$599,888
Available - For Sale
Listing ID: X13117868
5032 TRANS-CANADA Highway East , Wawa, P0M 3G0, Algoma
| Welcome to an exceptional Commercial/Residential opportunity on Fungus Lake in White River. This rare 2.00-acre point property offers 194.41 ft of natural, deep, clear-water shoreline, providing panoramic lake views and breathtaking sunsets. The combination of sandy beach entry and deep-water frontage makes this an ideal location for families, year-round recreation. The primary bungalow-style resort house is privately nestled among mature trees and positioned to overlook the lake. Features include: Full kitchen, Dining room, Spacious living room, Satellite TV and internet access. Direct access to the waterfront and resort amenities. This home is suitable as an owner's residence, year-round lodge, or operations building. 8 Cabins & Guest Lodge The property includes 8 fully equipped, each offering, Private washrooms Full kitchens with stoves, refrigerators, and microwaves.TV units. Ample interior space for families and groups In addition, Guest Lodge provides 8 spacious rooms, 1 bathroom, and a shared kitchen, ideal for larger parties or overflow accommodations. Multi-family recreational retreat. Owner-occupied residence with income generation. Zoned Tourist Commercial, Year-round resort operations Existing commercial amenities include: Two double fuel pumps (two gas, two diesel) offering strong revenue potential. Convenience store with counters, freezers, and retail space, Private sandy beach ideal for children and safe swimming. Deep-water access for docking, boating, and fishing. Halfway between Wawa and north of White River. Approximately 4 hours from Thunder Bay. Approximately 10 hours from the GTA. Excellent access for tourists, anglers, snowmobilers, Turnkey income-producing property with multiple revenue streams: lodging, fuel sales, retail. Strong year-round demand for fishing, hunting, snowmobiling, and northern tourism. Ideal for investors, resort operators, or families seeking a northern lifestyle property with built-in income. |
| Price | $599,888 |
| Taxes: | $560.89 |
| Tax Type: | Annual |
| Assessment Year: | 2025 |
| Occupancy: | Vacant |
| Address: | 5032 TRANS-CANADA Highway East , Wawa, P0M 3G0, Algoma |
| Postal Code: | P0M 3G0 |
| Province/State: | Algoma |
| Legal Description: | PCL 11636 SEC AWS; LOCATION MS34 DAHL PT |
| Directions/Cross Streets: | Paint Lake Road |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Highway Commercial |
| Use: | Other |
| Building Percentage: | T |
| Total Area: | 1.80 |
| Total Area Code: | Acres |
| Retail Area Code: | Sq Ft |
| Area Influences: | Greenbelt/Conse Major Highway |
| Approximatly Age: | 31-50 |
| Sprinklers: | Part |
| Washrooms: | 0 |
| Heat Type: | Electric Forced Air |
| Central Air Conditioning: | Yes |
$
%
Years
This calculator is for demonstration purposes only. Always consult a professional
financial advisor before making personal financial decisions.
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX REAL ESTATE CENTRE INC. |
|
|
Malik Ashfaque
Sales Representative
Dir:
416-629-2234
Bus:
905-270-2000
Fax:
905-270-0047
| Book Showing | Email a Friend |
Jump To:
At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Algoma |
| Municipality: | Wawa |
| Neighbourhood: | Dufferin Grove |
| Approximate Age: | 31-50 |
| Tax: | $560.89 |
| Fireplace: | N |
Locatin Map:
Payment Calculator:
