345 Thousand Islands Pky - Hospitality FOR SALE


Leeds and The Thousand Islands, ON K7G 2T6
$3,790,000 CAD
437-476-8961
345 Thousand Islands Pky, Leeds and The Thousand Islands, ON for Sale
$3,790,000 CAD
Hospitality - FOR SALE
1/16
null | Request Cap Rate

345 Thousand Islands Pky
Leeds and The Thousand Islands, ON K7G 2T6


HIGHLIGHTS

  • Boutique waterfront resort with 5 cottages
  • Tourism Commercial Zoning
  • 3.5 acre site with 700 ft of frontage on St Lawrence River

OVERVIEW

Positioned along the Thousand Islands Parkway between Gananoque and Ivy Lea, Watermark Cottages occupies approximately 3.5 acres with over 700 feet of frontage on the St. Lawrence River. Set within a sheltered bay in the heart of the Thousand Islands, the property combines protected waterfront, extensive dockage, and a collection of five fully appointed guest cottages operating within a recognized tourism destination. A substantial stone breakwall forms a protected harbour along the shoreline, creating calm dockage and direct access to the river. The waterfront accommodates swimming, boating, fishing, paddling, and a variety of recreational experiences while maintaining a sense of privacy within the surrounding landscape. Waterfront Resort • Cottage Resort • Thousand Islands • Hospitality Investment • Boutique Resort • Tourism Property • Waterfront Accommodation • Retreat Property • St. Lawrence River • Ontario Resort • Experiential Tourism • Waterfront Development Opportunity The property is improved with five self-contained cottages positioned to maximize views of the water and surrounding islands. Existing infrastructure supports continued hospitality operations while providing flexibility for future repositioning or expansion, subject to approvals. Tourist Commercial zoning permits a broad range of hospitality, tourism, and recreational uses. The property’s scale, waterfront presence, and established infrastructure support a variety of opportunities, including continued cottage resort operations, boutique hospitality concepts, wellness and retreat programming, experiential tourism, corporate retreats, and multi-generational family compounds. Located minutes from Gananoque, Ivy Lea, and the Thousand Islands International Bridge, the property benefits from proximity to major tourism attractions while remaining easily accessible from Ottawa, Kingston, Toronto, Montreal, and the northeastern United States. Investment Highlights * Approx. 3.5-acre waterfront property * Over 700 feet of frontage on the St. Lawrence River * Five fully appointed guest cottages * Protected harbour with extensive dockage * Stone breakwall shoreline improvements * Tourist Commercial zoning permitting a broad range of hospitality and tourism uses * Located within the internationally recognized Thousand Islands tourism region * Minutes to Gananoque, Ivy Lea, Highway 401, and the U.S. border * Opportunity for continued operation or future hospitality-focused redevelopment

FOR SALE DETAILS

PRICE

$3,790,000 CAD

PRICE/SF

$933 CAD /SF

# OF ROOMS

10

PRICE/ROOM

$379,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Watermark Cottages

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

2013

PARKING SPACES

20

LAND DETAILS

LAND ACRES

3.1 AC

LAND SF

135,036 SF

ZONING

CT

APN/PARCEL ID

081281202507100

ASK ABOUT THIS PROPERTY

Shirley Yoon KimSotheby's International Realty CanadaMore Info
437-476-8961

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Shirley Yoon KimSotheby's International Realty CanadaMore Info
437-476-8961

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.