$1,075,000
Available - For Sale
Listing ID: X12924100
7044 534 Highway , Parry Sound Remote Area, P0H 1W0, Parry Sound
| Turnkey Restaurant & Lodge Investment Opportunity. Exceptional income property featuring a licensed restaurant, bar, and lodge on 2.34 acres in the heart of cottage country. Ideally located steps from Restoule Lake, snowmobile and walking trails, with a public boat launch just 500 ft away and only 7 km from Restoule Provincial Park, plus close proximity to local amenities and shopping. The restaurant and bar are leased to a Master Chef until June 30, 2027, generating $2,500/month in reliable rental income. The lodge offers four fully furnished guest suites, each with a queen bed and 4-pc bath; three suites include full kitchens and living areas, while the fourth features a fridge and microwave. Guests also have access to a shared commercial laundry (1 washer, 2 dryers). The basement includes a full kitchen and two bathrooms, ideal for staff use, storage, or future expansion. Approx. $210,000 invested in renovations since 2022, plus a 15KW Generac generator included. Sale includes two adjoining parcels (sold together): PIN 522250078 (1.558 acres) and PIN 522250075 (0.778 acres). Strong cash flow with excellent year-round recreational exposure and future growth potential. |
| Price | $1,075,000 |
| Taxes: | $3287.69 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 7044 534 Highway , Parry Sound Remote Area, P0H 1W0, Parry Sound |
| Postal Code: | P0H 1W0 |
| Province/State: | Parry Sound |
| Directions/Cross Streets: | HWY 534 AND Beaudry's Hill Rd |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Accommodation |
| Building Percentage: | T |
| Total Area: | 6790.00 |
| Total Area Code: | Square Feet |
| Days Open: | O |
| Employees #: | 0 |
| Seats: | 135 |
| Washrooms: | 0 |
| Heat Type: | Baseboard |
| Central Air Conditioning: | Yes |
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| HOMELIFE OPTIMUM REALTY |
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Kambiz Farsian
Sales Representative
Dir:
416-317-4438
Bus:
905-695-7888
Fax:
905-695-0900
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At a Glance:
| Type: | Com - Investment |
| Area: | Parry Sound |
| Municipality: | Parry Sound Remote Area |
| Neighbourhood: | Restoule |
| Tax: | $3,287.69 |
| Fireplace: | N |
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