9628 HWY 509, Frontenac (Frontenac North)
$599,900
For sale: Detached
- Property type
- Detached
- Bedrooms / bathrooms
- 14 bedrooms, 12 bathrooms
- Living area
- 100,000 sqft
- MLS®
- MLS® X13700818
- Neighbourhood
- 53 - Frontenac North
Live-in Business Opportunity in the Heart of Cottage Country, next to Palmerston Lake. Nestled in the scenic and sought-after tourist destination of Palmerston Lake, this renovated 11 room motel offers incredible potential for investors or entrepreneurs. Situated on 1.56 acres with stunning views overlooking the lake, the property includes a welcoming reception/office area and an upper level 3 bedroom, 1 bath apartment, perfect for an owner-operator or to generate additional income as a rental or Airbnb. With year round tourist traffic, the business benefits from summer vacationers drawn to the area with many pristine lakes and winter visitors including snowmobilers and outdoor enthusiasts with the K&P trail running behind the property. High-speed internet and reliable cell service are available. Located just 3 hours from Toronto, this is a unique opportunity to live, work, and thrive in one of Ontario's most beautiful recreational areas. Buyer to verify all intended uses with the township.
Sold data
Detached homes in Frontenac (Frontenac North) — recent sold market
Detached homes in Frontenac (Frontenac North) took a median of 30 days to sell over the last 90 days, with the quickest quarter selling within 17 days and the slowest quarter taking more than 61, across 124 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 56 days.
The median sale price was $597,000.
Homes sold for about 3.4% below asking on average, so there was room to negotiate.
About 8% of sales closed above the list price.
Around 28% of sellers reduced their price before finding a buyer.
- Median days to sell
- 30
- Median sale price
- $597,000
- Sale-to-list ratio
- 96.6%
- Sold above asking
- 8%
Based on 124 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Currently for sale
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