
Welcome to this remarkable sale of business located in the coveted neighborhood of Latchford. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $879,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Positioned in a high-visibility, high-traffic corridor along Highway 11, this well-established motel offers a rare investment opportunity in a thriving four-season tourism destination. The property features 18 guest rooms with strong daily rental potential ranging from $100 to $145 per night. In addition, there are two self-contained apartments (one 2-bedroom and one 3-bedroom), ideal for owner occupancy, staff housing, or additional rental income streams.Located just a short 2-minute walk from Bay Lake, guests can enjoy excellent fishing, a family-friendly play area, and convenient BBQ facilities-making this a highly desirable stop for travelers and outdoor enthusiasts alike.Surrounded by year-round attractions, the area draws consistent traffic from fishing, hunting, and snowmobiling enthusiasts. Nearby highlights include Burns Hiking Trail just 1.5 km away, the historic town of Cobalt-famous for its silver mining heritage and summer tourism-only a 10-minute drive, and Timiskaming Nordic Ski Club just 10 km away.This property also presents significant upside potential. The existing café space offers an excellent opportunity for conversion into a restaurant, and the included additional lot behind the motel provides ample room for expansion-whether adding more rooms, recreational amenities, or other revenue-generating features.An ideal opportunity for investors or owner-operators looking to enhance and grow an already well-located hospitality business in a vibrant, tourism-driven region.
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This sale of business located at 35 Main Street, Timiskaming is currently for sale and has been available on SousaSells for 175 days. This property is listed at $879,000 with an estimated mortgage of $2,926* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 35 Main Street, Timiskaming is in the Latchford neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Latchford, Timiskaming.
First-time home buyers, professionals, or investors seeking value.
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No historical data available for this property.
This could be the first listing for this address.
If you are looking for a house in Timiskaming or researching Timiskaming real estate for sale, this sale of business at 35 Main Street, Timiskaming, ON offers an exceptional opportunity to buy a home in Timiskaming, Ontario. Whether you are a first-time Timiskaming home buyer or comparing active Timiskaming MLS® homes for sale, working with a dedicated Timiskaming buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
Browse all verified Timiskaming real estate listings, compare active Timiskaming houses for sale, and view brand new MLS® inventory before it hits the open market.
Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Timiskaming realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.
Estimated mortgage: $2,926*/month*. Estimated Ontario Land Transfer Tax: $14,055. First-time Timiskaming home buyers may qualify for up to $8,475 in rebates.
The current listing price for 35 Main Street, Timiskaming, ON in Latchford, Timiskaming is $879,000.
This property features null bedrooms and null bathrooms.
35 Main Street, Timiskaming, ON is a Sale Of Business () featuring a basement.
Community features and nearby amenities include: Major Highway.
Heating is provided via standard central heat and cooling via Yes.
Latchford, Timiskaming
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Data-driven valuation for 35 Main Street N, Timiskaming, ON P0J 1N0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Timiskaming.
About Purchasing a Home in Timiskaming, ON
For a property listed at $879,000 in Timiskaming, the legal minimum down payment is $62,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $14,055 for this transaction. As this listing is in Timiskaming (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $14,055.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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