$4,200,000
15 Lake Drive, Georgina, ON L4P 1A1
Property Description
Property type
Investment
Lot size
N/A
Style
Approx. Area
0.98 Sqft
About 15 Lake Drive
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.
Home Overview
Last updated
Jan 24
Virtual tour
None
Basement information
Building size
0.98
Status
In-Active
Property sub type
Investment
Maintenance fee
$N/A
Year built
--
Additional Details
Price Comparison
Location
Shally Shi
Sales Representative, Dolphin Realty Inc
MORTGAGE INFO
ESTIMATED PAYMENT
Some information about this property - Lake Drive
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