15 LAKE DRIVE N Georgina

15 LAKE DRIVE N, Georgina

$4,200,000

  • 18

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:58875)

  • Listing ID: N11938546
  • Property Type: Business
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Details

  • Transaction: For sale
  • Zoning Description: Tourist Commercial

Building

  • Cooling: Fully air conditioned
  • Fireplace Present: False
  • Bathrooms (Total): 18
  • Heating: Baseboard heaters
  • Size Interior: 0.98 ac
  • Utility Water: Municipal water

Land

  • Size Depth: 268 ft ,2 in
  • Size Frontage: 175 ft
  • Size Irregular: Bldg=175.07 x 268.17 FT ; Irregular

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This property for sale, located at 15 LAKE DRIVE N in Georgina, was last modified on January 23rd 2025. Let us connect you with one of our real estate agents to schedule a viewing or to find other properties for sale in Georgina.

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