8500 Road 164 Rd $4,485,000

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    8500 Road 164 Rd North Perth, ON N4W3G6

    • 0 Beds
    • 0 Baths
    • Business Opportunity
    • Listing# X5062810
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    Property Details

    Description Tours Print

    Exceptional Opportunity To Own A Profitable Southern Ontario, 39 Room Motel Close To The Kitchener/ Waterloo Area. A Beautiful 3500 Sqft 4-Bedroom, 4-Bathroom Owners' Residence On Site Makes This An Ideal Business For A Family Enterprise. The 6.2-Acre Well-Manicured Property Also Includes A Huge 1700Sq.Ft Workshop, A Tennis Court And Plenty Of Open Space To Grow. High Occupancy And Room Revenue. Full Offering Doc Available From Agent.

    • General Features
      • Approx Age 16-30
      • Area Perth
      • Extras Conference And Board Room+ Fitness Room On Premises. Turn-Key Operation. Full Chattel List And Financials Available. Virtual Home Tour Available In Links. Please Do Not Visit The Property Without An Appointment.
      • Zoning Hwy Commercial C3-11
    • Building Features
      • Air Conditioning Y
      • Basement Y
      • Garage Type Other
      • Heat Type Gas Forced Air Open
    • Property Features
      • Lot Bldg Unit Code Lot
      • Lot Depth 527.00
      • Lot Front 507.00
      • Lot Irregularities 6.2Acres
      • Lot Size Code Feet
      • Parking Spaces 50
      • Water Well

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    Neighborhood

    N4W3G6 (North Perth) Demographics

    40 Median Age
    94 Population Density (per sq. mile)
    N/A College Educated
    $72,184 Estimated Median Income
    1,745 Estimated Total Home Owners
    5,815 Estimated Total Renters
    77% / 23% Estimated Owner / Renter Divide
    N/A Estimated Average Household Size
    11,123 Total Population
    Community data courtesy of LiveBy, Inc.

    Property History

    Date Event Price Percent Change
    -- Current Price Source New Value: $4,485,000 -9.39%
    12/10/2020 9:14:00 PM New in Database Source New Value: $4,950,000

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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.