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Yuvraj Sharma

Realtor
C 21 Realty Centre, Brokerage Independently owned and operated. 8550 Airport Road, Brampton, Ontario L6T5A3 Cell: 647-961-7334Office: 905-783-1000

$799,000
Available - For Sale
Listing ID: X12246003
5216 HWY 551, Providence N/A , Central Manitoulin, P0P 1T0, Manitoulin


Price to Sell - Huron Sands Motel and Restaurant, A beautiful and well-maintained property in MANITOULIN ISLAND, a world's largest freshwater island and a well known tourist destination in Northern Ontario. The property consists of 10 Motel Room + 2 Additional Room (for Staff) + 2 Bedroom Owner's Apartment + One fully furnished Trailer + Restaurant + Huge Storage Area. It's situated on about 1.926 Acres of land and just minutes away from the beautiful Providence Bay Beach and 1.5 hrs. from Espanola, 2 hrs. from Sudbury and 20 min to South Baymouth Ferry Terminal (Ferry to Tobermory). Motel and Restaurant both businesses are making excellent profit, YEAR-ROUND OPERATION. Motel has a Canada Post office paying Monthly Rent. Motel also has an Electric Vehicle Chargers. Many many upgrades and renovations have been done in the past few years. Great investment opportunity OR ideal for the buyer family to move in and run both profitable businesses.
Price $799,000
Taxes: $7130.00
Tax Type: Annual
Occupancy: Owner
Address: 5216 HWY 551, Providence N/A , Central Manitoulin, P0P 1T0, Manitoulin
Postal Code: P0P 1T0
Province/State: Manitoulin
Directions/Cross Streets: Hwy 551 (Muchmor St) and Eliza Jane St
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: With Property
Use: Hotel/Motel/Inn
Building Percentage: T
Total Area: 1.93
Total Area Code:  Acres
Retail Area Code: Sq Ft
Business/Building Name: Huron Sands Motel and Restaurant
Financial Statement: T
Chattels: T
Franchise: F
Days Open: O
Hours Open: 7AM - 1
Employees #: 5
Seats: 40
Washrooms: 14
Heat Type: Baseboard
Central Air Conditioning: Yes
Sewers: Septic
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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

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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.
CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Personal Picture
Yuvraj Sharma
Realtor
Dir:
647-961-7334
Bus:
905-783-1000
 
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At a Glance:
Type: Com - Sale Of Business
Area: Manitoulin
Municipality: Central Manitoulin
Neighbourhood: Dufferin Grove
Style:
Lot Size: x 263.00(Feet)
Approximate Age:
Tax: $7,130
Maintenance Fee: $0
Beds: 0
Baths: 14
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
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