35 MAIN STREET N
TIM - Latchford, Timiskaming, Ontario
About this property
Positioned in a high-visibility, high-traffic corridor along Highway 11, this well-established motel offers a rare investment opportunity in a thriving four-season tourism destination. The property features 18 guest rooms with strong daily rental potential ranging from $100 to $145 per night. In addition, there are two self-contained apartments (one 2-bedroom and one 3-bedroom), ideal for owner occupancy, staff housing, or additional rental income streams.Located just a short 2-minute walk from Bay Lake, guests can enjoy excellent fishing, a family-friendly play area, and convenient BBQ facilities-making this a highly desirable stop for travelers and outdoor enthusiasts alike.Surrounded by year-round attractions, the area draws consistent traffic from fishing, hunting, and snowmobiling enthusiasts. Nearby highlights include Burns Hiking Trail just 1.5 km away, the historic town of Cobalt-famous for its silver mining heritage and summer tourism-only a 10-minute drive, and Timiskaming Nordic Ski Club just 10 km away.This property also presents significant upside potential. The existing café space offers an excellent opportunity for conversion into a restaurant, and the included additional lot behind the motel provides ample room for expansion-whether adding more rooms, recreational amenities, or other revenue-generating features.An ideal opportunity for investors or owner-operators looking to enhance and grow an already well-located hospitality business in a vibrant, tourism-driven region. (id:66327)
Property details
Interior
- Appliances
- Microwave, Furniture
Exterior & parking
- Architectural style
- []
- Lot size
- 132 x 264 FT
- Parking spaces
- 25
Building & HOA
- Heating
- Baseboard heaters
- Cooling
- Fully air conditioned
Financial & legal
- List price
- $879,000
- Annual taxes
- $10,796
- Status
- Active
- MLS® number
- T12921330
Location
- City
- Timiskaming
- Neighbourhood
- TIM - Latchford
- Province
- Ontario
- Postal code
- P0J1N0
- Directions
- Highway 11/Bradley Ave
Mortgage calculator
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Listing data provided under the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed. REALTOR®, MLS® and associated logos are owned by The Canadian Real Estate Association (CREA).
