Tel: 647-575-1010
Fax: 1-866-516-3444
Email: homes@nobleman.ca

$1,900,000
Available - For Sale
Listing ID: X12091420
14276 Highway 41, Cloyne Road , Addington Highlands, K0H 1K0, Lennox & Addingt


Motel/Inn Investment in Cloyne, The Gateway To The Region's Largest Lakes and Bon Echo Provincial Park.A Beloved Destination For Campers, Hikers, And Nature Lovers!Here's Your Chance To Own A Profitable, Easy-To-Operate Motel Featuring: 20 Updated Rooms, Each With A Private Four-Piece Bathroom, Spread Over Two Level, Full-Service Restaurant and Bar, Laundry Room, 50 Parking Spaces Surrounding The Building, On-Site Manager's Residence - Live And Work In One Place!Whether You're A Newcomer To Canada Or An Investor Seeking For A Solid Business With Year-Round Potential, This One Checks All The Boxes.Dreaming Of Escaping The City? Expanding Your Real Estate Portfolio? Starting A Lifestyle Business In A Picturesque Settings?This Opportunity Is Ready To Go!Selling As Is - Don't Wait!Opportunities Like This Are Rare!
Price $1,900,000
Taxes: $7237.83
Tax Type: Annual
Occupancy: Owner
Address: 14276 Highway 41, Cloyne Road , Addington Highlands, K0H 1K0, Lennox & Addingt
Postal Code: K0H 1K0
Province/State: Lennox & Addingt
Directions/Cross Streets: Highway 41 & Spencer Ave.
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Category: Accommodation
Use: Hotel/Motel/Inn
Building Percentage: T
Total Area: 0.97
Total Area Code:  Acres
Area Influences: Major Highway   Skiing
Franchise: F
Days Open: O
Sprinklers: No
Washrooms: 23
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
Sewers: Septic
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$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $95,000 $190,000 $285,000 $380,000
First Mortgage $1,805,000 $1,710,000 $1,615,000 $1,520,000
CMHC/GE $72,200 $53,010 $45,220 $0
Total Financing $1,877,200 $1,763,010 $1,660,220 $1,520,000
Monthly P&I $9,263.64 $8,700.14 $8,192.89 $7,500.93
Expenses $0 $0 $0 $0
Total Payment $9,263.64 $8,700.14 $8,192.89 $7,500.93
Income Required $347,386.6 $326,255.08 $307,233.21 $281,284.69

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
$4,688.08
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
REALTY 7 LTD.
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Shaukat Malik, M.Sc
Broker Of Record
Dir:
647-575-1010
Bus:
416-400-9125
Fax:
1-866-516-3444
 
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At a Glance:
Type: Com - Investment
Area: Lennox & Addington
Municipality: Addington Highlands
Neighbourhood: Addington Highlands
Style:
Lot Size: x 359.57(Acres)
Approximate Age:
Tax: $7,237.83
Maintenance Fee: $0
Beds: 0
Baths: 23
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
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