ONLINE REAL ESTATE AUCTION SALE
of
"The Landing - Extended Stay Quarters"
5 Suite Short Term or Extended Stay Boutique Hotel
at
18 Boucher Street West, Meaford, ON
Bidding Opens: April 17 @ 9:00 a.m.
Bidding Closes: April 27 @ 2:00 p.m.
of
"The Landing - Extended Stay Quarters"
5 Suite Short Term or Extended Stay Boutique Hotel
at
18 Boucher Street West, Meaford, ON
Bidding Opens: April 17 @ 9:00 a.m.
Bidding Closes: April 27 @ 2:00 p.m.
NEW IN 2022
This newly constructed 3945 SF multi-suite dwelling has numerous possibilities. Live in the 1150 sf 2 BR, 2 bath suite and manage the other four 425 sf efficiency suites on an extended stay or short-term accommodation basis. Zoning also permits 3 of the suites to be used for residential purposes.
OUTSTANDING POTENTIAL
Opened in April of 2022, this “Boutique Hotel” boasts a 66% post Covid occupancy rate in just the first 8 months of operation. With the many new developments coming to Meaford starting in 2023 - including the TC Energy Pumped Storage Project, Skydev 6.6-acre mixed use waterfront development, Gates of Meaford residential subdivision and Georgian Bay Terrace 5 storey residential development, with repeating customers and as this property is discovered by new customers, the occupancy rate should improve even further. Proforma data is available upon request.
TURNKEY OPPORTUNITY
All furnishings, equipment, housekeeping supplies, and consumables are included. Also included: WEBSITE - www.thelanding-esq.com ; hotel booking engine license; prepaid insurance for 2023; web hosting; fire alarm monitoring. The website is also integrated with Expedia, Booking.com, Airbnb and other affiliated websites.
THE AUCTION
Online registration and bidding will open for this event on April 17th and bidding will close on April 27that 2:00pm. This will be an unconditional auction transaction so do your diligence early and have your financial arrangements in place in order to avoid disappointment.
OPEN HOUSES AND VIEWINGS
There will be open house viewings by appointment on March 25, March 29, April 1 and April 5 from 2pm - 4 pm each day. Please call Larry Reid (Realtor) or Jim Snider (Auctioneer) to schedule your appointment for the open house viewings.
Engel & Volkers, LARRY REID, Agent 705-443-2351. https://www.realtor.ca/real-estate/25379227/18-boucher-street-w-meaford
JIM SNIDER 519-373-1654
DOCUMENTS YOU WILL NEED TO PARTICIPATE IN THE AUCTION
This newly constructed 3945 SF multi-suite dwelling has numerous possibilities. Live in the 1150 sf 2 BR, 2 bath suite and manage the other four 425 sf efficiency suites on an extended stay or short-term accommodation basis. Zoning also permits 3 of the suites to be used for residential purposes.
OUTSTANDING POTENTIAL
Opened in April of 2022, this “Boutique Hotel” boasts a 66% post Covid occupancy rate in just the first 8 months of operation. With the many new developments coming to Meaford starting in 2023 - including the TC Energy Pumped Storage Project, Skydev 6.6-acre mixed use waterfront development, Gates of Meaford residential subdivision and Georgian Bay Terrace 5 storey residential development, with repeating customers and as this property is discovered by new customers, the occupancy rate should improve even further. Proforma data is available upon request.
TURNKEY OPPORTUNITY
All furnishings, equipment, housekeeping supplies, and consumables are included. Also included: WEBSITE - www.thelanding-esq.com ; hotel booking engine license; prepaid insurance for 2023; web hosting; fire alarm monitoring. The website is also integrated with Expedia, Booking.com, Airbnb and other affiliated websites.
THE AUCTION
Online registration and bidding will open for this event on April 17th and bidding will close on April 27that 2:00pm. This will be an unconditional auction transaction so do your diligence early and have your financial arrangements in place in order to avoid disappointment.
OPEN HOUSES AND VIEWINGS
There will be open house viewings by appointment on March 25, March 29, April 1 and April 5 from 2pm - 4 pm each day. Please call Larry Reid (Realtor) or Jim Snider (Auctioneer) to schedule your appointment for the open house viewings.
Engel & Volkers, LARRY REID, Agent 705-443-2351. https://www.realtor.ca/real-estate/25379227/18-boucher-street-w-meaford
JIM SNIDER 519-373-1654
DOCUMENTS YOU WILL NEED TO PARTICIPATE IN THE AUCTION
| bidder_acknowledgement_form.pdf |
| _ontario__500_-_agreement_of_purchase_and_sale_–_commercial__6_.pdf |
| schedule_bcdef.pdf |
| construction_drawings.pdf |
