
Rural Alnwick/Haldimand / Alnwick/Haldimand, ON K0K 2X0
Why settle for the ordinary when you can have this turnkey waterfront paradise at Rice Lake? Presenting Rice Lake Retreat Cottage and Camping, a premier, fully modernized resort with approx 500ft of waterfront that perfectly blends luxury cottage rentals with a high-demand camping. The property features 8 fully winterized cottages designed for premium comfort and maximum rental yields. 7 cottages have undergone full renovation recently. Each cottage boasts a spacious 3-bedroom layout, perfect for family vacations or large groups, with 6 units offering a modern 1-washroom setup and 2 premium cottages featuring 2 full washrooms. While currently operating a highly profitable May to October season, there is incredible upside potential to unlock an extended or year-round season with approvals. Beyond the cottages, the property capitalizes on the booming outdoor hospitality market with 14 trailer sites that come fully equipped with all 3 services and 30-amp hydro. Guests will find endless entertainment on-site with a pristine sandy beach, a volleyball court, a playground, and a relaxing swimming pool (under construction). For boaters, the property boasts 18 private boat slips offering excellent passive income potential, with a convenient boat launch located just outside the property line. Turnkey, beautifully updated, and packed with amenities, this Rice Lake gem isa rare investment opportunity.
TRREB MLS® Attribution
MLS® X13506014
Listed by ROYAL LEPAGE SIGNATURE REALTY
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$7,320
/month · $1,199,200 mortgage
Amortization
Total Interest
$996,744
Total Cost
$2,195,944
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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ROYAL LEPAGE SIGNATURE REALTY