$899,900
Available - For Sale
Listing ID: X12400910
11529 Highway 15 High West , Montague, K7A 4S4, Lanark


WOW - Lets talk potential!! Operated as the Windmill Motel & Suites - closed down pre-pandemic. Highway commercial Zoning with TONNES of uses, and lots of land to expand. 10 Motel Rooms, several started & 60+K of Material on Site to complete project. Amazing 7 bed & 3 Bath home. House layout allows for creation of 2 Bed Second Floor In-law suite - with Separate Entrance + the creation of home Office or possibly another Granny Flat with its own entrance off the back of the house. Tonnes of Renos done to the house - Kitchen with Nat Gas Aga Stove, Massive Sunrm, Huge Main Floor family Room... potential for Master Bedroom with Private bath and walk-in Closet. Income pre-pandemic was $11,500 Monthly - huge potential to bring that Income up to $18,000 per month - also note the size of the parking lot and HUGE 22x53 Garage that includes loft....Seller Willing to entertain Financing to get things going... Major potential!!!
Price $899,900
Taxes: $5000.00
Tax Type: Annual
Occupancy: Vacant
Address: 11529 Highway 15 High West , Montague, K7A 4S4, Lanark
Postal Code: K7A 4S4
Province/State: Lanark
Directions/Cross Streets: Ferguson Tatlock Road
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Category: With Property
Use: Hotel/Motel/Inn
Building Percentage: T
Total Area: 0.00
Retail Area Code: Sq Ft
Area Influences: Major Highway  
Approximatly Age: 51-99
Financial Statement: F
Chattels: T
Franchise: F
Hours Open: Closed
Employees #: 0
Seats: 0
Washrooms: 0
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
GREATER OTTAWA REALTY INC.
Personal Picture
RAY NILI
Broker
Dir:
(416) 837 7576
Bus:
(905) 731 2000
Fax:
(905) 886 7557
 
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At a Glance:
Type: Com - Sale Of Business
Area: Lanark
Municipality: Montague
Neighbourhood: 902 - Montague Twp
Style:
Lot Size: x 238.49(Feet)
Approximate Age: 51-99
Tax: $5,000
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
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