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Explore a rare resort opportunity on Manitoulin Island

544 Ketchankookem Trail, Mindemoya, Ont.

Lake: Lake Mindemoya

Bedrooms: Main house: 3, plus 12 cottages

Bathrooms: Main house: 2, each cottage: 1

Lot size: 5.6 acres

Frontage: 400 ft

Asking price: $1,777,000

Previous asking price: $1,979,000

Taxes: $10,347 (2023)

Date listed: July 17, 2024

Listing agent: Leanne Lewis, Royal LePage North Heritage Realty Brokerage

About the Property

Welcome to Cedar Grove Cottages, a well-established lakeside retreat on the serene shores of Lake Mindemoya. This unique property blends lakeside living with a thriving hospitality business, offering 400 feet of waterfront, 12 charming cottages, and a spacious three-bedroom main house—perfect for an owner-operator seeking a work-life balance in paradise.

Set across 5.6 acres of natural beauty, the resort has a loyal clientele, boasting 85 per cent occupancy already booked for 2025. The cozy log-sided cottages are fully furnished and feature private BBQs and porches, providing guests with a classic cottage experience. Five docks offer ample space for boats, while a shared firepit and open recreation areas add to the property’s appeal.

This turnkey investment includes all furnishings, boats, motors, and equipment, ensuring a seamless transition for the next owner. Whether you’re looking to continue the resort’s legacy or explore new business opportunities, Cedar Grove Cottages is a rare chance to own a piece of Manitoulin Island’s rich cottage tradition.

What Are the Main Selling Features?

  • Thriving resort business with repeat guests and strong seasonal bookings
  • 400 ft of sandy waterfront on Lake Mindemoya
  • Turnkey operation with fully furnished cottages, boats, and equipment
  • Five docks and an expansive recreational space for guests
  • Main house allows owner-operators to live on-site in comfort

What Makes This Property Unique?

  • Located on Manitoulin Island, the world’s largest freshwater island
  • 85 per cent occupancy already booked for 2025, ensuring immediate income
  • A seamless blend of home and business—live where you work in this waterfront paradise

Have There Been Any Recent Upgrades?

This well-maintained resort shows pride of ownership in every detail. From meticulously kept cottages to updated outdoor spaces, the property is ready for the next owner to step in and succeed.

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