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8856 Hwy 560

8856 Hwy 560

Timiskaming, ON

  • 7 sqft
  • Investment
  • 276 days on market
$1,000,000

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.

Listing Details

Taxes (2024)
$2,423
Listed
December 16, 2025

Price History

Property

Lot Size
2116 x 500 Feet

Parking

Garage
Other

Location & Legal

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.
Zoning
Commercial
Parcel Number
613200012
Possession
Flexible
Occupancy
Owner

Community

Postal area P0J

Population
20,179
Private dwellings
9,704
Median age
47.6
Average household size
2.3
Median household income
$72,500

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

Commercial in Timiskaming · last 12 months

Median sold price
$212,500
Homes sold
48
Median days on market
30
Sale-to-list price
92.0%

Based on 48 recorded sales of commercial properties in Timiskaming over the last 12 months.

Listed by

PG DIRECT REALTY LTD.

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Annual property tax
$2,423

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

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