$4,200,000
( $98.39Per Sq Foot )
$22,547 est/mo Sourced by Back At You15 Lake Drive , Georgina, ON L4P 1A1
Georgina, ON L4P 1A1
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# | N11938546 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Days On Site | 87 |
| Listing Provided By | ROYAL LEPAGE GOLDEN RIDGE REALTY | N11938546 162100 |
Features
| Bath(s) | 18 |
|---|---|
| SQ Feet | 42,688 |
| Acreage | 0.98 |
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Learn More About This Property
| Province | ON |
|---|---|
| County | York |
| City | Georgina |
| Postal Code | L4P 1A1 |
| Area | Historic Lakeshore Communities |
| Listing VS Median (In L4P 1A1) | |
Price: $4,200,000 low | high Med: $4,200,000 SqFt: 42,688 low | high Med: 42,688 $ / SqFt: $98 low | high Med: $98 On site: 87 low | high Med: 87.000000 | |
Listing Updated: April 8, 2025 at 2:30:08 AM PDT