35 Main St N

Latchford | | P0J 1N0

$1,175,000

Est. Mtg $3,984 /mo
  • Days on market

  • Status

Listing Broker EXP REALTY
Since listed: 3 views

Home details

MLS #:

T10929364

Property type:
Sale Of Business
Style:
Taxes:
$8,974
Possession:
TBA/Flexible

Description


35 Main St N, , Latchford, Ontario is a Sale Of Business property in Latchford and in the community in the P0J 1N0 postal code


Featuring a motel situated in a location like no other. Located in the heart of fishing, hunting and year round tourism. This prime location fronting on highway 11 comes with multiple business expansion opportunities. Excellent opportunity for a buyer looking to improve or expand an existing business. The motel features 18 rooms with 2 separate apartments(2 bedrooms & 3 Bedrooms) one of which can be an owners suite. Daily room rents range from $100 to $145/night. 2 min walk to Bay Lake which offers a great fishing experience, children's play area & BBQ pits close by. Area offers year round activities like fishing, hunting and snowmobile trail in the area which generates year round business. The Motel is about 1.5 km from Burns Hiking Trail and 10 min drive from Town of Cobalt known for its silver mines featuring various summer attractions. Timiskaming Nordic Ski Club is 10 km away. **EXTRAS** Existing cafe can be converted to a restaurant. Extra Lot behind the motel included in the purchase price and can be used to expand the motel or create additional amenities for the motel..

Extras

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History

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List Date End Date List Price End Price Status MLS #
2021-11 $5,300,000 $5,300,000 X5341256
2021-10 $26 $26 W5214394
2018-08 $26 $26 W4170899
2024-01 $26 $26 X6713888
2023-10 $1,199,000 $1,199,000 X6729832
2024-04 $1,250,000 $1,200,000 X8042038
2024-06 $1,050,000 $1,250,000 X8195550
2024-10 $1 $1 T9371923
2025-02 $1,175,000 $1,175,000 T10929364

Comparables

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sold Date Address List Price sold Price DOM

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Latchford :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 35 Main St N

Based on available 3rd party data

$4867

Approximate costs per month

Mortgage
$3984 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$747 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker EXP REALTY
Data Source: TRREB

Payment calculator

$4732 monthly. In association with: TD Bank
%
  • Principal and Interest
    3984 /mo
  • Property Taxes
    $747 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Emmalay Rattana, Realtor

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