Located in the heart of Penetanguishene's historic downtown core, this commercial property offers endless opportunities for savvy investors. Once renowned as the iconic Commodore Bar and Hotel, this landmark building sit...
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Located in the heart of Penetanguishene's historic downtown core, this commercial property offers endless opportunities for savvy investors. Once renowned as the iconic Commodore Bar and Hotel, this landmark building sit...
Asking Price : $645,500
Gross Revenue Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 16,000
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Unparalleled and distinguished, Whitney Manor is a unique five suite boutique hotel opportunity that combines historic elegance with modern luxury. A self-catered accommodation model, the current configuration offers thr...
Asking Price : $1,995,000
Gross Revenue Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 6,502
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Welcome to Luxury Living at the Iconic Hotel Rideau in the heart of Smiths Falls. This historic building has been completely restored from top to bottom, keeping the old world charm of the 1901 piece of history while off...
Asking Price : $7,499,000
Gross Revenue Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 0
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Located just off the Yellowhead Highway 16 lies a hidden gem – the Village of Innisfree. This farming community boasts a vibrant recreational culture, with activities like sports hunting in the fall, curling and snowmo...
Asking Price : $264,900
Gross Revenue Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 4,800
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Opportunity of a lifetime to own Leamington's landmark bar and restaurant location. The building, business and equipment. The International Hotel (The IT) has been a landmark in Leamington for 100 years, Bar/ Restaurant ...
Asking Price : $1,299,000
Gross Revenue Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 0
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Waterfront opportunity along the canals Promenade in downtown Port Colborne locates this fabulous and beautifully restored building known as 'Cornerstone Suites'. 5 units in all, with detached double garage and private p...
Asking Price : $2,950,000
Gross Revenue Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 5,000
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Every once in a while, an opportunity presents itself to acquire a truly spectacular property; a property so unique and special, that it must be seen to be understood. Rodman Hall is such a property. Originally built in ...
Asking Price : $8,999,000
Gross Revenue Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 17,985
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Excellent Investment Opportunity In Growing Area of Lundy's Lane, Niagara Falls * 40 Rooms Including Two Storage Rooms * Manager's Apartment * Rooms Featuring 1,2,3 Beds, Jacuzzi Suites And Kitchenettes.* 60 Seats Restau...
Asking Price : $5,551,566
Gross Revenue Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 0
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Three story limit service 89 room wood frame hotel that used to be NOVA Hotel and converted as Big Lake Inn from 2012 . . Slave Lake has the third largest populat...
Asking Price : $9,500,000
Gross Revenue Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 42,500
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Discover the charm of Empire Inn and Bistro at 6 Stanley Road, Bloomfield. This boutique hotel offers 7 luxurious suites, including 4 Two Bedroom and 3 one-bedroom suites. Each thoughtfully equipped with kitchens or kitc...
Asking Price : $2,750,000
Gross Revenue Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 14,605
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Welcome To An Iconic Landmark Hotel Situated In The Heart Of Downtown Wiarton's Business Core. A Gateway To The Stunning Bruce Peninsula. This Historical Gem Offers Incredible Potential For Expansion And Is Just A 3-Minu...
Asking Price : $5,250,000
Gross Revenue Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 17,017
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
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...
Asking Price : $395,000
Gross Revenue Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 0
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Attention, aspiring entrepreneurs!An exceptional full-service hotel, strategically positioned on a major highway, attracting a steady stream of travellers. This family-owned establishment boasts an impressive array of am...
Asking Price : $8,000,000
Gross Revenue Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 63,540
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
What an opportunity! An amazing home w/ over 5,000 sq.ft of stunning living space or an amazing home w/ a wonderful secondary source of income. This 8 bdrm 7.5 bath luxurious villa inspired property is located 10 mins or...
Asking Price : $1,199,000
Gross Revenue Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 5,340
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Are financing and family important to you? Help your future with this unique 14 Guests Rooms and have a constant Income Producer. Pride of ownership with excellent income figures, Short Term Rent-accomodation, independen...
