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RE/MAX Millennium Real Estate Brokerage

BASHIR & NADIA AHMED
Real Estate Agents
Office Phone: (905) 265-2200
Direct: +1-416-346-4000
www.bashirahmed.ca

RE/MAX Millennium Real Estate Brokerage
Pic_of_house
Status:
For Sale
Property Price:
$2,200,000
Business Type:
Hotel/Motel/Inn
Property Type:
Sale Of Business
Cross Street:
Highway 7 & Lancaster Rd.
Heating:
Gas Hot Water
Employees:
1
Financial Statement:
Yes
Freestanding:
Yes
Front Footage:
245
Industrial Area:
0
Legal Description:
Pt Lt 27 Con 10 Otonabee As In R701231;T/W R701231
Sewers:
Septics
Total Size:
2 Acres
Type Taxes:
Annual
Zoning:
Commercial (Ch)
Lot Size:
245 X 490 Feet
Garage Type:
Outside/Surface
Water:
Well
Remarks:

15 Rooms Renovated Motel With Attached House On Busy Hwy7 (700M From Hwy 115). Well Established Property Situated On 2.75 Acre Land With 245Ft Frontage On Hwy 7. Best Opportunity For Investment. The Property's Zoning Offers Huge Potential In Mix Development And Gen. Commercial Zoning Allows For A Large Selection Of Uses Incl. To Build Up To 3 Storeys Hotel Rooms, Build Truck Stop Or Buildings As Any Commercial/ Gas Station/ Automotive/ Retail/ Plaza.

Motel Was Improved And Fully Renovated. High Occupancy, High Cap Rate, Very Low Expenses. All Rooms Equipped With A/C, Fridge, Tv, H/S Internet Access/ Phone/ Microwave. Please See Attached For All Permitted Uses. Financials Upon Request.

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BASHIR & NADIA   AHMED, Real Estate Agents

RE/MAX Millennium Real Estate Brokerage

BASHIR & NADIA AHMED
Real Estate Agents
Office Phone: (905) 265-2200
Direct: +1-416-346-4000
www.bashirahmed.ca

RE/MAX Millennium Real Estate Brokerage
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