CAONCochrane50 Highway 11 S
50 Highway 11 S, Home with 0 bedrooms, 43 bathrooms and null parking in Cochrane ON | Image 1
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$3,800,000

50 Highway 11 S, Cochrane, ON

Real Estate

For Sale

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0430
  • Key Facts
  • Description
  • Map

Key Facts

Type Business
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $56,876
Days Active 18
Approx. Age 
MLS® Number T12179233

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Well maintained 40 ROOM MOTEL with 2 APARTMENTS for the Owner or Manager to stay. The Property is well situated facing right on Trans-Canada Highway 11 with 500 feet frontage in the growing town of Cochrane which is right in the mid-way of Toronto and Thunder Bay. Year-round profitable business, Snowmobile trail is passing through the property (equally busy in the winter months). Cochrane town is fast developing with many new businesses established in past few years. Current owners have been successfully managing this property since 2019. Great repeat customer base of tourists, workers, contractors, hunters, snowmobilers etc. And Evacuees through the local city office due to flood, fire, storm etc. Happening in the seasons up in northern Ontario. Last 3 years Average ROOM REVENUE is about $850, 000 - Absentee Owner - Great investment opportunity for the New Buyer.Show Description
MLS® NumberT12179233
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatBaseboard
A/CYes
Heating Fuel

Extras

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