© 2026 HomeSix Realty Inc. All rights reserved.
MLS® X12924100
Parry Sound Remote Area, ON
Turnkey Restaurant & Lodge Investment Opportunity. Exceptional income property featuring a licensed restaurant, bar, and lodge on 2.34 acres in the heart of cottage country. Ideally located steps from Restoule Lake, snowmobile and walking trails, with a public boat launch just 500 ft away and only 7 km from Restoule Provincial Park, plus close proximity to local amenities and shopping. The restaurant and bar are leased to a Master Chef until June 30, 2027, generating $2,500/month in reliable rental income. The lodge offers four fully furnished guest suites, each with a queen bed and 4-pc bath; three suites include full kitchens and living areas, while the fourth features a fridge and microwave. Guests also have access to a shared commercial laundry (1 washer, 2 dryers). The basement includes a full kitchen and two bathrooms, ideal for staff use, storage, or future expansion. Approx. $210,000 invested in renovations since 2022, plus a 15KW Generac generator included. Sale includes two adjoining parcels (sold together): PIN 522250078 (1.558 acres) and PIN 522250075 (0.778 acres). Strong cash flow with excellent year-round recreational exposure and future growth potential.
Inclusions
Restaurant: (All outdoor furniture, window coverings,tables and chairs, all fixtures except commercial kitchen hood fan. Hotel: all appliance and furniture in the hotel and laundry room. 15KW Generac generator
Exclusions
Restaurant: Commercial hood fan (purchased by chef and can be negotiated with chef at end of lease), Commercial stove, dishwasher in commercial kitchen, ice-maker, barstools, TV in restaurant, POS system and all office equipment, Cups, utensils, plates.
Broker
HOMELIFE OPTIMUM REALTY
Own a home here? See what it could sell for.
Use this listing address as a starting point for a Home6 seller valuation.
Investment
7044 534 Highway Parry Sound Remote Area
Parry Sound Remote Area
Type
Investment
Parking
Other
Property Tax
~$3,288/yr
Heating
Baseboard
Buying Essentials
Square Feet
6790 sqft
Parking
Other
Finances
List Price
$1,075,000
Price per SQFT
$158/sqft
Property Tax
~$3,288/yr
Property Specs
Property Type
Investment
MLS Size
6790 sqft
Living & Amenities
Heating Type
Baseboard
Policies & Utilities
Neighbourhood
Parry Sound Remote Area
Listed On
Mar 26, 2026
Days on Market
Current: 226 days
Room information is not available for this listing.
Learn about the area and demographics around this address.
Schools closest to 7044 534 Highway Parry Sound Remote Area.
Source: No verified source available.Catchment boundaries and ratings are shown only when available.
Active alternatives ranked by location, property type, price, bedrooms, size, bathrooms, and recency.
Recent sold or leased properties are shown separately from active alternatives.
Close to 7044 534 Highway Parry Sound Remote Area.