948 Lake Drive, Georgina, ON
Property Highlights
Welcome to this remarkable 2-Storey fourplex located in the coveted neighborhood of Sutton & Jackson's Point. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $925,000 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.
- 7 Bedrooms and 4 Bathrooms with 4 functional kitchens
- Generous living space spanning 3000-3500 sqft on a premium 57.66 x 100 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available
- Notable attributes: None, Accessory Apartment
- equipped with wall unit(s) central cooling and highly efficient baseboard heating via electric
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.4 fridges, 4 stoves, 2 heat pumps, 2 hot water tanks. New Roof (2024)
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Property Summary
This fourplex located at 948 Lake Drive, Georgina is currently for sale and has been available on SousaSells for 49 days. This property is listed at $925,000 with an estimated mortgage of $3,079* per month. It has 7 beds, 4 bathrooms, and is 3000-3500 square feet. 948 Lake Drive, Georgina is in the Sutton & Jackson's Point neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 7 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in Sutton & Jackson's Point, Georgina.
- •7 spacious bedroom layout offering versatile living space
- •4 well-appointed bathrooms
- •3000-3500 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Sutton & Jackson's Point, Georgina.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Beach
- Marina
- Park
- Place Of Worship
- School
- Golf
Interior Features
- None
- Accessory Apartment
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 948 Lake Drive, Georgina, ON
Q.What is the asking price for 948 Lake Drive, Georgina, ON ?
The current listing price for 948 Lake Drive, Georgina, ON in Sutton & Jackson's Point, Georgina is $925,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 7 bedrooms and 4 bathrooms across approximately 3000-3500 sqft.
Q.What property type and architectural style is 948 Lake Drive, Georgina, ON ?
948 Lake Drive, Georgina, ON is a Fourplex (2-Storey) featuring a Finished basement.
Q.What key property features does 948 Lake Drive, Georgina, ON offer?
Key property features include: Beach, Marina, Park, Place Of Worship, School, Golf.
Q.What interior features are included in this home?
Interior highlights include: None, Accessory Apartment.
Q.Is parking available at this property?
Yes, this property offers parking space for 6.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Electric and cooling via Wall Unit(s).
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Sutton & Jackson's Point, Georgina
22 assaults (45.0/100k)
12 B&E (40.0/100k)
16 thefts (45.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 948 Lake Drive E, Georgina, ON L0E 1L0
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 $925,000 in Georgina, the legal minimum down payment is $67,500 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 $14,975 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 $14,975.
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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.
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