620 Lakeshore RD Active Save Request In-Person Tour Request Virtual Tour
Temiskaming Shores,ON P0J 1K0
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500-5000
MLS Listing ID X9352637
Style 3-Storey
Bedrooms 6
Annual Tax Amount $6,943
Tax Year 2024
Property Description
An excellent business or home, or a combination of both. This century property was built as a grand home and transformed into a three unit, short and medium term, accommodation business earning potential of $150K..excellent investment capitalization. Thriving for two decades, the business and property is now being sold with most contents and the respected Presidents Suites name. The business has been built up under Presidents Suites brand to a point of repeat and referral clients being the cornerstone. There is the flexibility of retaining the current full accommodation business model, or the owner occupying one floor and renting the other two. Alternatively, the entire property could be home for an extended family with no modifications necessary. The latitude of possibilities with the property is very rare in this marketplace. The home has extensive, high quality improvements, an intelligent layout, is bright and tastefully decorated with thoughtfully arranged furnishings. The considerable grounds are attractive and functional with a large parking area and circular drive while the waterfront portion across the road offers access to lake adventures or moments of calm. This exceptional property with numerous possible uses is ready to serve your future ambitions.
Location
Province ON
County Timiskaming
Area Timiskaming
Rooms
Family Room No
Basement Full,Separate Entrance
Kitchen 3
Interior
Interior Features None
Cooling Wall Unit(s)
Fireplace Yes
Heat Source Gas
Exterior
Parking Features Private
Pool None
Roof Type Unknown
Total Parking Spaces 12
Building
Unit Features Lake Access,Lake/Pond,Waterfront
Foundation Unknown