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500 Smith CRESCENT
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Beaver Flat · Business · under $400,000. Alerts only send when there are new or meaningfully updated matching homes.
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Welcome to the Resort Village of Beaver Flat and this truly turnkey business opportunity. Have you ever dreamed of living at the lake while running your own business? This well-established restaurant and convenience store offers the perfect blend of lifestyle and income and is the only business of its kind within the resort. The restaurant offers a popular menu including deep-fried snacks, donuts, churros, soft-serve ice cream, take-and-bake frozen pizzas, and a wide variety of treats. The kitchen area is exceptionally well-maintained and is, without question, one of the cleanest restaurant kitchens you will find — a true testament to the pride of ownership. The storefront is ideally suited for retail sales, providing daily necessities such as groceries, fishing bait, and those forgotten vacation essentials. A separate seating area offers a welcoming space for rainy-day crafts, watching the game, or relaxing with family and friends. This area may also be rented for private events and includes a coffee station, tables, and access to a back deck complete with a BBQ and grill. Included in the purchase is a Thor Wave 29' camper trailer, which will be added to the lot for owner accommodation, as well as an 8' x 12' bunkhouse used as a nightly rental, complete with access to a Porta-Potti. The location is ideal, backing onto the #1 tee box of the 9-hole sand green golf course, adjacent to the community hall, and situated on the main road running through the resort. Beaver Flat offers excellent amenities, including beach volleyball, pickleball, basketball courts, a playground, ball diamonds, a charming beach area, and a close-knit community of 132 residences, 23 of which are year-round homes. (id:65958)
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Feb 4, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.