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$ 4,200,000
Est. payment /mo
Active
15 LAKE DRIVE N Georgina (historic Lakeshore Communities), ON L4P1A1
18 Baths
1 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1 sqft
Price per Sqft $4,200,000
Subdivision Historic Lakeshore Communities
MLS® Listing ID N11938546
Lot Size 0.980 Acres
Acres 0.98
Source Toronto Regional Real Estate Board
Property Description
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:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Private Pool No
Listed by ROYAL LEPAGE GOLDEN RIDGE REALTY