$2,749,000
For sale: Multiplex

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.
Sold data
Homes in Magnetawan took a median of 30 days to sell over the last 365 days, with the quickest quarter selling within 21 days and the slowest quarter taking more than 80, across 40 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 78 days.
The median sale price was $414,000.
Homes sold for about 4.3% below asking on average, so there was room to negotiate.
About 12% of sales closed above the list price.
Around 25% of sellers reduced their price before finding a buyer.
Based on 40 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.
Schools
Magnetawan has 1 Fraser Institute–rated school (1 elementary).
School ratings from the Fraser Institute's Ontario school report cards.
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