34 Hastings St. S. York River (Bancroft, Ontario, CA - K0L 1C0) Built

$3,888,000
Profitable Senior Lifestyle Investment

BOWES & COCKS LTD., Brokerage

Michael Arbour Michael Arbour 613-334-0182 (Office) 613-334-0182 (Cell) 613-332-5360 (Fax) Request More Info

  • Hospitality Based Seniors' Independent Living
  • Type: Commercial
  • Style: 2 Storey
  • Bedrooms: 30 "Potential for more"
  • Bathrooms: 33
  • Size: 24,000 sq. ft.
  • Development Level: Built
  • Lot Type: Irregular
  • Lot Size: 2.79 acres 600ft "On York River"
  • Year Built: 2009 "Restored & Upgraded in 2009"
  • Taxes: $21,139.00 (2021)
  • MLS ® #: 40192975
  • Basement: Yes, Walkout

Description

Profitable, well run hospitality based seniors' independent living residence located on almost 3 acres with 600 ft. of riverfront in a rural community. The property is zoned Multi-Unit Residential with room for expansion. There are 30+ rooms for the residents who enjoy home cooked meals served in the huge dining room, long term and onsite staff, a spa, pub, activity rooms, audio/visual room, work space, games/arts/crafts, laundry facilities, a sunroom overlooking the gardens and front entry atrium leading to the lobby. The 24,000 sq. ft. former Red Cross Hospital building was totally renovated and restored in 2009 and features geo-thermal heating and air conditioning, updated electrical and plumbing, kitchen facilities, offices, safety features such as sprinkler system & fire escape towers, elevator lift, plus recently installed steel roofing, membrane on flat roofs and a large, paved parking lot for residents and visitors. Local transit is also available. This is an Asset sale, with the property, building, all chattels, equipment and supplies included. The current employees must be assumed with their existing terms of employment to remain the same. All contracts for services, supplies, equipment and maintenance can be assumed. Currently it is fully occupied with an extensive resident waiting list, as this is the premier residence in the area for active seniors. Respect for the residents and their needs, the community and the environment are of utmost importance to the owners. Further details are available.

Attachments

Features

Roof

  • Metal

View

  • River View
  • Water Front
  • Water View

Cooling

  • Geothermal

Heating

  • Geothermal

Sewer/Water Systems

  • Public

Lot Features

  • Garden Area
  • Landscaped
  • Lawn
  • Trees / Shrubs

Extra Features

  • Controlled Access
  • High Speed Internet Available
  • Lobby
  • Semi-Private Elevator
  • Storage
P2#484738874
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Information is deemed to be correct but not guaranteed.

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