LOADING

15 Lake Drive N Georgina, Ontario L4P 1A1

18 Bathroom 0.98 ac
Fully Air Conditioned Baseboard Heaters

$4,200,000

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. (id:39551)

Business

BusinessType Accommodation
BusinessSubType Motel

Property Details

MLS® Number N8310100
Property Type Business
Community Name Historic Lakeshore Communities

Building

BathroomTotal 18
CoolingType Fully Air Conditioned
HeatingType Baseboard Heaters
SizeInterior 0.98 Ac
UtilityWater Municipal Water

Land

Acreage No
SizeDepth 268 Ft ,2 In
SizeFrontage 175 Ft
SizeIrregular Bldg=175.07 X 268.17 Ft ; Irregular
SizeTotalText Bldg=175.07 X 268.17 Ft ; Irregular
ZoningDescription Tourist Commercial

https://www.realtor.ca/real-estate/26852899/15-lake-drive-n-georgina-historic-lakeshore-communities-historic-lakeshore-communities

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