+ 24 photos
27 SR406 SHORE, Muskoka Lakes, ON L0K 1E0
Muskoka Lakes · Wood (Muskoka Lakes)
For Sale · Sale Of Business
27 SR406 SHORE, Muskoka Lakes, ON L0K 1E0
Muskoka Lakes · Wood (Muskoka Lakes)
2 months ago
$3,500,000
▾ PRICE CHANGE
▶ Virtual Tour—
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About this home
- Water-access-only commercial property on Severn River spanning 8.05 acres across two parcels plus 3.11-acre residential lot with boathouse.
- Over 1,000 feet of shoreline and nearly 700 feet of docking.
- Includes established Waubic Restaurant (founded 1913) with fully equipped commercial kitchen, walk-in cooler, Dockside Brew Lounge, retail store, Bay House rental cabin, 2 staff quarters, and 743 sq. ft. owner's cottage.
- Owner's cottage has panoramic river views; Bay House used for short-term rentals.
- Separate 3.11-acre lot has 233 feet of private shoreline; zoning may permit rental cabins, recreational amenities, or watercraft services.
- Business and real property sold together as a package.
- Multiple revenue streams from restaurant, retail, and cabin rentals.
Key points are generated by Renavu from the listing description — not from, provided by, or endorsed by TRREB or PropTx.
Property details
Property tax
$4,521.79 (2025)
Lot
1040 × 705.77 Feet
Heating
Electric Forced Air
Cooling
Yes
MLS®
X12587392
Full details
Parking
GarageNone
Property & sold history
Listing history
| Date Start | Date End | Price | Status | Listing ID |
|---|---|---|---|---|
| 2025-11-29 | — | $3,500,000 | For Sale | X12587392 |
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True cost to close
What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 20.0%
$
Down:or type any amount above
Homes over $1.5M require a minimum 20% down payment.
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$73,975
Legal · title · inspection$2,800
Closing costs$76,775
Down payment$700,000
Total cash to close$776,775
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.
