Forgot password Extend Verify Contact

15 Lake Drive N
Historic Lakeshore Communities York L4P 1A1

$4,200,000 /For Sale
Commercial

Main Photo: 15 Lake Drive N in York: Historic Lakeshore Communities Commercial for sale (Georgina) : MLS®# N11938546
Photo 1: 15 Lake Drive N in York: Historic Lakeshore Communities Commercial for sale (Georgina) : MLS®# N11938546
Photo 2: 15 Lake Drive N in York: Historic Lakeshore Communities Commercial for sale (Georgina) : MLS®# N11938546
Photo 3: 15 Lake Drive N in York: Historic Lakeshore Communities Commercial for sale (Georgina) : MLS®# N11938546
Photo 4: 15 Lake Drive N in York: Historic Lakeshore Communities Commercial for sale (Georgina) : MLS®# N11938546
Photo 5: 15 Lake Drive N in York: Historic Lakeshore Communities Commercial for sale (Georgina) : MLS®# N11938546
Photo 6: 15 Lake Drive N in York: Historic Lakeshore Communities Commercial for sale (Georgina) : MLS®# N11938546
Status:
Active
Prop. Type:
Commercial
MLS® Num:
N11938546
Bus Major:
Hotel/Motel/Inn
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.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
42689 sq. ft. Acres
Total Area:
42,688.8 sq. ft.
Retail Area:
0 sq. ft. %
Depth:
268'2"
Frontage:
175'1"
Lot Details:
175.07 x 268.17 Feet (Irregular)
Bathrooms:
18.0
Water supply:
Municipal
Rooms:
0
Zoning:
Tourist Commercial
Heating type:
Baseboard
Cooling:
Yes
Garage:
None
Possession Details:
TBA
Lot Irregularities:
Irregular
HST Applicable To Sale Price:
Yes
Type Taxes:
Annual
Taxes:
$23,000 / 2024
Assessment:
$- / -
Georgina
Historic Lakeshore Communities
York
Irregular Lot
No
HWT
None
Utilities:
Yes
Air Conditioning:
Yes
Seller Property Info Statement:
No
Major Business Type:
Hotel/Motel/Inn
Category:
Accommodation
Franchise:
No
Date Listed:
Jan 24, 2025
Original Price:
Previous Price:
  • Photo 1: 15 Lake Drive N in York: Historic Lakeshore Communities Commercial for sale (Georgina) : MLS®# N11938546
    Photo 1 of 6
  • Photo 2: 15 Lake Drive N in York: Historic Lakeshore Communities Commercial for sale (Georgina) : MLS®# N11938546
    Photo 2 of 6
  • Photo 3: 15 Lake Drive N in York: Historic Lakeshore Communities Commercial for sale (Georgina) : MLS®# N11938546
    Photo 3 of 6
  • Photo 4: 15 Lake Drive N in York: Historic Lakeshore Communities Commercial for sale (Georgina) : MLS®# N11938546
    Photo 4 of 6
  • Photo 5: 15 Lake Drive N in York: Historic Lakeshore Communities Commercial for sale (Georgina) : MLS®# N11938546
    Photo 5 of 6
  • Photo 6: 15 Lake Drive N in York: Historic Lakeshore Communities Commercial for sale (Georgina) : MLS®# N11938546
    Photo 6 of 6
Larger map options:
Larger map Satellite map Street View Walkscore
Listed by ROYAL LEPAGE GOLDEN RIDGE REALTY
Data was last updated April 27, 2025 at 09:15 PM (UTC)
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.