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7044 HWY 534 HIGHWAY
Parry Sound Remote Area (Restoule) Ontario P0H1W0 Canada

$1,075,000

Active Listing ID X12924728
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6,790 square feet
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Business

$1,075,000

Active Listing ID X12924728
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7044 HWY 534 HIGHWAY 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. (id:203)

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Property Features

  • Facts
  • Property Sub-type: Business
  • Features
  • Cooling System: Fully air conditioned
  • Heating Systems: Baseboard heaters, Other
  • Additional Features
  • Basement
Listing Changed: 3/26/2026 5:55:35 PM GMT
Source Updated Date: 3/31/2026 6:09:59 PM GMT

Courtesy of: RICHARD GAMBLING, Salesperson, HOMELIFE OPTIMUM REALTY