N8310100 | 15 LAKE DRIVE N

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15 LAKE DRIVE N
Georgina Ontario , L4P1A1 , Canada

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$4,200,000.00

MLS® N8310100

Commercial

Lot Size:	Bldg=175.07 x 268.17 FT ; Irregular
Floor Space (approx):	0.98 Acres
Total Bathrooms:	18

Remarks:

The Strong Cash Flow and Land Banking Opportunity You Been Looking For. 19 Units Motel On Almost an Acre of Land. 9 2 Storey Townhouse Like Units. 14 Units Have Full Kitchen, 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. (id:7526)

Property Features:

Property Type: Business

Building Features:

Cooling Type: Fully air conditioned
Heating Type: Baseboard heaters

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