ON > Georgina > Historic Lakeshore Communities
Georgina, ON L4P 1A1,15 Lake DR N
Georgina, ON L4P 1A1,15 Lake DR N
Georgina, ON L4P 1A1,15 Lake DR N
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
Sat
10
May
Sun
11
May
Mon
12
May
Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681
$4,200,000
Est. payment /mo
18 Baths
Save

UPDATED:

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Subdivision Historic Lakeshore Communities

MLS Listing ID N11938546

Annual Tax Amount $23,000

Tax Year 2024

Property Sub-Type Investment

Lot Depth 268.17

Lot Front 175.07

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.

Location

Province ON

County York

Community Historic Lakeshore Communities

Area York

Zoning Tourist Commercial

Interior

Cooling Yes

Exterior

Utilities Available Yes

Lot Frontage 175.07

Lot Depth 268.17

Building

Lot Description Irregular Lot

Others

Security Features No

Read Less Info
Listed by ROYAL LEPAGE GOLDEN RIDGE REALTY

Get More Information

agent

Gail Reeves Reid

+1(416) 540-8681

Broker | License ID: 9520476

Broker License ID: 9520476

Name

Phone*

Message

I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Gail Reeves Reid, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.