22823 Highway 7, Central Frontenac | Image 1

22823 Highway 7

Central Frontenac

  • 8 bed 3 bath 2500 sqft
$1,262,000 est.*: $4,275/mo
For Sale

Added 1 week ago

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  • Type: Detached

  • Style: 2-Storey

  • Size: 2500 sqft

  • Lot Size: 240.54 x 0 Feet

  • Age: No Data

  • Taxes: $1,309 per year

  • Added: May 09, 2024 (1 week ago)

  • Updated:

  • Last Checked: 2 hours ago

  • MLS®#: X8323376

  • Listed By: Keller williams complete realty

Welcome to the epitome of investment opportunity in the heart of Silver Lake's bustling landscape. Nestled just across the highway, this property offers an unrivaled location boasting panoramic views of the shimmering lake, igniting visions of endless possibilities. Formerly operating as a thriving restaurant and motel, it has seamlessly transitioned into the renowned Silver Lake Motel, a fully rented haven with 18 meticulously designed units. From cozy cabins to spacious living quarters, each unit is a testament to comfort and convenience, featuring private bathrooms, kitchenettes, and living areas. The main building houses 7 units, while 3 self-contained cabins and 8 units in the back cabins provide versatile accommodation options. With a consistent monthly gross income of $14,500 and a range of rental rates catering to diverse needs, this property has lots of potential. Encompassing communal amenities such as a pool table, pinball machine, and laundry facilities, it fosters a vibrant community atmosphere. Embrace the allure of Silver Lake living and seize this unparalleled investment opportunity today.

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Property

  • Status: Sale

  • Property Type: Detached

  • Style: 2-Storey

  • Size (sq ft): 2500

  • Area: Central Frontenac

  • Availability Date: Flexible

Inside

  • Bedrooms: 8

  • Bathrooms: 3

  • Kitchens: 2

  • Rooms: 19

  • Den/Family Room: No

  • Air Conditioning: None

  • Fireplace: No

  • Washrooms: 3

Building

  • Basement: None

  • Heat Type: Baseboard

  • Heat Source: Gas

  • Exterior: Alum Siding

  • Exterior: Vinyl Siding

  • Water Supply: Well

  • Special Designation: Unknown

Parking

  • Driveway: Private

  • Garage Type: None

  • Covered Parking Spaces: 7

  • Total Parking Spaces: 7

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT LT 9 CON 9 SOUTH SHERBROOKE AS IN RS158515 ; TWP OF BATH BURG

  • Taxes: $1,309

Land

  • Cross Street: Follow Hwy 7 To 2282

  • Municipality District: Central Frontenac

  • Fronting On: East

  • Parcel Number: 052060090

  • Pool: None

  • Sewer: Septic

  • Lot Frontage: 240.54 Feet

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Car-Dependent

  • Almost all errands require a car.
0 /100

Somewhat Bikeable

  • Almost all errands require a car.
17 /100
Map of 22823 Highway 7, Central Frontenac
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