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    This document provides details about a resort for sale located at 1326 Kawagama Lake Road in Dorset, Ontario. The resort consists of 18 privately owned trailers that pay land lease and maintenance fees, 9 resort-owned cottages ranging from 1 to 3 bedrooms, and 3 vacant lots. Amenities include a restaurant, docks, hiking and snowmobile trails, mini golf, playground, and beach. Financial information indicates annual revenue of approximately $297,740 consisting mainly of land leases, lodge and cottage rentals, and restaurant lease. Annual expenses are estimated at $97,900 resulting in net income of $199,840. Contact information is provided for the listing agent.

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    This document provides details about a resort for sale located at 1326 Kawagama Lake Road in Dorset, Ontario. The resort consists of 18 privately owned trailers that pay land lease and maintenance fees, 9 resort-owned cottages ranging from 1 to 3 bedrooms, and 3 vacant lots. Amenities include a restaurant, docks, hiking and snowmobile trails, mini golf, playground, and beach. Financial information indicates annual revenue of approximately $297,740 consisting mainly of land leases, lodge and cottage rentals, and restaurant lease. Annual expenses are estimated at $97,900 resulting in net income of $199,840. Contact information is provided for the listing agent.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
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    Download as pdf or txt
    57 views8 pages

    Untitled

    Uploaded by

    api-26443221
    This document provides details about a resort for sale located at 1326 Kawagama Lake Road in Dorset, Ontario. The resort consists of 18 privately owned trailers that pay land lease and maintenance fees, 9 resort-owned cottages ranging from 1 to 3 bedrooms, and 3 vacant lots. Amenities include a restaurant, docks, hiking and snowmobile trails, mini golf, playground, and beach. Financial information indicates annual revenue of approximately $297,740 consisting mainly of land leases, lodge and cottage rentals, and restaurant lease. Annual expenses are estimated at $97,900 resulting in net income of $199,840. Contact information is provided for the listing agent.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
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    of 8

    U ON M

    AL SE L AS

    KO S R S

    A SORT K E

    RESORT FOR SALE

    1326 KAWAGAMA LAKE

    ONTARIO

    LAKE OF BAYS & DORSET

    CONTACT:

    PRESIDENT & BROKER OF RECORD T 905 695 9170 gcrosby@ashlarcc.com

    GLENN CROSBY

    SALES REPRESENTATIVE T 905 695 9222 ext. 172 apope@ashlarcc.com

    ARAN POPE

    ASHLAR CROSBY CAIRO REALTY INC.


    REAL ESTATE BROKERAGE 60 Renfrew Drive Suite 240 Markham, Ontario L3R 0E1 T 905 695 9222 F 905 695 9169 www.ashlarurban.com

    The information contained herein has been given to us by the owner of the property or other sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. All information should be verified prior to purchase or lease.

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    DETAILS
    LOCATION: DESCRIPTION: SITE SIZE: ZONING: MLS:

    LAKE OF BAYS & DORSET, ONTARIO

    1326 Kawagama Lake Road, Dorset, Ontario four seasons cottage resort with restaurant and dock facilities 10.878 acres (incld 1,260 feet of waterfront) recreational commercial (C3-3 and C3-6) X2288138, X2288650 & X2288683

    COMMENTS
    18 individual privately owned trailers pay land lease, maintenance and utilities 9 owned by the resort (1 - 3 bedrooms) 3 vacant lots owned by the resort 30 sites in total

    IMPROVEMENTS
    restaurant (3,425 sf) docks office front cottage Cottage #1 - 1 bedroom Cottage #2 - employee accommodations Cottage #3 - 2 bedrooms Cottage #4 - 2 bedrooms

    SERVICES
    accessed by year round asphalt paved roads on-site gravel parking & internal roads electricity telephone on-site septic disposal system drilled well - new pumping station commercial & governmental services, primary and secondary schools and cultural amenities within easy driving access

    RESORT FACILITIES
    hiking and snowmobile trails mini-golf putt on-site restaurant childrens playground waterfront with beach and boat docks

    ASHLAR CROSBY CAIRO REALTY INC.


