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Last Updated : 429 Days ago
15 Lake Dr N, Georgina, Ontario, Historic Lakeshore Communities

15 Lake Dr N, Georgina MLS Number: N11938546

Historic Lakeshore Communities, Georgina, York, ON, L4P 1A1

$4,200,000

Status: OFF MARKET

  • Property Type: Commercial (Investment)
  • Property Taxes : $23000.00 (Tax Year:2024)
  • Listing Courtesy : Royal Lepage Golden Ridge Realty

15 Lake Dr N 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.

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15 Lake Dr N Property Facts

Property Type :Commercial
MLS Number :N11938546
Listing Type :Sale
Possession Date :
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Last Updated :24 Jan, 2025 (429 Days ago)
Source :TRREB
Area :York
Postal Code : L4P 1A1
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15 Lake Dr N Property Price & Tax Insights

Price : $4,200,000
Property Taxes :$23000.00
Tax Year :2024

15 Lake Dr N, Georgina Property Details

Cross Street :Church St & Lake Dr North

15 Lake Dr N, Georgina - Price History

2024-05

06 May, 2024

TREB #N8310100

Available

$4200000.0

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15 Lake Dr N - Location Map and Landmarks

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