1594 LAKESHORE DRIVE N
Shuniah, Ontario
MLS® X13531240
$2,950,000
- Status
- Active
- Property type
- Retail
- MLS® number
- X13531240
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 21Listing description
NEW PRICE for property with exceptional Income returns. Mobile Home Park Near Lake Superior on approximately 20 acres, located just 10 minutes east of Thunder Bay along Lakeshore Drive. The 58 unit property includes 49 mobile sites and 9 residential units, delivering strong and diversified cash flow.
Family-owned since 1997, the park has undergone updates, service improvements and renovations over several years, resulting in a notable increase in gross rental income, currently estimated at $410,000 annually. Ideally situated near Lake Superior, Amethyst Harbour, and Wild Goose Beach, the setting offers long-term tenant appeal. Dual zoning (Mobile Home Residential & Highway Commercial) provides added flexibility and future development potential.
Turnkey asset with stable income and upside.
Property summary
- MLS® number
- X13531240
- Property type
- Retail
- Square footage
- 5,500 sq ft
- Land size
- 1300 x 865 FT
- Annual property taxes
- $20,993.00
- Days on market
- 54 days
Features & details
- Heating
- Other
- Cooling
- None
What would this home cost you?
Based on the $2,950,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX ADVANTAGE REALTY LTD., LONDON.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.