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340 - 5428 Young Street

340 - 5428 Young Street

Hamilton Township, ON

  • 1 sqft
  • Investment
$2,299,000

Situated on the highly sought-after south shore of Rice Lake within easy reach of the GTA,Sandy Shore Luxury Cottage Resort presents a rare turnkey opportunity to acquire a fullyestablished, premium waterfront hospitality business featuring a collection of upscale, 7 cottages and a complete lifestyle amenity suite tailored to modern traveler demands. Everythoughtfully designed residence steps far beyond typical cottage standards, boasting climate-controlled comfort, modern interiors, exceptional privacy, and framed waterfront views ofnightly sunsets, alongside guest-favorite amenities like a heated outdoor pool, sauna facilities, and an extensive custom dock system that consistently drive strong occupancy andhigh-yielding short-term rental rates. Designed for immediate turn-key operations, the property includes virtually everything required for seamless business continuity, while offering substantial upside potential to expand revenue into shoulder and winter seasonsthrough targeted marketing, brand scaling, and winterized accommodations serving ice fishing, snowmobiling, and wellness retreats. A refined, fully independent owner's residence provides pristine, year-round personal living quarters that allow an owner-operator to comfortably reside on-site while managing operations, and vendor take-back (VTB) financing options may be made available to qualified buyers seeking to acquire a landmark Northumberland waterfront asset.

Listing Details

Listed
October 13, 2026

Price History

Parking

Garage
Double Detached

Utilities

Sewer
Septic

Location & Legal

Cross Street
Young St x Rice Lake Scenic Dr
Zoning
CT
Parcel Number
511240289
Possession
Flexible
Occupancy
Owner

Commercial

Business Type
Cabins/Cottages

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
$672,500
Homes sold
126
Median days on market
25
Sale-to-list price
95.9%

Based on 126 recorded sales of commercial properties in Hamilton Township over the last 12 months.

Listed by

ROYAL LEPAGE SIGNATURE REALTY

Walk Score

4

Walk

27

Bike

Scores by Walk Score®

R

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