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3065 Hwy 588

3065 Hwy 588

Nolalu, Ontario

Other

$489,900

Welcome to a truly unique opportunity to own a piece of local history. Situated on over 28 acres, the former Silver Mountain Station offers endless potential for the right buyer. The main dwelling, once operated as a restaurant, features a spacious dining area, a fully equipped industrial kitchen, and upstairs living quarters complete with an additional kitchen - an ideal layout for operating a bed-and-breakfast or boutique hospitality business. Adding even more versatility to the property, a newer two-bedroom cabin provides excellent income potential or guest accommodations. For outdoor enthusiasts or investors, there are three RV hook-ups already in place with water and power, along with the possibility for many more throughout the grounds. A detached two-car garage adds convenience and storage space. Located just minutes from Whitefish Lake, this property is surrounded by natural beauty while offering a rare blend of history and opportunity. Whether you've dreamed of running your own business, investing in short-term rentals, or creating a private retreat, this remarkable property is ready for your vision.

Price History

Property

Lot Size
28.32 acres

Community

Postal area P0T

Population
32,000
Private dwellings
17,869
Median age
45.6
Average household size
2.3
Median household income
$77,000

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

Other in Nolalu · 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 other properties in Nolalu over the last 12 months.

Location

Street View

Mortgage Calculator

$97,980

Estimated Monthly Payment

$2,407

Investment Analysis

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

Mortgage: $2,407/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $122/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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Reita said:

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