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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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35 Spruce Avenue Machin
For SaleMachin

35 Spruce Avenue Machin, Sale Of Business for Sale

MLS® X13264058

Machin, ON

846 days on market
$395,000
Show on Map
Show on Map
N/ABeds
3Baths
N/ASqft
N/AParking
Sale Of Business

Overview· 35 Spruce Avenue Machin

MLS® #X13264058

Here's your chance to become a part of history! The Bayview Hotel in Vermilion Bay, Ontario, holds a significant place in the local history of the community. Established in the early 1900s, the hotel originally served as a stopping point for travellers and loggers exploring the vast wilderness of Northwestern Ontario. Over the years, the Bayview Hotel evolved into a hub of social activity, hosting events, gatherings, and providing accommodation for visitors to the area. With its picturesque location overlooking Eagle Lake, the hotel became a popular destination for tourists seeking relaxation and natural beauty. You can now enjoy owning and operating this fully licensed lounge with a bar and dance floor. In the main building there is a one bedroom apartment on the main floor and 3 one bedroom apartments and a bachelor apartment on the second floor. The 5 Unit Motel next to the main building has been renovated into 4 one bedroom apartments for extra added income.Laminate flooring in the bar replaced in 2018. High efficiency furnace upgrades also completed in 2018. Other upgrades include a new Hot Water tank in 2024, shingles in 2012 and an upgraded fire alarm system. Must be seen to be appreciated. Call to day and make your appointment to view!

Inclusions

See Schedule "B"

Broker

RE/MAX NORTHWEST REALTY LTD.

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Schools131 school within 1.5 km1 school within 1.5 km
Parks201 park within 1 km1 park within 1 km
Convenience253 groceries, cafes and pharmacies within 1 km3 groceries, cafes and pharmacies within 1 km
Safety—Crime data covers Toronto onlyCrime data covers Toronto only

Highlights & Amenities· 35 Spruce Avenue Machin

Source: MLS® listing data
35 Spruce Avenue Machin

Sale Of Business

35 Spruce Avenue Machin

Machin

Type

Sale Of Business

Basement

Yes, Full

Parking

None

Property Tax

~$3,143/yr

Heating

Forced Air

Buying Essentials

Facing Direction

South

Parking

None

Finances

List Price

$395,000

Property Tax

~$3,143/yr

Property Specs

Property Type

Sale Of Business

Basement

Yes, Full

Living & Amenities

Heating Type

Forced Air

Features

Other

Policies & Utilities

Neighbourhood

Machin

Listed On

Jul 15, 2024

Price & Listing History

Days on Market

Current: 846 days

0306090120+

Rooms

Room information is not available for this listing.

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$1,589/mo
Property Tax$262/mo
Total Monthly$1,851

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0