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N4817072
$3,450,000

15 Lake Dr (Church St & Lake Dr North)

Price: $3,450,000

Status: For Sale 

MLS®#: N4817072

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$3,450,000
  • Tax: $21,000/Annual (2019)
  • Maintenance:$12,000
  • Community:Historic Lakeshore Communities
  • City:Georgina
  • Type:Commercial
  • Style:Commercial/Retail
  • Bath:18
  • Size: 1 Sq Ft
  • Basement:Y

Features:

  • HeatingBaseboard
  • Sewer/Water SystemsMunicipal

Listing Contracted With: SUTTON GROUP-ADMIRAL REALTY INC., BROKERAGE

Description

Excellent Location, Right Cross From Water With No Obstruction. The Only Motel In Keswick. All Year Around Business. Access To The Water. Can Run As Motel Or Long Term Rental. Currently 80% Month To Month Rental And 20% Daily Guests. 95% Occupancy. 15 Units And Owner Apartment (13 Kitchens And 18 Washrooms). Potential Development For Low Rise Condos, Town House Or Retire Home Building. The Income Is Still Stable Even Covid.


Highlights

Many Upgrades, Well Known In Local And Us As Well For Fishing & Ice Fishing . Revenue Over 300K Annually. Property Management Service Might Be Available To Help A New Owner

Want to learn more about 15 Lake Dr (Church St & Lake Dr North)?

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Maytal Kotler

Real Estate Professional

SUTTON GROUP-ADMIRAL REALTY INC.

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