Turn Key Operation on TransCanada Highway
Looking to own your own Business...now could be the perfect opportunity to be your own Boss! Just 15 minutes from Regina the Balgonie Motel is for sale. This turn-key operation offers 8 units, each with full bathrooms, and fully furnished.
This property includes a spacious living quarters with large living room/dining area open to the kitchen with oak cabinets and eating area, an office space, and extra large master bedroom with walk-in closet, plus a full bathroom and sunroom with hot tub. The surrounding property includes RV camping with separate water tank, mature trees and grass, large parking area, and a 50' x 60' quonset for storage.
Weekly and monthly clients including pipeline customers lend to full occupancy regularly.
Other business potential for restaurant, equipment dealership, retirement with expansion possible.
Opportunities like this are few and far between in this premium location....call the owners today and get started on your new adventure!
Trades will be considered
Serious Inquiries Only
Garage size : One car detached garage with attached workshop and 50' x 60' quonset on separate lot
Lot size : 2 separate lots with separate titles ( just under 3 acres of land)
Other comments : Suites 1, 2, 3, 4, and 6 - 1 double bed
Suite 5 - 2 single beds
Suites 7 and 8 - 2 double beds
Suites 1, 7, and 8 - full kitchenettes
All suites have full bathrooms, central air in suites 1-6 and window a/c units in suites 7 and 8
Each room fully furnished including all appliances
Ground Level Living Quarters - 2 bathrooms, full oak kitchen, living room, sunroom with hot tub, office space and 1 large bedroom with walk-in closet
Upgrades :
- new shingles on living quarters
- shingles on motel approx 14 years old
Exterior features :
- Exterior of building is brick with siding
- Large parking area
- Quonset 50' x 60'
- RV parking and camping area
- Large grassy area with mature trees
Extras :
- hot tub
- all appliances
- all furnishing
Community :
- Excellent location along TransCanada Highway in Balgonie
- Zoned for industrial/commercial use
- 15 minutes to Regina
- ComFree
- Newly-built
- Rental
- ComFree blog
- 1 866 468-3757
new
Commercial space for sale sold Balgonie, $625,000
#201795 | 347 Queen Street - Balgonie Motel - TransCanada HWY
Owner's comments
347 Queen Street - Balgonie Motel - TransCanada HWY, $625,000
View on the map
- Asking Price : $625,000
- Localisation certificate : Yes
- Franchise : Yes
Other details :
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External facing :
- Brick
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Roof :
- Asphalt shingle
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Floor coverings :
- Linoleum
- Carpet
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Features :
- Air Conditioning
- Caretaker's Lodge
- Kitchen
- Outside Sign
- External Warehouse
- Lights
- Stove
- Bathroom
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Garage :
- Detached
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Parking / Driveway :
- Crushed Gravel
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Location :
- Highway access
Mortgage payments
See annual and monthly costsMortgage payments
Annual and Monthly costs
| Expenses summary | Monthly | Annual |
|---|---|---|
| Mortgage | ||
| Municipal taxes | $408.33 | $4,900 |
| Total known costs | $408.33 | $4,900 |
Steps to buy this property
So you decided you like this property and would like to make an offer.
Here are the steps.
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1. Investigate Mortgage Options
As soon as possible in your buying process, make sure you can get the necessary financing to acquire the property. Consult a financial advisor and/or get a pre-approved mortgage. You will then know the exact amount of the loan that your financial institution is willing to lend you.
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2. Get a Lawyer
It's important to hire a lawyer who specializes in real estate. You could find yourself in a bidding war for the home you want, and it doesn't hurt to have a lawyer look over any offer to purchase before you submit it. A real estate lawyer will also conduct a title search and check for outstanding taxes and liens on the property.
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3. Make the Offer
You can contact your lawyer for help with filling out the offer document, which can be downloaded from the comfree website or provided to you by the seller. You then present the written offer to the seller. This document includes the price, conditions, deposit and closing date. The seller either accepts, rejects or counters the offer (also called "signing back" the offer).
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4. Home Inspection or New Home Warranty
Hiring an inspector is voluntary, but it's a smart idea for resale homes. You can choose to make your offer to purchase the home conditional on the outcome of your inspection. If your inspection reveals major problems, you can negotiate those repairs with the seller before your deal closes, or legally withdraw your offer.
What is a New Home Warranty?
New Home Warranties are typically used when you buy a brand new home. The builder provides a New Home Warranty to cover things like deposits and completion dates, along with labour and materials for at least one year after the home was built. It also protects you against structural problems for a minimum of five years.
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5. Finalizing the Deal
Finalizing the deal will include the final approval of your mortgage, a meeting with your lawyer to finalize details like insurance and conditions, and the results of a title search.
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6. Moving Preparations
There's a lot to do before you move. Line up utilities and other services like phone, cable and internet. If you rent, you must give your landlord notice. Also, forward your mail to your new address and hire a moving company. Preparing these things well in advance will help you make a smooth transition to your new home.
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7. Closing Day
This is the day you legally get possession of the house. Your lawyer completes the paperwork (so the home is in your name), payments are finalized and you receive the deed and the keys. Congratulations on your new home!
We're here to help
ComFree is a team of more than 235 people committed to providing you with outstanding service so you can successfully sell your home.
Need more information? Please call a member of our customer service team:
1 866 468-3757