1/247191 Highway 17 E, Hagar
7191 Highway 17 E, Hagar, ON P0M1X0
$999,999 total
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Asset Class
Hospitality
Size
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Building class
B
Zoning
CHY — Highway Corridor
$ / SF
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Occupancy
99%
About this property
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. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$5K
Projected NOI
$82K
Annual cash flow
$26K
Cash-on-cash
8.81%
DSCR
1.48
Going-in cap
8.18%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Area demographics
Trade area within 3 miles of the property.
Population
74,162
Households
27,864
Median income
$85,500
Median age
44.7
Daytime population
63,325
5-yr growth
2.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 7191 Highway 17 E, Hagar.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.