$5,990,000
Available - For Sale
Listing ID: X13413134
112 King Street , Minto, N0G 2P0, Wellington
| King Hotel offers a hospitality investment set on approximately 3.50 acres in the growing town of Minto. This established hotel offers 33 spacious, guest rooms across eight distinct room styles, including luxury suites, kitchenette accommodations, and family-oriented layouts, complemented by an 80-person event room, a fully equipped gym, guest laundry facilities, and a welcoming lobby. One two-bedroom manager apartment and two newly build two-bedroom apartments provide additional income streams and operational flexibility. 20-new room expansion preliminary approvals in place providing possibility of future expansion. ALL municipal services connected, King Hotel delivers immediate cash flow with value-add potential for future growth, positioning it as a scalable hospitality platform in a supply-constrained regional market. |
| Price | $5,990,000 |
| Taxes: | $23078.00 |
| Tax Type: | Annual |
| Assessment Year: | 2025 |
| Occupancy: | Owner |
| Address: | 112 King Street , Minto, N0G 2P0, Wellington |
| Postal Code: | N0G 2P0 |
| Province/State: | Wellington |
| Legal Description: | See in Attachement |
| Directions/Cross Streets: | Main St & King St |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | With Property |
| Use: | Hotel/Motel/Inn |
| Building Percentage: | T |
| Total Area: | 3.50 |
| Total Area Code: | Acres |
| Retail Area Code: | Sq Ft |
| Business/Building Name: | King Hotel |
| Financial Statement: | F |
| Chattels: | T |
| Franchise: | F |
| Hours Open: | 8 to 10 |
| Employees #: | 3 |
| Seats: | 80 |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
| Sewers: | Sanitary+Storm |
| Water: | Comm Well |
| Water Supply Types: | Comm Well |
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| ROYAL LEPAGE GRAND REALTY |
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Shawn Syed, AMP
Broker
Dir:
416-786-7848
Bus:
(416) 494-7653
Fax:
1 866 229 3159
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Wellington |
| Municipality: | Minto |
| Neighbourhood: | Minto |
| Tax: | $23,078 |
| Fireplace: | N |
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