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

Parry Sound Remote Area P0H 1W0 Ontario

MLS: X12924100

$1,075,000

Added 2 hours ago | For Sale

Listed by: HOMELIFE OPTIMUM REALTY

About Property

Turnkey Restaurant & Lodge Investment Opportunity. Exceptional income property featuring a licensed restaurant, bar, and lodge on 2.34 acres in the heart of cottage country. Ideally located steps from Restoule Lake, snowmobile and walking trails, with a public boat launch just 500 ft away and only 7 km from Restoule Provincial Park, plus close proximity to local amenities and shopping. The restaurant and bar are leased to a Master Chef until June 30, 2027, generating $2,500/month in reliable rental income. The lodge offers four fully furnished guest suites, each with a queen bed and 4-pc bath; three suites include full kitchens and living areas, while the fourth features a fridge and microwave. Guests also have access to a shared commercial laundry (1 washer, 2 dryers). The basement includes a full kitchen and two bathrooms, ideal for staff use, storage, or future expansion. Approx. $210,000 invested in renovations since 2022, plus a 15KW Generac generator included. Sale includes two adjoining parcels (sold together): PIN 522250078 (1.558 acres) and PIN 522250075 (0.778 acres). Strong cash flow with excellent year-round recreational exposure and future growth potential.

Features

  • House Style:Investment
  • Bathrooms:
  • Land Size: 262.5 X 324.09
  • Water:Well
  • Garage Spaces: /Other
  • Driveway:
  • Heating Fuel:
  • Cross Street:HWY 534 AND Beaudry's Hill Rd
  • Basement: ,
  • Possession Date:TBD
  • Annual Property taxes: $3287.69
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:Baseboard
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12924100

About Agent
Get in Touch

By proceeding, you consent to receive calls and texts at the number you provided.

Powered by AgentEdge Inc

Terms & Conditions Privacy Policy

© Copyright All Rights Reserved.