PRICE CHANGE
See all 49 photosPRICE CHANGE · 335 days
$3,500,000See Homsy estimate →
27 SR406 SHOREWood (Muskoka Lakes), Muskoka Lakes, ON L0K 1E0 · Sale · MLS® X12587392
--Bedrooms
--Bathrooms
--Sq ft
--Parking
--Per sq ft
About this home
The homeTaxes$4,521.79/yr
All listing details
- Description
- This iconic, water-access-only commercial package on the Severn River offers a once-in-a-generation opportunity to own the legendary WAUBIC - established in 1913 and still one of the most beloved stops between Lock 43 and the historic Big Chute Marine Railway (Lock 44). Spanning 8.05 acres across two parcels plus an additional 3.11-acre residential lot with existing boathouse, this turn-key operation blends history, profitability, and future potential in one remarkable offering. The Waubic's fully equipped commercial kitchen also boasts a walk-in cooler and all the essentials needed for efficient, high-volume service. Over 1000 feet of shoreline and nearly 700 feet of docking anchors a dynamic waterfront hub featuring the iconic Waubic Restaurant, the Dockside Brew Lounge & Waubic Wear merch store, the Bay House rental cabin, 2 separate staff quarters, and a beautifully elevated 743 sq. ft. owner's cottage with panoramic river views. Guests return year after year for the restaurant's nostalgic charm, amazing menu, vibrant Brew Lounge atmosphere, and curated retail experience, while the Bay House continues to draw strong rental demand with its cozy layout and unbeatable location. The included 3.11-acre lot-with 233 feet of private shoreline-adds exceptional flexibility for residential use or expansion, with opportunities to introduce rental cabins, recreational amenities, or watercraft services (subject to zoning). With established seasonal traffic, multiple income streams, and a legacy brand that spans generations, this rare multi-faceted property stands as one of the most compelling commercial holdings on the Trent-Severn waterway - ideal for restaurateurs, hospitality operators, investors, or entrepreneurs seeking a thriving waterfront enterprise with remarkable growth potential. Business and Properties being sold as a package. Includes business, PIN 480230052, PIN 480230009 and PIN 480230171.
- Commercial use
- Sale Of Business
- Rate
- $3,500,000 (For sale)
- Financial · Annual taxes
- $4,522 (2025)
- Space · Retail area
- 2,005 ft²
- Site · Lot size
- 1040 × 705.77 ft
- Business · Business type
- Restaurant
- Business · Franchise
- N
- Business · Chattels
- Y
- Property type
- Sale Of Business
- Style
- With Property
- Heating
- Electric Forced Air
- Air conditioning
- Yes
- Garage
- None
Homsy found 5 things to know before you buy
What it's worthSign in to see the 5 things Homsy found about this home
What the current price, the competition and the listing signals mean before you make an offer.
The area
AreaUnavailablewalk to transit
Unavailablegrocery stores within 1 km
Unavailablepublic schools within 1 km
Unavailableparks within 1 km
Price & listing history
What it's worthSign in to see price & listing history
Previous listing activity, every price change and the sold history available to verified buyers.
Homsy estimate
What it's worthSign in to see the Homsy estimate
Homsy's estimated value and a suggested starting point, based on the market evidence available for this home.
Cost to own
CostKnown monthly carrying costs
— / month
MortgageAdd your rate →
We don't assume a rate for you — enter the rate you've actually been quoted.
Sold nearby
What it's worthSign in to see what similar homes sold for
Compare sold prices against asking prices for relevant nearby homes and in this building.
Not quite right? Similar homes for sale
Alternatives
Like this one? Tell Alex your number.
No pressure, no obligation — a call to talk it through.