15 LAKE DRIVE N, Georgina (Historic Lakeshore Communities)
· 18 BATHS · 0.98 ac
$4,200,000
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.
General Info
MLS Listing ID: N11938546 | Bedrooms: 0 | Bathrooms: 18 | Year Built: 0 |
Listing Type: Business | Half Baths: N/A | Fireplace Fuel: N/A | Maintenance Fee: N/A |
Foundation: N/A | Roof: N/A | Title To Land: N/A | Parking Space Total: 0 |
Parking: N/A | Heating: Baseboard heaters | Size: 0.98 ac | Air Conditioning : Fully air conditioned |
Home Style: N/A | Finished Floor Area: N/A | Fireplaces: N/A | Basement: N/A |
Water Supply: Municipal water | Road Type: N/A | Pool Type: N/A |

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