Home ›Listings ›Muskoka Lakes ›X12587408

27 SR406 SHORE N/A Muskoka Lakes ON

📍 Muskoka Lakes, Ontario L0K 1E0

$3,750,000

Active
1040×705.77LOT (FT)

📋 Listing Highlights

StatusActive
MLS®X12587408
ListedNov 29, 2025
Days on Market—
Property TypeCommercial
StyleLand
Cross StreetWater access only
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📝 Listing 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 Brewhouse, 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 brewhouse 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 are being sold as a package. Includes business, PIN 480230052, PIN 480230009 and PIN 480230171.

🏠 Property Details

Property TypeCommercial
StyleLand

📐 Lot & Land

Lot Width1040 ft
Lot Depth705.77 ft
Cross StreetWater access only

🔧 Building & Utilities

HeatingElectric Forced Air
CoolingYes
GarageNone

💰 Financial

List Price$3,750,000
Annual Taxes$4,521.79 (2025)

🧮 Mortgage Calculator

$750,000
Est. Monthly Payment
$18,423/mo
Principal: $3,000,000 · P+I only
Does not include taxes, insurance or CMHC
Listing provided by CENTURY 21 B.J. ROTH REALTY LTD.Data via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #X12587408 · Last updated: Jul 14, 2026

Information deemed reliable but not guaranteed. © TRREB / PropTx. MLS® is a trademark of CREA. This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.