5032 TRANS-CANADA Highway, Wawa, ON

$598,888
MLS#:X13117868
0 beds
0 baths
Commercial
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Property Highlights

Welcome to this remarkable commercial retail located in the coveted neighborhood of Wawa. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $598,888 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 0 Bedrooms and 0 Bathrooms
  • Premium 299.01 x 267.56 ft lot size
  • Convenient other garage included
  • equipped with yes central cooling and highly efficient electric forced air heating

Description

Welcome to an exceptional Commercial/Residential opportunity on Fungus Lake in White River. This rare 2.00-acre point property offers 194.41 ft of natural, deep, clear-water shoreline, providing panoramic lake views and breathtaking sunsets. The combination of sandy beach entry and deep-water frontage makes this an ideal location for families, year-round recreation. The primary bungalow-style resort house is privately nestled among mature trees and positioned to overlook the lake. Features include: Full kitchen, Dining room, Spacious living room, Satellite TV and internet access. Direct access to the waterfront and resort amenities. This home is suitable as an owner's residence, year-round lodge, or operations building. 8 Cabins & Guest Lodge The property includes 8 fully equipped, each offering, Private washrooms Full kitchens with stoves, refrigerators, and microwaves.TV units. Ample interior space for families and groups In addition, Guest Lodge provides 8 spacious rooms, 1 bathroom, and a shared kitchen, ideal for larger parties or overflow accommodations. Multi-family recreational retreat. Owner-occupied residence with income generation. Zoned Tourist Commercial, Year-round resort operations Existing commercial amenities include: Two double fuel pumps (two gas, two diesel) offering strong revenue potential. Convenience store with counters, freezers, and retail space, Private sandy beach ideal for children and safe swimming. Deep-water access for docking, boating, and fishing. Halfway between Wawa and north of White River. Approximately 4 hours from Thunder Bay. Approximately 10 hours from the GTA. Excellent access for tourists, anglers, snowmobilers, Turnkey income-producing property with multiple revenue streams: lodging, fuel sales, retail. Strong year-round demand for fishing, hunting, snowmobiling, and northern tourism. Ideal for investors, resort operators, or families seeking a northern lifestyle property with built-in income.

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Key Features

Property Type
Commercial

Additional Details

StatusPrice Change
Listed Date5/7/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCommercial Retail
Lot Size299.01 × 267.56 Feet
CountyAlgoma
Annual Tax$560.89
Legal DescriptionPCL 11636 SEC AWS; LOCATION MS34 DAHL PT 1 AR855; DISTRICT OF ALGOMA

Parking & Garage

Garage TypeOther

Heating & Cooling

Heat TypeElectric Forced Air
CoolingYes

Features

Property Features

Interior Features

Security Features

Partial

Community Features

Greenbelt/Conservation, Major Highway

Location

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5032 TRANS-CANADA Highway, Wawa, ON

Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 5032 TRANS-CANADA Highway E, Wawa, ON P0M 3G0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Wawa.

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Interest Rate5.25%
Down Payment$34,889 (5.8%)
* Minimum Canadian down payment required for this price is $34,889.
Amortization Period25 Years
Estimated Monthly Payment$3,361Based on a loan of $563,999 over 25 years.
Purchase Price$598,888
Loan Amount$563,999
Provincial Land Transfer Tax:$8,453
Total Estimated Closing Taxes:$8,453

About Purchasing a Home in Wawa, ON

For a property listed at $598,888 in Wawa, the legal minimum down payment is $34,889 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $8,453 for this transaction. As this listing is in Wawa (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $8,453.

Nearby Listings

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No current listings found in Wawa.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Wawa.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$344,197

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Saint-Joseph
Public101 Churchill Avenue, Wawa, Ontario, P0S 1K0
1.4

Secondary Schools

Michipicoten
Public86 Magpie Road, Wawa, Ontario, P0S 1K0
3.5
Saint-Joseph
Public101 Churchill Avenue, Wawa, Ontario, P0S 1K0
5.2

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.