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List Price: $4,200,000

15 Lake Drive, Georgina, L4P 1A1

- By ROYAL LEPAGE GOLDEN RIDGE REALTY
Investment|MLS - #N11938546|New
Bed
18 Bath
0.98 Sqft.
None Garage

Client Remarks

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.
Property Description

15 Lake Drive, Georgina, L4P 1A1

Property type

Investment

Lot size

N/A acres

Style

Approx. Area

0.98 Sqft

Home Overview

Last check for updates

Virtual tour

N/A

Basement information

Building size

0.98

Status

In-Active

Property sub type

Maintenance fee

$N/A

Year built

--

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15 Lake Drive, Georgina, L4P 1A1
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Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Commercial PropertiesProperty Management

Mortgage Information

Estimated Payment

$0 Principal and Interest

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