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15 Lake Drive N
Historic Lakeshore Communities Georgina L4P 1A1

$4,200,000 /For Sale
Commercial

Main Photo: 15 Lake Drive N in Georgina: Historic Lakeshore Communities Property for sale : MLS®# N8310100
Photo 1: 15 Lake Drive N in Georgina: Historic Lakeshore Communities Property for sale : MLS®# N8310100
Photo 2: 15 Lake Drive N in Georgina: Historic Lakeshore Communities Property for sale : MLS®# N8310100
Photo 3: 15 Lake Drive N in Georgina: Historic Lakeshore Communities Property for sale : MLS®# N8310100
Photo 4: 15 Lake Drive N in Georgina: Historic Lakeshore Communities Property for sale : MLS®# N8310100
Photo 5: 15 Lake Drive N in Georgina: Historic Lakeshore Communities Property for sale : MLS®# N8310100
Photo 6: 15 Lake Drive N in Georgina: Historic Lakeshore Communities Property for sale : MLS®# N8310100
Photo 7: 15 Lake Drive N in Georgina: Historic Lakeshore Communities Property for sale : MLS®# N8310100
Status:
Active
Prop. Type:
Commercial
MLS® Num:
N8310100
Bus Major:
Hotel/Motel/Inn
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.
Church St & Lake Dr North
Property Type:
Commercial
Commercial Type:
Investment
Depth:
268'2"
Frontage:
175'1"
Total Area:
42,688.8 sq. ft.
Retail Area:
0 sq. ft.
Bathrooms:
18.0
Zoning:
Tourist Commercial
Heating type:
Baseboard
Basement:
None
Garage:
None
Possession Details:
TBA
Lot Irregularities:
Irregular
Taxes:
$23,000 / 2023
Assessment:
$- / -
Utilities:
Y
Green Property Information Statement:
No
Energy Certification:
No
Water supply:
Municipal
Seller Property Info Statement:
No
Air Conditioning:
Y
Chattels:
Yes
Log/Bldg/Unit Code:
Building
Sprinkler system:
No
Type Taxes:
Annual
Category:
Accommodation
Major Business Type:
Hotel/Motel/Inn
Employees:
0
Financial Statements:
Yes
Franchise:
No
Freestanding:
Yes
Date Listed:
May 06, 2024
Original Price:
Previous Price:
  • Photo 1: 15 Lake Drive N in Georgina: Historic Lakeshore Communities Property for sale : MLS®# N8310100
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Listed by ROYAL LEPAGE GOLDEN RIDGE REALTY
Data was last updated October 26, 2024 at 11:55 AM (UTC)
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the Toronto Regional Real Estate Board. The data is deemed reliable but is not guaranteed to be accurate.