Asking Price : $3,064,000
Gross Revenue Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 13,649
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
NEWLY WELL BUILT SUPER 8 IN VERY GOOD TOWN, HARDISTY. 64 ROOMS WITH 21 KICHENETT. BEST HOTEL IN TOWN. ONE OF OIL STORAGE IN ALBERTA. GIBSONS PETROLEUM TANK FARM POSSESSES APPROXIMATELY 14 MILLION BARRELS OF STORAGE, COM...
Asking Price : $6,990,000
Gross Revenue Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 33,308
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Hotel main street Elbow S.K, supported by massive tourism, local customers and very profitable. OFF Sale liquor license included, VLT's room rentals, living quarters and many upgrades to the building, rooms, and equipmen...
Asking Price : $559,000
Gross Revenue Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 3,000
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
The Queen's Hotel in Sheho is FOR SALE!!! Your opportunity to own a Bar, Restaurant and Accommodations. 3 VLT's, liquor license and a very well equipped kitchen will get you well on the way to a successful business ventu...
Asking Price : $149,000
Gross Revenue Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 6,319
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Exciting opportunity! Potential Sport-Bar location in an active Central Alberta tavern - hotel - and restaurant, with an equipped liquor store included. The 160 seat tavern with 7 VLT terminals in a VLT lounge and separa...
Asking Price : $589,000
Gross Revenue Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 7,000
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
Located at the entrance of Whitecourt, this franchise hotel boasts both profitability and exceptional investment value. Situated on 2.2 acres of prime land, the property features 62 guest rooms, including 6 suites and 14...
Asking Price : $2,490,000
Gross Revenue Total income received prior to any expenses. : N/A
Cash Flow 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
: N/A
Size (sq ft) : 22,000
Monthly Rent/Sq. Ft. : N/A
Lease: # Years 0 # Renewals 0
The hospitality industry in Canada offers numerous opportunities for investors. As the world's second-largest country, Canada boasts diverse landscapes and cultural experiences, attracting tourists from around the globe. Several options are available if you are looking for hotels for sale in Canada. The hospitality industry in Canada offers promising investment opportunities, and finding the right hotel property can be a lucrative venture.
Why Invest in Canadian Hotels
Investing in hotels in Canada can yield substantial financial rewards due to the country's robust tourism industry. With a steady stream of international and local tourists, hotel owners can anticipate consistent demand. The favourable exchange rate and political stability further enhance Canada's attractiveness as a hotel investment destination.
The Canadian hotel market is as diverse as the country itself. There is a hotel property to match any investment strategy with urban luxury hotels, quaint bed-and-breakfasts in small towns, and everything in between.
There are several types of hotels available for purchase in Canada. Each offers its unique benefits and considerations.
Luxury hotels and resorts often command the highest prices. However, they also offer the most amenities and the highest return on investment. These properties are often located in major cities or popular tourist destinations.
Boutique hotels are smaller, more unique properties. They offer a personalized experience and are often located in fashionable, urban neighbourhoods or charming towns.
Budget-friendly hotels cater to travelers seeking affordable accommodation. These properties may lack some of the amenities of their more luxurious counterparts, but they offer considerable potential for high occupancy rates.
Bed and breakfasts provide an intimate, homely experience. They are often located in scenic or historic areas and can offer a high return on investment due to their lower operating costs.
Motels, both chain and independent, provide affordable accommodation for road travelers. They are typically located along highways or in smaller towns.
Several locations are particularly lucrative for hotel investments.
Toronto, serving as Canada's most populous city and a key global hub, presents a bustling market for hotels and a wide array of other businesses for sale, establishing itself as a fertile ground for diverse investment ventures in Canada.
The Toronto hotel market is characterized by steady demand driven by business travelers and tourists. The city's status as a significant economic and cultural center ensures a constant flow of visitors.
According to the City of Toronto, in 2019, the total number of hotel nights sold reached 6.4 million, and there were $6.5 billion dollars in visitor spending. The total economic impact for Toronto was $10.3 billion dollars.
There are many attractive hotels for sale in Toronto, from luxury downtown properties to affordable motels in the city's outskirts.
Vancouver is renowned for its stunning natural beauty, drawing tourists worldwide.
Vancouver's hotel market benefits from the city's popularity as a tourist destination. In addition, Vancouver's status as a gateway to the Pacific and its growing tech industry contribute to steady demand for hotel rooms.
