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49 photos
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In-PersonVirtual Tour
$7,000,000
Est. payment /mo
1 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 1 sqft
Price per Sqft $7,000,000
Subdivision Wellington Ward
MLS Listing ID X12239507
Annual Tax Amount $13,500
Tax Year 2024
Property Sub-Type Sale Of Business
Lot Depth 527.0
Lot Front 116.0
Property Description
The Lakeside Motel is a beautifully renovated and truly one-of-a-kind boutique hotel located on the shores of Lake Ontario in Prince Edward County. Licensed for up to 437 guests, this turn-key destination features 13 thoughtfully designed accommodations, including 11 fully renovated guest rooms and 2 private cottages, along with 5 newly constructed solid cabanas. Ample parking support peak-season demand, making it ready for immediate continued success. The property is home to PEC's largest waterfront patio and bar, offering seating for up to 160 guests with breath taking views of the lake. A 70-foot outdoor pool with its own bar, as well as hot tub, sauna, and fire pits create an elevated guest experience, complemented by a fully equipped outdoor kitchen, service bar, prep kitchen, and dish area. In inclement weather, the enclosed seasonal pool bar and cabana dining area provide functional alternatives. Additional on-site amenities include a food truck, liquor store, gift shop, and rentals for bicycles, kayaks, and canoes. The shoreline has been restored with added water access and dock. Recent upgrades include a new generator, an outdoor sound system, and Porsche EV chargers. Only two hours from Toronto and four hours from Montreal, this is one of PEC's most unique hospitality properties, a place that feels like waking up on the Mediterranean. Financials available upon request. The adjacent property may be leased for staff accommodations. Invest in one of Ontario's fastest growing tourist summer destinations. See virtual tour for video!
Location
Province ON
County Prince Edward County
Community Wellington Ward
Area Prince Edward County
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 116.0
Lot Depth 527.0
Others
Security Features No
Virtual Tour https://www.youtube.com/watch?v=pD05vYmmCCU
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Listed by THE AGENCY