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Last Updated : 10 Days ago
22823 Hwy 7, Central Frontenac, Ontario,
MLS Number: X8323376

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22823 Hwy 7, Central Frontenac MLS Number: X8323376

Central Frontenac, Frontenac, ON, K0H 2B0

$XXX,XXX

Status: Terminated

  • 8+ Beds
  • 3 Baths
  • Area : 2500-3000 sqft
  • Property Type: Residential (Detached)
  • Property Taxes : $1309.00 (Tax Year:2023)
  • Listing Courtesy : Keller Williams Complete Realty

22823 Hwy 7 Property Description

Welcome to the epitome of investment opportunity in the heart of Silver Lake's bustling landscape. Nestled just across the highway, this property offers an unrivaled location boasting panoramic views of the shimmering lake, igniting visions of endless possibilities. Formerly operating as a thriving restaurant and motel, it has seamlessly transitioned into the renowned Silver Lake Motel, a fully rented haven with 18 meticulously designed units. From cozy cabins to spacious living quarters, each unit is a testament to comfort and convenience, featuring private bathrooms, kitchenettes, and living areas. The main building houses 7 units, while 3 self-contained cabins and 8 units in the back cabins provide versatile accommodation options. With a consistent monthly gross income of $14,500 and a range of rental rates catering to diverse needs, this property has lots of potential. Encompassing communal amenities such as a pool table, pinball machine, and laundry facilities, it fosters a vibrant community atmosphere. Embrace the allure of Silver Lake living and seize this unparalleled investment opportunity today.

22823 Hwy 7 Property Facts

Property Type :Residential
MLS Number :X8323376
Listing Type :Sale
Possession Date :
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Last Updated :28 Aug, 2024 (10 Days ago)
Source :TRREB
Area :Frontenac
Postal Code : K0H 2B0
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22823 Hwy 7 Property Price & Tax Insights

Price :$850,000
Property Taxes :$1309.00
Tax Year :2023

Property Details for 22823 Hwy 7, Frontenac, Ontario

Bedrooms :8 +
No. of Rooms :19
Air Conditioning :None
Heating :Baseboard
Place of Worship :No
Cross Street :Follow Hwy 7 to 22823 Hwy 7
Bathrooms :3
Fuel :Gas
Approx Square Footage :2500-3000 sqft

Exterior Information

Exterior Finish :Alum Siding, Vinyl Siding
Parking Space :7
Basement :None
Garage :None

22823 Hwy 7, Frontenac - Price History

2024-08

28 Aug, 2024

TREB #X8323376

Terminated

$850000.0

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