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7191 Highway 17 E

7191 Highway 17 E

Hagar, Ontario

  • Hospitality
$999,999

Charm’s Oasis Motel, a well-established property located directly on Highway 17, part of the Trans-Canada route, offering exceptional exposure and highway frontage. The motel features 12 guest units, including 5 with full kitchens, and a spacious 3-bedroom owner’s residence perfect for comfortable on-site living. Additional income sources include solar power and a cell tower lease, enhancing the profitability of this thriving business. The property offers beautiful frontage on the Veuve River and sits on 13.11 acres of commercially zoned land, providing significant opportunity for expansion or additional development. With its combination of steady income, excellent location, and untapped potential, Charm’s Oasis Motel is a standout investment for anyone seeking to grow in the hospitality industry.

Price History

Community

Postal area P0M

Population
49,727
Private dwellings
24,862
Median age
46.8
Average household size
2.3
Median household income
$86,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Hospitality in Hagar · last 12 months

Median sold price
$0
Homes sold
0
Median days on market
0
Sale-to-list price
0.0%

Based on 0 recorded sales of hospitality properties in Hagar over the last 12 months.

Walk Score

17

Walk

24

Bike

Scores by Walk Score®

Location

Street View

Mortgage Calculator

$200,000

Estimated Monthly Payment

$4,913

Land transfer tax

Estimated land transfer tax$16,475

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $4,913/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $250/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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Reita said:

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