233 King Street Unit# 1 & 2 Niagara-On-The-Lake, Ontario L0S 1J0

$2,950,000

Maintenance, Insurance, Landscaping, Property Management, Other, See Remarks, Water

$1,252.31 Monthly

You're intrigued, and rightfully so! At first glance, this property is easily recognized as a superb investment opportunity. Yes, currently it's being shown as a fully operational 5-room boutique hotel/STR/B&B! Located in an absolutely prime 'heart of Old Town NOTL' location, between the Irish Harp restaurant & Balzacs cafe, and across from the famous Prince of Wales Hotel. The sort of place you would stay in and say, I wish I could live here! There is flexibility here; from turn-key, profitable investment to a dream live/work scenario or a money-making pied-à-terre in Canada's prettiest town. This package is two residential condominiums that are currently connected by a fire-rated door. Layed out very much like a hotel, with a stylish corridor running down the middle of the two units, and suites/villas off of the main corridor. In total there are 5 suites - 3 rooms with ensuites and small mini bar/coffee stations (typical hotel style suite), and 2 villa suites which offer a true 1 bedroom villa style experience with full kitchens, baths, living, and dining spaces (one offers a large private balcony overlooking Old Town). 5 parking spaces in total are currently included within the condo fees, two of which are fixed with the units. There are two separate entrances, one from the back parking area entrance and one from King Street. Can also very straightforwardly be converted back to two separate residential condominiums (two legal descriptions) or one incredible unit. Rates and expense sheet available to interested parties. Being sold turn-key fully furnished [5 bedroom sets, 2 living/dining room sets, kitchenware and decor]. This is a no-brainer opportunity for a savvy buyer or someone who simply doesn't want the vacation to end. (id:38042)

233 King Street Unit# 1 & 2, Niagara-On-The-Lake Property Overview

233 King Street Unit# 1 & 2, Niagara-On-The-Lake Building Features

233 King Street Unit# 1 & 2, Niagara-On-The-Lake Land Details

233 King Street Unit# 1 & 2, Niagara-On-The-Lake Rooms