Address
15 Lake Drive N, Georgina, ON
Price
$ 3,200,000
Property Attributes
  • ID#N12920660
  • TypeCommercial
  • Listing Status New
  • CityGeorgina
  • AreaHistoric Lakeshore Communities
  • NeighbourhoodHistoric Lakeshore Communities
  • Postal CodeL4P 1A1
  • StyleHotel/Motel/Inn
  • Taxes$ 24000
  • Price$ 3,200,000
  • Bedrooms0
  • Full Bathrooms19
  • Half Bathrooms0
Data Source:
Toronto Real Estate Board (TRREB)
Property Description

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. 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.

Price History
3/25/2026 Listed $3,200,000

General Features

Cooling Yes
Utilities Yes
Security Features No
Heater Type Baseboard
Property Subtype Investment
Tax Year 2025
Lot Depth 268.17
Business Type Hotel/Motel/Inn
County York
New Construction No
Property Type Commercial
Attached Garage No
Garage Y/N No
Status New
City Georgina
Senior Community Y/N No
Lot Size Units Feet
Property Attached Y/N No
Tax Annual Amount 24000.0
Building Area Units Acres
Standard Status Active
Occupancy Type Tenant
Legal Description Lots 29 & 30 Plan 94 & Pt.Lt 2 Plan 315

Interior Features

Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Elevator? No
Total Baths 19

Exterior Features

Lot Features Irregular Lot
Garage Type None
Spa No
Building Area Total 0.85
Waterfront Y/N No
LotDimensionsSource Other

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in L4P 1A1

Price
AVG $2.13M
$3.2M
Taxes
AVG $24,000
$24,000
Visits
AVG 91
271
Data Provided by Inside Real Estate®