Active
15 Lake Dr N
Georgina Ontario, L4P 1A1
C$4,200,000
C$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
October 2, 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.
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Data last updated 2:14 AM UTC, 10/2/2024