For saleMLS® X13264058

35 Spruce Avenue, Machin, ON P0V 2V0

TB-612, Machin · Near South off Highway 17 in Vermilion Bay onto Spruce Ave. · View map

$395,000
3Baths
Sale of businessType
NoneParking
Yes, FullBasement
$3,143/yrTaxes
$395,000
FreeholdNo monthly condo fee
Lot 289 x 626 ftThe land comes with the home

About this home

Here's your chance to become a part of history! The Bayview Hotel in Vermilion Bay, Ontario, holds a significant place in the local history of the community. Established in the early 1900s, the hotel originally served as a stopping point for travellers and loggers exploring the vast wilderness of Northwestern Ontario. Over the years, the Bayview Hotel evolved into a hub of social activity, hosting events, gatherings, and providing accommodation for visitors to the area. With its picturesque location overlooking Eagle Lake, the hotel became a popular destination for tourists seeking relaxation and natural beauty. You can now enjoy owning and operating this fully licensed lounge with a bar and dance floor. In the main building there is a one bedroom apartment on the main floor and 3 one bedroom apartments and a bachelor apartment on the second floor. The 5 Unit Motel next to the main building has been renovated into 4 one bedroom apartments for extra added income.Laminate flooring in the bar replaced in 2018. High efficiency furnace upgrades also completed in 2018. Other upgrades include a new Hot Water tank in 2024, shingles in 2012 and an upgraded fire alarm system. Must be seen to be appreciated. Call to day and make your appointment to view!

The home

Type
Sale of business
Bathrooms
3
Basement
Yes, Full
Lot size
289 x 626 ft
Faces
South
Level
2

Ownership & fees

Ownership
Freehold
Monthly condo fee
None
Exterior
Stucco (Plaster)

Heating & cooling

Heating fuel
Gas
Heating type
Forced Air
Air conditioning
Yes
Fireplace
No

Garage & parking

Total parking
None

Taxes & other

Property taxes
$3,143/yr
Tax year
2024
Occupancy
Owner
Possession
Negotiable
Cross street
South off Highway 17 in Vermilion Bay onto Spruce Ave.
Neighbourhood
TB-612

More

MLS® number
X13264058

No features listed yet.

Want to know something that isn’t listed?
Estimated monthly cost$1,855per month, all in
  • Mortgage
  • Property tax

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    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

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    35 Spruce Avenue, Machin, ON P0V 2V0

    TB-612, Machin · Near South off Highway 17 in Vermilion Bay onto Spruce Ave.

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    Sold history

    Listing history for 35 Spruce Avenue

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 35 Spruce Avenue

    Answers come straight from this home’s MLS® listing.

    How much is 35 Spruce Avenue listed for, and what would it cost each month?

    35 Spruce Avenue is listed for $395,000. With 20% down ($79,000), the mortgage payment would be roughly $1,593 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $1,855 a month, all in. That figure is an illustration, not a quote.

    Is 35 Spruce Avenue freehold or a condo, and is there a monthly fee?

    35 Spruce Avenue is a sale of business in TB-612, Machin. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    Does 35 Spruce Avenue have a garage and parking?

    The listing does not show a garage. The listing does not include a parking space.

    Does 35 Spruce Avenue have a finished basement?

    The listing describes the basement as yes, full.

    What style of home is 35 Spruce Avenue?

    35 Spruce Avenue is a sale of business. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    How big is 35 Spruce Avenue, and what is the lot size?

    The lot is listed as 289 x 626 ft.

    How is 35 Spruce Avenue heated and cooled?

    Heating is forced air (gas). Cooling is yes.

    What are the property taxes for 35 Spruce Avenue?

    Property taxes are $3,143 a year (2024), or about $262 a month.

    Where is 35 Spruce Avenue?

    35 Spruce Avenue is in the TB-612 community of Machin. The nearest main intersection is South off Highway 17 in Vermilion Bay onto Spruce Ave.. The postal code is P0V 2V0.

    Is 35 Spruce Avenue still for sale?

    Yes. It is an active listing (MLS® X13264058). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 35 Spruce Avenue asking?

    Similar properties for sale nearby right now include 4 Sunset at $499,000 (1 bed) and 1 Bear Camp at $299,000 (2 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 35 Spruce Avenue sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 35 Spruce Avenue?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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