- What The valuation for Trillium Resort & Spa is $528,000/room
- Why Marketing is targeting hospitality operators, investors and developers
- What next Chestnut Park Real Estate has the assignment
A waterfront resort in Ontario’s cottage country is on the block for $9.5m.
Chestnut Park Real Estate has the assignment for the Trillium Resort & Spa on behalf of a private owner who has operated the hotel for several decades. The valuation for the 18-unit hotel is $528,000/room.
An owner’s residence is included in the sale. Marketing is targeting hospitality operators, investors and developers looking to expand the hotel. Over 100,000 sq ft of buildable space is available.
The 104-acre property is on the semiprivate Devine Lake and has over 6,000 feet of water frontage. Amenities include Falling Water Spa, a restaurant, an outdoor pool, a sauna, a fitness centre and tennis courts. The resort offers seasonal activities such as canoeing, kayaking, snowshoeing, and cross-country skiing.
Trillium Resort & Spa is known as a wedding destination, with over 500 weddings held at the property in 15 years, and has served as a filming destination for a Hallmark movie.
Located at 848 Clearwater Lake Road in Port Sydney, the hotel is in the District Municipality of Muskoka. North Granite Ridge Golf Club, Port Sydney Falls and Port Sydney Beach are nearby.
Muskoka is approximately 85 km northeast of Barrie and 160 km from Toronto.
