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

State 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

Others

Security Features Unknown

Pets Allowed Unknown

View More
Favorite Go Tour