9628 HWY 509 N/A, North Frontenac

$849,900
9628 HWY 509 N/A

$849,900

Extension
497d
Sale Of Business

9628 HWY 509 N/A, North Frontenac

Total Monthly Obligation $4,072

HausQ Valuation Report
Beds
0
Baths
0
Park
75
DOM
497d
Property Type-Sale Of Business
MLS® Number-X12219606
Beds-0
Lot Size-496.75 ft (front)
Listed on site-Jun 13, 2025
Building Type-Sale Of Business
Taxes-$3,229 (2025)
Parking-Outside/Surface
Heating-Baseboard
Brokerage-COLDWELL BANKER FIRST OTTAWA REALTY
Cooling-Yes
Fireplace-No
Pool-None
Possession-TBD
Neighbourhood-Frontenac North
Title-Commercial

No agent assigned

Thriving Business Opportunity in the Heart of Cottage Country next to Palmerston Lake. Nestled in the scenic and sought-after tourist destination of Palmerston Lake, this newly renovated 11-room motel offers incredible potential for investors or entrepreneurs. Situated on 2 acres with stunning views overlooking the lake, the property includes a welcoming reception/office area and an upper-level 3-bedroom, 1-bath apartment, perfect for an owner-operator or to generate additional income as a rental or Airbnb. With year-round tourist traffic, the business benefits from summer vacationers drawn to the area with many pristine lakes and winter visitors including snowmobilers and outdoor enthusiasts. High-speed internet and reliable cell service are available. Located just 3 hours from Toronto, this is a unique opportunity to live, work, and thrive in one of Ontario's most beautiful recreational areas.

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Closing Costs

Mortgage Amount
$679,920
Land Transfer Taxes$13,473
Legal Fees (Est.)
$
Total cash required for closing$184,953

Total Monthly Obligation

$4,072/mo
Mortgage $3,428
Monthly Loss $3,170
Principal$902
Interest$2,526
Property Tax$269
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 9628 HWY 509 N/A

Time

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