ADDRESS
Call: 416-800-1055
PROPERTY TYPE
2-Storey, Detached House
19 Rooms Total, 2 Kitchens
7 Parking Spaces
PROPERTY FEATURES
None Basement
Alum Siding, Vinyl Siding Exterior
Book Showing
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SALES HISTORY
05/20/2024
FOR SALE
$1,262,000
PROPERTY TAXES
Call 416-800-1055
PROPERTY DESCRIPTION
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.
LEGAL DESCRIPTION
Pt Lt 9 Con 9 South Sherbrooke As In Rs158515 ; Twp Of Bath Burg Sherb
Call: 416-800-1055
BATHROOMS
3-piece on main level
2-piece on main level
Book Showing
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