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Renanza Realty
For sale

12335 & 12337 HWY 41

Addington Highlands (Addington Highlands), Ontario

MLS® X13117534

$699,900

Status
Active
Property type
Business
MLS® number
X13117534
Bedrooms
Bathrooms
Year built

Listing description

Welcome to the Pine Grove Motel, a fantastic turn-key investment opportunity right in the heart of Northbrook. Sitting on just over an acre, this well-established property offers incredible potential for investors, entrepreneurs, or anyone dreaming of stepping into the hospitality business. The motel currently features 6 rental units, with an additional storage building, with laundry full laundry facility on one side, offering the exciting possibility to be converted into a 7th unit for added income potential.

Laundry facility includes washer and dryer for motel linens and towels. Also included is a small on-site store, creating even more opportunity to expand services and revenue streams. The owner's residence is conveniently onsite and thoughtfully laid out, featuring a spacious kitchen, dining room, comfortable living room, 2 bedrooms, a 4 pc bathroom, and direct access to the motel office, making day-to-day operations both practical and efficient.

With excellent visibility, a prime in-town location, and endless possibilities for future growth, this unique property is ready for its next chapter. Whether you are looking to expand your investment portfolio or start a new business venture, the Pine Grove Motel offers the perfect combination of lifestyle and opportunity. Showings by appointment only.

Please do not drop by and speak with the sellers as this is their busiest season.

Property summary

MLS® number
X13117534
Property type
Business
Land size
1.079 acres
Annual property taxes
$3,087.98
Days on market
106 days

Features & details

Heating
Baseboard heaters
Cooling
None

What would this home cost you?

Based on the $699,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$3,257 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of MCCAFFREY REALTY INC., BROKERAGE, NAPANEE.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.