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55 Lake Drive

Georgina, L4P 1A5
4 Beds
4 Bath
2000-2500 sqft

$1,688,888

Est. Payment
$6,450/mo*
*Based on 20% down, 4% interest, 30-year term
Listed by CENTURY 21 LEADING EDGE REALTY INC.
DetachedMLS #N12116136New

Price comparison with similar homes in Georgina

Compared to 61 similar homes
21.0% Higher
Market Avg. of (61 similar homes)
$1,395,990

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licences real estate agent for accurate comparison

Room Details

RoomFeaturesLevel
Living Room
5.22 × 6.02 m
Overlook WaterHardwood FloorW/O To Deck
Upper
Dining Room
5.02 × 5.02 m
Overlook Water2 Pc BathLarge Window
Upper
Kitchen
5.23 × 3.34 m
W/O To DeckOverlook Water
Upper
Primary Bedroom
6.59 × 4.1 m
4 Pc EnsuiteClosetOverlook Water
Upper
Bedroom 2
3.66 × 3.51 m
Overlooks BackyardLaminate
Upper
Bedroom 3
3.51 × 2.73 m
Overlooks BackyardLaminate
Upper

Client Remarks

Attention Investors! An incredible investment opportunity awaits! Whether youre looking to grow your rental portfolio or start a vacation rental business, this property is packed with potential. This property is perfect for Airbnb or rental income ventures. Key features include: Legal duplex designation with a visible plate on the front of the house. Three units, each with private entrances, offering flexible rental options. Private dock and deeded lake access for year-round enjoyment. The town has started the process for owner purchase of the waterfront land across the street an exciting added value opportunity! 200-amp electrical service, ensuring reliable power for all units. Metal Roof, Furnace 2021 , A/C 2022 , Hot water Tank Owned 2016 . Basement walls Double Insulated. A spacious three-door garage for storage or additional use. A large lot with plenty of parking in both the front and back. This property has incredible potential, whether for short-term rentals, long-term tenants, or a mix of both. UPPER & BASEMENT UNITS, Already ( TENANTED ). Legal Duplex With 3rd Sep. Unit In Bsmnt (Can Apply To Make 3rd Unit Legal) On Massive Waterfront Lot! Widens To 82Ft In Rear. Unobstructed Western Lakefront Views! Private Dock + Steps To Boat Launch. Detached 3.5 Car Garage. Instant Lake Access In Winter For Ice Fishing! Upper Unit 1500Sqft: 4 Bedrooms(Converted To 3) + 2 Baths, Kitchen, Dining, Laundry, 2 Decks (Front And Back). Main Unit 550Sqft: 1 Bedroom + 1 Bath, Kitchen, Dining And Walk-Out Patio. Bsmnt Unit 450Sqft: Walk-Up Big Bachelor + 1 Bath + Side Private Patio. The seller assumes no responsibility for the accuracy of measurements or any others. The buyer is advised to conduct their own independent investigations and due diligence."

About This Property

55 Lake Drive, Georgina, L4P 1A5

Property Type
Detached
Lot Size
.50-1.99 acres
Style
Sidesplit 3
Living Area
N/A

Home Overview

Basic Information

Last Updated
Virtual Tour
N/A
Basement
Apartment, Crawl Space
Building Size
N/A
Status
In-Active
Property Type
Detached
Maintenance Fee
N/A
Year Built
2024
satellite view
Walk around the neighborhood
55 Lake Drive, Georgina, L4P 1A5
Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

Mortgage Information

Estimated Payment

$0 Principal and Interest

walking  Walk Score for 55 Lake Drive

Default Agent

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