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Profitable Cottage Waterfront Resort With Luxury Owner’s Residence For Sale

Barry's Bay, Ontario, Canada
Asking Price:
$2,495,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$450,000 (CAD)
Cash Flow:
$250K - $500K (CAD)

Exceptional opportunity to acquire an established 14-cottage waterfront resort in the heart of Ontario’s beautiful Madawaska Valley, near Algonquin Park.
Barry’s Bay Cottages is a well-established boutique cottage resort situated on picturesque Carson Lake, offering an attractive combination of a successful hospitality business, valuable waterfront real estate and an outstanding owner/operator lifestyle.
The property features 14 individual guest cottages together with an exceptional owner’s residence, providing an incoming purchaser with the opportunity to live and work in one of Ontario’s most desirable recreational regions.
Guests are drawn to the resort for its peaceful lakefront setting, private and well-spaced cottages, waterfront amenities and extensive four-season recreational opportunities. The property enjoys the tranquility and natural beauty of a cottage-country setting while being only minutes from the community of Barry’s Bay, with convenient access to shopping, restaurants, schools, services and other everyday amenities.
Barry’s Bay is an established regional centre serving the surrounding Madawaska Valley and is home to St. Francis Memorial Hospital, an important regional healthcare facility with a significant expansion currently underway. The combination of accessible services, healthcare, natural surroundings and proximity to Algonquin Park adds considerably to the appeal of the location for guests, owners and potential future uses.
The resort benefits from an established operating history, strong online presence, reservation platform and loyal guest following. A purchaser can step into a proven operating business and build upon the reputation, property and guest experience that the current owners have successfully developed.
Significant Growth Potential
There are numerous opportunities to build upon this strong foundation. These may include expanded digital and social-media marketing, increased shoulder-season and winter occupancy, enhanced accommodation and experience packages, retreats and group bookings, weddings and special events, and additional recreational or hospitality offerings.
The combination of 14 rental cottages, waterfront amenities, an impressive owner’s residence, an established operating business and significant underlying real estate creates an appealing opportunity for an owner/operator, family enterprise, hospitality investor or purchaser seeking a lifestyle business with meaningful future growth potential.
Seller financing may be available to a qualified purchaser, providing additional flexibility in structuring an acquisition.
This is a rare opportunity to acquire an established Ontario waterfront resort that combines a successful operating history, an exceptional lifestyle component, proximity to essential amenities and considerable potential for the next owner to build upon an already strong foundation.
Additional financial, operational and property information will be made available to qualified purchasers.

*All information is provided by the Seller and other sources believed to be reliable but is not warranted. Prospective purchasers should conduct their own due diligence regarding financial performance, zoning, permitted uses, development potential and all other matters material to their purchase.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

The property features an exceptional owner’s residence offering approximately 3,000 sq. ft. of finished living space over two levels, with approximately 1,500 sq. ft. per floor. The home includes four bedrooms, two full bathrooms and a full walk-out lower level, with high-quality finishes throughout.
A particularly inviting feature is the beautiful sitting room overlooking the lake—an ideal space for morning coffee while enjoying the peaceful waterfront setting and views.
Spacious and well-appointed, the residence provides an outstanding on-site lifestyle for an owner/operator while maintaining privacy from the resort’s guest accommodations. The walk-out lower level adds considerable flexibility for family living, guests, recreation or home-office use.
The quality, size and setting of the residence make it a significant component of the overall offering, combining a substantial private home and waterfront lifestyle with the convenience of operating an established resort just steps away.

Location:

Ideally situated on picturesque Carson Lake in Ontario’s Madawaska Valley, the resort offers a peaceful waterfront setting just minutes from the full-service community of Barry’s Bay. Guests and owners enjoy convenient access to shopping, restaurants, groceries, recreational amenities and St. Francis Memorial Hospital, which is currently undergoing a significant expansion.
The property is also well positioned near Algonquin Provincial Park and the many lakes, trails and outdoor attractions of the Ottawa Valley, creating strong four-season tourism appeal. The combination of natural waterfront surroundings and convenient access to town amenities makes the location particularly attractive for both a resort business and an owner/operator lifestyle.

Premises Details:

An attractive waterfront resort property featuring 14 individual guest cottages positioned throughout the property to take advantage of the natural setting and Carson Lake waterfront. The resort includes a mix of seasonal and year-round accommodations, providing flexibility for both traditional summer operations and expanded four-season use.
The property also features an exceptional, spacious owner’s residence, offering a comfortable on-site lifestyle for an owner/operator while remaining separate from the guest accommodations.
Resort amenities include extensive waterfront areas, docks, beach and recreational spaces, guest gathering areas and facilities supporting a wide variety of lake and outdoor activities. The grounds provide an appealing balance of privacy, natural surroundings and convenient access throughout the resort.
The overall property offers substantial existing infrastructure together with opportunities for a new owner to build upon the established resort operation and further enhance its accommodation, recreational and hospitality offerings.

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

Significant opportunity exists to build upon the resort’s established business and reputation. Potential growth areas include increased shoulder-season and winter occupancy, expanded digital and social-media marketing, weddings and special events, corporate and wellness retreats, group bookings, accommodation packages and enhanced recreational experiences.
The resort’s waterfront setting, range of cottages, gathering spaces and proximity to Barry’s Bay and Algonquin Park provide an excellent foundation for developing additional revenue streams and extending the operating season.
There may also be opportunities to enhance or expand the property’s accommodations and amenities, subject to zoning, servicing capacity and required municipal or other regulatory approvals.

Competition / Market:

The Barry’s Bay and Madawaska Valley region is an established cottage and outdoor tourism destination with a variety of resorts, cottage rentals, campgrounds and short-term accommodations. This established accommodation base helps reinforce the area as a recognized destination for visitors seeking lakefront vacations and access to the Ottawa Valley and Algonquin Park region.
Barry’s Bay Cottages is differentiated by its attractive Carson Lake waterfront, 14-cottage scale, range of accommodations, extensive recreational amenities, exceptional owner’s residence and convenient location only minutes from the services and amenities of Barry’s Bay. Its established operating history and repeat guest base provide a strong foundation within the regional tourism market.

Reasons for selling:

Retirement

Other Information

Financing available:

Vendor financing assistance may be available to qualified purchasers, providing additional flexibility in structuring the acquisition. Terms and availability are subject to seller approval and would be negotiated as part of an acceptable offer.

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