7044 Hwy 534 Hwy

Parry Sound Remote Area, ON P0H 1W0
  • $1,075,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 6,790

    SqFt

About the Listing 332801 -

Turnkey Restaurant & Lodge Investment Opportunity. Exceptional income property featuring a licensed restaurant, bar, and lodge on 2.34 acres in the heart of cottage country. Ideally located steps from Restoule Lake, snowmobile and walking trails, with a public boat launch just 500 ft away and only 7 km from Restoule Provincial Park, plus close proximity to local amenities and shopping. The restaurant and bar are leased to a Master Chef until June 30, 2027, generating $2,500/month in reliable rental income. The lodge offers four fully furnished guest suites, each with a queen bed and 4-pc bath; three suites include full kitchens and living areas, while the fourth features a fridge and microwave. Guests also have access to a shared commercial laundry (1 washer, 2 dryers). The basement includes a full kitchen and two bathrooms, ideal for staff use, storage, or future expansion. Approx. $210,000 invested in renovations since 2022, plus a 15KW Generac generator included. Sale includes two adjoining parcels (sold together): PIN 522250078 (1.558 acres) and PIN 522250075 (0.778 acres). Strong cash flow with excellent year-round recreational exposure and future growth potential.

Listing Highlights

Status Active
Days on Site 21
Property Type Business Opportunity
MLS ® X12924728
Year Built
Total Square Footage 6,790
Lot/Acreage 2.34

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond: Yes
  • Heating: Baseboard
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Roof:
  • Others:
  • Sewer:
  • Parking Features: No Garage

Financial Details

  • Tax Amount: $3,288
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 522250078
  • Tax Year: 2025

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7044 Hwy 534 Hwy Parry Sound Remote Area, ON P0H 1W0

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