An exceptional waterfront property featuring two owner-operated businesses located in the charming community of Callander, overlooking Lake Nipissing. The main building is home to 1886 Lake House Bistro, a highly popular and profitable licensed restaurant with a waterfront patio and an outstanding reputation throughout the region. Tucked behind the landscaped gardens and nursery areas is a separate residential rental unit, generating positive cash flow and offering additional flexibility. All buildings and the grounds are immaculately maintained and owner-operated, producing strong net income in addition to owner salaries. The bistro is among the busiest restaurants in the greater North Bay area, benefiting from loyal local support and strong seasonal traffic. Full training will be provided to ensure a smooth transition. The residential unit performs well as a rental but could also serve as an owner’s residence. Please do not go direct or speak with staff or ownership. The property is ideally situated on Main Street in Callander, which runs along the east shoreline of Callander Bay on Lake Nipissing. This attractive street is lined with beautiful homes, many of which have been recently renovated or rebuilt, adding to the area’s appeal and long-term value. Facing west, the property enjoys spectacular sunset views, creating an exceptional atmosphere for the restaurant and patio. The buildings have been meticulously cared for and feature modern leaseholds and high-quality equipment throughout. The residential short-term rental unit has also benefited from continuous upgrades and regular maintenance, ensuring comfort and reliability. At the rear of the property is a large garden area, complete with a full greenhouse, producing a variety of vegetables and herbs used by the restaurant as well as for personal enjoyment—further enhancing the uniqueness and sustainability of this offering. This is a rare opportunity to acquire a thriving waterfront business, income-producing real estate, and valuable land in one of Northern Ontario’s most desirable lakefront communities.