340 - 5428 YOUNG STREET, Hamilton Township

$2,299,000

For sale: Other

Other at 340 - 5428 YOUNG STREET, Hamilton Township
Property type
Investment
MLS®
MLS® X14027636
Neighbourhood
Rural Hamilton

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.

Sold data

Homes in Rural Hamilton — recent sold market

Homes in Rural Hamilton took a median of 22 days to sell over the last 365 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 48, across 92 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 30 days.

The median sale price was $687,000.

Homes sold for about 2.6% below asking on average, so there was room to negotiate.

About 15% of sales closed above the list price.

Around 14% of sellers reduced their price before finding a buyer.

Median days to sell
22
Median sale price
$687,000
Sale-to-list ratio
97.4%
Sold above asking
15%

Based on 92 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near 340 - 5428 YOUNG STREET