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For saleListed 46 days agoMLS® X13710380

184 Chapman Drive, Magnetawan, ON

Magnetawan · Lake Cecebe · View map

$2,749,000
20Beds
10Baths
2000-2500Sq ft
Lake CecebeWaterbody
71 ftFrontage
BungaloftStyle
4.78 acresLot
Public Road, Year Round Municipal RoadAccess
$7,813/yrTaxes
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$2,749,000
Direct waterfrontOn Lake Cecebe
71 ft of frontageMeasured along the water
Four-seasonBuilt for year-round use
Sandy shorelineEasy walk-in swimming

About this property

8 Awesome Cabins + 1 Gorgeous Main House! Come Live On The Beautiful Shores Of Lake Cecebe. This Business Runs @ 90% Occupancy During The Peak Months. Clients Come Back Year After Year. Revenue Approximately $300,000(Yr), With Opportunity To Expand. Current Owners Have Created An Incredible Marketing Platform & Easy To Manage Booking System That Makes This Turnkey For The Novice Investor (Seller's Willing Ton Consult, If Wanted) Cabins All Have Own Kitchen/Bath/Lakeview (2 X 3 Bd/1 Bath, 4 X 2 Bd/1 Bath, 1 X 1bd / 1 Bath, 1 X Bachelor) Main House Is Beautifully Renovated - Keep As Your Own Or Use It To Provide Rental Income. This Resort Has Over 200 Ft Of Sandy Waterfront On The Picturesque Shores Of Lake Cecebe. Endless Activities To Be Enjoyed With The Canoes, Kayaks, Paddle Boards And Pontoon Boats. There Is A Games Room Where Young And Old Can Enjoy Playing Table Tennis, Pool, Video Games And Much More. With A 2.2 Acre Lot Behind The Resort To Be Used For Storage, Parking Or Further Development To Provide Endless Possibilities. This Is A One-Of-A-Kind Turnkey Investment Opportunity.

The property

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Parking
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Waterfront

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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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184 Chapman Drive, Magnetawan, ON

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Listing courtesy of DAN PLOWMAN TEAM REALTY INC.. Listing data © PropTx MLS®. Information deemed reliable but not guaranteed.

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