NewFor Sale

22823 Highway 7 Highway
Tay Valley, Lanark, ON, K0H 2B0

Investment
TRREB
MLS® Number: X12167570
$499,000List Price
InvestmentProperty Type
2.276 acresSize
$2,422 / 2024Taxes (Annual)
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Listing History

Buy/sell history for 22823 Highway 7 Highway, Tay Valley, ON K0H 2B0

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Description

Incredible Investment Opportunity Across from Stunning Silver Lake with elevated views! Welcome to a rare and unique motel property located on Highway 7 just west of Maberly, directly across from the shimmering waters of Silver Lake, currently charging from $700-$1200 per unit a month, which brings in more than $14,000.00 a month in revenue offering immediate and steady income. The main building hosts a common area with washer/dryer and a full bathroom with shower, 7 units all with own bathrooms, living area and some with kitchenettes. There are 3 self contained cabins all with own bathrooms, kitchenettes, living area and views, while the back 4 cabins have a shared bathroom steps away. Situated in a high-visibility location with easy highway access, the property is steps away from Silver Lake Provincial Park, offering swimming, boating, hiking, and more. A public boat launch is just across the road, perfect for tenants and visitors to enjoy. This is an outdoor enthusiasts paradise and just a quick 10-minute drive to the vibrant village of Sharbot Lake for shopping, dining, and community events. With a solid rental history, beautiful surroundings, and potential for further development or business ventures, this property invites endless possibilities. A scenic, income-producing gem with endless potential

Features

No features available

Amenities

No amenities available

Summary

Tax (Annual):$2,422 / 2024
Listing #:X12167570
Property Type:Investment
Size:2.276 acres
Land Size:351 x 246
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:CENTURY 21 SYNERGY REALTY INC

Rooms

Details

Property

Property Type:Investment
Community:905 - Bathurst/Burgess & Sherbrooke (South Sherbrooke) Twp
Municipality:Lanark

Building

Size:2.276 acres

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:None
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:No
Heating Type:Baseboard

Land

Cross Street:Highway 7 across from Silver Lake

$499,000

List price

22823 Highway 7 Highway, Tay Valley – Investment for sale · MLS® # X12167570