Home with brick exterior material, street for 948 Lake Dr, Georgina Ontario L0E 1L0
2 days on Market

948 Lake Dr, Georgina, Ontario L0E 1L0

Townhouse
7
4
~3000-3500 sqft
$1,025,000
Get pre-qualifiedPowered by Neo Mortgage
Buy with Wahi to get
Up to
$10,250Cashback
Townhouse
7
4
~3000-3500 sqft

Contact us about this property

Call

Highlights

Property Estimate

Days on market2 days

Estimated valueNot available

Price/Sqft$317/sqft

Monthly cost

Open Calculator

CMA Subject Property

Curious about what homes are selling for in this area?

Get a report on comparable homes with helpful insights and trends.

+6

Properties sold*

$770K

Median sold price*

*Based on last 30 days

Description

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.


Property Details

Style2-Storey
View-
Age of property-
SqFt~3000-3500 SqFt
Lot Size5,766 SqFt(100 x 57.66)
Parking Spaces6
MLS ®NumberN12378455
Community NameNeighborhood of Georgina
Data SourceTRREB
Listing byKELLER WILLIAMS REALTY CENTRES

Features

Heating: Baseboard
Cooling: Wall Unit
Basement: Finished

Features

Lot size: 5,766 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 6


Property History

Sep 3, 2025
ListedActive
$1,025,000
2 days on market
history photo preview40
Listing by trreb®

Market Data - Neighborhood of Georgina

Geo Zone Map ThumbnailNeighborhood of Georgina

Strong Buyer's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

40 days

Compared to

2024

41 days

2023

13 days

2022

30 days

New Listings

Past 30 days

12 listings

Compared to

2024

9 listings

2023

4 listings

2022

8 listings

Units sold

Past 30 days

1 unit

Compared to

2024

6 units

2023

2 units

2022

6 units

Median Sold Price

Past 30 days

$718,000

Compared to

2024

$769,950

2023

$720,000

2022

$705,000


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