1064 Omagaki Road North, Minden Hills (Minden) - Business for Sale
1064 Omagaki Road North, Minden Hills (Minden), Ontario, K0M2K0
Description
A rare turn-key hospitality asset with proven cash flow and massive expansion potential! Situated on approximately 4 meticulously upgraded acres in the heart of the Haliburton Highlands, The Highlands Motel and Lodge is a thriving, year-round operation offering the perfect balance of serene relaxation and outdoor adventure. This versatile property features a total of 7 modern motel units, 3 distinct outbuildings with additional accommodations, and a welcoming 1 Clubhouse that serves as the social hub for guests. This turnkey income property consistently generates strong revenue driven by a diverse, year-round guest base-from summer lake lovers. boaters to winter snowmobilers and autumn leaf-peepers. With majorcapital expenditures and property upgrades already completed by the current owners, a new buyer can step right into profitability on day one while capitalizing on clear, pre-planned expansion opportunities. Proven Revenue Track Record: Strong, stable annual top-line revenue ($225,000 in 2024). Exceptional Profitability: Efficient operations with low fixed overhead (~$40,000 in 2024) yield high net operating margins. Capital Improvements Done: Significant recent owner investments in maintenance and upgrades (log siding, structural footings, plumbing, electrical, and modernized flooring/tiling). On-Site Features Clubhouse Hub, a cozy fireplace, full guest kitchen, satellite LCD displays, and an outdoor gathering space complete with a BBQ and fire pit. Includes 7 traditional motel units and 3 separate outbuildings with accommodations, allowing for varied guest experiences and price points. Direct Trail Access: Situated right on Trail #8, offering seamless drive-in/drive-out access for snowmobile and ATV enthusiasts. High-Speed Connectivity: Property-wide complimentary wireless internet and satellite TV across all units. Extensive Parking: Generous lot space to easily accommodate large vehicles, boats, and trailer parking. ALL INCOME/EXPENSE INFORMATION AVAILABLE. (id:66096)
Property Details
- MLS®
- X13619320
- Property Type
- Business
- Business Type
- Accommodation
- Zoning
- Commercial C3
- Parking
- 20
- Lot Size
- 3.90 acres
- Frontage
- 267 ft
- Heating
- Radiator
- Cooling
- Fully air conditioned
- Garage
- Other
- Property Tax
- $7,490.73/yr
- Listed
- 99 days ago
Features
- Lot Features
- Irregular lot size
Services
- Water
- Drilled Well
- Sewer
- Septic System
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 99 days on market, against an average age of 86 days across the listings currently for sale in this city
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This business in Minden Hills (Minden) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (K0M)
This home lists at $1,999,000, about 25.0× the local median household income of $80,000.
Carrying it typically needs a household income of about $390,475 (20% down, 25-yr amortization, stress-tested) — roughly 388% above the area median.
- Median household income
- $80,000
- Population
- 53,815
- Median age
- 56.8
- Owner / renter
- 88% / 12%
- Avg. household size
- 2.2
Source: Statistics Canada, 2021 Census (FSA K0M)
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$1,999,000
Minden Hills