Over-the-water boathouse living on Lake Simcoe

Property details for 55 Malone Road, Georgina

Type: Residential
Bedrooms: 2
Bathrooms: 1
Lot Size: 82.3 x 97.8 FT
Basement: Finished, Full, Separate entrance, N/A, N/A
Parking: No Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Vinyl siding
Ownership: Freehold
Annual Taxes: $3,300

You're basically living on the lake here. The house sits over a wet slip boathouse with deeded water access, so you can walk out your door and drop straight into your boat. Jackson's Point Harbour is right there, and the views are the kind you don't get tired of. That main floor has one bedroom, a den that could easily be a second, and a three-sided gas fireplace that warms the living space from multiple angles. Recent updates mean new flooring and carpets, plus the mechanicals are fresh. Downstairs, aside from the boathouse, there's a finished rec room with a separate entrance and another bedroom, so guests or older kids get their own space. The lot is 82 by 98 feet, which is plenty for a lake house, and there's parking for two cars. You've got municipal water and sewer, central air, and forced air gas heating, so it's a year-round home, not just a summer shack. Taxes run about $3,300 a year, and the price at $774,900 lands close to the neighbourhood median of $786,950. You're a quick drive to Sutton District High School, and The Briars resort is less than a kilometre away if you want a fancy dinner. Sibbald Point Provincial Park is about 3.7 km out, great for hiking or beach days. This is a rare setup, and it's got that cottage feel but with all the modern comforts.

About 55 Malone Road, Georgina — Property Score

Feature Rich Great Location

Score: 66/100

Value

Priced 0.1% above area median of $774,450 based on 92 comparable properties nearby 70

Stable pricing - no price changes since original listing date 50

Size

2 bedrooms - 1 fewer than similarly priced 3-bedroom homes nearby 48

1 bathroom - 1 fewer than similarly priced properties nearby 48

8,049 sqft lot - a generous lot for the area 78

Location

$67K median household income - near the Canadian average of $70K 64

85% of residents hold postsecondary credentials - a highly educated neighbourhood 92

85% homeownership rate - indicating a stable, owner-occupied community 90

46% of residents commute under 30 minutes - good commuting convenience 67

1,066/km² population density - a well-balanced suburban area 81

Market

Just listed - area average is 49 days on market 100

-2.9% median price change over 1 month - stable pricing in the area 36

269 months of housing supply - 269 active listings with 1 sold last month (buyer's market) 40

Features

2-car garage - area average is 7 spots 80

Finished, Full, Separate entrance, N/A, N/A basement - adds valuable living space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

Waterfront, View - premium features that add significant value 80

Investment

0.43% effective tax rate ($3,299/yr) - very low tax burden 87

17% renter population - primarily owner-occupied area 50

Quality

Condition

Listing

49 photos provided - 32% more than the area average of 37 photos 92

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.