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$1,980,000

1606 MONTREAL ROAD, Cornwall, Ontario, K6H 1G1

MLS® # X10419257

Property Information:

1606 & 1700 Montreal Road. 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. VTB mortgage may be available with a 50% down payment. Don't let this exceptional opportunity pass by! (id:27)

Property Features:

  • Property Type: Business
  • Lot Depth: 115.5 Feet
  • Lot Frontage: 50.1 Feet
  • Zoning: Res 20
  • No. of Parking Spaces: 17

Courtesy of: KELLER WILLIAMS INTEGRITY REALTY

REALTOR.ca  

Location of 1606 MONTREAL ROAD, Cornwall, Ontario, K6H 1G1

Demographic Information of 1606 MONTREAL ROAD, Cornwall, Ontario, K6H 1G1

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$82,985.88

Average Number of Children

1.80

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

26.12 %

High school certificate or equivalent

38.95 %

Apprenticeship trade certificate/diploma

4.23 %

College/non-university certificate

22.25 %

University certificate (below bachelor)

0.1 %

University Degree

8.36 %

Commuter

Travel To Work

By Car

88.19 %

By Public Transit

0.31 %

By Walking

3.41 %

By Bicycle

1.16 %

By Other Methods

6.93 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

18.89 %

Houses

81.11 %

Own Vs. Rent