Tobermory Assigned

  • $799,000
Wholesale Price of $799,000 or Best Offer!

By June 12, 2020
Realtors bring your clients, just add your commission to the purchase price!

Purchase this Property Today for $400,000 BELOW Appraised Value!
Closing Date: July 31, 2020

197 Eagle Road, Tobermory, Ontario

Perfect timing! Ontario has just announced that short term rentals will be permitted to operate beginning June 5th (TODAY)!

197 Eagle Road is a gorgeous detached lakefront cottage in the high demand tourist area of Tobermory, Ontario. This property currently operates as 2 separate short term rental units, and brought in upwards of $50,000 in gross income in the summer of 2019 alone. The entire property has 6 bedrooms and sleeps up to 16 people. You can view the Airbnb listings for both Unit 1 and Unit 2. The property also features a large detached garage, with the waterline ready to be hooked up – opportunity to convert the garage to a third rental unit for additional income! The owners received an appraisal on the property of $1,208,000 in 2018, which is available here. This is a great opportunity to purchase a beautiful short term rental or family cottage at a massive discount to market value!
Property Features

  • 2.5 Storey
  • 167 ft x 492 ft Lot Size
  • Total of 6 bedrooms and 5 bathrooms
  • 2 Kitchens, 2 Laundry Rooms
  • Large Detached Garage with potential to convert to a 3rd rental unit!
  • New Furnace 2017 (Owned)
  • Upgraded 2000L Septic Tank ($56,000)
  • 50 foot dock
  • All high end stainless steel appliances included!
  • Arctic Spa Hot Tub Included
  • All furniture, linens, kitchen utensils, kayaks INCLUDED! Ready to rent immediately!
  • Much more upgrades and features – take a look at the pictures and Airbnb listings!


Pictures and More
If You’re Interested….

Email us at or call Luca at 647-308-2118. Sal can answer any questions you have and set up a time to view the property.


Please Do Not Go Directly to the Property


We will be scheduling one time for all viewings. Afterwards, we will take the best offer. We will also consider offers sight unseen (can be conditional on viewing), but only if you’re 99% sure you want the deal. Please give us a call if you are interested or have any questions.

Tobermory, ON
Assignment of Contract
Property Type:

Call 647-930-0291 for more details