1606-1700 Montreal Road Cornwall, Ontario K6H 1G1

5,000 ft2

$1,980,000

Seize this unique opportunity to own a well-established motel business with stunning waterfront views. The Monte Carlo Motel consists of two separate buildings on individually titled lots (Pins). This family-owned, 25-unit motel overlooks the scenic St. Lawrence River and provides a mix of accommodations across two buildings. Ten rooms are kitchenette suites, and there’s also a spacious two-bedroom "owner's suite" with an office. There are 4 basement suites included in the room breakdown. Situated on two lots on either side of Bryden Ave, this motel offers daily, weekly, and monthly rentals, catering to both short-term and long-term guests. The business has been meticulously maintained with updates to ensure comfort and appeal. Financial statements are available upon signing a Confidentiality Agreement, and a VTB mortgage may be available with a 50% down payment. Don’t let this exceptional opportunity pass by! (id:37553)

Business

Business Type Accommodation, Other
Business Sub Type Motel, Other

Property Details

MLS® Number 1419471
Property Type Business
Neigbourhood Water view
Parking Space Total 17

Building

Constructed Date 1948
Size Interior 5,000 Ft2

Land

Acreage No
Size Depth 115 Ft ,6 In
Size Frontage 50 Ft ,1 In
Size Irregular 50.1 Ft X 115.5 Ft (irregular Lot)
Size Total Text 50.1 Ft X 115.5 Ft (irregular Lot)
Zoning Description Res 20

https://www.realtor.ca/real-estate/27629796/1606-1700-montreal-road-cornwall-water-view