Price ChangeFor Sale

5032 TRANS-CANADA Highway E
Wawa, Algoma, ON, P0M 3G0

Commercial Retail
TRREB
MLS® Number: X13117868

RE/MAX REAL ESTATE CENTRE INC.

Listing brokerage
$508,000List Price
Commercial RetailProperty Type
1.8 acresSize
$560.89 / 2025Taxes (Annual)
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$508,000
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Listing History

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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.

Features

No features available

Amenities

No amenities available

Summary

Tax (Annual):$560.89 / 2025
Listing #:X13117868
Property Type:Commercial Retail
Building Age:31-50
Size:1.8 acres
Land Size:299.01 x 267.56
Days on CPRB:
Garage:Other
Locker:None
On CPRB Since:
Listing Brokerage:RE/MAX REAL ESTATE CENTRE INC.

Details

Property

Property Type:Commercial Retail
Municipality:Algoma

Building

Size:1.8 acres
Building Age:31-50

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:Other
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Yes
Heating Type:Electric Forced Air

Land

Cross Street:Paint Lake Road

$508,000

List price

5032 TRANS-CANADA Highway E, Wawa – Commercial Retail for sale