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$1,650,000
Available - For Sale
Listing ID: X12003038
Own an Established LONG TIME SUCCESSFUL BUSINESS OPERATION (over 35 Years in Business) w/ STUNNING 4000+SF LOG CABIN BUILDING (Main Restaurant) + 6 CABIN LODGES ON scenic 5.3 ACRE WATERFRONT OASIS BACKING ONTO TO BOYNE RIVER & OASTLER LAKE. PROFITABLE 4 SEASON FINE DINING RESTAURANT & LODGING/MOTEL BUSINESS ALL IN PRIME AREA MINS TO Rapidly Growing DOWTOWN PARRY SOUND. The Large Venue Holds Over 140 Guests and hosts numerous weddings, corporate events seasonal parties & more. Great business w/ deep roots in the community and know as a leader in the area for Fine Dining. Includes 6 LODGING/MOTEL CABINS, Each w/ 1 Bedroom Suites w/ Single or Double Bed Options, 4 Pc Baths w/ Jacuzzis, New FPs, All Converted to Natural Gas Service Heating & New HWT Delivering Cozy Setting Nestled on Tranquil & Private Waterfront Property + Ample Parking for both The Cabins & Restaurant. Value in the Real Estate Alone makes it a great investment! Located on large waterfront property in a high growth area currently commercially zoned could entertain possibility of various uses or add on to existing structures. The Main Log Cabin Feats Hand-Crafted Exterior Build, Walk into Spectacular Open Space w/ Soaring Vaulted Ceilings & Beam Designs, Large Stone Fireplace, Huge Glass Windows Providing Scenery of the Lush Rear Gardens, Waterfront, Towering Trees & Beautiful Nature Setting. State of the Art Kitchen, Custom Made Wine Room, Heated Radiant Floors, Large Bar Area & Dining Rooms All Delivering a Spectacular Ambiance. Financially Successful Operation w/ Long List of Valued Equipment, Software, Inventory & Chattels + Recent Upgrades all Included for the New Owners to easily take on operations. Truly a Great Turnkey Opportunity in Prime Location. Mins to Downtown, Major Highway, OFSC Snowmobile Trail System at The Property Line, Various Trails, Georgian Bay Waterfront, Oastler Lake, Oastler Provincial Park & More. Owner Willing to Train/Help to Ensure Ongoing Success of Business & Property
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $82,500 $165,000 $247,500 $330,000
First Mortgage $1,567,500 $1,485,000 $1,402,500 $1,320,000
CMHC/GE $43,106.25 $29,700 $24,543.75 $0
Total Financing $1,610,606.25 $1,514,700 $1,427,043.75 $1,320,000
Monthly P&I $6,898.1 $6,487.34 $6,111.92 $5,653.46
Expenses $0 $0 $0 $0
Total Payment $6,898.1 $6,487.34 $6,111.92 $5,653.46
Income Required $258,678.81 $243,275.35 $229,196.92 $212,004.66

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.
SAM MCDADI REAL ESTATE INC.

9 Little Beaver Boul , Seguin, P2A 0B2, Parry Sound


 
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At a Glance:
Type: Com - Sale Of Business
Area: Parry Sound
Municipality: Seguin
Neighbourhood: Seguin
Style:
Lot Size: 535.83 x 526.03(Feet)
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Tax: $7,462.66
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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