Lake Resort 15,000 Sqft Lodge 40 Acres
Location Ontario,Canada
Asking Price Range $2.5M - $5.0M
Gross Revenues $500000
Net Profit / Cash Flow $300000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2006
Number of Employees 4 - 5
Relocatable No
Number of Employees 4 - 5
Real Estate Owned
Description Whitestone Lake Resort for sale is a year round recreational facility with brand new 15,000 sq. foot luxurious lodge with 1,661 ft of shoreline and sandy beach on picturesque Whitestone Lake. It is located in north of Muskoka 2.5 hours drive north of Toronto, 30 minutes east of Parry Sound.
The lodge has 14 luxuriously appointed nonsmoking suites each with unique queen size beds, double pull out sofa in the sitting area and 26'' flat screen TV, 3 piece washroom, balcony most of them overlooking the lake. Many suits have fireplaces and/or Jacuzzi tubs. Coffee makers and coffee are included. Room service is available. A central fire pit for guests of the lodge is located right on the lake beach near the lodge. The North Landing Restaurant with panoramic view of Whitestone Lake offers full menu true cottage country cuisine appreciated by guests returning year after year. Savory steaks, fresh catch of the day, slow simmering soups, fresh garden salads, vegetarian selections, and unique pasta dishes are just some of the dishes offered here. Licensed lounge is appointed with chesterfields, chairs, pool table, and outdoor patio verandah.
On 40 acres site there are 7 housekeeping 2, 3 and 4 bedroom all season lakefront cottages with hot water and electric heating. Each cottage has its own fire pit, gas bbq, picnic table, fridge, stove, coffee maker, microwave, pots, pans, dishes etc. The cottages are a short walk from the main lodge. There is aso a mini lodge which sleeps 8 and comes complete with its own huge recreation and gathering area. A draft development plan has been approved for 9 holes Golf Course on the property. Property taxes are $11,289 for 2008. Asking price $4 mln. Email or call Andrew Sobczak, Member of the Muskoka & Haliburton Real Estate Board, at 705-543-1341 for more info.
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