582 Lake Dr S

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582 Lake Dr S, Georgina
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4 + 1
BEDROOMS
5
BATHROOMS
1 + 1
KITCHENS
11 + 4
ROOMS
N8182046
MLSID
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Property Description
This Lakefront Home with Breathtaking Sunsets and Direct Lakeview, bringing you a Perfect Balance of City and Country Life: Walking Distance to Public Boat Launch Park and Mariner, Minutes Drive to Hwy 404, Community Recreation Complex, School and Walmart Shopping Centre! In & Out Renovation and Upgrades: Hardwood Flooring Throughout, 4+1 Bedrooms with Ensuite Bathrooms, Miele Kitchen Appliances and More!!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2021-11-17 2021-11-27 10 $848,000 $1,500,000 Sold
Extras
New Roof, New Doors, New HVAC, New Windows, New Hardwood Flooring, Miele Kitchen Appliances, Motorized Blinds and Shades in Living Room.
Property Features
Beach, Clear View, Fenced Yard, Lake Access, Park, Waterfront
Property Details
Street
Community
Property Type
Detached, Bungalow
Lot Size
75' x 280'
Lot Irregularities
75.03 X 294.13 X 56.56 X 274.08
Fronting
West
Taxes
$5,451 (2024)
Basement
Crawl Space
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
8
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingFlat14.34' x 19.49'Overlook Water, Hardwood Floor, Combined W/Family
DiningFlat13.25' x 27.66'Overlook Water, Hardwood Floor, Pot Lights
KitchenFlat10.33' x 14.34'Overlook Water, Granite Counter, Open Concept
Prim BdrmFlat13.32' x 13.48'Overlook Water, Hardwood Floor, 3 Pc Ensuite
2nd BrFlat9.74' x 10.10'Hardwood Floor, 3 Pc Ensuite, Pot Lights
3rd BrFlat9.74' x 13.25'Hardwood Floor, 3 Pc Ensuite, Pot Lights
4th BrFlat9.78' x 13.16'Hardwood Floor, 3 Pc Ensuite, Pot Lights
LivingFlat13.45' x 15.06'Hardwood Floor, Pot Lights, Combined W/Kitchen
LibraryFlat10.50' x 13.32'Overlook Water, Hardwood Floor, Pot Lights
5th BrFlat9.55' x 18.31'Hardwood Floor, 3 Pc Ensuite, Pot Lights
Georgina Market Statistics
Georgina Price Trend
582 Lake Dr S is a 4-bedroom 5-bathroom home listed for sale at $2,388,000, which is $1,287,891 (117.1%) higher than the average sold price of $1,100,109 in the last 30 days (March 29 - April 27). During the last 30 days the average sold price for a 4 bedroom home in Georgina declined by $139,259 (11.2%) compared to the previous 30 day period (February 28 - March 28) and down $70,943 (6.1%) from the same time one year ago.
Inventory Change
There were 49 4-bedroom homes listed in Georgina over the last 30 days (March 29 - April 27), which is down 23.4% compared with the previous 30 day period (February 28 - March 28) and up 32.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Georgina typically sold ($33,986) (3.1%) below asking price over the last 30 days (March 29 - April 27), which represents a $11,182 increase compared to the previous 30 day period (February 28 - March 28) and ($4,051) 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 4-bedroom homes in Georgina over the last 30 days (March 29 - April 27) stood at 44.9%, up from 29.7% over the previous 30 days (February 28 - March 28) and down from 51.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 5-bathroom home in Georgina stood at 17 days when successfully sold over the last 30 days (March 29 - April 27), compared to 47 days before being removed from the market upon being suspended or terminated.
Listing contracted with Jdl Realty Inc.
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