Exceptional Lakefront Management Rights - Significant Upside & Strong Growth

Offered exclusively with ResortBrokers, this high-performing lakefront management rights business puts you at the heart of Toronto’s prime foreshore, where lake views set the tone for both lifestyle and returns, enviably positioned to benefit from high demand corporate and holiday occupancy.

Brighton Toronto comprises 45 residential apartments, all included in the short-term letting pool, ensuring a consistent and strong income stream with an average compounding 9% p.a. growth in gross rental turnover in the last 10 years. Forward bookings remain strong for FY25/26 currently at $1.316M, representing a 14% increase on the previous year.

Underpinned by 25-year letting and 10-year caretaking agreements, combined with the absence of live onsite requirements and real estate purchase, makes this business opportunity highly desirable and flexible for a wide range of buyers.

There is significant upside for a hands-on operator to continue increasing profits by reducing maintenance and reception wages, as well as by capitalising on the potential to boost revenue, room rates, and occupancy.

This is truly a compelling opportunity, the perfect blend of strong returns, flexibility of management and a prime waterfront location, ready for a new operator to step in and continue the successful operation of this business.