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Home ON Hastings Madoc
104888A HIGHWAY 7
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$1,400,000
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104888A HIGHWAY 7
Madoc, Ontario K0K2K0

MLS® Number: 40054417

Description

You've Probably Driven by This One! Landmark Motel on Highway 7, Midway between Toronto and Ottawa. Excellent Cash Flow and Low Vacancy Rate. Many Recent Upgrades to Rooms and Mechanicals for Low Operating Costs. New Security Camera System (January 2021). Plan Approved for Additional Unit. All Units have Kitchenettes. Private Quarters for Owner/Operator. Close to Town for Shopping and Conveniences. Average Daily Traffic Count 3,900 (4,600 Summer/3,300 Winter - 2016) (62751214)

Location Description

Highway 7 between Marmora and Madoc

Property Summary

Property Type
Other
Storeys
1
Title
Freehold
Land Size
1.92 ac|1/2 - 1.99 acres
Built in
1955

Building

Interior Features
Flooring
Ceramic, Laminate, Linoleum
Basement Type
None
Building Features
Features
Visual exposure, Paved driveway, Country residential
Style
Detached
Heating & Cooling
Cooling
Wall unit
Heating Type
Forced air, (Natural gas)
Utilities
Utility Type
DSL* (Available), Electricity (Available), Natural Gas (Available)
Utility Communications
High Speed Internet
Water
Drilled Well
Exterior Features
Exterior Finish
Aluminum siding
Exterior Building Size
4505
Business
Business Name
Colonial Inn
Sign Type
Pylon
Neighbourhood Features
Community Features
High Traffic Area

Land

Lot Features
Frontage
380 ft
Land Depth
220 ft
Other Property Information
Access
Highway access, Highway Nearby
Zoning Description
C1
Data provided by: Peterborough & Kawarthas Association REALTORS® 273 Charlotte Street , PO Box 1330, Peterbrough, Ontario K9J 7H5
705-743-9111
705-743-1034
800-567-4546
REALTOR® Website
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TOM HYLAND