29 Bursthall Street, Marmora and Lake (Marmora Ward) - Business for Sale
29 Bursthall Street, Marmora and Lake (Marmora Ward), Ontario, K0K2M0
This business in Marmora and Lake is for sale offering roughly 8,488 sq ft of space. It has been on the market 84 days, fresher than the Marmora and Lake average of 115 days.
Description
Victorian Elegance Meets Modern Comfort in MarmoraStep Into a World of Timeless Charm With This Victorian-Style Inn / Bed & Breakfast in the Heart of Marmora, Complete With a Full-Service Restaurant, Outdoor Licensed Patio, and Year-Round Indoor Pool. Perfectly Situated in a Welcoming Small-Town Setting on Over Half an Acre, This Property Offers Guests the Warmth of a Bygone Era With All the Comforts of Today.From the Moment Visitors Arrive, They're Greeted by the Covered Porch Entrance, Ornate Gingerbread Trim, and the Inviting Character That Makes This Property Truly Unforgettable. Inside, Rich Wood Details and Cozy Common Areas Create an Atmosphere of Comfort and Connection. Each Guest Room Is Uniquely Decorated, With Many Offering Private or En-Suite Baths, Blending Historic Charm With Modern Convenience.Opportunity to Establish Your Own Mark on This Landmark Inn. The Inn is Fully Licenced. The Full Coomercial Kitchen and Elegant Dining Room await Your Chef's Magic. The Outdoor Licensed Patio Offers a Relaxed Space for Dining Al Fresco During the Warmer Months. The Year-Round Indoor Heated Pool not only Adds a Touch of Luxury, Appealing to Travelers in Every Season, It's the ONLY Indoor Pool Open the the Public within 30 kilometers, Making it a Unique Revenue Generator! A Large Double Garage Provides Ample Storage and Utility for the Business. With a Commercial-Grade Kitchen, Versatile Dining Areas, and an Event-Friendly Layout, the Property Is Well-Suited for Weddings, Retreats, and Special Gatherings.Located Midway Between Ottawa and Toronto, Where Guests Can Enjoy the Charm of a Historic Home, the Beauty of the Surrounding Countryside, and Easy Access to Local Attractions. (id:66096)
Property Details
- MLS®
- X13664292
- Property Type
- Business
- Business Type
- Accommodation
- Zoning
- MR-3
- Bathrooms
- 8
- Interior Size
- 8,488 ft²
- Lot Size
- 22,216 sq ft (0.51 ac)
- Frontage
- 171 ft
- Heating
- Hot water radiator heat, Natural gas, Radiator
- Cooling
- Fully air conditioned
- Property Tax
- $9,038.89/yr
- Listed
- 84 days ago
Features
- Appliances
- Washer, Dryer, Alarm System, Water Heater
Services
- Water
- Municipal water
- Sewer
- Sanitary sewer
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 84 days on market, against an average age of 115 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 62 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 94.2 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This business in Marmora and Lake (Marmora Ward) has been listed for 84 days, which is 31 days fresher than the city average of 115. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (K0K)
This home lists at $1,550,000, about 18.7× the local median household income of $83,000.
Carrying it typically needs a household income of about $302,769 (20% down, 25-yr amortization, stress-tested) — roughly 265% 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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$1,550,000
Marmora and Lake