A 37-room motel (Lively Inn & Suites Motel), together with three stable tenants, generates a fixed gross monthly rental income of $13,300 from a restaurant, dog-training facility, and convenience store. The property sits on a 3.14-acre, C2-zoned corner lot, offering exceptional visibility, easy access, and a prime opportunity for high-traffic commercial or mixed-use development on its surplus land.Currently zoned Highway Commercial (C2 R1-5) and comprising three separate lots with individual PINs (including two lots fronting Old Soo Road), the site supports a wide range of development possibilities such as a plaza, gas station, or additional commercial structures.This property is ideal for an investor seeking both immediate income and long-term development potential, with zoning that accommodates numerous commercial projects or future expansions to the existing motel operation.
| MLS # | X13008636 |
|---|---|
| Listing Type | For Sale |
| Building Name | Lively Inn and Suites |
| Sub-Type | Resale |
| Status | Extension |
| Year | 0 |
| Days On Site | 129 |
| Listing Provided By | ROYAL LEPAGE SIGNATURE REALTY | X13008636 572001 |
| SQ Feet | 136,778 |
|---|---|
| Acreage | 3.14 |
| Cooling | Yes |
|---|
| Sewer | Sanitary+Storm |
|---|
| Tax Annual Amount | 38999.8 |
|---|---|
| Tax Type | Annual |
| Tax Legal Description | WATERS CON 4 PT LOT 7 AND RP SR3322 PARTS 1 AND 2 RP 53R19810 PARTS 4 AND 6 PCLS 10292 10700 10755 11058 11066 16793 16794 21345A |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| County | Greater Sudbury |
| City | Greater Sudbury |
| Postal Code | P3Y 1C4 |
| Area | Sudbury |
| Listing VS Median (in P3Y 1C4) | |
Price: $3,950,000 low | high Med: $3,950,000 sqft: 136,778 low | high Med: 136,778 $ / sqft: $29 low | high Med: $29 On site: 129 low | high Med: 129 | |
| Province | ON |
|---|---|
| County | Greater Sudbury |
| City | Greater Sudbury |
| Postal Code | P3Y 1C4 |
| Area | Sudbury |
| Listing VS Median (in P3Y 1C4) | |
Price: $3,950,000 low | high Med: $3,950,000 sqft: 136,778 low | high Med: 136,778 $ / sqft: $29 low | high Med: $29 On site: 129 low | high Med: 129 | |