3972 HIGHWAY 21 Highway
Kincardine, Ontario
2,300 sqft • Hospitality
Excellent investment opportunity in a high-visibility location on Highway 21 near Kincardine. This maintained motel features 10 guest rooms, each equipped with convenient kitchenettes, plus one spacious one-bedroom apartment and one two-bedroom apartment—ideal for owner occupancy or additional rental income. Strategically located just 15 minutes from Bruce Power, this property benefits from strong demand from contractors, travelers, and long-term guests. Only a short drive to the beautiful sandy beaches of Port Elgin and the shoreline of Lake Huron, offering year-round tourism appeal. Convenient access to surrounding communities makes this a turnkey opportunity with excellent income potential and future growth.
Price History
Property
- Lot Size
- 1.25 acres
Community
Postal area N0H
- Population
- 53,674
- Private dwellings
- 34,400
- Median age
- 52.8
- 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 Kincardine · last 12 months
- Median sold price
- $592,000
- Homes sold
- 199
- Median days on market
- 29
- Sale-to-list price
- 96.6%
Based on 199 recorded sales of hospitality properties in Kincardine over the last 12 months.
Location
Mortgage Calculator
$240,000
Estimated Monthly Payment
$5,895
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $5,895/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $300/mo
Estimates only. Consult a financial advisor.
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