948 Lake Drive E, Georgina
Welcome to this rare income-generating fourplex, ideally located in the heart of Jacksons Point just steps from Lake Simcoe, beaches, parks, shops, and restaurants. This well-maintained property features four self-contained units, each offering comfortable layouts and strong rental appeal.Whether you're an investor looking for steady cash flow or a buyer seeking a multi-generational living opportunity, this property delivers flexibility and long-term value. Three of the suites feature two spacious bedrooms and one full bathroom, while the fourth suite offers a cozy one-bedroom layout, also with a full bathroom. Each unit is self-contained and separately metered, giving tenants independence and reducing management complexity for the owner. With its versatile unit mix, this property appeals to a wide range of tenants, from professionals and couples to small families. Investors will appreciate the steady rental demand in Jacksons Point, a community known for its blend of small-town charm and recreational lifestyle, while residents enjoy easy access to parks, beaches, marinas, and year-round outdoor activities.Tenants enjoy the convenience of on-site parking, private entrances, and easy access to local amenities, while owners benefit from consistent rental income in a highly desirable lakeside community. With Jacksons Point continuing to grow as a sought-after destination for year-round living and recreation, this fourplex is a prime opportunity to secure a strong-performing asset in a thriving market.4 fridges, 4 stoves, 2 heat pumps, 2 hot water tanks. New Roof (2024) (id:1945)
This listing content provided by
REALTOR.ca
has been licensed by REALTOR®
members of The Canadian Real Estate Association
members of The Canadian Real Estate Association
Property details for 948 Lake Drive E, Georgina
- Type
- Multi-family
- Bedrooms
- 7
- Bathrooms
- 4
- Lot Size
- 57.7 x 100 FT
- Stories
- 2
- Basement
- Finished, N/A
- Parking
- No Garage
- Heating
- Baseboard heaters, Electric
- Cooling
- Wall unit
- Exterior
- Brick
- Annual Taxes
- $4,612
Nearby Listings Stat
Estimated price and comparable properties near 948 Lake Drive E
Active Listings
1
Min Price
$925,000
Max Price
$925,000
Avg Price
$925,000
Days on Market
81
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
July 16, 2026
by RE/MAX HALLMARK YORK GROUP REALTY LTD.
Current Price
$925,000
-5.1% from last change
Type
Multi-family
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $925,000 | $50,000 (-5.1%) |
| Jul 16, 2026 | $975,000 | Listed |
