For Sale

1594 Lakeshore Drive, Shuniah, Ontario P7A 0S9

$3,200,000

1594 Lakeshore Drive, Shuniah, Ontario P7A 0S9 is For Sale and has a listing price of 3,200,000. The property is located in the Shuniah neighbourhood . It's been on the website for 105 Days.

  • Investment
    Property Type
  • MLS ID: X11923965
  • Office Name RE/MAX ADVANTAGE REALTY LTD.
Property Description

MOBILE PARK-Triple “A” investment opportunity to purchase a Mobile Home Park with motel building(Highway Commercial) on 20 acres, 5 mins from Lake Superior. Generating excellent cash flows of greater than $400,000 in gross income. Very well maintained family owned and operated since 1997. Updates & renovations have occurred within the last 24 months with a very substantial increase in rental income over last 4 years. Zoned both Mobile Home Residential and Highway Commercial with an existing Motel Building. Adjacent amenities include walking trails. Amethyst Harbor and Wild Goose Beach and proximity to the vibrant City of Thunder Bay. ZONED NHR/CH Mobile Home Res/Hwy Commercial

Property Details
  • MLS ID: X11923965
  • Price: $3,200,000
  • Lot Depth: 865
  • Transaction Types: For Sale
  • Ref ID: X11923965
  • Year Built: N/A
  • Dir / Cross St: MCKENZIE DRIVE
  • Status: Active
  • Tax Year: 2024
  • Approx Age: 31-50
  • Property Type: Investment
  • Property Type: Commercial
Price History
List Date MLS ID List Price Status End Date Closed Price
01/15/2025 X11923968 $3,200,000 For Sale - -
01/15/2025 X11923965 $3,200,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Shuniah
  • $1,007,813 Average List Price
    based on 1 year
  • 1 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 34.14 % Up
  • Sold (12mo) 2
  • Rented (12mo) 0

  • 1 Month Change -
  • 3 Month Change -
  • 6 Month Change -100.0%
Walkscore
  • - Walk Score
    Car-Dependent
  • 19 Bike Score
    Somewhat Bikeable
Property Type Distribution
  • All Houses
    62.5%
  • Commercial
    31.88%
  • Land for Sale
    5.63%
Additional Details
  • Heat Type Other
  • Garage Type Outside/surface
  • Taxes: $19,902
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 15/01/2025 14:05:55
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