Active

15 Lake Dr N

Georgina Ontario, L4P 1A1

$4,200,000


$98.39 per sqft

Active

18 Baths

42,689 sqft

Commercial

The Strong Cash Flow and Land Banking Opportunity You Been Looking For. 19 Units Motel On Almost an Acre of Land. 9 2 Storey Townhouse Like Units. 14 Units Have Full Kitchen, New Drive Way & Parkings. Panoramic View of Lake Simcoe, Over 90% Occupancy, Stable Longer Term Guests, Minimum Turnover and Management. Proposed Keswick Secondary Plan Allows Commercial Uses Up To 8 Storey High. Value-Add Opportunities by Renovating the Remaining Units or Building New Units. Owner Willing To Stay On and Help With Transition.

N8310100

MLS ID

July 13, 2024

Updated

Map

15 Lake Dr N
Georgina Ontario, L4P 1A1

Interior Features

Total Bathrooms

18


Fireplace

No


Cooling

Yes


Cooling Description

Y


Heating

Yes


Heating Description

Baseboard

Exterior/Building Features

Lot Size

1.08 Acres

Other Property Details

Area Name

Historic Lakeshore Communities


Taxes

$23,000


Tax Frequency

Annually


Garage

No


Parking

None


View

No


County

Ontario


Municipality

Georgina


Water Source

Municipal


Pool

No


Zoning

Tourist Commercial

 

Courtesy of Listed by , ROYAL LEPAGE GOLDEN RIDGE REALTY,

Based on information from the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate.

©2024 Toronto Real Estate Board. All rights reserved. 

Data last updated 4:59 PM UTC, 7/13/2024

 

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