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. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
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.
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$15,016/mo
Mortgage (principal + interest)$11,971
Property taxFrom listing: $36,534/yr$3,045
Minimum 20% ($640,000 on this price) applies to homes priced over $1.5M in Canada; the slider starts at 20%. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$640,000
Ontario land transfer taxProvincial brackets, no first-time refund$66,475
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$709,275
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Georgina has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. 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.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
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