We use cookies and other technologies for functionality, security, and to provide you with a personalized experience on our online services. By continuing to use our online services, you agree to our Privacy Policy and Terms of Use. For information on how to adjust your privacy settings, visit our Cookie Policy.
Dismiss
Home ON Tay Valley
22823 HIGHWAY 7 HIGHWAY
Directions Print
22823 HIGHWAY 7 HIGHWAY $499,000
$499,000
Hide
Favourite

22823 HIGHWAY 7 HIGHWAY
Tay Valley, Ontario K0H2B0

MLS® Number: X12167570

Listing Description

Incredible Investment Opportunity Across from Stunning Silver Lake with elevated views! Welcome to a rare and unique motel property located on Highway 7 just west of Maberly, directly across from the shimmering waters of Silver Lake, currently charging from $700-$1200 per unit a month, which brings in more than $14,000.00 a month in revenue offering immediate and steady income. The main building hosts a common area with washer/dryer and a full bathroom with shower, 7 units all with own bathrooms, living area and some with kitchenettes. There are 3 self contained cabins all with own bathrooms, kitchenettes, living area and views, while the back 4 cabins have a shared bathroom steps away. Situated in a high-visibility location with easy highway access, the property is steps away from Silver Lake Provincial Park, offering swimming, boating, hiking, and more. A public boat launch is just across the road, perfect for tenants and visitors to enjoy. This is an outdoor enthusiasts paradise and just a quick 10-minute drive to the vibrant village of Sharbot Lake for shopping, dining, and community events. With a solid rental history, beautiful surroundings, and potential for further development or business ventures, this property invites endless possibilities. A scenic, income-producing gem with endless potential (40521889)

Location Description

Highway 7 across from Silver Lake

Property Summary

Property Type
Business
Community Name
905 - Bathurst/Burgess & Sherbrooke (South Sherbrooke) Twp
Land Size
2.276 ac
Annual Property Taxes
$2,422
Time on REALTOR.ca
35 days

Building

Heating & Cooling
Heating Type
Baseboard heaters

Measurements

Square Footage
2 ac

Land

Lot Features
Frontage
351 ft
Land Depth
246 ft
Other Property Information
Zoning Description
Commercial Seasonal Motel
Data provided by: Ottawa Real Estate Board 1826 Woodward Drive, Ottawa, Ontario K2C 0P7
Matthew Hotston