233 King Street Unit# 1 & 2, Niagara-On-The-Lake, Ontario  L0S 1J0 - Photo 1 - 40339034
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233 King Street Unit# 1 & 2
Niagara-On-The-Lake, Ontario L0S 1J0

You're intrigued, and rightfully so! At first glance, this property is easily recognized as a superb investment opportunity. Yes, currently it's being shown as a 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. The sort of place you would stay in and say, I wish I could live here! There is flexibility here; 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) or one incredible unit. 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 bedroom sets, 2 living/dining room sets, kitchenware and decor]. This is a no-brainer opportunity for a savvy buyer or someone who simply doesn't want the vacation to end. (id:15265)

$2,950,000 For sale

MLS® Number
40339034
Type
Single Family
Building Type
Apartment
Bedrooms
5
Bathrooms
5
Parking
5
SQ Footage
2624
Style
2 Level
Fireplace
Fireplace
Cooling
Wall Unit
Landscape
Landscaped
Brochure

Photo Gallery

Property Details

MLS® Number 40339034
Property Type Single Family
Amenities Near By Airport, Beach, Golf Nearby, Marina, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Community Features High Traffic Area
Features Southern Exposure, Visual Exposure, Park/reserve, Golf Course/parkland, Beach, Balcony
Parking Space Total 5

Land

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

Building

Bathroom Total 5
Bedrooms Above Ground 5
Bedrooms Total 5
Architectural Style 2 Level
Basement Type None
Construction Style Attachment Attached
Cooling Type Wall Unit
Exterior Finish Brick
Fireplace Present Yes
Fireplace Total 2
Stories Total 2
Size Interior 2624
Type Apartment
Utility Water Municipal Water

Rooms

Level Type Dimensions
Second Level 3pc Bathroom Measurements not available
Second Level 3pc Bathroom Measurements not available
Second Level 3pc Bathroom Measurements not available
Second Level 3pc Bathroom Measurements not available
Second Level 3pc Bathroom Measurements not available
Second Level Dinette 11'3'' x 7'10''
Second Level Kitchen 8'0'' x 8'4''
Second Level Living Room 14'5'' x 12'10''
Second Level Bedroom 11'0'' x 12'0''
Second Level Bedroom 13'10'' x 9'6''
Second Level Dining Room 11'0'' x 13'1''
Second Level Kitchen 8'10'' x 13'1''
Second Level Living Room 13'4'' x 11'6''
Second Level Bedroom 11'0'' x 12'10''
Second Level Bedroom 11'0'' x 14'2''
Second Level Bedroom 11'0'' x 10'4''

Location Map

Interested In Seeing This property?Get in touch with a Davids & Delaat agent

agent terence davids

Terence Davids

Team Leader & Sales Representative

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matthew morocco

Matthew Morocco

Sales Representative

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