15 Lake Dr N Georgina, Ontario L4P 1A1

18 Bathroom
Fully Air Conditioned Baseboard Heaters

$6,600,000

The Strong Cash Flow and Land Banking Opportunity You Been Looking For. 19 Units Motel On Almost an Acre of Land with 9 2 Storey Townhouse Like Units. 14 Units Have Full Kitchen, 2 Units Have Been Fully Updated, Work Has Started On Another 6 Units, New Drive Way & Parkings Being Paved. Panoramic View of Lake Simcoe, Over 90% Occupancy, Currently Tailored To Mostly 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 **** All Existing Appliances and Fixtures, Guests' Belongings Excluded. (id:26892)

Property Details

MLS® Number N6152396
Property Type Business
Neigbourhood Keswick
Community Name Historic Lakeshore Communities

Building

Bathroom Total 18
Cooling Type Fully Air Conditioned
Heating Type Baseboard Heaters
Utility Water Municipal Water

Land

Acreage No
Size Irregular Bldg=175.07 X 268.17 Ft ; Irregular
Size Total Text Bldg=175.07 X 268.17 Ft ; Irregular

https://www.realtor.ca/real-estate/25715275/15-lake-dr-n-georgina-historic-lakeshore-communities

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What Client say about us

Roxanne Miller Oshawa

Our real estate experiences had not been very positive over the past 12 years until we met Tula Thomas. Tula’s real estate expertise, her incredible knowledge of the area we were moving to (Oshawa), and most importantly her honesty made our house purchasing and lifestyle change experience very manageable. Tula was supportive every step of… Read more “Roxanne Miller Oshawa”

Roxanne Miller Oshawa

Frank & Cindy Geard

Dear Broker, Our experience with Tula Thomas was an exceptional one. We found her to be professional, knowledgeable and went above and beyond our expectation. We would highly recommend her to all of our family and friends, in fact we have. She helped in the purchase of my daughter and son in laws first home.… Read more “Frank & Cindy Geard”

Frank & Cindy Geard

Sally and Pat

Thank you for making the sale of our property so seamless. With your experience, we got $15,100.00 more than what we were told was the highest we could get for it. We are over the moon with the results and we can’t thank you enough for all you’ve done. We have told many of our… Read more “Sally and Pat”

Sally and Pat

Terri – Tony

We would recommend Tula Thomas to anyone we know who is buying or selling a home. Tula helped us with the challenge of finding the perfect home for a very particular 28 year old. We couldn’t have done it without her knowledge, professionalism, patience and mostly her quick action. Tula offered us great advice on… Read more “Terri – Tony”

Terri - Tony 3156 Concession Rd. 8, Orono, Ontario L0B 1M0

Lorraine Strelesky

Tula Thomas recently helped us locate and purchase a home in Oshawa. She is very experienced and helpful and went beyond our expectations , even calling on closing to ensure things were moving as planned. We highly recommend Tula and perhaps we will work together again.

Lorraine Strelesky

Adam & Melissa

Tula, With deepest sincerity, we want to express how grateful we are with your professionalism, attention to details and willingness to “shout from the rooftops” in order to sell our home. Thank you, Thank you, Thank you! Best wishes to you and Hayley Adam, Melissa, Dayna & Linda.

Adam & Melissa