Asking Price: $3,999,999 CAD
Location: 164B Lighthouse Road, Callander ON P0H1H0
Contact Name: Scott Nelson
Phone: 1-705-495-9897
Website: https://www.glenechocottages.com
*The below information while deemed to be correct is not guaranteed. All measurements should not be relied upon without independent verification.
Overview
Share Sale! Stunning Location! Extraordinary Lifestyle! Profitable Business!
This is one of those rare opportunities to walk in and take over a turnkey, profitable, flourishing and recurring business on the shores of Lake Nipissing. Come enjoy the tranquility of cottage country in Ontario’s “Near North”.
Glen Echo Cottages is located in the channel of Callander Bay on the sought after south shore of beautiful Lake Nipissing. We are located in one of the most sheltered locations on the lake.
We are just 3 hours north of Toronto and 4 hours from Ottawa.
Experience amazing fishing, relaxing boat rides and the endless wildlife in this truly peaceful paradise. Just imagine sitting on one of the docks enjoying the morning sunrise or winding down at the end of the day and witnessing one of our unparalleled sunsets.
Investors dream! Several versatile options! Glen Echo currently operates mid May to mid October only as the current owners retired from operating during the ice fishing season. New ownership will have 16 commercial ice fishing hut numbers that can be used to increase revenue by >30% by running ice fishing, and increasing profitability immediately with building new ice huts.
New owners also have the option of increasing revenue by creating campsites or selling gas as we are a licenced marina.
Pride of ownership is evident throughout the resort, and demonstrated through the repeat clientele.
Guests have been coming to Glen Echo Cottages for years and several of our guests have been visiting for decades.
Owners will consider Vendor Take Back mortgage as the first mortgage holder. The owners are now into their 17th season and would now consider retiring.
“We have met so many diverse people from around the world and have made so many friends over the years, it has truly been an amazing experience.”
Please call Scott for more information: 705-495-9897
Photos of the Lodge
Buildings & Site Improvements
Glen Echo Cottages offers 11 fully equipped, modern, and absolutely beautiful cottages. 10 cottages are 3 season, one is 4 season. In addition to the above, the owner’s residence is a 3 bedroom, 4 season home with an enormous deck overlooking the property and the lake. The lower level is the office/storefront.
Cottages:
1 – One bedroom cottage
5 – Two bedroom cottages
4 – Three bedroom cottages
1 – Four bedroom cottage
In addition to the cottages the property also comes with the following:
Large storage building and heated shop
Boat storage building
Camp washroom/coin operated laundromat
Over 300’ of high quality floating docks which can accommodate ~ 35 boats.
Chattels Included in the Sale
Fleet of 21 fishing boats – Best fleet of boats on Lake Nipissing!
Eleven 16’ Lund boats with 3 swivel seats, livewell, fishfinder, raised casting platform, running lights and a 2022 Mercury 25 HP 4 stroke electric start motor.
Boat Upgrades:
Five 16” Lund boats with trolling motors. These Lund boats come with a 2024 Honda 40 HP 4 stroke electric start motor.
Two 16’ Crestliner boats. Extra wide tiller steer with 3 swivel seats, livewell, 2 fishfinders, (1 fishfinder is a Helix 5 with Navionics chip of the lake), raised casting platforms, running lights, a trolling motor and a 2024 Honda 40HP 4 stroke electric start motor.
Two 16’ StarCraft deluxe bass boats. 16’ boat with 3 swivel seats, steering wheel, livewell, 2 fishfinders, (1 fishfinder is a Helix 5 with Navionics chip of the lake), raised casting platforms, running lights, trolling motor and a 2020 Mercury 50 HP 4 stroke electric start motor.
One 18’ Deep Water, 4 seater boat with 4 swivel seats, livewell, fishfinder, raised casting platform, running lights and a 2024 Honda 40HP 4 stroke electric start motor.
Some of the additional assets included are:
• 40 – 12volt boat batteries (for starting and trolling motors) new in 2024
• 2001, 48HP Massey tractor with cab/4X4 – implements include: 8’ HLA snow plow, 7’ box scraper, 6’
bucket, forks and a Woodland Mills 8” wood chipper.
• 2 UTV’s (Kubota diesel Club Car XRT 1550 & large New Holland Rustler with Kubota diesel engine)
• Two wells, with tons of quality water to service the resort. Both wells are equipped with water
purification systems.
• Two large septic systems approved by the MOE
• a 2200 litre double walled gas tank – TSSA marina licence
• 32” 15HP walk behind mower
• Echo back pack leaf blower
• Stihl weed trimmer
• Children’s Commercial Playground
• Two 15’ Island Hopper water trampolines
• 12’ Island Hopper inflatable log
• Rave 12’ rocker
• Waterslide
• Canoe
• Kayaks
Land & Location
Glen Echo Cottages has 512’ of waterfront, including a sandy beach, and 19.47 acres.
Enjoy complete tranquility of the cottage lifestyle while having the convenience of being only 5 minutes from the Town of Callander and 10 minutes to North Bay! Easily access grocery stores, schools, banks, restaurants, liquor stores, hair salons, casino, cinemas and so much more.
