36 Room Franchise Motel (Econo Lodge) + Detached House for the Owner located in beautiful scenic town of Huntsville, just 2 hours north of Toronto and one of the busiest and high demand tourist destination in the Muskoka region known for its natural beauty, surrounded by lakes and parks, fall colors that draws many people around the world. Huntsville is the gateway to the famous Algonquin Provincial Park for its fall colors. *** About the property: This 2-story indoor corridor motel was newly built from the scratch by the current owner about 20 years back, Solid construction meeting all latest building and fire codes. Well-designed building, easy to manage in terms of housekeeping, maintenance etc. Year-round profitable operation with the busiest months are summer and fall months. The motel serves continental breakfast to the guests. Great opportunity for the new buyer to live on site in a detached house in a peaceful scenic town, manage and grow the business. Current owner has been successfully managing it for last 20 years, now it's time to move on with his other commitment and future plans.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
20613 sq. ft. Square Feet
Total Area:
20,613 sq. ft.1,915 m2
Lot Depth:
117'35.7 m
Lot Frontage:
198'60.4 m
Lot Shape:
Irregular
Water supply:
Municipal
Zoning:
Commercial MU1 - Motel
Heating type:
Electric Forced Air
Garage:
Outside/Surface
Possession Details:
30-90 days
HST Applicable To Sale Price:
Included In
Assessment Year:
2024
Type Taxes:
Annual
Taxes:
$29,760 /
2024
Assessment:
$- /
2024
Muskoka
Huntsville
Chaffey
Hot water tanks x 2
Full list of chattel and equipment included in the purchase price will be prepared and provided to the buyer during the conditional period.
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