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Christine Domina
Real Estate Smarts - Christine Domina
christine@realestatesmarts.ca +1(416) 873-4747$7,900,000
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision Saugeen Shores
MLS Listing ID X13041094
Annual Tax Amount $14,508
Tax Year 2025
Property Sub-Type Investment
Property Description
Rare Opportunity Alert! This Luxury Vacation Property Is Ready for a New Owner , Operational With a Small Investment of capital. Main building with 7 units is close to occupancy with the remaining 4-5 units halfway there. Elegant design throughout and no expense spared on implementation. Market peak appraisal showing 13 million dollars! Located in the quiet, vibrant and fully serviced downtown of Southhampton- an area with mostly protected shorelines. A rare building with commercial uses directly on the pristine soulful shores of lake Huron. Area influences include the Bruce Power Plant with strong salaries and a workforce that will keep vacancy rates to a minimum. Prospectus available on request estimates $500+ nightly stays in high season and 1.8 gross revenue (after vacancy estimates based on intended operation.) Flexibility in completion plan to operate with 11-13 units total. VTB is an option at desirable rates. View unbranded video tour for a more detailed look at the property. Buyer to complete their own diligence.
Location
Province ON
County Bruce
Area Bruce
Interior
Cooling Yes
Exterior
Utilities Available Available
Lot Frontage 66.05
Lot Depth 304.72
Others
ParcelsYN No
Virtual Tour https://strive-realty.aryeo.com/sites/egbnjdal/unbranded
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Listed by STRIVE REALTY LTD.
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