924 & 926 Lake Drive, Georgina, ON
Property Highlights
Welcome to this remarkable land located in the coveted neighborhood of Sutton & Jackson's Point. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $888,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 84 x 95 ft lot size
Description
A rare chance to build on Lake Simcoe. Two contiguous, fully serviced parcels in the heart of Jackson's Point, assembled into one development site of approximately 85 by 95 feet (about 8,075 sq ft), zoned General Commercial (C1) and ready to go. The flexibility is the story: build up to three commercial storeys as-of-right, or create a mixed-use building with five residential units above ground-floor commercial through a purchaser-led rezoning, a form already permitted on the block next door. A complete concept design and a municipal pre-consultation are in hand, putting you well ahead of a blank lot. Set in a designated growth area within a Community Improvement Plan that incentivizes redevelopment, near the beach and harbour, with the new Bradford Bypass improving GTA access. Flexible, expandable commercial frontage. Bring your vision to one of Lake Simcoe's original waterfront villages.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 924 & 926 Lake Drive E, Georgina, ON L4P 3E9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Georgina, ON
For a property listed at $888,000 in Georgina, the legal minimum down payment is $63,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $14,235 for this transaction. As this listing is in Georgina (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $14,235.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
