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$508,000
Available - For Sale
Listing ID: X13117868
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 $508,000
Taxes: $560.89
Tax Type: Annual
Assessment Year: 2025
Occupancy by: 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
No. of Pieces Level
Washroom 1 0
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Washroom 41 0
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Washroom 54 0
Washroom 55 0
Category: Highway Commercial
Use: Other
Building Percentage: T
Total Area: 1.8
Total Area Code:  Acres
Retail Area Code: Sq Ft
Area Influences: Greenbelt/Conse   Major Highway
Approximatly Age: 31-50
Chattels: T
Franchise: F
Days Open: V
Maintenance: 0
Sprinklers: Part
Outside Storage: T
Heat Type: Electric Forced Air
Central Air Conditioning: Yes
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RE/MAX REAL ESTATE CENTRE INC.

5032 TRANS-CANADA Highway East , Wawa, P0M 3G0, Algoma

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Maria Tompson
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416-548-7854
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At a Glance:
Type: Com - Commercial Retail
Area: Algoma
Municipality: Wawa
Neighbourhood: Dufferin Grove
Style:
Lot Size: x 267.56(Feet)
Approximate Age: 31-50
Tax: $560.89
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Personal Pic Maria Tompson Sales Representative Re/Max Example Inc, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Re/Max Example Inc, Brokerage
Independently owned and operated.
support@bestforagents.com

 

 

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