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1801 HWY 71

Nestor Falls, Ontario

  • Recreational
$749,000

Red Deer Lodge could be purchased as a private family compound, operated as rental housekeeping cabins, or developed and sold as individual condominium cabins. Established in 1932, Red Deer Lodge was a premier Canadian hunting & fishing resort destination for many years. Located one mile north of Nestor Falls on Sabaskong Bay, Lake of the Woods, the 1.64 acre peninsula features 830 feet of rock and boulder studded shoreline owned to the high water mark. The low profile property offers south, west and north exposure with no immediate neighbors. The terrain is level with rock outcrops and thick towering pines. In the fall of 2014, fire razed the main lodge and four outbuildings. There are 10 seasonal housekeeping cabins on the property ranging from 362 s/f to 703 s/f. Cabins are constructed of vertical log and/or horizontal log and some have partial frame additions. Each cabin has a kitchenette, one or two bedrooms, a bathroom, and some have living rooms. Cabins have propane space heaters and stoves. In 2015, a three-season utility cabin was constructed to house the 200-amp electrical service, water system pressure tank and laundry facilities. Near the water's edge is a boathouse with fish cleaning station and sundeck plus a concrete boat ramp. Amenities include underground hydro to the property with overhead lines to the cabins; 200-amp electrical service; 245' drilled well (2002); electric hot water tanks and two septic holding tanks. There is cellular service at this location and WiFi is available. Advance notice required for viewings please. 13% HST applies to the purchase.

Price History

Property

Lot Size
1.64 acres

Community

Postal area P0X

Population
8,410
Private dwellings
7,414
Median age
43.6
Average household size
2.5
Median household income
$75,500

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

Recreational in Nestor Falls · 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 recreational properties in Nestor Falls over the last 12 months.

Walk Score

1

Walk

16

Bike

Scores by Walk Score®

Mortgage Calculator

$149,800

Estimated Monthly Payment

$3,680

Land transfer tax

Estimated land transfer tax$11,455

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

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

Mortgage: $3,680/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $187/mo

Estimates only. Consult a financial advisor.

R

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