15 Lake N Drive, Georgina, ON L4P 1A1

  • $4,200,000
15 Lake N Drive, Georgina, ON L4P 1A1
  • N11938546
  • MLS® Number
  • Investment, Commercial
  • Property Type
  • 18
  • Bathrooms
  • 0.98
  • Sqft
Active For Sale
15 Lake N Drive, Georgina, ON L4P 1A1
15 Lake N Drive, Georgina, ON L4P 1A1
  • $4,200,000

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.

Details

MLS® Number
N11938546
Bathrooms
18
Property Size
0.98 Sqft
Updated on January 24, 2025 at 2:57 pm

Additional details

  • Utilities: Yes
  • Cooling: Yes
  • County: York
  • Property Type: Commercial Sale

Address

  • Address 15 Lake N Drive
  • City Georgina
  • State/county ON
  • Zip/Postal Code L4P 1A1
  • Country CA

Contact Information

Firas AL-Rifay
  • Firas AL-Rifay
  • +1 (647) 242-6988 WhatsApp
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Firas AL-Rifay
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