21 photos
5428 Young Street 340, Hamilton Township, ON K0K 2H0
Rural Hamilton · Hamilton Township · K0K 2H0
$2,299,000
About this property
Situated on the highly sought-after south shore of Rice Lake within easy reach of the GTA, Sandy Shore Luxury Cottage Resort presents a rare turnkey opportunity to acquire a fully established, premium waterfront hospitality business featuring a collection of upscale, 7 cottages and a complete lifestyle amenity suite tailored to modern traveler demands. Every thoughtfully designed residence steps far beyond typical cottage standards, boasting climate-controlled comfort, modern interiors, exceptional privacy, and framed waterfront views of nightly sunsets, alongside guest-favorite amenities like a heated outdoor pool, sauna facilities, and an extensive custom dock system that consistently drive strong occupancy and high-yielding short-term rental rates. Designed for immediate turn-key operations, the property includes virtually everything required for seamless business continuity, while offering substantial upside potential to expand revenue into shoulder and winter seasons through targeted marketing, brand scaling, and winterized accommodations serving ice fishing, snow mobiling, and wellness retreats. Permit to build an additional unit above the office space is available. A refined, fully independent owner's residence provides pristine, year-round personal living quarters that allow an owner-operator to comfortably reside on-site while managing operations, and vendor take-back (VTB) financing options may be made available to qualified buyers seeking to acquire a landmark Northumberland waterfront asset.
Details
- Property type
- Investment · Commercial
- Heating
- Baseboard
- Cooling
- Yes
- Sewer / septic
- Septic
- Garage
- Double Detached
Location
Approximate location, placed by postal code. Postal code data © GeoNames (CC BY 4.0).
Payments on this home
Estimated monthly payment
$10,179
Principal and interest only, using Canadian semi-annual compounding. Taxes, insurance, and CMHC premiums (required under 20% down) are extra. For planning, not a lending commitment.
Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY. Listing data provided by the originating real estate board via PropTx Amplify Syndication.
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Information is deemed reliable but not guaranteed accurate. Room measurements are deemed reliable but not guaranteed.