Loon Lake is nestled in the Thompson-Nicola region, approximately 40 kilometres northeast of Cache Creek and around 120 kilometres from Kamloops. Loon Lake is a popular fishing and vacation destination, especially for those who enjoy the outdoors. SHORT TERM RENTAL: According to Loon Lake's vacation rental market, lakeside cabins and other vacation amenities are generating significant rental returns.Ten deed titles with 1757 Acres. A grazing lease with 120,701 Acres. The Buyer may use as low as $72.51/acre owning the rights to utilize the whole ranch located near Kamloops. The 3,994 AUM Range Permit allows grazing for 800 head on Crown Land. Current Annual Rental Income: $90,000+GST. To provide more flexibility to the Buyer, he/she may choose to assume tenancy or request for vacant possession.