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
Georgina, ON L4P 1A1,15 Lake DR N
Georgina, ON L4P 1A1,15 Lake DR N
Georgina, ON L4P 1A1,15 Lake DR N
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Fawad Nissari

Fawad Nissari

+1(416) 878-1085
$ 4,200,000
Est. payment | /mo

18 Baths

Save
$ 4,200,000
Est. payment | /mo
Save

18 Baths

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

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

Interior

Heating Yes

Cooling Yes

Exterior

Utilities Available Yes

Lot Frontage 175.07

Lot Depth 268.17

Building

Lot Description Irregular Lot

Others

Security Features No

Listed by ROYAL LEPAGE GOLDEN RIDGE REALTY
advisor-avatar

When it comes to Real Estate, it's not just a transaction; it's a relationship built on trust and honesty. I understand that buying or selling a home is one of the most significant financial decisions you will make in your lifetime, and that's why I take my role very seriously. I make it my mission to ensure that my clients are well informed and comfortable with the process every step of the way.

+1(416) 878-1085

fawad.nissari@exprealty.com

420 Main St E Unit 556, Milton, ON, L9T 5G3, CAN

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