15 Lake Drive N, Georgina, Ontario L4P 1A1 (27837571)
18 Bathroom
0.98 Acres
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. 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:54662)
Business
| Business Type | Accommodation |
| Business Sub Type | Motel |
Property Details
| MLS® Number | N11938546 |
| Property Type | Business |
| Community Name | Historic Lakeshore Communities |
Building
| Bathroom Total | 18 |
| Cooling Type | Fully Air Conditioned |
| Heating Type | Baseboard Heaters |
| Size Interior | 0.98 Acres |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 268 Ft ,2 In |
| Size Frontage | 175 Ft |
| Size Irregular | Bldg=175.07 X 268.17 Ft ; Irregular |
| Size Total Text | Bldg=175.07 X 268.17 Ft ; Irregular |
| Zoning Description | Tourist Commercial |
Interested in 15 Lake Drive N, Georgina, Ontario L4P 1A1?
Kai Zhang
Salesperson
Royal LePage Golden Ridge Realty
8365 Woodbine Ave. #111
Markham, Ontario L3R 2P4
8365 Woodbine Ave. #111
Markham, Ontario L3R 2P4
(905) 513-8878
(905) 513-8892
www.goldenridgerealty.com/