Tej Thakor Broker of Record / Owner 647-684-1731
For Sale
MLS®# X13214296

4 Highway 531, Bonfield, ON P0H 1B0

Bonfield, ON P0H 1B0

$939,700 Est. $3,991/mo · 20% down, 25-yr, 4.09%
450 × 770 ftLot
InvestmentType

About this property

Exceptional opportunity to own a well-established, turnkey business situated on approximately 3.5 acres of well-maintained, usable land in a high-traffic Northern Ontario location. This long-time family-operated property currently features seven motel rooms (one converted into a bakery, easily reverted), each equipped with two queen beds, mini-fridge, microwave, coffee maker, air conditioning, and private washroom. The main building includes a restaurant with two commercial kitchens, a full apartment above, and a partially finished basement offering additional storage or recreational space. Outdoor highlights include ample parking, two pickup windows, an ice cream station, and both indoor and outdoor seasonal seating areas. Surrounded by lakes, snowmobile, ATV, and hiking trails, this property draws year-round visitors and offers excellent potential for expansion or diversified business use. A rare chance to invest, live, and work in the heart of beautiful Northern Ontario.

Property Summary

Property TypeInvestment
Community NameBonfield
Land Size450 x 770 ft
Annual Property Taxes$7,095.00
Tax Year2025
Parking TypeOutside/Surface Garage

Building details

Bathrooms / washrooms0
Property typeInvestment

Lot & land

Lot dimensions450 × 770 ft
Lot frontage450 ft
Lot depth770 ft

Interior Features

InclusionsCarbon Monoxide Detector, Dishwasher, Dryer, Freezer, Furniture, Smoke Detector, Stove, TVTower/Antenna, Washer, patio furniture and gazebos as viewed, restaurant furniture as viewed,appliances as viewed, cookware as viewed

Building Features

StyleInvestment
Fire ProtectionNo

Heating & Cooling

CoolingYes
Heating TypeElectric Forced Air

Utilities

Utility SewerSeptic

Parking

Parking TypeOutside/Surface Garage

Taxes & fees

Annual taxes$7,095 (2025)

Listing history

On market sinceMay 26, 2026

Location

Bonfield, ON P0H 1B0
Listed by NON-NBARA OFFICE, Brokerage · Listing data sourced from TRREB®, refreshed nightly.
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The trademarks REALTOR®, REALTORS®, MLS®, Multiple Listing Service® and the associated logos are owned or controlled by The Canadian Real Estate Association (CREA). Used under licence. Information deemed reliable but not guaranteed. Tej Thakor is a Broker of Record at Royal LePage Terra Realty.
Call Tej Now 647-684-1731
4 Highway 531, Bonfield, ON P0H 1B0