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Active

$3,500,000

27 SR406 SHORE N/A

Muskoka Lakes, ON L0K 1E0

27 SR406 SHORE N/A, Muskoka Lakes — Listed at $3,500,000 Land. MLS® X12587408.

Possession · seller's timeline

Flexible

2,005Sq Ft
Land
$4,521.79Taxes/yr · 2025

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 TypeLand
CommunityWood (Muskoka Lakes)
Lot Dimensions1040 × 705.77 ft
Dir/Cross StWater access only
Garage TypeNone
Heating TypeElectric Forced Air
A/CYes
SewersSeptic
Taxes (2025)$4,521.79
HSTIncluded In
Listed Date11/29/2025
Days on Market319 days

Business Details

Property Sub-TypeLand
Property UseDesignated
Occupant TypeOwner
Hours of Operation11am - 9:00pm
FranchiseNo
Seating Capacity170
Showing RequirementsList Salesperson
Possession TypeFlexible
Listing Expires10/31/2026

Commercial Space & Financials

Retail Area2,005 Sq Ft

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Property Insights

Listing Courtesy of: CENTURY 21 B.J. ROTH REALTY LTD.

MLS® #X12587408

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

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