$508,000
( $6.48Per Sq Foot )
 $2,727 est/mo Sourced by Back At You

5032 Trans-canada Highway E,Wawa, ON P0M 3G0

Wawa, ON P0M 3G0

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Description

Welcome to an exceptional Commercial/Residential opportunity on Fungus Lake in White River. This rare 2.00-acre point property offers 194.41 ft of natural, deep, clear-water shoreline, providing panoramic lake views and breathtaking sunsets. The combination of sandy beach entry and deep-water frontage makes this an ideal location for families, year-round recreation. The primary bungalow-style resort house is privately nestled among mature trees and positioned to overlook the lake. Features include: Full kitchen, Dining room, Spacious living room, Satellite TV and internet access. Direct access to the waterfront and resort amenities. This home is suitable as an owner's residence, year-round lodge, or operations building. 8 Cabins & Guest Lodge The property includes 8 fully equipped, each offering, Private washrooms Full kitchens with stoves, refrigerators, and microwaves.TV units. Ample interior space for families and groups In addition, Guest Lodge provides 8 spacious rooms, 1 bathroom, and a shared kitchen, ideal for larger parties or overflow accommodations. Multi-family recreational retreat. Owner-occupied residence with income generation. Zoned Tourist Commercial, Year-round resort operations Existing commercial amenities include: Two double fuel pumps (two gas, two diesel) offering strong revenue potential. Convenience store with counters, freezers, and retail space, Private sandy beach ideal for children and safe swimming. Deep-water access for docking, boating, and fishing. Halfway between Wawa and north of White River. Approximately 4 hours from Thunder Bay. Approximately 10 hours from the GTA. Excellent access for tourists, anglers, snowmobilers, Turnkey income-producing property with multiple revenue streams: lodging, fuel sales, retail. Strong year-round demand for fishing, hunting, snowmobiling, and northern tourism. Ideal for investors, resort operators, or families seeking a northern lifestyle property with built-in income.

Details

MLS #X13117868
Listing TypeFor Sale
Sub-TypeResale
StatusPrice Change
Year0
Days On Site134
Listing Provided ByRE/MAX REAL ESTATE CENTRE INC. | X13117868 079824

Features

SQ Feet78,408
Acreage1.80

Interior

CoolingYes

Exterior

Community FeaturesGreenbelt/Conservation, Major Highway
Security FeaturesPartial

Utilities

UtilitiesYes

Taxes

Tax Annual Amount560.89
Tax Assessed Value202000
Tax TypeAnnual
Tax Legal DescriptionPCL 11636 SEC AWS; LOCATION MS34 DAHL PT 1 AR855; DISTRICT OF ALGOMA
Tax Year2025

Area Information

ProvinceON
CountyAlgoma
CityWawa
Postal CodeP0M 3G0
Listing VS Median (in P0M 3G0)
Price:
$508,000
low | high
Med:
$508,000
50% of Average
sqft:
78,408
low | high
Med:
78,408
50% of Average
$ / sqft:
$6
low | high
Med:
$6
50% of Average
On site:
134
low | high
Med:
134
100% of Average
Sourced by Back At You

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Additional Information


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Learn More About This Property

ProvinceON
CountyAlgoma
CityWawa
Postal CodeP0M 3G0
Listing VS Median (in P0M 3G0)
Price:
$508,000
low | high
Med:
$508,000
50% of Average
sqft:
78,408
low | high
Med:
78,408
50% of Average
$ / sqft:
$6
low | high
Med:
$6
50% of Average
On site:
134
low | high
Med:
134
100% of Average
Sourced by Back At You
Listing Updated: August 17, 2026 at 2:55:10 PM PDT