15 Lake Drive N, Georgina, Ontario L4P 1A1

Listed for:
$4,200,000
0 beds
18 baths
Listed 66 days ago
15 Lake Drive N, Georgina, Ontario L4P 1A1

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Learn more about this property
Listing provided by:
ROYAL LEPAGE GOLDEN RIDGE REALTY
MLS® number:
N11938546
Agent:
Kai Zhang
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About

Church St & Lake Dr North The Strong Cash Flow and Land Banking Opportunity You Been Looking For. 19 Units Motel On Almost an Acre of Land. Nine 2 Storey Townhouse Like Units. 14 Units Have Full Kitchen, Others with Kitchenette, 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. (id:27476)

Property Highlights

MLS® Number
N11938546
Type
Business
Community Name
Historic Lakeshore Communities
Land Size
Bldg=175.07 x 268.17 FT ; Irregular

Building

Square Footage
0.98 ac
Bathrooms Total
18
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Baseboard heaters
Heating Fuel
Building Cooling Type
Fully air conditioned

Utilities

Water
Municipal water

Location