$2,500,000
Available - For Sale
Listing ID: X8042074
88 Victoria St West , Kincardine, N0G 2T0, Ontario


Turn-key investment opportunity steps from the sandy shores of Lake Huron. Boutique style four-seasons cottage resort, appealing to an exclusive clientele base and generating an impressive stream of income. This exceptional package features almost a full acre of prime real estate along the Lake Huron coast and a well established, family-run heritage business. With 5 fully furnished cottages, this property offers incredible income potential. Ideal for short-term rentals, vacation stays, and even year-round tenants, you can enjoy a steady stream of income while reaping the benefits of property appreciation. Each cottage exudes rustic charm and comfort, providing a true cottage experience. From cozy interiors to the outdoor decks, these cottages are designed for relaxation and enjoyment. The cottages come turnkey ready, with a proven track record of successful rentals. Efficient property management systems are in place to help you maximize your income.
Extras:   With room for even more value-added opportunity and potential future development, this property presents a great addition to your portfolio. Centrally located between Inverhuron Provincial Park and Bruce Power.
Price $2,500,000
Taxes: $4166.05
Tax Type: Annual
Occupancy by: Tenant
Address: 88 Victoria St West , Kincardine, N0G 2T0, Ontario
Postal Code: N0G 2T0
Province/State: Ontario
Legal Description: LOTS 1 AND 2 AND PART LOT 30 PLAN 361 AN
Lot Size: 274.58 x 178.14 (Feet)
Directions/Cross Streets: Highway 21
Category: Accommodation
Use: Cabins/Cottages
Building Percentage: Y
Total Area: 36619.00
Total Area Code:  Sq Ft
Area Influences: Major Highway  
Approximatly Age: 31-50
Financial Statement: Y
Chattels: Y
Sprinklers: N
Outside Storage: N
Crane: N
Soil Test: N
Truck Level Shipping Doors #: 0
Drive-In Level Shipping Doors #: 0
Grade Level Shipping Doors #: 0
Heat Type: Propane Gas
Central Air Conditioning: N
Elevator Lift: None
Water: Municipal
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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.
KELLER WILLIAMS REALTY CENTRES
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Gaurang Shah
Licenced Realtor
Dir:
416-841-0587
Bus:
905-458-7979
Fax:
905-458-1220
 
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At a Glance:
Type: Com - Investment
Area: Bruce
Municipality: Kincardine
Neighbourhood:
Style:
Lot Size: 274.58 x 178.14(Feet)
Approximate Age: 31-50
Tax: $4,166.05
Maintenance Fee: $0
Beds:
Baths:
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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