$599,000
Available - For Sale
Listing ID: X12702334
Part 1 Township of Hiawatha N/A , Hornepayne, P0M 1Z0, Algoma


Well established fishing lodge located on gorgeous Nagagami Lake in Northern Ontario. Family owned and operated since 2003. The property is situated on 7.34 acres of lakefront deeded land. Access is approximately a 20 minute flight north of Hornepayne. There is no road access and reachable by fly in only. The lodge was built in 1972. The property has 6 rental cabins, a main lodge, executive cabin, a staff cabin, plus several smaller structures such as a fish cleaning station. The lake is approximately 8x6 miles in size and holds trophy walleye, northern pike, whitefish and perch. There are also trophy brook trout in the rivers feeding the lake. There are 4 two bedroom & 2 three bedroom rental cabins each with their own washroom, kitchen and woodstove heating. Water is supplied from the lake. Power is supplied by diesel generator. This is a turn key sale & includes all existing 18 ft Giesler cedar strip boats and motors. Everything stays other than the owners personal belongings. The lodge can easily accommodate 25guests per night. This is an excellent opportunity with a huge upside for the right purchaser looking to purchase and expand the business. The lodge operates from May until October annually depending on weather. Guests are flown in on a private charter from Government Lake a short distance from Hornepayne. Guests fee includes flight in and out, boats, motors and gas. Lodge provides housekeeping services only. Fridges in cabins are electric and stoves are propane.
Price $599,000
Taxes: $562.40
Tax Type: Annual
Occupancy: Owner
Address: Part 1 Township of Hiawatha N/A , Hornepayne, P0M 1Z0, Algoma
Postal Code: P0M 1Z0
Province/State: Algoma
Legal Description: RP 1R1330 PART 1 PCL 11604 AWS NAGAGAMI
Directions/Cross Streets: Nagagami Lake Fly in access only
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 0
Washroom Type 7 0
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Washroom Type 11 0
Washroom Type 12 0
Washroom Type 13 0
Washroom Type 14 0
Washroom Type 15 0
Category: Accommodation
Use: Cabins/Cottages
Building Percentage: T
Total Area: 7.34
Total Area Code:  Acres
Financial Statement: F
Chattels: T
Franchise: F
Days Open: V
Washrooms: 0
Heat Type: Other
Central Air Conditioning: No
Sewers: Septic
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE FRANK REAL ESTATE
Personal Picture
Gaurang Shah
Licenced Realtor
Dir:
416-841-0587
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905-458-1123
 
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At a Glance:
Type: Com - Investment
Area: Algoma
Municipality: Hornepayne
Neighbourhood: Dufferin Grove
Style:
Lot Size: x 519.61(Feet)
Approximate Age:
Tax: $562.4
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
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