Mermaid Inn
Tobermory, ON
Offered for sale at 899,000 CAD
**RARE Multi-Unit Income Property with Commercial Zoning** Discover an exceptional property nestled in the quaint town of Tobermory!
Currently operating as a Bed & Breakfast with near 100% seasonal occupancy. This property offers diverse possibilities, whether you seek a primary residence with earning potential or a family home/cottage.There are 3 spacious bedrooms rooms each with an ensuite and two loft-style bedrooms with bathrooms. Each room has a private patio with an exterior entrance which is used for guest access so they don't go through the main living area. The main living area boasts a large open-concept kitchen/living with vaulted ceilings. See floor plans attached.The grounds are professionally landscaped, with stone walkways and large gardens. The property is an AAA location, a mere 5-minute walk to downtown Tobermory. Tobermory was ranked as one of the Top 25 emerging destinations in the world by Tripadvisor in 2021.
Extras: Propane fireplace and polished stone floors with radiant in-floor heating. Most furniture included (to be further discussed).
Property Details- 4 Guest Rooms
- 4 Guest Room Baths
- Has Owner's Quarters
- Built in 2016
- Last Renovated in 2016
- Opened in 2016
- Building is 2,500 SQFT
- Lot is 0.5 Acres
- Photo Gallery
- Property Website
Financial Details- Offered for sale at 899,000 CAD
- Occupancy Rate: Near 100% seasonal
- Terms: Contact for detailed financial information.
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