512 Lake Dr S

FOR SALE
$989,900
512 Lake Dr S, Georgina
512 Lake Dr S
512 Lake Dr S
512 Lake Dr S
512 Lake Dr S
512 Lake Dr S
512 Lake Dr S
512 Lake Dr S
512 Lake Dr S
512 Lake Dr S
512 Lake Dr S
512 Lake Dr S
512 Lake Dr S
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2
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
N9270608
MLSID
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Property Description
Home On A Large Lot With Mature Trees. Direct Access To Water And Clear View Of The Lake. Approximately 1 Hour Drive From Toronto. Short Closing Preferred
Property Features
Beach, Lake/Pond, Waterfront
Property Details
Street
Community
Property Type
Detached, Other
Approximate Sq.Ft.
700-1100
Lot Size
50' x 346'
Lot Irregularities
Lot Size Source GeoWarehouse
Fronting
West
Taxes
$5,170 (2024)
Basement
Crawl Space
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
4
Driveway
Available
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain9.91' x 9.15'
LivingMain13.32' x 16.90'
DiningMain13.32' x 16.90'
BrMain7.22' x 11.32'
2nd BrMain7.05' x 12.66'
Georgina Market Statistics
Georgina Price Trend
512 Lake Dr S is a 2-bedroom 1-bathroom home listed for sale at $989,900, which is $298,300 (43.1%) higher than the average sold price of $691,600 in the last 30 days (August 21 - September 19). During the last 30 days the average sold price for a 2 bedroom home in Georgina increased by $23,489 (3.5%) compared to the previous 30 day period (July 22 - August 20) and up $82,315 (13.5%) from the same time one year ago.
Inventory Change
There were 28 2-bedroom homes listed in Georgina over the last 30 days (August 21 - September 19), which is up 47.4% compared with the previous 30 day period (July 22 - August 20) and up 7.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Georgina typically sold ($14,700) (2.1%) below asking price over the last 30 days (August 21 - September 19), which represents a $5,696 increase compared to the previous 30 day period (July 22 - August 20) and $5,742 less 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 2-bedroom homes in Georgina over the last 30 days (August 21 - September 19) stood at 53.6%, up from 47.4% over the previous 30 days (July 22 - August 20) and up from 26.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom home in Georgina stood at 30 days when successfully sold over the last 30 days (August 21 - September 19), compared to 97 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homelife/Vision Realty Inc.
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