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. Contact Listing Agent for more information and to book a showing.
Address
27 Sr406 Shore
List Price
$4,250,000
MLS® Status
New
Expiration Date
2026-10-31
Property Type
Commercial
Type of Dwelling
Land
Transaction Type
Sale
Area
Muskoka Lakes
Sub-Area
Wood (Muskoka Lakes)
Region
Muskoka
Lot Depth
705.77
Lot Type
Lot
Lot Size Units
Feet
Lot Width
1040
Parcel Number
480230052
Total Building Area
8.05
Occupant Type
Owner
Cross Street
Water access only
MLS® Number
X12587408
Listing Brokerage
CENTURY 21 B.J. ROTH REALTY LTD.
Basement
No
Postal Code
L0K 1E0
Tax Amount
$4,521.79
Tax Year
2025
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Electric Forced Air
Cooling Features
Yes
Garage Type
None
Tax 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
Sewer
Septic