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Renanza Realty
For sale

349 WELLINGTON MAIN Street

Wellington, Ontario

MLS® 40841928

$6,700,000

Status
Active
Property type
Hospitality
MLS® number
40841928
Bedrooms
Bathrooms
Year built
1957

Listing description

Invest in one of Ontario's fastest growing tourist summer destinations. The Lakeside Motel is a beautifully renovated and 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.

Ample parking supports 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 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, Porsche EV chargers, along with 5 newly constructed cabanas and pool bar. Only two hours from Toronto and four hours from Montreal, this is one of PEC’s most unique hospitality properties. Financials available upon request.

See virtual tour for video.

Property summary

MLS® number
40841928
Property type
Hospitality
Building type
Recreational
Square footage
6,000 sq ft
Land size
1.45 acres
Built in
1957
Annual property taxes
$13,324.00
Days on market
71 days

Features & details

Basement
None
Community features
High Traffic Area

What would this home cost you?

Based on the $6,700,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$31,174 /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 THE AGENCY, Cambridge.

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.