description
Rare opportunity to acquire a turnkey waterfront resort in Tobermory set on approximately 10 acres with 575 ft of Lake Huron frontage. The property features five updated rental cottages with recent improvements and added guest amenities, offering strong short-term rental appeal. Professionally positioned for continued income with significant upside through expansion. Zoning supports tourist commercial use with approvals in place for up to 40 additional cabins, allowing a buyer to scale operations and maximize future revenue potential. (id:64974)
Quick Facts
- Property Type: Hospitality
- Bedrooms: None
- Bathrooms: None
- Living Area: 11,545 sq ft (1,072.6 m²)
- Year Built: 1960
- Ownership: Freehold
- Parking: 14.0 spaces (Detached Garage)
- Lot Size: 8.4000 acres (3.4 ha)
- Frontage: 646 ft (196.9 m)
Costs
- Annual Taxes: $5,587.57
Listing Provided by: Royal LePage Burloak Real Estate Services
Board: Cornerstone Association of REALTORS®
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Basement: Partial
- Utilities: Electricity, Telephone
Exterior & Construction
- Exterior: Aluminum siding
- Foundation: Block
- Sewer: Septic System
- Water: Well
Lot & Land
- Lot Size: 8.4000 acres (3.4 ha)
- Frontage: 646 ft (196.9 m)
- Features: Crushed stone driveway
- Waterfront: Waterfront
- Water Body: Lake Huron
- Zoning: C3, Eh
Community & Neighbourhood
- Subdivision: Northern Bruce Peninsula
Listing Information
Listing History
MLS listing activity for 468 WARNER BAY Road, Tobermory, Ontario, N0H2R0 — dates reflect when changes were recorded in the DDF
Location & Neighborhood
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468 WARNER BAY Road, Tobermory, Ontario, N0H2R0