1031 Lake Drive N, Georgina
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. (id:1945)
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Property details for 1031 Lake Drive N, Georgina
- Type
- Residential
- Bedrooms
- 4
- Bathrooms
- 4
- Lot Size
- 50 x 271 FT
- Stories
- 2
- Basement
- Finished, Apartment in basement, N/A, N/A
- Parking
- Attached Garage, Garage
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Exterior
- Brick
- Ownership
- Freehold
- Annual Taxes
- $7,420
Nearby Listings Stat
Estimated price and comparable properties near 1031 Lake Drive N
Active Listings
1
Min Price
$1,229,000
Max Price
$1,229,000
Avg Price
$1,229,000
Days on Market
124
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days
Price History
Listed
June 4, 2026
by NEW ERA REAL ESTATE
Current Price
$1,229,000
-2.5% from last change
Type
Residential
For Sale
Price Changes
2
| Date | Price | Change |
|---|---|---|
| Current | $1,229,000 | $30,999 (-2.5%) |
| Jun 4, 2026 | $1,259,999 | $15,000 (-1.2%) |
| Mar 30, 2026 | $1,274,999 | Listed |