1031 Lake Drive
Historic Lakeshore Communities, Georgina, L4P 3E9
FOR SALE
$1,229,000
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3 + 1
BEDROOMS 4
BATHROOMS 1 + 1
KITCHENS 9 + 3
ROOMS N13240790
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Property 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.
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Sold History
| List Date | Sold Date | Days Listed | List Price | Sold Price |
|---|---|---|---|---|
| 2024-03-08 | 2024-04-12 | 35 | $1,299,999 | $1,270,000 |
Property Features
Golf, Lake Access, Public Transit, School Bus Route, Central Vacuum, Private Double
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Property Details
Address
1031 Lake Drive
Community
City
Postal Code
L4P 3E9
Property Type
Detached, Detached
Lot Size
50' x 271'
Taxes
$7,420 (2025
Basement
Apartment, Finished
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
6
Garage Type
Attached
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Listing contracted with New Era Real Estate
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