map icon

22823 Hwy 7

HWY-7, Tay Valley, ON, K0H 2B0

8
Beds
3
Baths
2,802
Sq. Ft.
$1,262,000
List Price
Details
Photos
15
Comparables
History
22823 Hwy 7, Tay Valley, ON - 1 of 3
22823 Hwy 7, Tay Valley, ON - 2 of 3
22823 Hwy 7, Tay Valley, ON - 3 of 3
New
11 days on market

Quick Summary

  • Thriving investment opportunity in Silver Lake
  • Panoramic views of shimmering Silver Lake
  • Fully rented 18-unit Silver Lake Motel
  • Diverse accommodation options from cozy cabins
  • Consistent $14,500 monthly gross income
  • Versatile rental rates for diverse needs
  • Communal amenities like pool table, pinball
  • Vibrant community atmosphere

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... Show More

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:54626)

Property Details

Size

2,802 sq. ft.
22 total rooms across 2 floors
8 Beds
8 Above Grade
3 Baths
2 Full - 1 Partial

Parking

7 Parking Spaces
Gravel,No Garage

Build

Year Built
-
Model Name
-
Basement
-
Exterior
Aluminum siding, Vinyl siding
Foundation
-
Builder Name
-
Stories
2
Flooring
-
Roof
-

Heating & Cooling

Heating
Baseboard heaters, Forced air, Radiant heat
Cooling
-

Utilities

Water
Unknown, Well
Sewer
Septic System
SHOW LESS

Rooms

Bedroom

14′6″ x 13′6″

Dining room

3′8″ x 10′3″

Dining room

3′11″ x 5′8″

Bedroom

8′6″ x 11′9″

Living room

8′2″ x 18′8″

Kitchen

15′9″ x 4′9″

SHOW MORE

Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
H4193400
Last Updated
May 9, 2024
Brokerage
Keller Williams Complete Realty
Powered by: REALTOR.ca
Call us 800-591-0566

Book A Private Showing

For Sale Nearby

22823 HWY-7, Tay Valley, ON
22823 HWY-7
$1,262,000
Tay Valley, ON, K0H 2B0
  • 8
  • 3
604 Zealand Rd, Tay Valley, ON
604 Zealand Rd
$779,000
Tay Valley, ON, K0H 2B0
  • 1
  • 2
23179 HWY-7, Central Frontenac, ON
23179 HWY-7
$1,050,000
Central Frontenac, ON, K0H 2P0
  • 1,683 Sq. Ft.
  • 3
  • 3
23179 HWY-7, Central Frontenac, ON
23179 HWY-7
$1,050,000
Central Frontenac, ON, K0H 2P0
  • 1,683 Sq. Ft.
  • 3
  • 3
357 Clear Lake Lane 11, Tay Valley, ON
357 Clear Lake Lane 11
$699,900
Tay Valley, ON, K0H 2B0
  • 3
  • 2
679 Armstrong Line, Tay Valley, ON
679 Armstrong Line
$549,900
Tay Valley, ON, K0H 2B0
  • 4
  • 3
303 Silverlake & 1 Rural Route Lane, Central Frontenac, ON
303 Silverlake & 1 Rural Route Lane
$920,000
Central Frontenac, ON, K0H 2B0
  • 3
  • 3
22053 HWY-7, Tay Valley, ON
22053 HWY-7
$298,000
Tay Valley, ON, K0H 2B0
  • 2
  • 1

Sold Nearby

22845 HWY-7, Tay Valley, ON
Sold Listing
Get verified. Local real estate boards require email verification.
22845 HWY-7
$XXX,XXX
Tay Valley, ON, K0H 2B0
  • 2
  • 1
22899 HWY-7, Tay Valley, ON
Sold Listing
Get verified. Local real estate boards require email verification.
22899 HWY-7
$XXX,XXX
Tay Valley, ON, K0H 2B0
  • 3
  • 2
129 Silver Lake Lane 12, Tay Valley, ON
Sold Listing
Get verified. Local real estate boards require email verification.
129 Silver Lake Lane 12
$XXX,XXX
Tay Valley, ON, K0H 2B0
  • 2
  • 1
641 Zealand Rd, Tay Valley, ON
Sold Listing
Get verified. Local real estate boards require email verification.
641 Zealand Rd
$XXX,XXX
Tay Valley, ON, K0H 2B0
  • 4
  • 2
618 Wesleyan Camp Lane B Lane, Central Frontenac, ON
Sold Listing
Get verified. Local real estate boards require email verification.
618 Wesleyan Camp Lane B Lane
$XXX,XXX
Central Frontenac, ON, K0H 2B0
  • 4
  • 2
1017 Hoyle Ln W, Central Frontenac, ON
Sold Listing
Get verified. Local real estate boards require email verification.
1017 Hoyle Ln W
$XXX,XXX
Central Frontenac, ON, K0H 2B0
  • 2
  • 1
1093 Hoyle Ln W, Central Frontenac, ON
Sold Listing
Get verified. Local real estate boards require email verification.
1093 Hoyle Ln W
$XXX,XXX
Central Frontenac, ON, K0H 2B0
  • 2
  • 1
22399 HWY-7, Tay Valley, ON
Sold Listing
Get verified. Local real estate boards require email verification.
22399 HWY-7
$XXX,XXX
Tay Valley, ON, K0H 2B0
  • 2
  • 1

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.