349 Wellington Main
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+36 more
$6,800,000

349 Wellington Main

Prince Edward County (Wellington Ward), Ontario, K0K3L0

Active
2
Sq Ft
2.23
Lot (sqft)
52
Parking

About This Property

This business in Prince Edward County (Wellington Ward) offers 2 sq ft of living space on a 2.23 sq ft lot. The home features forced air, electric heating, fully air conditioned.

MLS Remarks

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 guest rooms and 2 private cottages, along with 5 newly constructed solid cabanas. Ample parking supports peak-season demand, making it ready for immediate continued success. The property is home toPECTMs largest waterfront patio and bar, offering seating for up to 160 guests with breathtaking 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 PECTMs most unique hospitality properties, a place that feels like waking up on the Mediterranean. Financials available upon request. The adjacent property, also owned by the sellers, may be purchased or leased for staff accommodations.Invest in one of Ontario's fastest growing tourist summer destinations. (id:60351)

Overview

Property Typeresidential
Sub-Typebusiness
StatusActive
MLS #X12796106

Interior

HeatingForced air, Electric
CoolingFully air conditioned

Parking

Total Spaces52

Fees & Taxes

Annual Taxes$20,030

Listing Information

MLS#: X12796106


Information is deemed reliable but not guaranteed. Data provided by the Canadian Real Estate Association (CREA) through the Data Distribution Facility (DDF). Listing data is updated regularly but may not reflect the most current information. All information should be independently verified.

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Mortgage Calculator

$
$1,360,000
5%20%50%
Estimated Monthly Payment
$30,237
/month
Mortgage
$5,440,000
Total Interest
$3,631,186

For illustration purposes only. Consult a mortgage professional for accurate rates.

Land Transfer Tax

$
Ontario LTT$156,475
Total Due on Closing$156,475

Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.

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349 Wellington Main Prince Edward County (Wellington Ward) — $6,800,000 — Not A Dream Realty | Not A Dream Realty