$1,600,000
For sale: Other

A rare opportunity to own a tourist camp on beautiful Crow Lake in Northwestern Ontario. Set on approximately 6.54 acres with 360 feet of shoreline, this property offers a sand beach, protected harbour, main lodge, six guest cabins, a mobile home, and a modern owner?s residence. The 1,280 sq. ft. owner's residence features 2 bedrooms, 2 bathrooms, dual-pane windows, low-maintenance exterior finishes, a Jotul wood-burning stove, a drilled well, a septic system, and a wood-fired sauna. The main lodge, originally built around 1936 with an addition in 2004, includes 3 bedrooms, 1 bathroom, an office, and lodge space with a history of American Plan use. Guest accommodations include five 2-bedroom cabins and two 1-bedroom cabins, each with a 3-piece bathroom and screened porch, plus a 2-bedroom mobile home with a screened porch. Part of the camp?s operation includes a fly-in-only cabin located approximately 16 air miles from Nestor Falls. The cabin is situated on Crown land under an existing MNR Land Use Permit (LUP). The camp operation also includes a separate MNR LUP on nearby Lake of the Woods, allowing guests to trailer their boat over and fish Lake of the Woods for the day, as well as an LUP allowing for one small boat on Cedar Tree Lake. (LUPs are not being represented as transferable assets. Buyer is to complete their own due diligence with MNR regarding continued use, replacement permits, terms, conditions, expiry, fees, and approval requirements.) A well-rounded waterfront property with strong recreational appeal and excellent potential for an owner-operator, family retreat, or continued tourism use.
Sold data
Homes in Sioux Narrows-Nestor Falls (TB-523) took a median of 40 days to sell over the last 730 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 77, across 48 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 84 days.
The median sale price was $352,000.
Homes sold for about 4.7% below asking on average, so there was room to negotiate.
About 17% of sales closed above the list price.
Around 17% of sellers reduced their price before finding a buyer.
Based on 48 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
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