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For saleListed 24 days agoMLS® X13797028

1050 Oxtongue Lake Road, Algonquin Highlands, ON

McClintock, Algonquin Highlands · View map

$4,800,000
3.89Sq ft
InvestmentType
3.89 acresLot
$6,810/yrTaxes
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$4,800,000
Direct waterfrontYour own shoreline

About this property

An exceptional opportunity to own a truly special cottage resort on pristine Oxtongue Lake, in one of Ontario's most sought-after recreational destinations near world-renowned Algonquin Park. Cloverleaf Cottages has become one of the area's most popular resorts with 13 distinctive cottages (3 winterized) , immaculate gardens and grounds, extensive guest amenities, substantial waterfront, excellent income, and exceptionally loyal, repeat clientele. Property features an office with store, main building which could be utilized for an owner or manager's home, two-car garage, coin-op laundry facilities, multiple gazebos with incredible vantage points throughout, charming gathering spaces, and a popular kid's playground with basketball court. Consists of eight (2) bedroom cottages, four (3) bedroom cottages, and one cozy (1) bedroom cottage. Several are located right on the waterfront. All cottages are uniquely designed and furnished and include a fully-equipped kitchen, satellite tv, wireless internet, deck with outdoor furniture and bbq. Canoes, pedal boats and kayaks are available for guest use. All of this is exactly why this resort boasts full occupancy from mid-May to mid-October. 450 feet of waterfront and 3.9 acres of land, right on the lake. Swimming, boating, fishing, paddling and lakeside relaxing are all right here. Shopping and dining in nearby Dwight, historic downtown Huntsville is 25 minutes away. Algonguin Park allows for even more hiking and recreational opportunities. ATV and snowmobile trails down the road. Whether you are an experienced resort operator, investor, entrepreneur or family seeking a business that combines income with an extraordinary lifestyle, this is a rare opportunity to acquire a resort that has clearly been loved and exceptionally well cared for.

The property

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Estimated monthly cost—Mortgage, property tax and insurance
  • Mortgage
  • Property tax
  • Insurance

Cash needed to close

  • Down payment
  • Ontario land transfer tax
  • Legal fees and title insurance (est.)
  • Inspections: building, septic, water (est.)
  • Total to close

Estimates for illustration only. Recreational property can need a larger down payment and a different rate than a city home. See how cottage financing works.

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1050 Oxtongue Lake Road, Algonquin Highlands, ON

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Listing courtesy of RE/MAX Professionals North. Listing data © PropTx MLS®. Information deemed reliable but not guaranteed.

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