1606 MONTREAL RD Active

Cornwall,ON K6H 1G1

$ 1980000

- Bed

- Bath

- SqFt


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

1700 & 1606 Montreal Road. 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

Community 717 - Cornwall

Area Stormont, Dundas And Glengarry

Region 717 - Cornwall

City Region 717 - Cornwall

Rooms

Family Room No

Interior

Cooling Unknown

Exterior

Garage Spaces 17.0

Pool None

Utilities Available Unknown

Roof Type Unknown

Lot Depth 115.5

Others

Security Features Unknown

Pets Allowed Unknown

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