374100 11B Cobalt

Coleman | | P0J 1C0
  • 6500.0 sqft
  • 0 gar

$1,290,000

Est. Mtg $4,374 /mo
  • Days on market

    8

  • Status

    A

Listing Broker Berkshire Hathaway homeservices
Since listed: 1 views

Home details

MLS #:

T9277415

Property type:
Sale Of Business
Style:
Taxes:
$3,301
Possession:
TBD
Condo Fee:
Lot Size:
1425.6 X
Zoning:
CI Commercial Tourism
Use:
Cabins/Cottages
Heat:
Forced Air

Description


374100 11B Cobalt, , Coleman, Ontario is a Sale Of Business property in Coleman and in the community in the P0J 1C0 postal code


Boasting 1000+ feet of shoreline with all exposures and approx. 13 acres on Gillies Lake in a town filled with history. Quiet, remote, with abundant wildlife, yet is located right off 11B Highway and within 15 minutes from the Lakefront towns of Haileybury & New Liskeard, on the Timiskaming Shores. An established business is being sold with the property consisting of 5 renovated (2019) 4-season cottages with bookings all year. Guests include holidaymakers, nature enthusiasts, and longer-term stays for trades and construction people working in the area. Gross income last fiscal year approx $122,000.00 Expenses approx. $50,000.00. There is an RV site with 14 stalls and two boat launches. Additional structures are being upgraded for additional income streams. Beautiful site to build and owner's suite. There is a potential to utilize the RV stalls as glamping areas or construct additional cabins. Those with landscaping skills could transform this property from something special to amazing! www.gillieslakecottages.com.

Extras

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Payment calculator

$4649 monthly. In association with: TD Bank
%
  • Principal and Interest
    4374 /mo
  • Property Taxes
    $275 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Ali Norouzi, Realtor

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