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  • CAD$1,050,000
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  • Development
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  • Howes Corners
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Former 30-room hotel/Apartment Bldg and restaurant ready for re-building for an estimated 700k-900k to
make a `gold mine` in addition to the sale price. Cash price drop of $ 1,050,000 for the building.

This existing 3-story building, approximately 10,000 ft²f above grade with a basement, unoccupied old
hotel empty building planned to be renovated into a high-end retirement residence or a suite boutique
style Parisian hotel. Land Size 90.03 Ft. x 160 Ft. . There is a space of 4,000 square feet for a restaurant
on the main floor, bar/lounge on the 1st floor and a basement perfect for a banquet hall and outdoor
patio. Also, by adding additional floors with lake view it could become a “gold mine” for investors perfect
for the development of apartments or condominiums. My original architectural design can be changed by
adding an additional top-floor terrace making it a spectacular revenue generator.

The town is bilingual, speaking both English and French, just 90 minutes from Toronto by HWY 400.

Huge boating traffic, several marinas and yacht clubs, a private Airport, famous historical sites and a
famous theatre, a world-renowned medical facility with many international visiting doctors, Shrine (
Visited by the Pope) with more than 150,000 pilgrims and tourists visit each year.

The town has a huge demand for retirement or luxury apartments; many high-net-worth individuals
moved to this area in last 3 years; many would love to sell their million-plus cottages and move into
retirement facilities. There is a need for all 3: accommodations; gourmet high-end restaurants or
retirement living.

The view of the lake from this property has truly exceptional appeal.

This property comes with:
architectural plans and PlanIT drawings ( AutoCAD available); the possibility of building a rooftop or
additional floors added for up to a height is 13.5; extending the building and having valet parking outside
the property; existing Interior demolition/reno permit, New temp Electric panel, Surveillance cameras
installed outside the building and computer surveillance system. Upgraded WATER INSTALLATION
INCREASED WATER SERVICE FROM 25MM TO 38MM
Former 30-room hotel/Apartment Bldg and restaurant ready for re-building for an estimated 700k-900k to
make a `gold mine` in addition to the sale price. Cash price drop of $ 1,050,000 for the building.

This existing 3-story building, approximately 10,000 ft²f above grade with a basement, unoccupied old
hotel empty building planned to ...
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