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$2,998,000
Available - For Sale
Listing ID: S10441125
107 Neywash St , Orillia, L3V 1X6, Ontario
Discover the possibilities with this charming investment motel, ideally situated near the stunning shores of Lake Couchiching, Couchiching Beach Park, and the vibrant downtown Orillia community. Boasting 16 well-maintained rooms, this property offers steady income potential with significant potential opportunities for land and development expansion. The subject property includes a 4 bedroom apartment adjacent to the main property, enhancing its value, features and convenience, offering even more potential and benefits. Nestled in a rapidly growing economy, Orillia is a thriving destination known for its bustling shops, cafes, and year-round attractions. With its prime location, this motel caters to tourists, business travelers, and visitors seeking convenient access to the areas natural beauty and amenities. Whether you're looking to expand, redevelop, or continue operating as is, this investment opportunity offers endless potential in a flourishing community. Don't miss the chance to make your mark in this sought-after location!
Price $2,998,000
Taxes: $18,115.96
Tax Type: Annual
Occupancy by: Owner
Address: 107 Neywash St , Orillia, L3V 1X6, Ontario
Postal Code: L3V 1X6
Province/State: Ontario
Directions/Cross Streets: NEYWASH ST & FRONT ST N.
Zoning: C1
Category: With Property
Use: Hotel/Motel/Inn
Building Percentage: Y
Retail Area: 0
Retail Area Code: Sq Ft
Financial Statement: N
Chattels: N
Franchise: N
Hours Open: 0
Employees #: 0
Seats: 0
LLBO: N
Sprinklers: N
Heat Type: Gas Hot Water
Central Air Conditioning: Y
Sewers: San Avail
Water: Municipal
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
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Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
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