1/48513 LEMIEUX Road, Monetville
513 LEMIEUX Road, Monetville, ON P0M2K0
$4.5M total
10,000 SF
Asset Class
Hospitality
Size
10,000 SF
Building class
C
Zoning
CHY — Highway Corridor
$ / SF
$450
Occupancy
100%
Lot Size
35 ac
About this property
Located on the shores of West bay of Lake Nipissing. This beautiful resort sits in 35 acres of land Approx. 954 feet of lake front shoreline. Excluding the great lakes, lake Nipissing is the 3rd largest lake in Ontario, Canada with over 400km of scenic shoreline and peppered with islands. There are 7 winterized and custom built cabins fully equipped with refrigerator, store, coffee maker, microwave, oven, and private deck with gas barbecues for each. Three are 3 bedroom, two are 2 bedroom and one is a honeymoon suite. Detached 24' x 48x garage with 12 foot ceiling height with 3 sliding and one man door. 270 feet of lake front board walk, over 200 feet of floating dockage, public washrooms, recreational equipment storage and fishing cleaning facility, fuel depot and dual boat slip. 20 and 40 foot pontoon boat, five 16 foot aluminum fishing boats. Brand new high efficiency heating system for main lodge (electric / propane) 2026. Please call Listing Realtor to arrange mutually agree upon private showing date and time. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$21K
Projected NOI
$338K
Annual cash flow
$89K
Cash-on-cash
6.57%
DSCR
1.36
Going-in cap
7.51%
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.
Rent roll (estimated)
| Tenant | Area | Expiry |
|---|---|---|
| Lakeview Physiotherapy | 4,945 SF | 2034-06 |
| Lakeview Physiotherapy | 5,025 SF | 2034-06 |
Area demographics
Trade area within 3 miles of the property.
Population
117,069
Households
48,915
Median income
$127,500
Median age
36.2
Daytime population
125,008
5-yr growth
9.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 513 LEMIEUX Road, Monetville.
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.