15 Lake Drive N, Georgina, ON L4P 1A1
$3,200,000
$3,200,000
MLS®#:
N12920660
Property Type:
Investment
Property Style:
Area:
York
Community:
Historic Lakeshore Communities
Taxes:
$24,000 / 2025
Added:
March 25 2026
Lot Frontage:
175.07
Lot Depth:
268.17
Status:
Active
Outside:
Year Built:
Brokerage:
ROYAL LEPAGE GOLDEN RIDGE REALTY
Lot :

268

175

BIG LOT

Lot Irregularities:
Irregular
Intersection:
Church St & Lake Dr North
Rooms:
Bedrooms:
Bathrooms:
18
Fireplace:
Utilities
Water:
Municipal
Cooling:
Yes
Heating Type:
Baseboard
Heating Fuel:

Listing Details

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.

Insights

  1. Investment Potential: The property consists of 19 units, including nine townhouse-like units, providing diverse rental opportunities. With the proposed Keswick Secondary Plan allowing for commercial uses up to 8 stories high, there is significant potential for future development and increased revenue.
  2. Scenic Location: Situated on almost an acre of land with a panoramic view of Lake Simcoe, this property offers a desirable location that can attract tourists and long-term tenants alike, enhancing its rental appeal.
  3. Value-Add Opportunities: There are opportunities to renovate the remaining units or build new ones, allowing a buyer to increase property value and rental income through strategic improvements and updates.

Neighborhood Overview

Complete neighborhood profile for 15 Lake Drive N

Historic Lakeshore Communities home prices

Average sold price for Detached, Semi-Detached, Condo, Townhomes in Historic Lakeshore Communities
* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)