14 Bedrooms

12 Bathrooms

5,000 - 100,000 sqft Interior

20 Parking spaces

284 X 279 Ft, 1/2 - 1.99 Acres Lot size

1 day ago Listed

Window Air Conditioner Baseboard Heaters

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About this home

Live-in 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 renovated 11 room motel offers incredible potential for investors or entrepreneurs. Situated on 1.56 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 with the K&P trail running behind the property. 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. Buyer to verify all intended uses with the township. (id:28469)

Facts & features

Property

MLS® Number: X13700818
Property Type: Single Family
Community Name: 53 - Frontenac North
Ownership: Freehold
Communication Type: High Speed Internet
Features: Irregular Lot Size, In-law Suite
Parking Space Total: 20
View Type: Lake View, View Of Water

Building

Bathroom Total: 12
Bedrooms Above Ground: 14
Bedrooms Total: 14
Age: 31 To 50 Years
Appliances: Water Heater, Refrigerator
Basement Type: None
Construction Style Attachment: Detached
Cooling Type: Window Air Conditioner
Exterior Finish: Vinyl Siding
Foundation Type: Slab
Heating Fuel: Electric
Heating Type: Baseboard Heaters
Stories Total: 2
Size Interior: 5,000 - 100,000 Sqft
Type: House
Utility Water: Drilled Well

Parking

No Garage: —

Land

Acreage: No
Sewer: Septic System
Size Depth: 279 Ft
Size Frontage: 284 Ft
Size Irregular: 284 X 279 Ft
Size Total Text: 284 X 279 Ft|1/2 - 1.99 Acres
Zoning Description: Hamlet

Utilities

Electricity: Installed

Monthly payment estimate

Home price

Down payment 20%

Interest rate (%)

Amortization

Frequency

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: $2,656/mo
Ontario land transfer tax: $8,473 one-time

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

The Frontenac North market

40 Active listings

$647,400 Median asking price

7% below median This home

28 days Avg. time on market

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Location

9628 Hwy 509, Frontenac, Ontario K0H 2J0 · Get directions

9628 Hwy 509