For sale

1606 Montreal Road

$1,980,000
Cornwall, Ontario, K6H 1G1

Overview

  • Updated On:
  • March 25 2025
  • MLS® Number
  • X10419257

Description

1606 & 1700 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. VTB mortgage may be available with a 50% down payment. Don't let this exceptional opportunity pass by! (id:57887)

Price:
Price Info:
Property Type: Business
$ 10,151.85
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 7,676.85
Utility
UtilityWater: Municipal water
Acreage: No
SizeDepth: 115 Ft ,6 In
SizeFrontage: 50 Ft ,1 In
SizeIrregular: 50.1 X 115.5 Ft ; 1
SizeTotalText: 50.1 X 115.5 Ft ; 1
ZoningDescription: Res 20
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