340 - 5428 Young Street
Hamilton Township, ON
1 sqft • Sale Of Business • 130 days on market
An exceptional opportunity to acquire a fully established waterfront resort on the highly sought-after south shore of Rice Lake, offering a collection of thoughtfully designed, well-appointed cottages and a complete amenity base tailored to today's guest expectations. Sandy Shore Resort features multiple upscale, fully equipped cottages, each offering a high level of finish, comfort, and privacy-well beyond typical cottage resort standards. With climate control, modern interiors, and strong guest appeal, the property is well-positioned to attract premium short-term rental clientele. Nightly sunsets, a heated pool, sauna facilities, and an extensive dock system further enhance the guest experience and support consistent occupancy. The infrastructure is firmly in place for a turnkey operation, while still presenting meaningful upside through enhanced branding, expanded marketing reach, and continued growth into shoulder and winter seasons. Several cottages are winterized, opening the door to additional revenue streams including ice fishing, snowmobiling, and wellness-focused stays. A well-appointed owner's residence offers comfortable, full-time living with a level of finish and privacy rarely found in comparable resort properties, allowing an owner/operator to enjoy the setting as a home while seamlessly overseeing the business. Located within easy reach of the GTA, this is a rare opportunity to step into a refined waterfront hospitality offering with both immediate income and long-term growth potential. Includes virtually everything in order to jump right in and a Vendor Take-Back financing may be available for qualified buyers.
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Listing Details
- Taxes (2025)
- $9,262
- Listed
- April 20, 2026
Price History
Property
- Lot Size
- 360 x 215 Feet
Location & Legal
- Cross Street
- Off Of Cr 18, East Of Harwood
- Zoning
- Seasonal Rec
- Parcel Number
- 51124028
- Possession
- Flexible
Commercial
- Business Type
- Hotel/Motel/Inn
- Occupancy
- Owner+Tenant
Included
- Inclusions
- Virtually everything
- Exclusions
- Personal items only
- Rental Items
- Propane tanks
Community
Postal area K0K
- Population
- 115,850
- Private dwellings
- 53,153
- Median age
- 50.8
- Average household size
- 2.4
- Median household income
- $83,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Hamilton Township · last 12 months
- Median sold price
- $675,000
- Homes sold
- 118
- Median days on market
- 24
- Sale-to-list price
- 96.0%
Based on 118 recorded sales of commercial properties in Hamilton Township over the last 12 months.
Listed by
RE/MAX ROUGE RIVER REALTY LTD.
Location
Commercial figures
- Annual property tax
- $9,262
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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