100 ALCOVE DRIVE, Tay

$6,188,000

For sale: Other

Other at 100 ALCOVE DRIVE, Tay
Property type
Investment
MLS®
MLS® S12526260
Neighbourhood
Rural Tay

Located on the shores of Georgian Bay in Port Severn this resort motel offers Kitchenettes, hotel rooms and waterfront cottage units. This area offers some of the best sport fishing and is also located on Highway 400 for maximum exposure for the Tourist Business. A total of 20 units and two separate living quarters make this an excellent package. All year round business. Almost 300 Ft waterfront. The famous public boat launch spot in Georgian Bay area. Diverse revenue streams: Marina & Boat Rental / Fishing tackle shop/ B&B/ Convenient Store opportunities. New roof on 2022. New dock on 2024. Business and Property "sold as is" offering a seamless transition for new owners. Showing on Tue/Wed/Thu with 24hrs notice, please do not talk to the guest & disturb the business.

Sold data

Homes in Tay — recent sold market

Homes in Tay took a median of 32 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 62, across 54 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 84 days.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 $598,000.

Homes sold for about 2.7% below asking on average, so there was room to negotiate.

About 6% of sales closed above the list price.

Around 30% of sellers reduced their price before finding a buyer.

Median days to sell
32
Median sale price
$598,000
Sale-to-list ratio
97.3%
Sold above asking
6%

Based on 54 recorded sales in the last 90 days — 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 100 ALCOVE DRIVE