13191 ON-62, Madoc - Business for Sale
13191 ON-62, Madoc, Ontario, K0K2K0
This business in Madoc is for sale offering roughly 2,800 sq ft of space.
Description
WATERFRONT OPPORTUNITY, EXCELLENT REVENUES! Fully TURN KEY! Moira Lake Cottages is a Long-Standing Landmark Location with FIVE-STAR Reviews! All 4 Cottages are Recently Renovated to High Standards and are Very Welcoming to Discerning Guests Year-Round. 9 Bedrooms in Total (2x 3-Bedroom, 1x 2-Bedroom, 1x 1 Bedroom - Sleeps 20). Fully Updated Kitchens include Stainless Steel A ppliances with Dishwashers & Microwaves, Quartz Countertops. Heated/Cooled by Hi-Efficiency Heat Pumps. Centrally Located on 513 Feet of South Shoreline on Moira Lake for Great Fishing, Hunting and Wine & Brewery Tours, PLUS Hiking or Hop On the Sled or ATV and explore the 33 kilometres of the Trail of Two Lakes. Owner Financing Available. (id:66096)
Property Details
- MLS®
- X13654156
- Property Type
- Business
- Business Type
- Accommodation
- Zoning
- LSR, EP-1
- Bathrooms
- 4
- Parking
- 15
- Interior Size
- 2,800 ft²
- Lot Size
- 1.15 acres
- Frontage
- 564 ft
- Heating
- Baseboard heaters
- Cooling
- Fully air conditioned
- Property Tax
- $6,992.28/yr
- Listed
- 88 days ago
Features
- Appliances
- Barbeque, Dishwasher, Furniture
- Lot Features
- Conservation/green belt
Services
- Water
- Drilled Well
- Sewer
- Septic System
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 88 days on market, against an average age of 88 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 73 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 92.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This business in Madoc has been listed for 88 days, right at the city average. A solid opportunity worth looking into.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (K0K)
This home lists at $1,490,000, about 18.0× the local median household income of $83,000.
Carrying it typically needs a household income of about $291,049 (20% down, 25-yr amortization, stress-tested) — roughly 251% above the area median.
- Median household income
- $83,000
- Population
- 115,850
- Median age
- 50.8
- Owner / renter
- 86% / 14%
- Avg. household size
- 2.4
Source: Statistics Canada, 2021 Census (FSA K0K)
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$1,490,000
Madoc