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Maria Tompson
Sales Representative
Remax Example Inc., Brokerage
Independently owned and operated.
4711 Yonge Street, 10th Floor, Toronto, Ontario M2N 6K8
Cell: 416-548-7854Office: 416-548-7854Fax: 416-981-7184Toll Free: 1-866-382-2968
$1,980,000
Available - For Sale
Listing ID: X10419257
1606-17 MONTREAL Rd , Cornwall, K6H 1G1, Ontario
| Seize this unique opportunity to own a well-established motel business with stunning waterfront views. The Monte Carlo Motel consists of two separate buildings on individually titled lots (Pins). This family-owned, 25-unit motel overlooks the scenic St. Lawrence River and provides a mix of accommodations across two buildings. Ten rooms are kitchenette suites, and there's also a spacious two-bedroom "owner's suite" with an office. There are 4 basement suites included in the room breakdown. Situated on two lots on either side of Bryden Ave, this motel offers daily, weekly, and monthly rentals, catering to both short-term and long-term guests. The business has been meticulously maintained with updates to ensure comfort and appeal. Financial statements are available upon signing a Confidentiality Agreement, and a VTB mortgage may be available with a 50% down payment. Don't let this exceptional opportunity pass by! |
| Price | $1,980,000 |
| Taxes: | $21391.00 |
| Occupancy by: | Owner |
| Address: | 1606-17 MONTREAL Rd , Cornwall, K6H 1G1, Ontario |
| Postal Code: | K6H 1G1 |
| Province/State: | Ontario |
| Legal Description: | LT 48 PL 82; PT LT 2 CON 1 CORNWALL AS I |
| Lot Size: | 50.10 x 115.50 (Feet) |
| Directions/Cross Streets: | From Cornwall, go East on Montreal road until Bryden Ave. Motel is on the corner of Montreal Road an |
| Category: | With Property |
| Use: | Hospitality |
| Business/Building Name: | Monte Carlo Motel |
| Gross Income/Sales: | $226700 |
| Net Income Before Debt: | $98700 |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| KELLER WILLIAMS INTEGRITY REALTY |
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Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Stormont, Dundas and Glengarry |
| Municipality: | Cornwall |
| Neighbourhood: | 717 - Cornwall |
| Lot Size: | 50.10 x 115.50(Feet) |
| Tax: | $21,391 |
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