    REAL ESTATE BROKERAGE 60 Renfrew Drive Suite 240 Markham, ON L3R 0E1 T 905 695 9222 F 905 695 9169 www.ashlarurban.com

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    1326 KAWAGAMA LAKE


    MAP LOCATIONS

    LAKE OF BAYS & DORSET, ONTARIO

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    1326 KAWAGAMA LAKE

    LAKE OF BAYS & DORSET, ONTARIO

    SEASONAL RENTAL RATES


    LODGE RENTAL RATE Weekend (Fri - Sun) Long Weekend (Fri - Mon) Week (7 nights) (excluding July & August) Week (7 nights) July & August Week with long weekend (8 nights) Monday - Friday (4 nights) Weeknights /night Weeknights /night (per room) TRAILER AND CABIN RENTAL RATE 1 Bedroom (2 - 4 people max) Weekend (Fri - Sun) Long Weekend (Fri - Mon) Week (7 nights) Week with long weekend (8 nights) Monday - Friday (4 nights) Weeknights /night 2 Bedrooms (4 - 6 people max) Weekend (Fri - Sun) Long Weekend (Fri - Mon) Week (7 nights) Week with long weekend (8 nights) Monday - Friday (4 nights) Weeknights /night 3 Bedrooms (6 - 8 people max) Weekend (Fri - Sun) Long Weekend (Fri - Mon) Week (7 nights) Week with long weekend (8 nights) Monday - Friday (4 nights) Weeknights /night 2000 2350 3080 3330 4070 2200 1320 220

    630 750 1050 1150 450 215

    750 1090 1050 1450 550 250

    750 1320 1375 1650 935 360

    ASHLAR CROSBY CAIRO REALTY INC.


    REAL ESTATE BROKERAGE 60 Renfrew Drive Suite 240 Markham, ON L3R 0E1 T 905 695 9222 F 905 695 9169 www.ashlarurban.com

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    LAKE OF BAYS & DORSET, ONTARIO

    RESORT PROJECTED INCOME


    LODGE $3,000 per week - $3,300 per week (July / August) Approximately 16 weeks TRAILERS $1,050.00 per week Approximately 16 weeks 5 trailers REVENUE SOURCE Land Leases Lodge Rentals Trailer / Cabin Leases Seasonal Rentals Restaurant Lease TOTAL REVENUE EXPENSES Insurance Taxes Maintenance YEARLY $81,680 $50,400 $41,340 $84,000 $24,000

    MAINTENANCE $16,320

    $297,740

    Garbage Removal Lawn Care Snow Removal

    Hydro - common Salaries ($300 per week plus housing) Telephone Repairs, Maintenance & Miscellaneous Total Expenses (approximate) NET INCOME

    $10,900 $8,400 $3,500 $2,500 $4,500 $30,000 $15,600 $2,500 $20,000 $97,900 $199,840
    ASHLAR CROSBY CAIRO REALTY INC.
    REAL ESTATE BROKERAGE 60 Renfrew Drive Suite 240 Markham, ON L3R 0E1 T 905 695 9222 F 905 695 9169 www.ashlarurban.com

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    1326 KAWAGAMA LAKE


    PHOTOS

    LAKE OF BAYS & DORSET, ONTARIO

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    1326 KAWAGAMA LAKE


    PHOTOS

    LAKE OF BAYS & DORSET, ONTARIO

    CONTACT LISTING AGENT FOR FURTHER DETAILS

    ARAN POPE
    T 905 695 9172 F 905 695 9169 apope@ashlarcc.com

    ASHLAR GROUP OF COMPANIES


    ASHLAR CROSBY CAIRO REALTY INC.
    REAL ESTATE BROKERAGE 60 Renfrew Drive Suite 240 Markham, Ontario L3R 0E1 T 905 695 9222 F 905 695 9169 www.ashlarurban.com

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