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374100 Highway 11b Coleman, Ontario P0J 1C0

5 Bathroom 700698 sqft
Forced Air

$1,290,000

Boasting 1000+ feet of shoreline with all exposures on approx. 13 acres on Gillies Lake in a town filled with history. Quiet, remote, with abundant wildlife, yet is located right off of 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. Expenses approx. $50,000. 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 an owner's suite. There is 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! **** EXTRAS **** Year-round activities. Hiking. Swimming. Boating. Rock climbing. Shopping. Theatre. Dining. Directly on snow mobile trails. Ice Fishing. Cross-country skiing. ATV trail. Downhill skiing & snowboarding 20 minutes away. (id:57726)

Business

BusinessType Accommodation
BusinessSubType Cottage/Cabin Rental
Name Gillies Lake Front Cottages

Property Details

MLS® Number X7211822
Property Type Business
AmenitiesNearBy Highway
Features Conservation/green Belt
ParkingSpaceTotal 10

Building

BathroomTotal 5
Appliances Dryer, Furniture, Washer, Window Coverings
HeatingFuel Electric
HeatingType Forced Air
SizeInterior 700698 Sqft

Land

Acreage No
LandAmenities Highway
Sewer Septic System
SizeFrontage 1425 Ft
SizeIrregular 1425.6 Ft ; Lot Irregular
SizeTotalText 1425.6 Ft ; Lot Irregular
ZoningDescription Ci Tourist Commercial

https://www.realtor.ca/real-estate/26165413/374100-highway-11b-coleman

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Berkshire Hathaway Homeservices Toronto Realty
23 Lesmill Rd #401
Toronto, Ontario M3B 3P6

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