Affordable lakeside recreation and investment opportunity at Cedar Beach Resort on beautiful St. Mary Lake, Salt Spring Island! Three RV sites are available for purchase, offering the perfect opportunity to enjoy your own island getaway while benefiting from rental income potential. Site 3 is offered at $129,000 and includes a spacious deck and gazebo, while Sites 4 and 5 are each offered at $120,000. All three sites are currently rented on a month-to-month basis for $895 per month plus utilities, providing immediate income. Enjoy the flexibility of using your site for your own year-round recreation, renting it long-term or short-term, or combining personal use with rental income. Cedar Beach Resort is a well-established, year-round recreational destination situated on just over 4 acres of lakefront property, featuring 24 RV sites and 17 cottages. Resort amenities include a beautiful swimming beach, excellent bass and trout fishing, a wharf, and a clubhouse complete with kitchen facilities and a spacious wraparound deck overlooking the lakefront. Whether you're looking for an affordable recreational retreat, a revenue-generating investment, or a combination of both, these properties offer an exceptional opportunity to enjoy the Salt Spring Island lifestyle at a fraction of the cost of traditional waterfront ownership! (id:27476)
