27 SR406 SHORE
Wood (Muskoka Lakes)Muskoka Lakes, ONL0K 1E0Near Water access only
- 0
- Sale Of Business
3 upcoming open houses
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What this listing tells us
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 Brew Lounge & 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 Brew Lounge 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 being sold as a package. Includes business, PIN 480230052, PIN 480230009 and PIN 480230171.
Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.
Listing, price, and tax history
Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.
| Date | Event | Status | Price | Change | MLS® | View |
|---|---|---|---|---|---|---|
| Jul 15, 2026 | Price reducedCurrent | Reduced | $3,750,000 | −$500,000 (11.8%) | X12587392 | This page |
| Nov 28, 2025 | Previously listed | Pc | $3,750,000 | — | X12587408 | View |
| Nov 28, 2025 | ListedCurrent | For sale | $4,250,000 | — | X12587392 | This page |
Inside this property
Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.
Features & systems
Heating, cooling, parking, exterior, lot, possession, and more.
Systems
4- Heating
- Electric Forced Air
- Air conditioning
- Yes
- Water source
- Other
- Sewer
Getting around, schools & the block
Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.
The money — monthly cost, mortgage & return
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Cost of ownership
A monthly snapshot at typical assumptions — personalize the mortgage just below.
How this home sits in the Muskoka Lakes market
Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.
The Muskoka Lakes market right now
Average sold price, days on market, and closed-transaction count for Muskoka Lakes — sourced from MLS®.
- Avg sold price$1,816,788Last 30 days
- Median sold price$849,500Middle of the market
- Days on market37 dAvg from list to close
- Closed last 30d84MLS® transactions
We'll get you into 27 SR406 SHORE — the seller pays our commission
On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.
$0 to you. The seller pays our fee.
On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.
Property flags & disclosures
An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.
We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 27 SR406 SHORE and found nothing flagged. We re-check automatically as new records publish.
Common questions about this property
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How much is 27 SR406 SHORE listed for?
27 SR406 SHORE is listed at $3,750,000 on the MLS® (listing X12587392). The price refreshes on Summitly within minutes of any MLS® change.
How many bedrooms, bathrooms, and square feet does 27 SR406 SHORE have?
Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. 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 Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.