All photos · 43

Coldwater

1726 Earl Haid Avenue, Severn, ON L0K 1E0

$1,499,000

Beds

n/a

Baths

3

Type

Commercial

About this home

An Exceptional Waterfront Investment Awaits At The Iconic Riverhouse Restaurant In Severn Falls. Perfectly Situated On The Banks Of The Trent-Severn Waterway, This High-Visibility Property Benefits From Constant Year-Round Traffic And Seamless Boat Access. The Building Has Been Extensively Enhanced With Recent High-Value Upgrades, Including Two New Front Windows, A New Geothermal Water Furnace, New UV Water Filtration, A New Freezer Compressor, And New Ice Machine. These Add To Previous Major Investments Including A Waterloo Biofilter Septic, Newer Roof, Expansive Waterfront Patio, And A Full-Building Backup Generator. This Turn-Key Package Offers A Fully-Equipped Professional Kitchen, Bar, And Dining Area Designed For Peak Efficiency. With Flexible Zoning Supporting Restaurant, Retail, Or Tourism Development, The Property Features On-Site Living Quarters For An Ideal Live/Work Balance. Located 20 Minutes From Highway 400, This Is A Prime Destination For Boaters, Snowmobilers, And Tourists. Includes Property, Business, Equipment, And Chattels. A Rare Chance To Own A Thriving Waterfront Landmark With Diverse Revenue Potential.

Heating

  • · Other

Cooling

  • · Yes

What it could cost monthly

Estimated monthly

$6,864

Principal & interest, per month


Mortgage amount
$1,199,200
Down payment
$299,800
Total interest paid
$860,140

Indicative only. Final terms depend on your lender, credit profile, and CMHC insurance if your down payment is under 20%.

A note from your agent

Alfred Martinelli

Broker

416-839-3599

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Listing brokerage

LPT REALTY

Each office independently owned and operated.