233 King Street Unit# 1 & 2 Niagara-On-The-Lake, Ontario L0S 1J0

Wall Unit Landscaped


Maintenance, Insurance, Landscaping, Property Management, Other, See Remarks, Water

$1,252.31 Monthly

An unparalleled opportunity is being offered with this fully operational 5-room boutique hotel/STR/B&B! Located in an absolutely prime 'heart of Old Town NOTL' location, between the Irish Harp restaurant & Balzacs cafe, and across from the famous Prince of Wales Hotel. This is an absolutely impressively profitable opportunity that offers flexibility for the new owner - from turn-key profitable investment to a dream live/work scenario or a money-making pied-à-terre in Canada's prettiest town. This package is two residential condominiums that are currently connected by a fire-rated door. Layed out very much like a hotel, with a stylish corridor running down the middle of the two units, and suites/villas off of the main corridor. In total there are 5 suites - 3 rooms with ensuites and small mini bar/coffee stations (typical hotel style suite), and 2 villa suites which offer a true 1 bedroom villa style experience with full kitchens, baths, living, and dining spaces (one offers a large private balcony overlooking Old Town). 5 parking spaces in total are currently included within the condo fees, two of which are fixed with the units. There are two separate entrances, one from the back parking area entrance and one from King Street. Can also very straightforwardly be converted back to two separate residential condominiums (two legal descriptions) Income and expense sheets are available to interested parties. Future bookings are able to be transferred to new owners if they wish, and current owners are very supportive to assist with a seamless transition. Being sold turn-key fully furnished [5 bedrooms sets, 2 living/dining room sets, kitchenware and decor]. This is a no-brainer opportunity for a savvy buyer. (id:38658)

Property Details

MLS® Number 40294069
Property Type Other
Amenities Near By Airport, Beach, Golf Nearby, Marina, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Community Features High Traffic Area
Features Visual Exposure, Park/reserve, Golf Course/parkland, Beach
Parking Space Total 5


Basement Type None
Construction Style Attachment Attached
Cooling Type Wall Unit
Exterior Finish Brick
Stories Total 2
Size Exterior 2624.0000
Utility Water Municipal Water


Access Type Water Access
Acreage No
Land Amenities Airport, Beach, Golf Nearby, Marina, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Landscape Features Landscaped
Sewer Municipal Sewage System
Zoning Description Commercial



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