22823 Hwy 7 Maberly

22823 Hwy 7, Maberly, Ontario

$1,262,000

  • 8 Beds
  • 3 Baths
  • 2,802 Square Feet

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. (id:23309)

  • Listing ID: H4193400
  • Property Type: Single Family

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Rooms

LevelTypeDimensions
Bedroom Second level 13' 6'' x 14' 7''
Dining room Ground level 10' 3'' x 3' 8''
Dining room Ground level 5' 8'' x 3' 11''
Bedroom Ground level 11' 9'' x 8' 7''
Living room Ground level 18' 8'' x 8' 2''
Kitchen Ground level 4' 10'' x 15' 9''
Living room Ground level 9' 10'' x 15' 9''
Bedroom Ground level 9' 5'' x 8' 6''
Dining room Ground level 10' 9'' x 5'
Bedroom Ground level 14' 6'' x 10' 5''
Bedroom Ground level 11' 10'' x 14' 10''
Living room Ground level 8' 9'' x 8' 3''
Kitchen Ground level 12' 8'' x 9'
Bedroom Ground level 10' 11'' x 17' 3''
3pc Bathroom Ground level Measurements not available
3pc Bathroom Ground level Measurements not available
Dining room Ground level 9' 6'' x 5' 11''
Bedroom Ground level 14' 8'' x 10' 3''
Dining room Ground level 9' 1'' x 4' 11''
Bedroom Ground level 11' 5'' x 9' 6''
Family room Ground level 22' 3'' x 10' 10''
2pc Bathroom Ground level Measurements not available

Details

  • Architectural Style: 2 Level
  • Equipment: None
  • Features: Crushed stone driveway, Country residential
  • Ownership: Freehold
  • Parking Spaces: 7
  • Rental Equipment: None
  • Transaction: For sale

Building

  • Architectural Style: 2 Level
  • BasementType: None
  • Bedrooms Main Level: 8
  • Construction Style Attachment: Detached
  • Exterior Finish: Aluminum siding, Vinyl siding
  • Fireplace Present: False
  • Bathrooms (Half): 1
  • Bathrooms (Total): 3
  • Heating: Baseboard heaters, Forced air, Radiant heat
  • Heating Fuel: Electric, Natural gas
  • Size Exterior: 2802 sqft
  • Size Interior: 2802 sqft
  • Stories Total: 2
  • Type: House
  • Utility Water: Unknown, Well

Land

  • Sewer: Septic System
  • Size Frontage: 240 ft
  • Size Irregular: 240.54 x 0
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Listing provided by Keller Williams Complete Realty
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property, located at 22823 Hwy 7 in Maberly Ontario, was last modified on May 9th, 2024. Contact Heather Buchanan Curren to schedule a viewing or to find other properties for sale in Maberly.

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