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Home ON Greater Cornwall Cornwall East End
1606 MONTREAL ROAD
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1606 MONTREAL ROAD $1,980,000
$1,980,000
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1606 MONTREAL ROAD
Cornwall, Ontario K6H1G1

MLS® Number: X10419257

Listing Description

1700 & 1606 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. 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! (38049053)

Location Description

From Cornwall, go East on Montreal road until Bryden Ave. Motel is on the corner of Montreal Road and Bryden Ave

Property Summary

Property Type
Business
Community Name
717 - Cornwall
Land Size
Unit=50.1 x 115.5 FT ; 1
Annual Property Taxes
$21,391
Total Parking Spaces
17
Time on REALTOR.ca
42 days

Building

Utilities
Water
Municipal water
Business
Business Name
Monte Carlo Motel
Business Type
Accommodation (Motel)
Parking
Total Parking Spaces
17

Land

Lot Features
Frontage
50 ft ,1 in
Land Depth
115 ft ,6 in
Other Property Information
Zoning Description
Res 20
Data provided by: Ottawa Real Estate Board 1826 Woodward Drive, Ottawa, Ontario K2C 0P7
RAHIM RASOOLI