Minto N0G 2P0
Canada

Property

Ownership: For Sale
Type: Unknown

Financials

Price:C5,990,000
($4,214,100)
(€3,701,400)
Annual Taxes:C23,078
Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario

King Hotel offers a hospitality investment set on approximately 3.

    Description

    King Hotel offers a hospitality investment set on approximately 3.50 acres in the growing town of Minto. This established hotel offers 33 spacious, guest rooms across eight distinct room styles, including luxury suites, kitchenette accommodations, and family-oriented layouts, complemented by an 80-person event room, a fully equipped gym, guest laundry facilities, and a welcoming lobby. One two-bedroom manager apartment and two newly build two-bedroom apartments provide additional income streams and operational flexibility. 20-new room expansion preliminary approvals in place providing possibility of future expansion. ALL municipal services connected, King Hotel delivers immediate cash flow with value-add potential for future growth, positioning it as a scalable hospitality platform in a supply-constrained regional market.

    Amenities

    • Available

    All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

    All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.