349 Wellington Main Street, Prince Edward County (Wellington Ward) - Business for Sale
349 Wellington Main Street, Prince Edward County (Wellington Ward), Ontario, K0K3L0
This business in Prince Edward County is for sale offering roughly 1 sq ft of space.
Description
Invest in one of Ontario's fastest-growing tourist summer destinations. The Lakeside Motel is a beautifully renovated boutique hotel located on the shores of Lake Ontario in Prince Edward County. Licensed for up to 437 guests, this turn-key destination features 13 thoughtfully designed accommodations, including 11 guest rooms and 2 private cottages. Ample parking supports peak-season demand, making it ready for immediate continued success. The property is home to PEC's largest waterfront patio and bar, offering seating for up to 160 guests with breathtaking views of the lake. A 70-foot outdoor pool with its own bar, as well as a hot tub, sauna, and fire pits, creates an elevated guest experience, complemented by a fully equipped outdoor kitchen, service bar, prep kitchen, and dish area. In inclement weather, the enclosed seasonal pool bar and cabana dining area provide functional alternatives. Additional on-site amenities include a food truck, liquor store, gift shop, and rentals for bicycles, kayaks, and canoes. The shoreline has been restored with added water access and a dock. Recent upgrades include a new generator, an outdoor sound system, and Porsche EV chargers, along with 5 newly constructed cabanas and a pool bar. Only two hours from Toronto and four hours from Montreal, this is one of PEC's most unique hospitality properties. The property was recently featured by Destination Ontario as one of the Top 5 Outdoor Pools in Ontario, highlighting a key amenity that attracts guests and drives repeat visitation. The adjacent property, also owned by the sellers, may be leased for staff accommodations. See virtual tour for video. (id:66096)
Property Details
- MLS®
- X13475196
- Property Type
- Business
- Business Type
- Accommodation
- Zoning
- C2 & R1
- Parking
- 52
- Interior Size
- 1 ft²
- Lot Size
- 1.45 acres
- Frontage
- 110 ft
- Heating
- Forced air
- Cooling
- Fully air conditioned
- Property Tax
- $13,324/yr
- Listed
- 137 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 137 days on market, against an average age of 80 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 67 days on the market over the past year, against a median of 48 days across the markets we publish.
This business in Prince Edward County (Wellington Ward) 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 (K0K)
This home lists at $6,700,000, about 80.7× the local median household income of $83,000.
Carrying it typically needs a household income of about $1,308,745 (20% down, 25-yr amortization, stress-tested) — roughly 1477% 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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$6,700,000
Prince Edward County