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544 Ketchankookem Trail

544 Ketchankookem Trail

Mindemoya, Manitoulin Island, Ontario

Other

$1,777,000

Discover the enchanting Cedar Grove Cottages, a well-established 12-cottage resort nestled on the sandy shores of Mindemoya Lake with approximately 400' of frontage. This turnkey business boasts a loyal clientele, consistently achieving full bookings from June to middle of October, year after year. The resort features 8 two-bedroom and 4 three-bedroom cottages with rustic log siding, durable metal roofs, and each includes a private BBQ and porch for relaxing outdoor moments. Fully equipped and furnished, these cottages are ready for immediate operation. Guests can enjoy five docks with sitting areas, ample space for boating, motors and all necessary equipment included, a spacious recreational area where children can engage in various sports, a shared fire pit area for memorable evenings under the stars, and mature cedar trees offering privacy for each cottage. The 5.6 acre property includes a beautiful main home with matching log siding and a metal roof, an attached garage, and a basement workshop that houses the resort’s laundry facilities. Live where you work! The home features three bedrooms, 2 bathrooms, a cozy living area, a well-appointed kitchen, an office, and hardwood floors throughout, with a large deck already set up for a hot tub, perfect for unwinding after a long day’s work. Situated on picturesque Mindemoya Lake, the resort is ideal for boating, fishing, and water sports, with close proximity to a golf course and just a short distance from the town of Mindemoya, providing easy access to local amenities and services. Cedar Grove Cottages is not just a resort; it’s a thriving business with a solid reputation and a history of happy guests. This is a unique opportunity to own a piece of paradise and a profitable venture, all in one. Step into this turnkey operation and continue its legacy of excellence!

Price History

Schools

Elementary

  • Central Manitoulin Public School2.9 km

    Public · Rainbow DSB · 205 students

    Grade 3 reading: 72% met the provincial standard · Grade 6 math: 17% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area P0P

Population
20,285
Private dwellings
12,782
Median age
50.8
Average household size
2.3
Median household income
$64,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Other in Mindemoya, Manitoulin Island · last 12 months

Median sold price
$0
Homes sold
0
Median days on market
0
Sale-to-list price
0.0%

Based on 0 recorded sales of other properties in Mindemoya, Manitoulin Island over the last 12 months.

Location

Mortgage Calculator

$355,400

Estimated Monthly Payment

$8,730

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $8,730/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $444/mo

Estimates only. Consult a financial advisor.

R

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