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5032 TRANS-CANADA Highway

5032 TRANS-CANADA Highway

White River, Ontario

3,500 sqft • Other

$508,000

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.

Price History

Property

Lot Size
1.8 acres

Community

Postal area P0M

Population
49,727
Private dwellings
24,862
Median age
46.8
Average household size
2.3
Median household income
$86,000

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

Hospitality in White River · 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 hospitality properties in White River over the last 12 months.

Location

Mortgage Calculator

$101,600

Estimated Monthly Payment

$2,496

Investment Analysis

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

Mortgage: $2,496/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $127/mo

Estimates only. Consult a financial advisor.

R

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