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7044 534 Highway, Parry Sound Remote Area, ON P0H 1W0

Parry Sound Remote Area, ON, P0H 1W0 · Restoule

Sq Ft
Investment Type
X12924100 MLS#

About this property

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.

Features & Amenities

  • Garage: Other
  • Cooling: Yes
  • Heat Type: Baseboard

Property Details

Property Type Commercial
Property Sub-Type Investment
Garage Other
Heat Type Baseboard
Cooling Yes
Annual Tax $3,288
Tax Year 2025

Building & Construction

Building Area Total
6790

Heating & Cooling

Heat Type
Baseboard
Cooling
Yes

Parking & Garage

Garage Type
Other

Lot & Land

Lot Size Units
Feet
Lot Depth
324.09
Lot Width
262.50

Financial & Tax

Tax Annual Amount
$3,288
Tax Year
2025
Possession Type
30-59 days
Possession Details
TBD

Utilities & Services

Utilities
Yes

Additional Details

Occupant Type
Tenant
County Or Parish
Parry Sound
Cross Street
HWY 534 AND Beaudry's Hill Rd
Directions
Hwy 11 to Hwy 522 to hwy 534 to 7044 Hwy 534
Showing Requirements
List Salesperson

Location

7044 534 Highway, Parry Sound Remote Area, ON P0H 1W0, Parry Sound Remote Area, ON, P0H 1W0

Listing courtesy of HOMELIFE OPTIMUM REALTY
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