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CAD849,900
9628 Hwy 509
9628 Hwy 509
14 beds 12 baths Partial

About this home

Thriving Business Opportunity in the Heart of Cottage Country next to Palmerston Lake. Nestled in the scenic and sought-after tourist destination of Palmerston Lake, this newly renovated 11-room motel offers incredible potential for investors, small business or Multi-generational living. Situated on 2 acres with stunning views overlooking the lake, the property includes a welcoming reception/office area and an upper-level 3-bedroom, 1-bath apartment, perfect for an owner-operator or to generate additional income as a rental or Airbnb. With year-round tourist traffic, the business benefits from summer vacationers drawn to the area with many pristine lakes and winter visitors including snowmobilers and outdoor enthusiasts. High-speed internet and reliable cell service are available. Located just 3 hours from Toronto, this is a unique opportunity to live, work, and thrive in one of Ontario's most beautiful recreational areas. Zoning allows for many different uses!

Property facts

Property type
Partial
Bedrooms
14
Bathrooms
12
Days on market
103 days

Location

Map unavailable
Approximate location · exact address shared on inquiry

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