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27 SR406 Shore
homes for sale · Muskoka Lakes · Wood (Muskoka Lakes)
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$3,500,000

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Wood (Muskoka Lakes), Muskoka Lakes · MLS® X12587408

8 sq ft · 8 sq ft lot · Land · Vacant Land · 329 days on market

listed by MIKE DALLAIRE, CENTURY 21 B.J. ROTH REALTY LTD.

realtor's description

This iconic, water-access-only commercial package on the Severn River offers a once-in-a-generation opportunity to own the legendary WAUBIC - established in 1913 and still one of the most beloved stops between Lock 43 and the historic Big Chute Marine Railway (Lock 44). Spanning 8.05 acres across two parcels plus an additional 3.11-acre residential lot with existing boathouse, this turn-key operation blends history, profitability, and future potential in one remarkable offering. The Waubic's fully equipped commercial kitchen also boasts a walk-in cooler and all the essentials needed for efficient, high-volume service. Over 1000 feet of shoreline and nearly 700 feet of docking anchors a dynamic waterfront hub featuring the iconic Waubic Restaurant, the Dockside Brewhouse, Waubic Wear merch store, the Bay House rental cabin, 2 separate staff quarters, and a beautifully elevated 743 sq. ft. owner's cottage with panoramic river views. Guests return year after year for the restaurant's nostalgic charm, amazing menu, vibrant brewhouse atmosphere, and curated retail experience, while the Bay House continues to draw strong rental demand with its cozy layout and unbeatable location. The included 3.11-acre lot-with 233 feet of private shoreline-adds exceptional flexibility for residential use or expansion, with opportunities to introduce rental cabins, recreational amenities, or watercraft services (subject to zoning). With established seasonal traffic, multiple income streams, and a legacy brand that spans generations, this rare multi-faceted property stands as one of the most compelling commercial holdings on the Trent-Severn waterway - ideal for restaurateurs, hospitality operators, investors, or entrepreneurs seeking a thriving waterfront enterprise with remarkable growth potential. Business and Properties are being sold as a package. Includes business, PIN 480230052, PIN 480230009 and PIN 480230171.

property details

type
Land, Vacant Land
living area
8 sq ft
lot
8 sq ft
parking
0
property tax
$4,522 / yr
days on market
329
MLS®
X12587408

monthly cost

$15,626/mo
Mortgage $15,249 · Tax $377

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$15,249/ monthly
loan $2,800,000
25-year amortization
total interest
$1,774,749
cash to close
$700,000
down payment; transfer tax and fees not included
total paid
$4,574,749

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

Wood (Muskoka Lakes), Muskoka LakesGoogle Maps ↗

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listed by
MIKE DALLAIRE
CENTURY 21 B.J. ROTH REALTY LTD.
call MIKE · 705-721-9111
Powered by: REALTOR.ca
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location

Wood (Muskoka Lakes), Muskoka LakesGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

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