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List Price: $1,748,888

55 Lake Drive, Georgina, L4P 1A5

- By CENTURY 21 LEADING EDGE REALTY INC.
Detached|MLS - #N11937067|New
4 Bed
4 Bath
2500-3000 Sqft.
Detached Garage

Price comparison with similar homes in Georgina

Compared to 42 similar homes
21.3% Higher
Market Avg. of (42 similar homes)
$1,442,220

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licences real estate agent for accurate comparison

Room Information

Room TypeFeaturesLevel
Living Room
5.22 x 6.02 m
Overlook Water, Hardwood Floor, W/O To DeckUpper
Dining Room
5.02 x 5.02 m
Overlook Water, 2 Pc Bath, Large WindowUpper
Kitchen
5.23 x 3.34 m
W/O To Deck, French Doors, PantryUpper
Primary Bedroom
6.59 x 4.1 m
4 Pc Ensuite, Closet, Overlook WaterUpper
Bedroom 2
3.66 x 3.51 m
Overlooks Backyard, LaminateUpper
Bedroom 3
3.51 x 2.73 m
Overlooks Backyard, Laminate, ClosetUpper
Bedroom 4
3.01 x 3.09 m
Overlook Water, LaminateMain
Living Room
3.38 x 2.99 m
Fireplace, W/O To Patio, LaminateMain

Client Remarks

Attention Investors! An incredible investment opportunity awaits! Whether you're looking to grow your rental portfolio or start a vacation rental business, this property is packed with potential. This property is perfect for Airbnb or rental income ventures. Key features include: Legal duplex designation with a visible plate on the front of the house. Three units, each with private entrances, offering flexible rental options. Private dock and deeded lake access for year-round enjoyment. The town has started the process for owner purchase of the waterfront land across the street an exciting added value opportunity! 200-amp electrical service, ensuring reliable power for all units. Metal Roof, Furnace 2021 , A/C 2022 , Hot water Tank Owned 2016 . Basement walls Double Insulated. A spacious three-door garage for storage or additional use. A large lot with plenty of parking in both the front and back. This property has incredible potential, whether for short-term rentals, long-term tenants, or a mix of both. Legal Duplex With 3rd Sep. Unit In Bsmnt (Can Apply To Make 3rd Unit Legal) On Massive Waterfront Lot! Widens To 82Ft In Rear. Unobstructed Western Lakefront Views! Private Dock + Steps To Boat Launch. Detached 3.5 Car Garage. Instant Lake Access In Winter For Ice Fishing! Upper Unit 1500Sqft: 4 Bedrooms(Converted To 3) + 2 Baths, Kitchen, Dining, Laundry, 2 Decks (Front And Back). Main Unit 550Sqft: 1 Bedroom + 1 Bath, Kitchen, Dining And Walk-Out Patio. Bsmnt Unit 450Sqft: Walk-Up Big Bachelor + 1 Bath + Side Private Patio. The seller assumes no responsibility for the accuracy of measurements or any others. The buyer is advised to conduct their own independent investigations and due diligence." **EXTRAS** UPPER & BASEMENT UNITS, Already ( TENANTED ).
Property Description

55 Lake Drive, Georgina, L4P 1A5

Property type

Detached

Lot size

.50-1.99 acres

Style

Sidesplit 3

Approx. Area

N/A Sqft

Home Overview

Last check for updates

Virtual tour

N/A

Basement information

Finished,Separate Entrance

Building size

N/A

Status

In-Active

Property sub type

Maintenance fee

$N/A

Year built

--

satellite view
Walk around the neighborhood
55 Lake Drive, Georgina, L4P 1A5
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Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

Mortgage Information

Estimated Payment

$0 Principal and Interest

walking  Walk Score for 55 Lake Drive

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