1354 Metro Road, Georgina (Historic Lakeshore Communities) - Business for Sale
1354 Metro Road, Georgina (Historic Lakeshore Communities), Ontario, L0E1S0
This business in Georgina is for sale. It has been on the market 75 days, fresher than the Georgina average of 84 days.
Description
Exceptional opportunity to acquire Lotis Marina, an established marina and marine business at 1354 Metro Road North in Georgina, serving the Lake Simcoe boating community. Situated on approximately 15.6 acres across three parcels, the property features a protected harbour with extensive covered and open-slip capacity, providing a strong foundation for seasonal docking and marine-related revenue.The property supports a full-service marine operation with an established service and repair shop, together with a store/office with showroom supporting boat sales, administration and day-to-day operations. Existing apartment space provides an additional residential opportunity for an owner/operator or staff, subject to confirmation of permitted use and legal status.Lotis Marina benefits from established marine industry relationships, with current dealer/franchise lines including Mercury, Vexus, Garmin, MirroCraft and Power-Pole.The main marina lands are subject to the Town of Georgina's Commercial Recreation zoning framework under Zoning By-law 600, supporting marina and leisure vehicle sales uses together with a range of recreational and tourism-related opportunities.With its substantial landholding, protected harbour, established marine business, service facilities and prominent Metro Road location, Lotis Marina represents a rare opportunity to acquire both commercial real estate and an operating marine business in the Lake Simcoe market. Buyers to conduct their own due diligence regarding zoning, permitted uses, LSRCA requirements and future development potential. (id:66096)
Property Details
- MLS®
- N13700402
- Property Type
- Business
- Business Type
- Recreation
- Zoning
- C5
- Lot Size
- 15 acres
- Frontage
- 16 m
- Heating
- Forced air
- Cooling
- Fully air conditioned
- Property Tax
- $36,534/yr
- Listed
- 75 days ago
Features
- Lot Features
- Irregular lot size
Services
- Water
- Drilled Well
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 75 days on market, against an average age of 84 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 36 days on the market over the past year, against a median of 48 days across the markets we publish.
This business in Georgina (Historic Lakeshore Communities) has been listed for 75 days, which is 9 days fresher than the city average of 84. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L0E)
This home lists at $3,200,000, about 35.6× the local median household income of $90,000.
Carrying it typically needs a household income of about $625,072 (20% down, 25-yr amortization, stress-tested) — roughly 595% above the area median.
- Median household income
- $90,000
- Population
- 21,898
- Median age
- 46.8
- Owner / renter
- 84% / 17%
- Avg. household size
- 2.5
Source: Statistics Canada, 2021 Census (FSA L0E)
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$3,200,000
Georgina