Ontario All-Season Resort and Restaurant For Sale

Barry's Bay, ON
Asking Price: $1,153,157 ($1,595,000 CAD)
Real Estate Details
Listed on Jul 4, 2025

Turnkey Resort | Private Compound Potential | 9 Waterfront Cottages | Restaurant & Bar | 700+ ft of Shoreline | 50km of Trails

Welcome to a rare and exceptional opportunity to own a thriving four-season resort nestled on the sparkling shores of Spectacle Lake, just outside Barry’s Bay in Ontario’s breathtaking Madawaska Valley. This meticulously maintained, well-established property offers unmatched flexibility—operate as a profitable hospitality business, or transform it into a private, multi-generational family compound or exclusive retreat.

Property Overview

9 winterized lakefront cottages — well-separated and fully equipped, ideal for guest rentals or private family use
5 guest lodge rooms in the main building—comfortable, clean, and ready for year-round occupancy
Owner’s suite with sweeping lake views—perfect for a permanent residence or primary estate quarters
Over 700 feet of shoreline with a beautiful soft sandy beach, ideal for swimming, lounging, and lakeside gatherings
50 km of scenic forest trails directly accessible from the property—ideal for hiking, snowmobiling, ATV adventures, and nature immersion

Commercial Features & Event Infrastructure

Licensed restaurant and bar with 120-seat indoor capacity, plus 48-seat patio right at the water’s edge
Top-tier commercial kitchen with modern appliances—turnkey for chefs, caterers, or large family gatherings
Outdoor firepits, canoes/kayaks, docks, and event lawn areas ready for weddings, reunions, or private entertaining
Ideal as a venue for destination retreats, corporate escapes, or personal wellness events

Location & Lifestyle

2.25 hours to Ottawa, 4.5 hours to Toronto, scenic year-round access via Highway 60
10 minutes to Barry’s Bay, with full services: hospital, ski hill, restaurants, grocery, pharmacy, arts and crafts
Near Algonquin Provincial Park’s East Gate, Bell Bay, and numerous fishing and boating lakes
Private aviation friendly—near Madawaska Valley Airpark (CNZ4), suitable for small aircraft access

Flexible Future: Resort Business or Private Sanctuary

While fully operational as a successful commercial resort, this property also presents a rare chance to be reimagined as a private estate or family compound. With 15 well-spaced accommodations, a central lodge, and communal spaces already in place, it’s uniquely suited for:

Multi-generational family ownership
A legacy vacation property with private quarters and guest cottages
Exclusive wellness or artist retreat
Private club-style residence with luxury amenities for a small group
Retain the commercial licensing, scale back operations, or close to the public entirely—the choice is yours.

Investment Highlights

Proven revenue from accommodations, food & beverage, and events
High-growth potential through strategic marketing, value-add programming, or seasonal rentals
Rare combination of commercial zoning, waterfront access, and year-round infrastructure
Suitable for hands-on operators, passive investors, or private buyers seeking space, freedom, and natural beauty

Lodge offers the best of all worlds—a beautiful lakeside setting, established income streams, and the option to build a private legacy for generations to come.

Whether you seek a revenue-generating hospitality business, a personal sanctuary, or the ultimate multi-use retreat, this is a once-in-a-generation offering in the heart of Ontario’s lake country.

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Financials (USD)

Net Operating Income (Annual) Not Disclosed

Asking Price $1,153,157

Converted From CAD

Exchange Rate $0.72

Cap Rate Available On Request

Additional Details

Street Address 202 Spectacle Lake Road

Zoning Resort Commercial

Deal Terms

Who is Listing the Property? Real Estate Broker

Broker Co-Op? Yes

Seller Financing Available? No

Seller Willing To Lease? No

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