Waterfront Home And Rental Cottages In Muskoka On Tea Lake Near Coldwater Village, Honey Harbor And Port Severn

TEA LAKE COTTAGES

Waterfront Home And Rental Cottages in Muskoka For Sale By Owner
Located On Tea Lake And Channel
Connecting Severn River Beside Big Chute Marine Railway
Coldwater village, Honey Harbor And Port Severn
Are 15-20 Minutes Away

Tea Lake Cottages is a family owned and maintained, well established and profitable, turn key resort including a beautiful owner’s residence all located around 3 side waterfront lot.

This 18+year business and ownership comes with Super host status on Airbnb and top scores on Google, VRBO and other hosting channels.

Business has been Open year round and located on 2.2 acres or property with 330’ of waterfront with mostly level lands.

An Ideal Property For A City Escape Or An Early Retirement. Incredible Opportunity To Run & Expand Existing Resort, Create A Family Vacation Compound Or Have Your Own Exclusive Private Corporate Retreat. Prime South Facing Shoreline, w/A Private Beach. This Resort Like Property Opportunity Is Located On Tea Lake Just Off Severn River – Trent Severn Waterway In Close Proximity To The Amazing Big Chute Marine Railway. Property Is Currently Operating w/ 3 Full Efficiency Cottages – Along w/a Main Cottage. Rare Opportunity To Own A One-Of-A-Kind Property.

The Hummingbird 3 Bedrooms 1 Bath On The Hill.
Standard Occupancy 6 Additional up to 2
https://www.airbnb.ca/rooms/270146

The Loon 2 Bedrooms 1 Bath At The Waters Edge & Incredible View.
Standard Occupancy 4 Additional up to 2
https://www.airbnb.ca/rooms/267648

The Eagles Nest Is a deluxe unit with pool table, massage chairs heated floors and right on the water right on the water.
Standard Occupancy 4 Additional up to 2
https://www.airbnb.ca/rooms/20173637

Owner residence is the top part of the 4000sq ft house with large open concept modern kitchen, two full bath, large party hall with inbuilt commercial BBQ and range.

The entire package consists of 2 municipal properties and can be registered separately and is located within Coldwater just beside the famous Big Chute marine railway.

Tea Lake & Severn River Offers Everything on your Cottage Wish List -Swimming, Fishing, All Water Sports, Kayaking/Paddle Boarding and on the Trent Severn Waterway with The Best Freshwater Boating in the World at Your Doorstep.

You are Between the Swift Lock 43 and Big Chute Marine Railway Lock 44 or Go for a Day Trip to Georgian Bay thru Port Severn at Lock 45. Just 90minutes from Toronto and only Minutes to Port Severn, Coldwater, Orillia or Midland.

Close to Golf and Restaurants on the Severn. It is a Property to Live and Cottage for the Summer and all 4 Seasons.

This is Your Chance to Experience The Meaning of ‘Cottaging’ with Great Road Access off Upper Big Chute Road.

Get Into Your Boat at Your Dock and Ride up to Big Chute Marina or Severn Falls For Food/Ice Cream.

Enjoy The Beautiful Sounds & Views of Nature From the Deck off the Great Room. One Look & You Will Appreciate The Views From This Property.

Come Enjoy The Sheer Joy of The Tranquil Surroundings & See Why So Many People Come Back Year after Year To Tea Lake.

2 docks on site, boatlift, hot tub, newly built large wood shed, large fire pits with each cottage.

Free WiFi and free use of canoes, paddleboats, kayak, plus much more activities for guests to enjoy.

Purchase price includes the following chattels (excluding personal items):

• furniture in the cottages, website, 2 phone numbers, email address transfers.
• riding lawn mower, push mower, 3 stage snow thrower, commercial backpack leaf blower, commercial weed trimmer, chainsaw, garden tools all in new/top condition. Fireplace heated garage/workshop two car garage.
• lawn furniture around the property and the pool furniture, etc, spare appliances, etc. loads of sheets and towels, all cottage SS bbq’s.
• Two weeks of training and knowledge transfer.
• All booking systems, email boxes and other accounts related including phone numbers can be transferred.

Each Unit has its own septic tank and bed.

Common well and hydro (Can be separated if the properties need to be sold separately at a later time).

2020 Gross :  $154,000 for 3 unit rentals operating at 47% occupancy. Potential to increase

Top expenses:

• Propane  $5110
• Hydro  $3900
• Snow Removal  $1000 ~ $1600 depending on the contract
• Insurance $5000
• Property Tax  $6400
• TV& phone  $500

We pay 20$ per hour for housekeeping and 25$/h for lawn maintenance etc.

If new owner wants us to continue accepting bookings we will charge 20% of any new confirmed booking value that are accepted after closing date.

All advances collected will be adjusted towards this.

As of 1st week of Feb we are almost completely booked for summer with several dates booked prior to that.

Pending Closing!!