A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 1031 Lake Dr, Georgina Ontario L4P 3E9
Re-listed 95 days ago

1031 Lake Dr, Georgina, Ontario L4P 3E9

Detached
3 + 1
4
~2000-2500 sqft
$•••,•••
$1,229,000
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Detached
3 + 1
4
~2000-2500 sqft

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Highlights

Property Estimate

Days on market95 days

Total days on market
361 days

Estimated valueNot available

Price/Sqft$553/sqft

Monthly cost

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Description

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.


Property Details

Style2-Storey
ViewLake
Age of property6-15
SqFt~2000-2500 SqFt
Lot Size13,550 SqFt(271 x 50)
Parking Spaces8
MLS ®NumberN13240790
Community NameNeighborhood of Georgina
Data SourceTRREB
Listing byNEW ERA REAL ESTATE

Features

Heating: Forced Air
Central Vacuum
Cooling: Central Air
Fireplace
Basement: Apartment, Finished

Main Floor

Dining

4.96 x 4.34

hardwood floor / Window

Family

4.96 x 4.34

hardwood floor / Fireplace / Combined W/Sunroom

Living

5.13 x 3.03

Hardwood Floor

Kitchen

8.46 x 5.53

hardwood floor / W/O To Patio


Features

Lot size: 13,550 SqFt

Parking

Garage spaces 2

Garage type Attached

Other parking spaces 6

Total parking spaces 8


Property listed by NEW ERA REAL ESTATE, Brokerage
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Market Data - Neighborhood of Georgina

Geo Zone Map ThumbnailNeighborhood of Georgina

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

37 days

Compared to

2025

37 days

2024

39 days

2023

29 days

New Listings

Past 30 days

173 listings

Compared to

2025

165 listings

2024

138 listings

2023

122 listings

Units sold

Past 30 days

44 units

Compared to

2025

66 units

2024

54 units

2023

60 units

Median Sold Price

Past 30 days

$807,500

Compared to

2025

$832,500

2024

$875,000

2023

$835,000


Population and Demographics

Overview

Total population 47693
Average household income $127,528

Age (%)

0 to 19
21%
20 to 34
18%
35 to 49
19%
50 to 64
24%
65 and plus
17%

Household composition (%)

Single family
71%
Single person
24%
Multi person
4%
Multi family
1%

Mother tongue (%)

English
90%
Others
6%
Russian
1%
Yue (Cantonese)
1%

House tenancy (%)

Owners
81%
Renters
19%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget