haho.ca
$1,249,000
For sale

1267 Lakeshore Road South, Temiskaming Shores (Haileybury) - Business for Sale

1267 Lakeshore Road South, Temiskaming Shores (Haileybury), Ontario, P0J1K0

Listed 356 days ago
Overview

This business in Temiskaming Shores is for sale.

Description

SALE OF BUSINESS WITH PROPERTY !! Rare find 13 Rooms Motel with 3 BDRM Residence, one 2 rooms cabin, 10 RV site and 6 camping site and lots of potential to expand. Situated on the Lake shore road with 5 minutes drive to two beautiful towns in each direction Haileybury and New Liskeard. Access to the local transit right at the door step connecting both towns. Property is right on the Lake Timiskaming with own boat ramp and a wooden deck to enjoy a cup of coffee in the morning to enjoy a breath taking Sunrise and the beautiful Lake views. Temiskaming Hospital, access to Hwy. 11 is only a 5 minutes drive. Business is busy year round. Clients enjoy an Ice fishing on the lake, keeps Motel busy during winter as well. Cobalt Refinery plant under construction in the town of Cobalt, which will be the only kind of a plant in all of the North America, which will deliver Cobalt for the EV batteries. offering for a very reasonable price, definite future growth. (id:66096)

Property Details

MLS®
T12547492
Property Type
Business
Business Type
Accommodation
Zoning
Commercial
Frontage
742 ft
Heating
Forced air
Cooling
Fully air conditioned
Property Tax
$6,435/yr
Listed
356 days ago

Features

Lot Features
Irregular lot size

Services

Sewer
Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
356d
Temiskaming Shores (Haileybury) listings, avg age
93d
List price
$1.25M

Long Listed: 356 days on market, against an average age of 93 days across the listings currently for sale in this city

Haho

This business in Temiskaming Shores (Haileybury) is available now. Want me to connect you with the agent or keep you posted on any price updates?

Listed by CENTURY 21 PEOPLE'S CHOICE REALTY INC. · VINITA NAIK

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P0J)

This home lists at $1,249,000, about 17.2× the local median household income of $72,500.

Carrying it typically needs a household income of about $243,973 (20% down, 25-yr amortization, stress-tested) — roughly 237% above the area median.

Median household income
$72,500
Population
20,179
Median age
47.6
Owner / renter
78% / 23%
Avg. household size
2.3

Source: Statistics Canada, 2021 Census (FSA P0J)

$1,249,000
For sale

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$1,249,000

Temiskaming Shores

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