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Re-listed 116 days ago

523 Lake Dr, Georgina, Ontario L0E 1S0

Detached
3 + 1
3
~2500-3000 sqft
$•••,•••
$1,699,000
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Detached
3 + 1
3
~2500-3000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$623/sqft

Est. Mortgage$7,296/mo

Tax Amount (2024)$6,098/yr

Days On Market116 days

Total Days On Market271 days


Description

The Perfect Renovated Waterfront Detached Bungalow * Enjoy Over 3000 Sqft of Total Living Space * Gated Private Access To Breathtaking Views of Lake Simcoe W/ Seasonal Dock * Huge Potential Income of $8,000/Month Through Airbnb * Premium Lot W/ 215 Ft of Depth W/ No Sidewalk * Fully Private Front yard Surrounded W/ Lush Hedges & Gardens * Elegant Cedar Shake Exterior W/ Durable Steel Roof Installed in 2015 * Beautifully Renovated Living Room Perfect For Entertainments W/ Tastefully Designed Architectural High Ceiling & Recessed Lighting W/ Oversized Windows Overlooking Lake Simcoe & Direct Access To The Deck * Open Concept Family Room W/ Gas Fireplace Perfect For Gatherings * Spacious Chef's Kitchen W/ Built-In Dining Area With a Charming Double Sided Aquarium * 4 Spacious Bedrooms W/ Ample Closet Space * Direct Access To The Detached Insulated Double Door Garage From Inside * A Fully Equipped In-law Suite W/ Private Terrace & New 6 Seater Hot Tub, It's Truly a Gem, DONT MISS, MUST SEE!!! **EXTRAS** Rare Water front Detached Bungalow * Enjoy 3,000 SqFt Of Total Living * Upgraded SS Appliances * New 6 Seater Hot Tub * Perfect Opportunity for Both Families & Investors * Fully Insulated Crawl Space On Slab & 4 Blocks.


Property Details

StyleBungalow
View-
Age of property-
SqFt~2500-3000 SqFt
Lot Size10,658 SqFt(225.91 x 47.18)
Parking Spaces7
MLS ®NumberN11925676
Community NameNeighborhood of Georgina
Data SourceTRREB
Listing byHOMELIFE EAGLE REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Crawl Space

Main Floor

Laundry

2.5 x 2.5

Closet

Kitchen

4.5 x 2.5

Open Concept

Living

6.4 x 6.2

hardwood floor / Recessed Lights / Overlook Water

Primary

7.0 x 3.5

Closet / Large Window / Pot Lights


Features

Lot size: 10,658 SqFt

Parking

Garage spaces 2

Garage type Detached

Other parking spaces 5

Total parking spaces 7


Property History

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Price changeActive
$•••,•••
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Re-listed
$•••,•••
116 days on market
history photo preview16
Listing by trreb®
Property listed by HOMELIFE EAGLE REALTY INC., 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

31 days

Compared to

2024

23 days

2023

24 days

2022

11 days

New Listings

Past 30 days

183 listings

Compared to

2024

153 listings

2023

120 listings

2022

178 listings

Units sold

Past 30 days

36 units

Compared to

2024

58 units

2023

70 units

2022

68 units

Median Sold Price

Past 30 days

$845,000

Compared to

2024

$900,000

2023

$886,250

2022

$917,500


Population and Demographics

Overview

Total population 47693
Average household income $127,528

Age (%)

50 to 64
24%
0 to 19
21%
35 to 49
19%
20 to 34
18%
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%

Schools and amenities

Estimated Budget