120 Happy Landing Road, French River, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of French River. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,490,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 1307.74 x 2692 ft lot size
- Convenient single detached garage included
- equipped with partial central cooling and highly efficient oil forced air heating
Description
Happy Summer Village is a rare opportunity to acquire an established waterfront seasonal community and income-producing business on the pristine shores of Trout Lake! Encompassing approximately 105 acres with over 1,300 feet of waterfrontage, this unique property combines exceptional natural beauty with a proven and efficient operating model.The park features 37 seasonal sites occupied by resident-owned mobile homes, generating stable seasonal income while minimizing management responsibilities. Residents enjoy the flexibility of annual renewals and unrestricted resale of their units, contributing to the park's laid-back appeal.Amenities include a sandy beach, direct lake access, extensive docking facilities, recreation areas, hiking and outstanding opportunities for boating, swimming, and fishing. Additional income is generated through rentable boat slips, while established relationships with mobile home suppliers provide future growth potential.Significant infrastructure improvements include upgraded roads and driveways, modern docking systems, a communal septic system, treated well water system, hydro-serviced workshop, and storage facilities. The property also includes an impressive approximately 5,000-square-foot owner/caretaker residence, featuring gathering spaces, offices, kitchen facilities, storage, laundry, and a four-bedroom upper-level apartment.Located just minutes from Noelville & approximately one hour from Sudbury, the property offers convenient access to services while remaining surrounded by some of Northern Ontario's finest recreational opportunities, including fishing, golf, cycling, trail systems, provincial parks, quadding, and snowmobiling. With substantial acreage, extensive waterfrontage, modern infrastructure, multiple revenue streams, and an established seasonal community, Happy Summer Village represents an exceptional investment opportunity in one of the region's most desirable waterfront settings. For full information visit my website.
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About Purchasing a Home in French River, ON
For a property listed at $1,490,000 in French River, the legal minimum down payment is $298,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $26,275 for this transaction. As this listing is in French River (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $26,275.
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