puvanes1@gmail.com (416) 832-0755 Login

Property Details

Back to Search
7044 Hwy 534 Highway, Parry Sound Remote Area, ON P0H 1W0
Photo 1 Photo 2 Photo 3 Photo 4 Photo 5
7044 Hwy 534 Highway, Parry Sound Remote Area, ON P0H 1W0
Parry Sound Remote Area , P0H 1W0
$1,075,000.00
6790 Square Feet Commercial
Property Details
MLS Number X12924728
Property Type Commercial
City Parry Sound Remote Area
City Region Restoule
Postal Code P0H 1W0
Cross Street HWY 534 AND BEAUDRY'S HILL RD
Street Number 7044
Street Name Hwy 534
Lot Width 262.55 ft
Lot Depth 324.09 ft
Building Area 6790 Square Feet
Annual Tax $3,287.69
Occupant Type Tenant
Description
Turnkey Restaurant & Lodge Investment Opportunity. Exceptional income property featuring a licensed restaurant, bar, and lodge on 2.34 acres in the heart of cottage country. Ideally located steps from Restoule Lake, snowmobile and walking trails, with a public boat launch just 500 ft away and only 7 km from Restoule Provincial Park, plus close proximity to local amenities and shopping. The restaurant and bar are leased to a Master Chef until June 30, 2027, generating $2,500/month in reliable rental income. The lodge offers four fully furnished guest suites, each with a queen bed and 4-pc bath; three suites include full kitchens and living areas, while the fourth features a fridge and microwave. Guests also have access to a shared commercial laundry (1 washer, 2 dryers). The basement includes a full kitchen and two bathrooms, ideal for staff use, storage, or future expansion. Approx. $210,000 invested in renovations since 2022, plus a 15KW Generac generator included. Sale includes two adjoining parcels (sold together): PIN 522250078 (1.558 acres) and PIN 522250075 (0.778 acres). Strong cash flow with excellent year-round recreational exposure and future growth potential.
Selvan Puvaneswaranathan
Selvan Puvaneswaranathan
Broker — REMAX Crossroads
312-305 Milner Ave, Toronto ON

Enquire About This Property

See What Your Home Is Worth

Type your address and the type of home you live in below: