Listing Serial No.
Price
Description
INVESTMENT SUMMARY
DESCRIPTION: Lakeshore Manor is a three-storey wood frame building
that contains approximately 46,211 square feet. It was constructed as a hotel in 2016 and retrofit for senior’s home use in 2021.
Unit Mix The unit mix includes 80 studio units that vary in size from 315 square feet to 428 square feet and the Development Permit (DP) application for 15 units of 900 sq ft apartments is currently being processed.
SITE AREA: 1.50 acres, more or less.
ZONING: DC(TCC) (Town Centre Commercial District).
YEAR BUILT: 2016 as a hotel and 2021 converted to as a senior residence
Level of Care Independent living. Class D Assisted Living Complexes
REVENUE 2024 : $2,229,993,2025 (Expectation) :$2,358,374, 2026: $2,476,293