Throughout 2022, Vancouver’s hotel market reached a room occupancy rate of 72.9%, which is also the highest amongst major Canadian urban hotel markets. This represents a 50.4% year-over-year growth in the utility of hotel room supply.
Hotels for sale in Vancouver range from luxury waterfront properties to budget-friendly hotels in the city's vibrant neighborhoods.
With its rich history and vibrant culture, Montreal is another attractive location for hotel investments.
Montreal's hotel market benefits from the city's strong tourism industry and its status as a hub for events and festivals.
Potential investors can find various hotels and businesses for sale in Montreal, from luxury properties in the city's historic center to budget-friendly options in trendy neighborhoods.
Calgary, a central hub for Canada's oil and gas industry, offers numerous opportunities for hotel investments.
Calgary's hotel market is driven by business travel related to the energy sector and tourism to nearby natural attractions.
Hotels for sale in Calgary range from upscale downtown properties to motels catering to highway travelers.
Other promising locations for hotel investments in Canada include rural retreats, lodges, up-and-coming cities, and tourist destinations.
Rural Retreats: Hotels in rural areas offer a tranquil getaway for travelers seeking peace and a connection with nature. Locations near national parks or regions of natural beauty can be particularly profitable.
Lodges: Lodges, especially those in regions popular for outdoor activities like the Rockies, present unique investment opportunities.
Up-and-Coming Cities: Cities like Halifax and Hamilton are developing rapidly and attracting more tourists. These cities provide growth potential for hotel investments.
Well-Known Tourist Destinations: Places such as Niagara Falls, Whistler, and Prince Edward Island consistently draw visitors, making them ideal locations for hotel investments.
Investing in Canadian hotels involves several legal and financial considerations.
Hotels in Canada must comply with various licensing and regulatory requirements, including health and safety regulations and liquor licensing laws.
Potential hotel buyers can explore various financing options, including commercial loans, owner financing, and real estate investment trusts (REITs). For a detailed guide on what to consider when exploring these options, check out our Hotel Investment Financial Checklist. This resource provides a comprehensive list of financial factors when investing in a hotel.
Buying a Hotel: A Financial Checklist (verdant.co)
Investing in a hotel in Canada can offer tax benefits, such as the ability to deduct business expenses. However, investors should also be aware of potential tax liabilities.
Canada welcomes international investors, and several immigration programs are available that could allow foreign hotel owners to move to Canada.
There are several resources and strategies to consider when looking for hotels in Canada.
A commercial real estate agent with experience in the hotel industry can be invaluable. They can provide access to listings, offer insights into market trends, and assist in negotiations.
Several online platforms list hotels for sale in Canada like FindBusinesses4Sale. The platform offers an easy-to-use interface where potential buyers can browse through a wide range of hotel listings across Canada. This platform provides a wealth of information for each listing, including location, price, photos, and a detailed property description. This allows investors to gather essential details about potential investments right from the comfort of their homes.
When considering a hotel investment, you should analyze more than just the price tag. The process involves a comprehensive examination of various aspects:
It's essential to consider not just the present but also the future. Investigate the local municipality's information and future development plans in the area. These factors could significantly impact the hotel business. Be informed about potential changes in the locale that could affect your investment.
The hotel's physical state and environmental compliance are critical. Examine the hotel's infrastructure and equipment, and scrutinize the outcomes of any environmental tests.
The structural condition and any potential environmental issues could considerably affect your investment. Rely on professionals such as licensed soil testers and inspectors for accurate assessments.
The success of your hotel investment depends on its attractiveness to tourists and the local demand. Study local tourism trends and demand indicators. The strength of the local tourism industry and the hotel's appeal to tourists are significant factors.
Remember, each step you take in understanding the market and the property gets you closer to a successful investment.
Once a suitable property has been identified, the following steps are negotiation and sale completion.
The first step in buying a hotel is making an offer. This should be based on a thorough evaluation of the property and its financial performance.
After an offer is accepted, the buyer should conduct due diligence. This includes a thorough inspection of the property and a detailed review of its financial and legal status.
