3343 Egremont Dr $999,000

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    3343 Egremont Dr Strathroy-Caradoc, ON N7G3H6

    • 0 Beds
    • 17 Baths
    • Business Opportunity
    • Listing# X4865055
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    Property Details

    15 Room Motel For Sale With 2 Br, 2Wr Apt For Owner To Stay & Operate. Huge Commercial Lot Of 4.84 Acres Facing On Busy Highway 22 Going To Sarnia/Usa. Motel Is Located Just Off The Hwy 402 And 30 Min Form London, 45 Min To Sarnia. 5 Rooms With Kitchenette, Many Rooms Given On Weekly Basis To Workers, Regular Income And Easy Operation With Very Low Operating Costs And Good Net Income. Ideal Motel For First Time Motel Buyer To Own, Operate And Grow.

    • General Features
      • Area Middlesex
      • Extras There Is A Separate Building Of Closed Restaurant In The Property For Many Years, Potential To Re-Open Or Build Additional Rooms/Residential Or Other Establishment (Based On City's Approval). Strathroy Is A Growing & Vibrant Town.
      • Zoning Commercial - Motel
    • Building Features
      • Air Conditioning Y
      • Basement N
      • Garage Type Outside/Surface
      • Heat Type Baseboard
    • Property Features
      • Lot Bldg Unit Code Lot
      • Lot Depth 0.00
      • Lot Front 492.00
      • Lot Irregularities 4.84
      • Lot Size Code Feet
      • Sewers Septics
      • Water Well

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    Neighborhood

    N7G3H6 (Strathroy-Caradoc) Demographics

    44 Median Age
    204 Population Density (per sq. mile)
    N/A College Educated
    $69,619 Estimated Median Income
    1,945 Estimated Total Home Owners
    6,935 Estimated Total Renters
    78% / 22% Estimated Owner / Renter Divide
    N/A Estimated Average Household Size
    17,460 Total Population
    Community data courtesy of LiveBy, Inc.

    Property History

    Date Event Price Percent Change
    -- Current Price Source New Value: $999,000
    8/11/2020 1:21:00 AM New in Database Source New Value: $999,000

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    **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
    Information is provided in part by the IDX program of the Toronto MLS®. All information provided is deemed reliable but is not guaranteed and should be independently verified.

    Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.