35 Spruce AVE
Vermilion Bay, Ontario
MLS® TB242194
$395,000
- Status
- Active
- Property type
- Business
- MLS® number
- TB242194
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 17Listing description
Here's your chance to become a part of history! The Bayview Hotel in Vermilion Bay, Ontario, holds a significant place in the local history of the community. Established in the early 1900s, the hotel originally served as a stopping point for travellers and loggers exploring the vast wilderness of Northwestern Ontario.
Over the years, the Bayview Hotel evolved into a hub of social activity, hosting events, gatherings, and providing accommodation for visitors to the area. With its picturesque location overlooking Eagle Lake, the hotel became a popular destination for tourists seeking relaxation and natural beauty. You can now enjoy owning and operating this fully licensed lounge with a bar and dance floor.
In the main building there is a one bedroom apartment on the main floor and 3 one bedroom apartments and a bachelor apartment on the second floor. The 5 Unit Motel next to the main building has been renovated into 4 one bedroom apartments for extra added income. Laminate flooring in the bar replaced in 2018.
High efficiency furnace upgrades also completed in 2018. Other upgrades include a new Hot Water tank in 2024, shingles in 2012 and an upgraded fire alarm system. Must be seen to be appreciated.
Call to day and make your appointment to view!
Property summary
- MLS® number
- TB242194
- Property type
- Business
- Land size
- 3.96 acres
- Annual property taxes
- $3,142.55
- Parking
- Other, Gravel
- Days on market
- 772 days
Features & details
- Heating
- Baseboard heaters, Forced air, Electric, Natural gas
- Basement
- Full
- Exterior features
- Stucco
- Lot features
- Office space
What would this home cost you?
Based on the $395,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX NORTHWEST REALTY LTD., Kenora.
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.