15 Lake Dr N

Georgina | Historic Lakeshore Communities | L4P 1A1
  • 0.98 sqft
  • 0 gar

$4,200,000

Est. Mtg $14,241 /mo
  • Days on market

    60

  • Status

    A

Listing Broker ROYAL LEPAGE GOLDEN RIDGE REALTY
Since listed: 3 views

Home details

MLS #:

N8310100

Property type:
Investment
Style:
Taxes:
$23,000
Possession:
TBA
Condo Fee:
Lot Size:
175.07 X 268.17
Zoning:
Tourist Commercial
Use:
Hotel/Motel/Inn
Heat:
Baseboard

Description


15 Lake Dr N, , Georgina, Ontario is a Investment property in Georgina and in the Historic Lakeshore Communities community in the L4P 1A1 postal code


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..

Extras

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Payment calculator

$16158 monthly. In association with: TD Bank
%
  • Principal and Interest
    14241 /mo
  • Property Taxes
    $1916 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Hamid Shahsavar, Realtor

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