Once due diligence is completed, the sale can be finalized. This involves signing a purchase agreement, paying the purchase price, and transferring property ownership.
Investing in hotels for sale in Canada can be a profitable venture. The country's stable economy, strong tourism industry, and diverse hotel market create numerous investor opportunities. If you are considering investing in this sector, several factors and resources exist to explore.
When considering investing in hotels in Canada, it's essential to weigh the advantages. The hotel industry in Canada offers a high potential for return on investment (ROI) and tax efficiency, making it an attractive option for investors. Additionally, many properties have room for improvement, allowing investors to add value and increase profitability over time.
Overall, Canada's hotel real estate market is a promising sector for investors. With a wide range of Canadian hotels for sale and opportunities for growth, now may be the perfect time to explore the possibilities in this thriving industry.
The future outlook for the Canadian hotel industry is promising. With the continued growth of tourism and a robust economy, demand for hotel accommodations is expected to remain strong. Additionally, unique opportunities may arise from shifting travel trends, such as increased interest in rural retreats and eco-tourism.
Despite the potential challenges, including economic fluctuations and changes in travel restrictions, the resilience of the Canadian hotel industry is evident. As long as people continue to travel for business or pleasure, there will always be a demand for accommodations. This makes investing in hotels a potentially profitable endeavour.
Remember, due diligence and a solid market understanding are key to success in hotel investment. Be prepared to take your time, research, and seek professional advice when necessary. The right opportunity is around the corner.
Join our buyer’s membership base for free with a valid email address and a strong password. You can access all our premium features as a qualified buyer on our website. Those features include saving your search results and accessing the same filters whenever you enter the site.
Plus, we'll send you email updates when we find a hotel for sale in Canada that fits all your needs, so you can be one step ahead of your competitors and the first to access premium listings.
Our listings are curated to feature properties with the most competitive prices in Canada, ensuring you find a hotel that fits your budget. Simply set your preferred price range using the filter function, and we'll handle the rest.
We know that buying or selling a business can be overwhelming, but we're here to guide you every step of the way. Contact us today, and let us help you make business sales and connect with the sellers to make a deal. Don't miss out on the perfect opportunity to achieve your business goals in Canada. Thanks to Find Businesses 4 Sale, finding the perfect hotel to start your future business has never been easier!
Is it lucrative to own a hotel?
Having a hotel can lead to substantial earnings, especially if you strike the right balance between location, pricing, the condition of the premises, promotional tactics, committed staff, and supportive stakeholders. Nonetheless, profitability is not guaranteed, so dedication and effort are required to see financial success.
Is buying a hotel a good investment?
There's a potential for significant returns due to steady demand. The consistent influx of tourists and travelers can ensure good financial outcomes for hotel investors. Furthermore, given the pivotal role of travel and tourism in the global economic framework, hotels play an essential role, making them a promising sector for investment.
What is the difference between a hotel and a motel in Canada?
While hotels might offer amenities like swimming facilities, spa services, and conference rooms, motels typically provide fewer specialty services, although they might have amenities like an outdoor swimming pool. However, both hotels and motels generally provide internet access to guests.
How are hotels regulated in Canada?
In Canada, the hotel sector is subject to rules and regulations set forth by various tiers of governance – including federal, provincial, and local (municipal or regional) authorities.
Is hospitality in high demand in Canada?
The tourism sector in Canada is flourishing, resulting in a heightened need for hospitality offerings. With its diverse attractions, from stunning nature spots to bustling urban centers, Canada attracts a multitude of visitors annually.
There are many great Hotels for sale in Canada, but some of the top-rated options include Hotel at 59 MAIN STREET , Hotel at 8 STARR PLACE and Hotel at 20 BECKWITH STREET N .
Yes, there are currently some interesting offers available for Hotels for sale in Canada. Check out the following links for more details:
Hotel at 59 MAIN STREET , Hotel at 8 STARR PLACE and Hotel at 20 BECKWITH STREET N .
The average price is around $2,992,429. However, prices can vary depending on factors such as location, size, and amenities.
If you're interested in Hotels for sale in Canada, be sure to click the link above to see all available offers and find your dream. Don't miss out on these amazing deals!
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