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$ 10,500,000
Est. payment | /mo
6,000 SqFt
$ 10,500,000
Est. payment | /mo
6,000 SqFt
Key Details
Property Type Single Family Home
Sub Type Other, See Remarks
Listing Status Active
Purchase Type For Sale
Square Footage 6,000 sqft
Price per Sqft $1,750
Subdivision Wellington Ward
MLS® Listing ID 40784326
Year Built 1957
Lot Size 2.230 Acres
Acres 2.23
Property Sub-Type Other, See Remarks
Source Cornerstone Association of REALTORS®
Property Description
Invest in one of Ontario's fastest-growing summer tourist destinations. The Lakeside Motel is a beautifully renovated boutique hotel on the shores of Lake Ontario in Prince Edward County, licensed for up to 437 guests and featuring 11 guest rooms, 2 private cottages, and 5 newly constructed solid cabanas. The property includes PEC's largest waterfront patio and bar with seating for up to 160 guests, a 70-foot outdoor pool with bar, hot tub, sauna, fire pits, fully equipped outdoor kitchen, service bar, prep kitchen, and dish area. Additional on-site amenities include a food truck, liquor store, gift shop, and rentals for bicycles, kayaks, and canoes. The shoreline has been restored with added water access and dock. Recent upgrades include a new generator, outdoor sound system, and Porsche EV chargers. Only two hours from Toronto and four from Montreal, this turn-key property is one of PEC's most unique hospitality destinations. Financials available upon request. Opportunity to acquire two adjacent properties with potential to expand operations. Includes 351 Wellington Main St, sold together with 349 Wellington Main St, offering combined frontage of 172.55 ft, total site area of 2.23 acres, and parking of 40 + 12 spaces. Each property is held under separate ownership (see Schedule B), with with separate zoning designations (349 Wellington Main St C2, 351 Wellington Main St R1) and combined 2024 taxes of $20,030 (separate assessments). (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Exterior
Parking Features No
Community Features High Traffic Area
View Y/N No
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Others
Ownership Other, See Remarks
Listed by THE AGENCY
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
4145 North Service Rd Unit: Q 2nd Floor L7L 6A3, Burlington, ON, Canada