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15 Lake Drive

15 Lake Drive

Georgina, ON

  • 19 bath
  • 0.85 sqft
  • Investment
  • 163 days on market
$3,200,000

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.

Listing Details

Taxes (2025)
$24,000
Listed
March 25, 2026

Price History

Listing history

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Property

Lot Size
175.07 x 268.17 Feet

Parking

Garage
None

Location & Legal

Cross Street
Church St & Lake Dr North
Zoning
Tourist Commercial
Possession
Flexible
Occupancy
Tenant

Commercial

Business Type
Hotel/Motel/Inn

Community

Postal area L4P

Population
29,861
Private dwellings
11,365
Median age
40.4
Average household size
2.7
Median household income
$102,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Georgina · last 12 months

Median sold price
$780,000
Homes sold
621
Median days on market
23
Sale-to-list price
96.8%

Based on 621 recorded sales of commercial properties in Georgina over the last 12 months.

Listed by

ROYAL LEPAGE GOLDEN RIDGE REALTY

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Annual property tax
$24,000

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions Panoramic view of Lake Simcoe. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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