© 2026 HomeSix Realty Inc. All rights reserved.

MLS® X12587408
Muskoka Lakes, ON
This iconic, water-access-only commercial package on the Severn River offers a once-in-a-generation opportunity to own the legendary WAUBIC - established in 1913 and still one of the most beloved stops between Lock 43 and the historic Big Chute Marine Railway (Lock 44). Spanning 8.05 acres across two parcels plus an additional 3.11-acre residential lot with existing boathouse, this turn-key operation blends history, profitability, and future potential in one remarkable offering. The Waubic's fully equipped commercial kitchen also boasts a walk-in cooler and all the essentials needed for efficient, high-volume service. Over 1000 feet of shoreline and nearly 700 feet of docking anchors a dynamic waterfront hub featuring the iconic Waubic Restaurant, the Dockside Brewhouse, Waubic Wear merch store, the Bay House rental cabin, 2 separate staff quarters, and a beautifully elevated 743 sq. ft. owner's cottage with panoramic river views. Guests return year after year for the restaurant's nostalgic charm, amazing menu, vibrant brewhouse atmosphere, and curated retail experience, while the Bay House continues to draw strong rental demand with its cozy layout and unbeatable location. The included 3.11-acre lot-with 233 feet of private shoreline-adds exceptional flexibility for residential use or expansion, with opportunities to introduce rental cabins, recreational amenities, or watercraft services (subject to zoning). With established seasonal traffic, multiple income streams, and a legacy brand that spans generations, this rare multi-faceted property stands as one of the most compelling commercial holdings on the Trent-Severn waterway - ideal for restaurateurs, hospitality operators, investors, or entrepreneurs seeking a thriving waterfront enterprise with remarkable growth potential. Business and Properties are being sold as a package. Includes business, PIN 480230052, PIN 480230009 and PIN 480230171.
Inclusions
See List of equipment/chattels
Broker
CENTURY 21 B.J. ROTH REALTY LTD.
Own a home here? See what it could sell for.
Use this listing address as a starting point for a Home6 seller valuation.

Land
27 SR406 SHORE Muskoka Lakes
Muskoka Lakes
Type
Land
Parking
None
Property Tax
~$4,522/yr
Heating
Electric Forced Air
Buying Essentials
Square Feet
8 sqft
Parking
None
Finances
List Price
$3,500,000
Price per SQFT
$437,500/sqft
Property Tax
~$4,522/yr
Property Specs
Property Type
Land
MLS Size
8 sqft
Living & Amenities
Heating Type
Electric Forced Air
Policies & Utilities
Neighbourhood
Muskoka Lakes
Listed On
Nov 28, 2025
Days on Market
Current: 344 days
Room information is not available for this listing.
Learn about the area and demographics around this address.
Schools closest to 27 SR406 SHORE Muskoka Lakes.
Source: No verified source available.Catchment boundaries and ratings are shown only when available.
Active alternatives ranked by location, property type, price, bedrooms, size, bathrooms, and recency.
Recent sold or leased properties are shown separately from active alternatives.
Close to 27 SR406 SHORE Muskoka Lakes.