Double Lot Bungalow With Artist Studio Near Lake Simcoe Beach

Property details for 61 Edith Street, Georgina

Type: Residential
Style: Bungalow
Bedrooms: 3
Bathrooms: 2
Lot Size: 150 x 100 FT
Stories: 1
Basement: Partially finished, Full
Parking: Attached Garage, Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Brick
Ownership: Freehold
Annual Taxes: $5,400

Just a few blocks from the private sandy beach on Lake Simcoe, this double lot at 61 Edith Avenue in Georgina gives you two separate dwellings on one 150 by 100 foot property. The main house is a brick bungalow with 3 bedrooms and a full, partially finished basement that has its own separate entrance, a rec room, an office, and a laundry area. There's also an artist studio out back with its own kitchen and washroom, which opens up a lot of options for a workspace, guest suite, or rental. Inside the bungalow you get parquet, linoleum, and vinyl flooring, forced air gas heat, central air, and a wood burning fireplace that's sold as-is along with all appliances, including two fridges, a stove, washer, dishwasher, and central vacuum. Parking is not an issue with an attached garage and room for 8 vehicles total. The lot is flat, fenced, backs onto green space, and even has a sump pump. You're 2.3 km from Sutton District High School, 1.6 km from The Briars, and under 5 km to Sibbald Point Provincial Park. Taxes run $5,399.87 a year and the price is $799,800, which sits below the nearby median sold price of $825,000.

About 61 Edith Street, Georgina — Property Score

Score: 65/100

Value

Priced 9.4% below area median of $882,500 based on 166 comparable properties nearby 84

Stable pricing - no price changes since original listing date 50

Size

3 bedrooms - typical for similarly priced homes 60

2 bathrooms - typical for similarly priced properties 60

15,000 sqft lot - an oversized lot for the area 90

Location

$72K median household income - near the Canadian average of $70K 66

82% of residents hold postsecondary credentials - a highly educated neighbourhood 90

79% homeownership rate - indicating a stable, owner-occupied community 85

32% of residents commute under 30 minutes - longer average commute times 55

424/km² population density - a rural or semi-rural setting 55

Market

Just listed - area average is 63 days on market 100

-15.2% median price change over 1 month - declining prices in the area 1

90.7 months of housing supply - 272 active listings with 3 sold last month (buyer's market) 40

Features

8-car garage - more than the area average of 7.1 spots 95

Partially finished, Full basement - potential for additional finished space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

1 fireplace - a desirable feature for Canadian winters 75

No premium extras like pool, waterfront, or view 50

Investment

0.68% effective tax rate ($5,399/yr) - below the Canadian average of ~1% 80

21% renter population - primarily owner-occupied area 55

Quality

Condition

Listing

6 photos provided - below the area average of 38 photos 60

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.