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468 WARNER BAY Road

468 WARNER BAY Road

Tobermory, Ontario

11,545 sqft • Hospitality

$2,699,000

Rare opportunity to acquire a turnkey waterfront resort in Tobermory set on approximately 10 acres with 575 ft of Lake Huron frontage. The property features five updated rental cottages with recent improvements and added guest amenities, offering strong short-term rental appeal. Professionally positioned for continued income with significant upside through expansion. Zoning supports tourist commercial use with approvals in place for up to 40 additional cabins, allowing a buyer to scale operations and maximize future revenue potential.

Price History

Property

Lot Size
8.4 acres

Schools

Elementary

  • St Edmunds Public School3.7 km

    Public · Bluewater DSB

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board.

Community

Postal area N0H

Population
53,674
Private dwellings
34,400
Median age
52.8
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 Tobermory · 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 Tobermory over the last 12 months.

Location

Mortgage Calculator

$539,800

Estimated Monthly Payment

$13,259

Investment Analysis

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

Mortgage: $13,259/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $675/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

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