1354 METRO ROAD, Georgina (Historic Lakeshore Communities)

$3,200,000

For sale: Other

Other at 1354 METRO ROAD, Georgina (Historic Lakeshore Communities)
Property type
Sale Of Business
MLS®
MLS® N13700402
Neighbourhood
Historic Lakeshore Communities

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.

Sold data

Homes in Georgina (Historic Lakeshore Communities) — recent sold market

Homes in Georgina (Historic Lakeshore Communities) took a median of 28 days to sell over the last 90 days, with the quickest quarter selling within 17 days and the slowest quarter taking more than 49, across 200 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 62 days.

The median sale price was $799,000.

Homes sold for about 3.2% below asking on average, so there was room to negotiate.

About 10% of sales closed above the list price.

Around 27% of sellers reduced their price before finding a buyer.

Median days to sell
28
Median sale price
$799,000
Sale-to-list ratio
96.8%
Sold above asking
10%

Based on 200 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near 1354 METRO ROAD