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1606-1700 Montreal Road Cornwall, Ontario K6H 1G1

5000 sqft

$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:48414)

Business

BusinessType Accommodation, Other
BusinessSubType Motel, Other

Property Details

MLS® Number 1419471
Property Type Business
Neigbourhood Water view
ParkingSpaceTotal 17

Building

ConstructedDate 1948
SizeInterior 5000 Sqft

Land

Acreage No
SizeDepth 115 Ft ,6 In
SizeFrontage 50 Ft ,1 In
SizeIrregular 50.1 Ft X 115.5 Ft (irregular Lot)
SizeTotalText 50.1 Ft X 115.5 Ft (irregular Lot)
ZoningDescription Res 20

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