Property Address: 1120 Deer Lake Rd, Emsdale, ON, P0A1J0
Average square foot calculated using Size range provided by listing agent.
Description
Welcome to Mona Lisa Resort! Wonderful investment opportunity set on a private 71 acres of land with trails and a creek going through the property. Own your private resort just 2.5 hours north of Toronto 20 minutes from Huntsville. 4 Beautiful and unique buildings (already built) surrounded by forest tucked into nature recently constructed and bringing great income flow (Log Home, Small Tree House, Large Tree House, "A" Frame House, Geo Dome, 1 Bedroom Bunkie, Yurt). Elegant design, quality finishes modern kitchens and bathrooms, radiant in-floor heating for extra comfort. Tiki bar built over the creek, star gazing tower, nature trails. Spacious decks that face the forest, large fire-pit area, private outdoor sauna, cold plunge. The tap water is fully tested & potable (drinkable). Tremendous potential to grow the income Commercial Tourist Park Zoning allowing to build up to 15 properties. Potential to triple the existing income from the resort increase the cash flow and the equity substantially. The owner has plans and design already created to build out all the rest of the properties with construction budget in place and is willing to build for the new buyer to maximize the return or sell as is and have the buyer design and build to the best of their liking. Severance application will be submitted to split the property into 2 and build even more cottages/cabins (up to 20) to provide even more cash flow. Seller is willing to hold the mortgage on the property at a reasonable rate.Show Description