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For saleMLS® N12920660

15 Lake Drive N, Georgina, ON L4P 1A1

Historic Lakeshore Communities · L4P 1A1

$3,200,000

$86 / sq ft

7 months on market

Bathrooms
19
Total area
37,026 sf
Lot
175.07 × 268.17 ft

What's special

  • Yes

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About this property

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.

Property details

Property

Property type
investment
Bathrooms
19
Interior size
37,026 sq ft
Lot size
175.07 × 268.17 ft
Zoning
Tourist Commercial
Possession
TBA

Interior

Heating
Baseboard
Cooling
Yes

Costs

List price
$3,200,000
Property taxes
$24,000 / year (2025)
Price per sq ft
$86

Listing

MLS® number
N12920660
Status
For sale
Listed
March 25, 2026
Days on market
224
Last updated
August 27, 2026
Listing brokerage
ROYAL LEPAGE GOLDEN RIDGE REALTY

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

Mortgage estimate

Down payment20.0% · minimum $640,000
$640,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$14,154.68
Property tax (est.)
$2,000.00
Estimated monthly
$16,155

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$66,475
Total due on closing
$66,475

An estimate on the asking price of $3,200,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of ROYAL LEPAGE GOLDEN RIDGE REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$3,200,000

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