7044 534 Highway photo 1
7044 534 Highway photo 2
7044 534 Highway photo 3
7044 534 Highway photo 4
7044 534 Highway photo 5
7044 534 Highway photo 6
7044 534 Highway photo 7
7044 534 Highway photo 8
7044 534 Highway photo 9
7044 534 Highway photo 10
7044 534 Highway photo 11
7044 534 Highway photo 12
7044 534 Highway photo 13
7044 534 Highway photo 14
7044 534 Highway photo 15
7044 534 Highway photo 16
7044 534 Highway photo 17
7044 534 Highway photo 18
7044 534 Highway photo 19
7044 534 Highway photo 20
7044 534 Highway photo 21
7044 534 Highway photo 22
7044 534 Highway photo 23
7044 534 Highway photo 24
7044 534 Highway photo 25
7044 534 Highway photo 26
7044 534 Highway photo 27
7044 534 Highway photo 28

7044 534 Highway

Parry Sound Remote Area, ON P0H 1W0

ActiveFor Sale
0 Beds
0 Baths
6,790 Sq Ft
Commercial
Virtual Tour Available

About This Property

Turnkey Restaurant & Lodge Investment Opportunity. Exceptional income property featuring a licensed restaurant, bar, and lodge on 2.34 acres in the heart of cottage country. Ideally located steps from Restoule Lake, snowmobile and walking trails, with a public boat launch just 500 ft away and only 7 km from Restoule Provincial Park, plus close proximity to local amenities and shopping. The restaurant and bar are leased to a Master Chef until June 30, 2027, generating $2,500/month in reliable rental income. The lodge offers four fully furnished guest suites, each with a queen bed and 4-pc bath; three suites include full kitchens and living areas, while the fourth features a fridge and microwave. Guests also have access to a shared commercial laundry (1 washer, 2 dryers). The basement includes a full kitchen and two bathrooms, ideal for staff use, storage, or future expansion. Approx. $210,000 invested in renovations since 2022, plus a 15KW Generac generator included. Sale includes two adjoining parcels (sold together): PIN 522250078 (1.558 acres) and PIN 522250075 (0.778 acres). Strong cash flow with excellent year-round recreational exposure and future growth potential.

Property Details

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Interior Size6,790 sq ft
Bedrooms0
Bathrooms0
Postal CodeP0H 1W0
Last UpdatedAug 8, 2026 · 8:29 p.m.

Sign in for full listing history and the exact list date.

Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® X12924100

Listed by HOMELIFE OPTIMUM REALTY

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.

$1,075,000

asking price

MLS®X12924100
TypeCommercial
CityParry Sound Remote Area
← Back to Search

Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$5,249

/month · $860,000 mortgage

Down Payment20% — $215,000
Interest Rate5.5%

Amortization

Total Interest

$714,810

Total Cost

$1,574,810

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

Full Mortgage Calculator →

Listed By

HOMELIFE OPTIMUM REALTY