Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Historic Lakeshore Communities. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,229,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Welcome to lakeside living by beautiful Lake Simcoe! Situated directly across the street from the lake on an impressive 50 x 271 ft lot, this unique property offers over 3,300 sq. ft. of total living space and is currently fully rented, with both the upper residence and basement suite tenanted, making it an excellent opportunity for investors or future end users.The spacious upper residence features large windows with views toward the lake and expansive backyard, vaulted ceilings in the open-concept living and kitchen area, custom finishes throughout, and an impressive primary bedroom retreat complete with reading and TV areas and a custom 4-piece spa-inspired ensuite. The upper-level deck provides a peaceful setting to enjoy the surrounding lake views.The fully finished 1-bedroom basement suite features an upgraded ensuite bathroom, walk-in closet, separate laundry and private side entrance, providing a functional and self-contained additional living space.The oversized backyard offers a patio, deck, expansive lawn and fire pit, while Lake Simcoe is easily accessible via a permanent dock approximately 500 metres from the property for swimming, fishing and water sports.Conveniently located close to marinas, shops, schools, hiking trails, beaches and major transportation routes. A rare opportunity to own a fully tenanted property near Lake Simcoe, offering immediate rental income and excellent future flexibility.
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This detached home located at 1031 Lake Drive, Georgina is currently for sale and has been available on zoozaa for 92 days. This property is listed at $1,229,000 with an estimated mortgage of $4,091* per month. It has 4 beds, 4 bathrooms, and is 2000-2500 square feet. 1031 Lake Drive, Georgina is in the Historic Lakeshore Communities neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 4 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in Historic Lakeshore Communities, Georgina.
Growing families needing multi-bedroom flexibility and space in Historic Lakeshore Communities, Georgina.
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The current listing price for 1031 Lake Drive, Georgina, ON in Historic Lakeshore Communities, Georgina is $1,229,000.
This property features 4 bedrooms and 4 bathrooms across approximately 2000-2500 sqft.
1031 Lake Drive, Georgina, ON is a Detached (2-Storey) featuring a Apartment, Finished basement.
Key property features include: Golf, Lake Access, Public Transit, School Bus Route.
Interior highlights include: Central Vacuum.
Yes, this property offers parking space for 8.0 vehicles (Attached).
Heating is provided via Gas and cooling via Central Air.
Request a live agent video tour or get 3D virtual walkthrough access for 1031 Lake Drive, Georgina, ON .
Historic Lakeshore Communities, Georgina
22 assaults (45.0/100k)
12 B&E (40.0/100k)
16 thefts (45.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 1031 Lake Drive N, Georgina, ON L4P 3E9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Georgina.
About Purchasing a Home in Georgina, ON
For a property listed at $1,229,000 in Georgina, the legal minimum down payment is $245,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $21,055 for this transaction. As this listing is in Georgina (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $21,055.
Comprehensive city-wide demographics, local real estate stats, and school rankings for Historic Lakeshore Communities, Georgina.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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