For Sale

48 WILSON LAKE Crescent, Parry Sound Remote Area, Ontario P0H 1Y0

$3,100,000

48 WILSON LAKE Crescent, Parry Sound Remote Area, Ontario P0H 1Y0 is For Sale and has a listing price of 3,100,000. The property is located in the Unorganized Centre Parry Sound neighbourhood . It's been on the website for 251 Days.

  • Sale Of Business
    Property Type
  • MLS ID: X11964189
  • Office Name FAIR AGENT REALTY
Property Description

Discover The Port Shores, a distinguished lakeside business at 48 Wilson Lake Crescent, Port Loring part of the Pickerel River system. This thriving staple in the Parry Sound Region lake community offers significant growth potential. Operating seasonally from May through October, The Port Shores features a range of amenities for both locals and visitors. The Lakeview Cafe offers stunning views and a cozy atmosphere, while Tommy’s Food Bar serves casual fare. Saturdays, the on-site gift shop, offers unique finds. Additionally, the property includes a meeting room ideal for intimate weddings, ceremonies, parties, and business meetings. Additionally, 3 pontoon boats for lake tours are included, offering a lucrative opportunity to enhance guest experiences and generate additional revenue. The upper level includes a spacious 1,300 sq. ft. two-bedroom apartment, offering on-site accommodation or rental potential. The business is well-established with a solid customer base. Vendor take-back financing is available for a portion of the purchase price. The current owners are committed to a smooth handover, offering to stay on for a season to assist with operations. The property spans 1.8 acres, allowing for additional rental cottages, supported by the existing engineered septic bed and high-quality municipal water. Expansion is encouraged, with grounds primed for 4-5 additional cottages, ideal for Airbnb rentals. There is also an opportunity to extend the operational season to capitalize on local demand and snowmobile traffic in winter months. Adjacent waterfront property is available for purchase, presenting an unparalleled opportunity to expand the footprint of this already impressive venture. The Port Shores is a rare opportunity to own a versatile and expandable business in one of Ontario’s most scenic locales. Whether you’re looking to invest in a flourishing business, develop a lakeside resort, or enjoy both, The Port Shores offers limitless possibilities.

Property Details
  • MLS ID: X11964189
  • Price: $3,100,000
  • Lot Depth: 528
  • Transaction Types: For Sale
  • Ref ID: X11964189
  • Year Built: N/A
  • Dir / Cross St: Wilson Lake Crescent off Highway 522
  • Status: Active
  • Tax Year: 2024
  • Property Type: Sale Of Business
  • Property Type: Commercial
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
02/09/2025 X11964189 $3,200,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Unorganized Centre Parry Sound
  • $691,797 Average List Price
    based on 1 year
  • 3 New Listings
    based on 30 days
  • 92 Median Days on Market
    based on 1 year
  • List vs. Selling Price 8.02 % Up
  • Sold (12mo) 35
  • Rented (12mo) 0

  • 1 Month Change -
  • 3 Month Change -100.0%
  • 6 Month Change -
Walkscore
  • 32 Walk Score
    Car-Dependent
  • 20 Bike Score
    Somewhat Bikeable
Additional Details
  • Heat Type Other
  • Garage Type Y
  • Parking Spaces: 30
  • Kitchen Y
  • Taxes: $8,550
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: New Owner Transition Period
  • Listing Entry Date: 09/02/2025 14:29:30
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