$ 1,980,000
1606-1700 MONTREAL RD Cornwall, ON K6H 1G1
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$ 1,980,000
Est. payment | /mo
$ 1,980,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID X10419257
Annual Tax Amount $21,391
Tax Year 2024
Property Description
Seize this unique opportunity to own a well-established motel business with stunning waterfront views. The Monte Carlo Motel consists of two separate buildings on individually titled lots (Pins). This family-owned, 25-unit motel overlooks the scenic St. Lawrence River and provides a mix of accommodations across two buildings. Ten rooms are kitchenette suites, and there’s also a spacious two-bedroom "owner's suite" with an office. There are 4 basement suites included in the room breakdown. Situated on two lots on either side of Bryden Ave, this motel offers daily, weekly, and monthly rentals, catering to both short-term and long-term guests. The business has been meticulously maintained with updates to ensure comfort and appeal. Financial statements are available upon signing a Confidentiality Agreement, and a VTB mortgage may be available with a 50% down payment. Don’t let this exceptional opportunity pass by!
Location
Province ON
County Stormont, Dundas And Glengarry
Area 717 - Cornwall
Rooms
Family Room No
Interior
Cooling Unknown
Exterior
Garage Spaces 17.0
Pool None
Utilities Available Unknown
Roof Type Unknown
Parking Type Unknown
Others
Security Features Unknown
Pets Description Unknown
Listed by KELLER WILLIAMS INTEGRITY REALTY
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "