STAN KHURANA
Sales Representative


Cell: 647-383-6000
Office: 905-883-1988
Fax: 905-883-8108


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CENTURY 21 ATRIA REALTY INC., BROKERAGE
Independently owned and operated.
C200-1550 Sixteenth Ave Bldg C Richmond Hill, ON L4B3K9


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$3,199,000
Available - For Sale
Listing ID: X13885644
Renovated 22-unit ensuite motel plus owner living quarters in a prime Fort Erie location, minutes from the Peace Bridge border crossing to Buffalo and approx. 30 km from Niagara Falls. Approx. 12,000 sq. ft. building on a 0.92-acre lot. Over $645k in capital upgrades in last three years: new roof, new heating and cooling in every room, upgraded electrical panel and wiring, new fire alarm system, new boilers and hot water tanks, new flooring, fresh paint throughout, new furniture, perimeter fencing, and a surveillance system with smart locks on all doors.Each of the 22 ensuite rooms features air conditioning, cable TV, fridge, microwave and private bathroom. The property also includes generous owner accommodation (separate owner/manager unit plus a 4-bedroom/2-bathroom suite), approx. 35 parking spaces.Ideal location on Hwy #3 with quick access to the Peace Bridge border crossing into Buffalo, New York, and the scenic Niagara Parkway. Minutes to Old Fort Erie, the Fort Erie Race Track, Lake Erie beaches including Crystal Beach, and championship golf courses. Town approval in place for seasonal student-residence use during the school year, offering added income flexibility. Clean Environmental Site Assessments available from 3 years ago. Rare opportunity to own a turn-key, income-producing motel at the gateway to Buffalo and Niagara.
Price $3,199,000
Taxes: $18,120
Tax Type: Annual
Occupancy by: Tenant
Address: 215 GARRISON Road , Fort Erie, L2A 1M6, Niagara
Postal Code: L2A 1M6
Province/State: Niagara
Legal Description: LT 90 PL 524 VILLARGE OF FORT ERIE,LT97,
Directions/Cross Streets: From QEW to Center st, and right to Garrison Rd (HWY 3) about 1000Meter on Right side (north)
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Accommodation
Use: Hotel/Motel/Inn
Building Percentage: T
Total Area: 12,000
Total Area Code:  Square Feet
Area Influences: Public Transit  
Business/Building Name: HAVEN MOTEL
Maintenance: 0
Outside Storage: T
Heat Type: Electric Forced Air
Central Air Conditioning: Yes
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
REVEL Realty Inc., Brokerage

215 GARRISON Road , Fort Erie, L2A 1M6, Niagara

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Stan Khurana
Sales Representative
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6473836000
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905-883-1988

 
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At a Glance:
Type: Com - Investment
Area: Niagara
Municipality: Fort Erie
Neighbourhood: 333 - Lakeshore
Style:
Lot Size: x 200.00(Feet)
Approximate Age:
Tax: $18,120
Maintenance Fee: $0
Beds: 0
Baths: 23
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
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