PCL 4500 Nungesser LK
Red Lake, Ontario
- Other
This camp is what dreams are made of! It may be exactly the opportunity you've been searching for: a beautiful established resort property with a high occupancy rate and a very strong percentage of repeat clientele year over year. Located on Nungesser Lake which is a fresh water lake and the head water of the entire Gull Rock, Keg, Red, Little Vermilion, Nungesser Lake Chain. It is approximately 18.5 miles long and has approximately 30,000 acres of fish holding structures. The property features 10 guest cabins accommodating 66 guests as well as a main lodge with living quarters, workshop/ storage shed, laundry house, office/store, bait house and an updated docking system that accommodates up to 26 boats. Recent upgrades include brand new cabin 3, 4 and 5, office and store building done in 2019, portage landing rebuilt, new septic system, and major renovation of cabin 9. The pride of ownership with this camp is undeniable. Maybe you're looking for a way to escape the mundane hustle and bustle of every day life, and you love the outdoors? Here's a way to make a great living surrounded by nature.
Price History
Property
- Lot Size
- 4.96 acres
Community
Postal area P0V
- Population
- 22,944
- Private dwellings
- 9,106
- Median age
- 30.8
- Average household size
- 3.1
- Median household income
- $71,500
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
Other in Red Lake · last 12 months
- Median sold price
- $256,000
- Homes sold
- 11
- Median days on market
- 24
- Sale-to-list price
- 94.5%
Based on 11 recorded sales of other properties in Red Lake over the last 12 months.
Walk Score
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Location
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Mortgage Calculator
$400,000
Estimated Monthly Payment
$9,825
Land transfer tax
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
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Mortgage: $9,825/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $500/mo
Estimates only. Consult a financial advisor.
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