55 Lake Dr N

FOR SALE
$1,680,000
Expired
$0
55 Lake Dr N, Georgina
55 Lake Dr N
55 Lake Dr N
55 Lake Dr N
55 Lake Dr N
55 Lake Dr N
55 Lake Dr N
55 Lake Dr N
55 Lake Dr N
55 Lake Dr N
4 + 1
BEDROOMS
4
BATHROOMS
2 + 1
KITCHENS
10 + 2
ROOMS
N8041806
MLSID
Contact Us
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-02-02 2024-04-03 61 $1,680,000 - Expired
2023-02-08 2023-03-17 37 $1,999,000 - Terminated
2022-10-12 2023-01-12 92 $1,649,000 - Expired
2022-08-03 2022-10-12 70 $1,999,000 - Terminated
Property Description
ATTENTION Investors, Builders, Renovators !! Fantastic Rare Opportunity to Own Lakefront Tenanted Income Producing Legal Duplex with Third Unit in Basement! (Can Apply To Make 3rd Unit Legal) Massive Waterfront Lot with Clear Western View of Lake Simcoe! Upper Unit (1500 SF) 3 Bed, 2 Bath with Large Primary Bedroom, Sun Filled Dining and Living Room, Separate Laundry, Front and Rear Decks! Main Floor Unit (550 SF) 1 Bed, 1 Bath with Fireplace, Walk-Out to Patio in Very Large Private Fenced Backyard! Basement Bachelor Unit (450 SF) with 1 Bath, Walk-Out to Private Terrace on Side! Detached 3 Car Garage and Plenty of Parking on Large Driveway! Steps to Boat Launch and Private Dock! Deeded Lake Access, Town has Started Process for Owner Purchase of Waterfront Land Plot Across the Street! (Approx $2 per Square Foot)Amazing Potential, Great for Future Income, Rental Potential for $6000/month!
Extras
Legal Duplex Plate on Front Wall of House, 200 Amp Service, Metal Roof, Furnace 2021, A/C 2022, Hot Water Tank Owned (2016). Basement Walls Double Insulated. Upper and Basement Units Tenanted. Central Vacuum Disconnected
Nearby Intersections
Property Features
Fenced Yard, Lake Access, Lake/Pond, Park, Waterfront
Property Details
Street
Community
Property Type
Detached, Sidesplit 4
Approximate Sq.Ft.
2000-2500
Lot Size
68' x 219'
Acreage
< .50
Lot Irregularities
Fenced Pie Shaped Lot, 82 Feet In Rear!
Fronting
East
Taxes
$7,225 (2023)
Basement
Apartment, Sep Entrance
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
8
Driveway
Private
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
LivingUpper16.60' x 16.50'Overlook Water, Cathedral Ceiling, W/O To Sundeck
DiningUpper17.13' x 19.78'Overlook Water, 2 Pc Bath, Hardwood Floor
KitchenUpper17.16' x 10.96'W/O To Deck, B/I Shelves, Vinyl Floor
Prim Bdrm2nd21.65' x 13.48'Overlook Water, Large Window, Large Closet
2nd Br2nd8.96' x 11.52'O/Looks Backyard, Laminate, Closet
3rd Br2nd12.04' x 11.52'O/Looks Backyard, Laminate, Closet
4th BrMain10.14' x 9.88'Overlook Water, Laminate
KitchenMain9.84' x 10.30'B/I Shelves, Laminate, Walk-Out
FamilyMain9.84' x 11.12'Combined W/Dining, Fireplace, W/O To Patio
DiningMain11.06' x 11.12'Combined W/Family, Laminate
BrBsmt12.89' x 24.51'Combined W/Living, Above Grade Window, 3 Pc Bath
LivingBsmt12.89' x 24.51'Combined W/Br, Combined W/Kitchen, B/I Shelves
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