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Kannan Panchalingam, Sales Representative
Cell: 647-928-8889
Work Phone: 416-298-8383
Email Kannan
The key to selling your home!
Kannan Panchalingam, Sales Representative

Georgina ( Ontario, CA - L4P 1A1) Built

$3,450,000

Century 21 Innovative Realty inc., Brokerage

Kannan Panchalingam, Sales Representative Kannan Panchalingam, Sales Representative 416-298-8383 (Office) 647-928-8889 (Cell) Request More Info

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

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.
Listing Agent: Marvin Newman (416) 739-7200
P2#1325434674
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Information is deemed to be correct but not guaranteed.

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