For Sale

29 Bursthall Street, Marmora and Lake, Ontario K0K 2M0

$2,200,000

29 Bursthall Street, Marmora and Lake, Ontario K0K 2M0 is For Sale and has a listing price of 2,200,000. The property is located in the Marmora and Lake . It's been on the website for 53 Days.

  • Investment
    Property Type
  • 8
    Bathrooms
  • MLS ID: X9360278
  • Office Name EXIT REALTY GROUP
Property Description

This historic and operational 9+1 bedroom Bed & Breakfast, built in 1905, blends Victorian charm with modern amenities, offering vast potential. Featuring a commercial kitchen, LLBO licensing, and dining capacity for up to 70 guests, the inn is primed for hosting events, from weddings to corporate retreats. The property includes an indoor pool and a dedicated on-site staff apartment, enhancing its functionality. Located in the quaint town of Marmora & Lake, the inn stands as a historical focal point, preserving its original elegance. Conveniently situated just off Highway 7 and minutes from local amenities, the property benefits from dual zoning both residential and commercial making it a versatile investment opportunity. Established clientele and a wide array of possibilities make this Bed & Breakfast a top choice for anyone seeking a thriving business with endless potential.

Property Details
  • MLS ID: X9360278
  • Bathrooms: 8
  • Price: $2,200,000
  • Lot Depth: 165
  • Transaction Types: For Sale
  • Ref ID: X9360278
  • Year Built: N/A
  • Dir / Cross St: Highway 7 & Bursthall St
  • Status: Active
  • Tax Year: 2023
  • Approx Age: 100+
  • Property Type: Investment
  • Property Type: Commercial
Price History
List Date MLS ID List Price Status End Date Closed Price
09/20/2024 X9360278 $2,200,000 For Sale - -
09/20/2024 X9359777 $2,200,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Marmora and Lake
  • $633,541 Average List Price
    based on 1 year
  • 0 New Listings
    based on 30 days
  • 202 Median Days on Market
    based on 1 year
  • List vs. Selling Price 107.84 % Up
  • Sold (12mo) 44
  • Rented (12mo) 4

  • 1 Month Change -74.4%
  • 3 Month Change +0.1%
  • 6 Month Change +43.0%
Walkscore
  • 57 Walk Score
    Somewhat Walkable
  • 37 Bike Score
    Somewhat Bikeable
Property Type Distribution
  • All Houses
    73.38%
  • Commercial
    21.78%
  • Land for Sale
    4.84%
Additional Details
  • Heat Type Radiant
  • Washroom Type1: 8
  • Garage Type Double Detached
  • Parking Spaces: 11
  • Taxes: $6,274
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 20/09/2024 16:11:40
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