22823 Highway 7 Highway Maberly, Ontario K0H 2B0
$999,000
A unique opportunity in prime location across the highway from Silver Lake. This high traffic with elevated views of the lake will get you dreaming of the possibilities. Formerly ran as a fully licensed restaurant and motel with living quarters is now being used as Silver Lake Motel, a fully rented motel with monthly rates and has 18 units that rent from $600 to $1200 a month, current gross income of $13,000 a month. The main building has 7 units all with own bathrooms, kitchenettes and living area, there are 3 self contained cabins all with own bathrooms, kitchenettes, living area and views, while the back 4 cabins are split into 8 units with shared bathroom steps away for a total of 18 units on this spectacular property. These units rent monthly with no vacancies ever. The main common area houses a pool table, pinball machine, washer and dryers and also a full bathroom with shower. The view and location will get you dreaming. Listing agent to be present during all showings. (id:18965)
Property Details
MLS® Number | 1357748 |
Property Type | Institutional - Special Purpose |
Neigbourhood | Maberly Silver Lake |
Parking Space Total | 20 |
Building
Exterior Finish | Siding |
Flooring Type | Laminate, Linoleum |
Heating Fuel | Electric |
Heating Type | Baseboard Heaters |
Utility Water | Drilled Well |
Parking
Open |
Land
Acreage | Yes |
Sewer | Septic System |
Size Frontage | 351 Ft |
Size Irregular | 1.8 |
Size Total | 1.8 Ac |
Size Total Text | 1.8 Ac |
Zoning Description | Commercial/res |
https://www.realtor.ca/real-estate/26001659/22823-highway-7-highway-maberly-maberly-silver-lake
Interested?
Contact us for more information
2733 Lancaster Road, Unit 121
Ottawa, Ontario K1B 0A9
(613) 317-2121
(613) 903-7703
www.c21synergy.ca