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$1,075,000
Available - For Sale
Listing ID: X12924100
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: $3,287.69
Tax Type: Annual
Occupancy by: 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
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Accommodation
Building Percentage: T
Total Area: 6,790
Total Area Code:  Square Feet
Days Open: O
Employees #: 0
Seats: 135
Maintenance: 0
Heat Type: Baseboard
Central Air Conditioning: Yes
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HOMELIFE OPTIMUM REALTY

7044 534 Highway , Parry Sound Remote Area, P0H 1W0, Parry Sound

Personal Picture
Paulette Zander
Sales Representatives
Dir:
416-456-7481
Bus:
416-203-6636
Fax:
416-203-1908

 
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Type: Com - Investment
Area: Parry Sound
Municipality: Parry Sound Remote Area
Neighbourhood: Restoule
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Lot Size: x 324.09(Feet)
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Tax: $3,287.69
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Personal Pic Paulette Zander Sales Representatives pic pzander@rogers.com Remax Condos Plus Corp., Brokerage Independently owned and operated. pic 45 Harbour Square, Toronto, Ontario M5J 2G4 pic Cell: 416-456-7481 | Office: 416-203-6636 | Fax: 416-203-1908