6.7CAP - Profitable Small Resort Near Sturgeon Lake
6.7CAP! A charming boutique cottage resort near beautiful Sturgeon Lake, one of Ontario’s well-known fishing and vacation destinations, only about 1.5 hours from Markham! ✨ Approx. 0.37-acre corner property ✨ Lakefront park and waterfront directly across the street ✨ Exclusive deeded access to the private waterfront park and lake access ✨ 4 rental cottages total: Long-established business with many loyal repeat guests Stable and growing rental income Valuable grandfathered status — no short-term rental licensing fee required, saving approximately $6,000/year Asking Only $798,000 Approx. 6.7% Cap Rate Annual rental income over $70,000+ Own a vacation high income property for around the price of a Toronto condo! Rare opportunity with strong cash flow and future upside.
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