8856 Hwy 560 W, Timiskaming, ON P0J 1G0
TIM - Outside - Rural, Timiskaming · Near From Elk Lake take Hwy 560 west for 17km. From Sudbury, take Hwy 144 north, turn east on Hwy 560 for 117 km. · View map
About this home
Visit REALTOR website for additional information. Turnkey resort investment in beautiful northern Ontario. This resort has been operated by 2 generations of the same family since 1970. The resort is situated in the stunning region of Elk Lake in Unorganized West Timiskaming. The 4-season resort sits on a peninsula on Long Point Lake. It's known for its excellent fishing, hunting and cottaging experiences. It has solid revenues and additional revenue potential. 13 cottages, office/residence and 10 outbuildings for maintenance, recreation and storage. 17 trailer spaces for seasonal RV's with the potential for additional trailer spaces. The resort enjoys a high rebooking rate with loyal customers and a low vacancy rate. Benefit from the well-managed, decades long ownership of a family that has taken pride and enjoyment in delivering a memorable experience for their guests year after year.
The home
- Type
- Investment
- Square footage
- 7.41 sq ft
- Lot size
- 2116 x 500 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Woodburning
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $2,423/yr
- Tax year
- 2024
- Occupancy
- Owner
- Possession
- Negotiable
- Cross street
- From Elk Lake take Hwy 560 west for 17km. From Sudbury, take Hwy 144 north, turn east on Hwy 560 for 117 km.
- Neighbourhood
- TIM - Outside - Rural
More
- MLS® number
- T12637210
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
8856 Hwy 560 N/A, Timiskaming, ON P0J 1G0
TIM - Outside - Rural, Timiskaming · Near From Elk Lake take Hwy 560 west for 17km. From Sudbury, take Hwy 144 north, turn east on Hwy 560 for 117 km.
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Listing history for 8856 Hwy 560 N/A
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 8856 Hwy 560 W
Answers come straight from this home’s MLS® listing.
How much is 8856 Hwy 560 W listed for, and what would it cost each month?
8856 Hwy 560 W is listed for $1,000,000. With 20% down ($200,000), the mortgage payment would be roughly $4,034 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $4,236 a month, all in. That figure is an illustration, not a quote.
Is 8856 Hwy 560 W freehold or a condo, and is there a monthly fee?
8856 Hwy 560 W is a investment in TIM - Outside - Rural, Timiskaming. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 8856 Hwy 560 W have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
What style of home is 8856 Hwy 560 W?
8856 Hwy 560 W is an investment. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 8856 Hwy 560 W, and what is the lot size?
The lot is listed as 2116 x 500 ft.
How is 8856 Hwy 560 W heated and cooled?
Heating is woodburning. The listing does not show air conditioning.
What are the property taxes for 8856 Hwy 560 W?
Property taxes are $2,423 a year (2024), or about $202 a month.
Where is 8856 Hwy 560 W?
8856 Hwy 560 W is in the TIM - Outside - Rural community of Timiskaming. The nearest main intersection is From Elk Lake take Hwy 560 west for 17km. From Sudbury, take Hwy 144 north, turn east on Hwy 560 for 117 km.. The postal code is P0J 1G0.
Is 8856 Hwy 560 W still for sale?
Yes. It is an active listing (MLS® T12637210). Listings here update from the board through the day and come down once a home sells.
What have homes at 8856 Hwy 560 N/A sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 8856 Hwy 560 W?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Courtesy of: PG DIRECT REALTY LTD.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. 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.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.