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Itamar Teich, Sales Representative 416-739-7200 Email Itamar
TORONTO REALTY ENGINEER Helping You Engineer Your Real Estate Portfolio

Georgina (Ontario, CA - L4P 1A1)
$3,450,000

Sutton Group-Admiral Realty Inc., Brokerage


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Itamar Teich, Sales Representative
416-739-7200(Office)
416-823-8735(Cell)
416-739-9367(Fax)


 
Details

Type: Commercial
Style:  Multi-Use
Bathrooms: 18
Basement: Yes "Y"
Lot Size: ¬†0.98acres¬† 175.07ft x 268.17ft "175.07 ft X 268.17 ft Irregular"
Taxes: $21,000.00 (2019)
MLS® #: N4817072
 
Description

Excellent Location, Right Cross From Water With No Obstruction. The Only Motel In Keswick. All Year Around Business. Can Run As Motel Or Long Term Rental. 15 Units And Owner Apartment (13 Kitchens And 18 Washrooms). Potential Development For Low Rise Condos, Town House Or Retire Home Building.
 
Highlights

Cooling: Air Conditioning Heating: Baseboard
Many Upgrades, Well Known In Local And Us As Well For Fishing & Ice Fishing . Revenue Over 300K Annually. Property Management Service Might Be Available To Help A New Owner Chattels Included
Open 7 days a week Freestanding
Gross Income: 320000, Net Income Before Debt: 190000, Hydro Expense: 16200, Insurance Expense: 5500, Taxes Expense: 21000, Water Expense: 9600, Total Expenses: 112300 Retail Area: %
Sewer/Water Systems: Water Source: Municipal

Brokered and Advertised by:
   Sutton Group-admiral Realty Inc.
 
P2#1325434674

Information is deemed to be correct but not guaranteed.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.