For Sale Business

1606 + 1700 Montreal Road

$1,649,900 Est. $7,305/mo ↓

Cornwall, Ontario K6H 1G1

14 Parking spaces
50 X 150 Ft ; 1 Lot size
166 days ago Listed
Fully Air Conditioned Forced Air

About this home

Don't miss this opportunity to own a well established motel business overlooking the water. The Monte Carlo Motel property is composed of two separate buildings on two separate lots each having their own titles (Pins). In building #1 (1700 Montreal RD) There is a full 2 bedroom owner's suite c/w office/reception, 5-one bed rooms with no kitchen, 2-one bed rooms with kitchen, 4-two bed rooms with no kitchen, 2-two bed rooms with kitchen. Total of 13 rooms, and owner suite/reception (two rooms in basement). Approx. half the rooms have a shower and half have a bathtub. Building #2 (1606 Montreal Road). There is 1 larger two bed (one is pull-out sofa bed) suite overlooking the water with kitchen and laundry, 4-one bed rooms with kitchen, 2-one bed rooms without kitchen, 2-2 bed rooms with kitchen, 1-2 bed room without kitchen. Building #2 rooms approx. half with shower and half with bathtub. (id:28469)

Business

Business Type Accommodation
Business Sub Type Motel
Name Monte Carlo Motel

Facts & features

Property

MLS® Number
X12901572
Property Type
Business
Community Name
717 - Cornwall
Equipment Type
Furnace
Parking Space Total
14
Rental Equipment Type
Furnace

Building

Cooling Type
Fully Air Conditioned
Heating Fuel
Natural Gas
Heating Type
Forced Air
Utility Water
Municipal Water

Parking

Other

Land

Acreage
No
Size Depth
150 Ft
Size Frontage
50 Ft
Size Irregular
50 X 150 Ft ; 1
Size Total Text
50 X 150 Ft ; 1
Zoning Description
Res 20

Monthly payment estimate

$
Estimated payment per month
Mortgage amount
Total interest

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Cost of ownership

Est. monthly payment
$7,305/mo
Ontario land transfer tax
$29,473 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.

The Cornwall market

233 Active listings
$439,900 Median asking price
275% above median This home
36 days Avg. time on market
Browse all Cornwall listings →

Location

1606 + 1700 Montreal Road, Cornwall, Ontario K6H 1G1  ·  Get directions

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