The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
SALE OF BUSINESS WITH PROPERTY !! Rare find 13 Rooms Motel with 3 BDRM Residence, one 2 rooms cabin, 10 RV site and 6 camping site and lots of potential to expand. Situated on the Lake shore road with 5 minutes drive to two beautiful towns in each direction Haileybury and New Liskeard. Access to the local transit right at the door step connecting both towns. Property is right on the Lake Timiskaming with own boat ramp and a wooden deck to enjoy a cup of coffee in the morning to enjoy a breath taking Sunrise and the beautiful Lake views. Temiskaming Hospital, access to Hwy. 11 is only a 5 minutes drive. Business is busy year round. Clients enjoy an Ice fishing on the lake, keeps Motel busy during winter as well. Cobalt Refinery plant under construction in the town of Cobalt, which will be the only kind of a plant in all of the North America, which will deliver Cobalt for the EV batteries. offering for a very reasonable price, definite future growth.
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What’s NearbyDistances approximate
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Transit score information is not available for this listing.
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Always confirm school catchments with the local school board.
Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$5,209/mo
Mortgage (principal + interest)$4,672
Property taxFrom listing: $6,435/yr$536
Minimum $99,900 down for this price; the slider moves in whole percent, starting at 8%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$249,800
Ontario land transfer taxProvincial brackets, no first-time refund$21,455
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$274,055
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Temiskaming Shores has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
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