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Renanza Realty
For sale

5032 E TRANS-CANADA Highway

White River, Ontario

MLS® 40818535

$508,000

Status
Active
Property type
Hospitality
MLS® number
40818535
Bedrooms
—
Bathrooms
—
Year built
1970

Listing description

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 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 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.

TSA license is for Gas and Desal pump 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.

Property summary

MLS® number
40818535
Property type
Hospitality
Building type
Recreational
Size
3,500 sq ft
Title
Freehold
Land size
1.8 acres
Built in
1970
Annual property taxes
$560.89
Parking
20 spaces · Detached Garage
Days on market
171 days

Features & details

Basement
None
Exterior features
Wood, Aluminum siding, Vinyl siding, Other
Lot features
Paved driveway
Waterfront
Waterfront

What would this home cost you?

Based on the $508,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$2,364 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of RE/MAX Real Estate Centre Inc., Kitchener.

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.