NewFor Sale

7044 534 Highway
Parry Sound Remote Area, Parry Sound, ON, P0H 1W0

Investment
TRREB
MLS® Number: X12539880
$1,095,000List Price
InvestmentProperty Type
6,790 sq ftSize
$3,287.69 / 2025Taxes (Annual)
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Property Location

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Listing History

Buy/sell history for 7044 534 Highway, Parry Sound Remote Area, ON P0H 1W0

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Description

Turnkey Restaurant & Lodge Investment Opportunity. Exceptional opportunity featuring a licensed restaurant, bar, and lodge on 2.34 acres, offering steady commercial income and flexible accommodation revenue. Ideally located steps from Restoule Lake, snowmobile and walking trails, year-round recreation, and a public boat launch just 500 ft away. Close to shopping, amenities, and only 7 km from Restoule Provincial Park.The restaurant and bar are leased to a Master Chef through June 30, 2027, providing $2,500/month in rental income. Enjoy immediate cash flow while maintaining full control of four fully furnished lodge suites-perfect for short- or long-term rentals. Each suite includes a 4-pc bath and queen bed; three feature full kitchens and living areas, and one has a fridge and microwave. Guests have access to a shared commercial laundry with one washer and two dryers.The basement includes a full kitchen and two bathrooms, ideal for staff, storage, or future expansion. Since 2022, the owner has invested approximately $210,000 in renovations, keeping the property in excellent condition and a 15KW Generac Generator is included. Sale includes two adjoining parcels (sold together): PIN 522250078 - approx. 1.558 acres PIN 522250075 - approx. 0.778 acres

Features

No features available

Amenities

No amenities available

Summary

Tax (Annual):$3,287.69 / 2025
Listing #:X12539880
Property Type:Investment
Size:6,790 sq ft
Land Size:262.5 x 324.09
Days on CPRB:
Garage:Other
Locker:None
On CPRB Since:
Listing Brokerage:HOMELIFE OPTIMUM REALTY

Rooms

Details

Property

Property Type:Investment
Community:Restoule
Municipality:Parry Sound

Building

Size:6,790 sq ft

Inside

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

Parking

Garage Type:Other
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Yes
Heating Type:Baseboard

Land

Cross Street:HWY 534 AND Beaudry's Hill Rd

$1,095,000

List price

7044 534 Highway, Parry Sound Remote Area – Investment for sale