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BEDROOMS2
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KITCHENS7
ROOMSN9390522
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Property Description
Welcome to the Gray Cottage. Offered for sale for the first time in over 60 years, this 3-season cottage is nestled on 70ft of prime Lake Simcoe shorefront, offering a peaceful retreat surrounded by towering trees and lush natural landscapes. The Gray Cottage maintains its nostalgic charm with a cozy interior that features 4 spacious bedrooms, 2 powder rooms & a separate shower room. Entertain guests with ease in the open-concept living/dining that features a large stone fireplace w/woodstove insert, large breakfast bar, and oversized windows with westerly exposure for breathtaking views of infamous Lake Simcoe sunsets. Walk to the waters edge where the rhythmic sound of waves lapping the natural shoreline is a constant companion, adding to the cottage's tranquil atmosphere. The Gray Cottage stands as a symbol of continuity, representing the alluring tradition of Lake Simcoe's cottage culture.
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Property Features
Beach, Clear View, Golf, Lake/Pond, School, Waterfront
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Property Details
Street
Community
City
Property Type
Cottage, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
70' x 221'
Fronting
West
Taxes
$6,290 (2024)
Basement
Crawl Space
Exterior
Wood
Heat Type
Other
Heat Source
Wood
Air Conditioning
None
Water
Well
Parking Spaces
6
Driveway
Front Yard
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 10.63' x 15.91' | Open Concept, Breakfast Bar, Picture Window |
| Living | Main | 13.81' x 17.06' | Overlook Water, W/O To Deck, Fireplace Insert |
| Dining | Main | 18.67' x 13.06' | Overlook Water, O/Looks Family, Window |
| Br | Main | 9.19' x 10.73' | Closet, Window, O/Looks Frontyard |
| 2nd Br | Main | 8.96' x 10.73' | Closet, Window, O/Looks Frontyard |
| 3rd Br | Main | 9.02' x 10.70' | Closet, Window, O/Looks Frontyard |
| 4th Br | Main | 10.63' x 9.78' | Closet, Window, Overlook Water |
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Georgina Market Statistics
Georgina Price Trend
28 McRae Beach Rd S is a 4-bedroom 2-bathroom home listed for sale at $1,149,900, which is $162,900 (16.5%) higher than the average sold price of $987,000 in the last 30 days (October 22 - November 20). During the last 30 days the average sold price for a 4 bedroom home in Georgina declined by $136,800 (12.2%) compared to the previous 30 day period (September 22 - October 21) and down $164,555 (14.3%) from the same time one year ago.Inventory Change
There were 32 4-bedroom homes listed in Georgina over the last 30 days (October 22 - November 20), which is down 5.9% compared with the previous 30 day period (September 22 - October 21) and up 23.1% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Georgina typically sold ($26,200) (2.7%) below asking price over the last 30 days (October 22 - November 20), which represents a $6,740 increase compared to the previous 30 day period (September 22 - October 21) and ($54,533) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in Georgina over the last 30 days (October 22 - November 20) stood at 15.6%, down from 29.4% over the previous 30 days (September 22 - October 21) and down from 34.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in Georgina stood at 34 days when successfully sold over the last 30 days (October 22 - November 20), compared to 56 days before being removed from the market upon being suspended or terminated.Listing contracted with Keller Williams Realty Centres
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