27 SR406 SHORE N/A, Muskoka Lakes, ON L0K 1E0, Muskoka Lakes, ON
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.
Property Highlights
For Sale
MLS NO.
X12587392
Type
Commercial
Sub Type
Sale Of Business
Complete Property Details
Property Type
Commercial
Sub Type
Sale Of Business
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
X12587392
Lot Width
1040.0
Garage Type
None
Cooling
Yes
Heat Type
Electric Forced Air
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
27 SR406 SHORE N/A, Muskoka Lakes, ON L0K 1E0
City
Muskoka Lakes
Neighbourhood
Wood (Muskoka Lakes)
County / Region
Muskoka
Province / State
ON
Postal Code
L0K 1E0
Cross Street
Water access only
Directions
Contact Listing Agent - Water access only
Country
CA
List Price
$3,750,000
Annual Taxes
$4,522
Tax Year
2025
Legal Description
PCL 18052 SEC MUSKOKA; PT LT 19 CON 20 WOOD BEING THE ELY 2.5915 CHAINS IN PERPENDICULAR WIDTH OF PT 1 BR429; MUSKOKA LAKES ; THE DISTRICT MUNICIPALITY OF MUSKOKA
Possession Type
Flexible
Listing Office
CENTURY 21 B.J. ROTH REALTY LTD.
Board
Toronto Regional Real Estate Board
Original Entry
2025-11-29T13:04:53Z
Media Updated
2025-11-29T13:04:54Z
Photos Updated
2025-11-29T13:04:54Z
Last Modified
2026-06-23T01:22:23Z
System Modified
2026-06-23T01:22:23.366945Z
MLS Status
Price Change
Basement Yn
No
Ddfyn
Yes
Expiration Date
2026-10-31
Heat Type Multi
Electric Forced Air, Woodburning, Baseboard
Hstapplication
Included In
Occupant Type
Owner
Originating System Id
A00001796
Parcel Number
480230052
Public Remarks
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.
