15 LAKE DRIVE N, Georgina, Ontario
$4,200,000
- 18 Baths
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:23309)
- Listing ID: N8310100
- Property Type: Business
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 15 LAKE DRIVE N in Georgina Ontario. It was last modified on May 6th, 2024. Contact Tom Linkletter to schedule a viewing or to discover other Georgina real estate for sale.