374100 Highway 11b, Coleman, Ontario P0J 1C0

Boasting 1000+ feet of shoreline with all exposures on approx. 13 acres on Gillies Lake in a town filled with history. Quiet, remote, with abundant wildlife, yet is located right off of 11B highway and within 15 minutes from the Lakefront towns of Haileybury & New Liskeard, on the Timiskaming shores. An established business is being sold with the property consisting of 5 renovated (2019) 4-season cottages with bookings all year. Guests include holidaymakers, nature enthusiasts, and longer-term stays for trades and construction people working in the area. Gross income last fiscal year approx $122,000. Expenses approx. $50,000. There is an RV site with 14 stalls and two boat launches. Additional structures are being upgraded for additional income streams. Beautiful site to build an owner's suite. There is potential to utilize the RV stalls as glamping areas or construct additional cabins. Those with landscaping skills could transform this property from something special to amazing! **** EXTRAS **** Year-round activities. Hiking. Swimming. Boating. Rock climbing. Shopping. Theatre. Dining. Directly on snow mobile trails. Ice Fishing. Cross-country skiing. ATV trail. Downhill skiing & snowboarding 20 minutes away. (id:27476)

Located on approximately 13 acres of land on Gillies Lake, this property offers over 1000 feet of shoreline and is surrounded by abundant wildlife. Despite its remote and quiet location, it is conveniently situated just off of 11B highway and is only a 15-minute drive from the Lakefront towns of Haileybury & New Liskeard on the Timiskaming shores. The area is rich in history and offers a tranquil setting for nature enthusiasts and holidaymakers alike.

An established business is included with the property, featuring 5 recently renovated (2019) 4-season cottages that are consistently booked throughout the year. The clientele includes holidaymakers, nature enthusiasts, as well as longer-term stays for tradespeople and construction workers in the area. The property generated a gross income of approximately $122,000 in the last fiscal year, with expenses totaling around $50,000. Additionally, there is an RV site with 14 stalls and two boat launches, with plans to upgrade additional structures to create more income streams. There is also potential for the development of an owner's suite, as well as the possibility of utilizing the RV stalls for glamping or constructing more cabins. The property has the potential to be transformed into something truly remarkable, especially for those with landscaping skills.

Year-round activities are plentiful in the area, including hiking, swimming, boating, rock climbing, shopping, theatre, dining, and access to snowmobile trails, ice fishing, cross-country skiing, ATV trails, as well as downhill skiing and snowboarding just 20 minutes away.

This property, located at 374100 HIGHWAY 11B in Coleman, Ontario, is now available for sale. The land size is approximately 1425.6 FT, with an irregular lot shape. The property offers a total of 5 bathrooms and is conveniently situated near the highway for easy access.