14276 Highway 41 Cloyne Road
Addington Highlands, ON K0H 1K0
About This Property
Income-producing 20-room motel in Cloyne, the gateway to Bon Echo Provincial Park and the region's largest lakes and outdoor recreation destinations. Property features 20 guest rooms with private 4-piece ensuites, approximately 50 on-site parking spaces, and strong appeal to tourists and seasonal travelers. Includes licensed restaurant, bar, and outdoor patio, creating multiple revenue streams. On-site manager's apartment allows convenient live-and-operate ownership. Established business with repeat clientele and consistent traffic from Bon Echo visitors. Turn-key investment opportunity with potential for expansion or additional revenue streams. Sold as is.
Property Details
Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X12858700
Listed by REALTY 7 LTD.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$9,278
/month · $1,519,999 mortgage
Amortization
Total Interest
$1,263,384
Total Cost
$2,783,383
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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REALTY 7 LTD.