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.
Contact Information

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