$775,000
FOR SALE

Investment

Lot: 118 x 0 ftTotal Area: 4,210 ft2
2024 Taxes: $6,943.14

620 Lakeshore Rd
Temiskaming Shores, ON P0J 1K0 | Timiskaming

An excellent business or home, or a combination of both. This century property was built as a grand home and transformed into a three unit, short and medium term, accommodation businessearning potential of $150K..excellent investment capitalization. Thriving for two decades, the business and property is now being sold with most contents and the respected Presidents Suites name. The business has been built up under Presidents Suites brand to a point of repeat and referral clients being the cornerstone. There is the flexibility of retaining the current full accommodation business model, or the owner occupying one floor and renting the other two. Alternatively, the entire property could be home for an extended family with no modifications necessary. The latitude of possibilities with the property is very rare in this marketplace. The home has extensive, high quality improvements, an intelligent layout, is bright and tastefully decorated with thoughtfully arranged furnishings. The considerable grounds are attractive and functional with a large parking area and circular drive while the waterfront portion across the road offers access to lake adventures or moments of calm. This exceptional property with numerous possible uses is ready to serve your future ambitions. **EXTRAS** Shed, Hot Tub, BBQ Grills, Decks, Dock, Circular 12 Car Parking
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Listed By IPRO REALTY LTD
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X9352639
Last Updated Feb 14, 2025
Property Summary
Property Type Investment

More like this:
Category Accommodation
PIN 613500176
Legal Description PCL 1581 SEC SST; LT 1 PL M54NB BUCKE; LT 2 PL M54
Occupancy Own+Ten
Possession Date Negotiable
Taxes (2024) $6,943.14
Tax Type Annual
Directions/Cross Streets Florence & Lakeshore
Area Timiskaming
Price History

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Detailed Information
Freestanding Y
Lot 118 x 0 ft
Lot Irregularities irregular lot
Total Area 4,210 ft2
Air Conditioning Y
Garage Type None
Heat Type Gas Forced Air Open
Utilities Y
Water Municipal
Lot/Bldg/Unit Code Lot
Zoning C4, OS
Seller Property Info Statement N

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