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$925,000

948 Lake Drive E, Georgina, ON L0E 1L0

Georgina

Bedrooms
7
Bathrooms
4
Parking
6
Type
Fourplex
AI summary
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About this listing

Welcome to this rare income-generating fourplex, ideally located in the heart of Jacksons Point just steps from Lake Simcoe, beaches, parks, shops, and restaurants. This well-maintained property features four self-contained units, each offering comfortable layouts and strong rental appeal.Whether you're an investor looking for steady cash flow or a buyer seeking a multi-generational living opportunity, this property delivers flexibility and long-term value. Three of the suites feature two spacious bedrooms and one full bathroom, while the fourth suite offers a cozy one-bedroom layout, also with a full bathroom. Each unit is self-contained and separately metered, giving tenants independence and reducing management complexity for the owner. With its versatile unit mix, this property appeals to a wide range of tenants, from professionals and couples to small families. Investors will appreciate the steady rental demand in Jacksons Point, a community known for its blend of small-town charm and recreational lifestyle, while residents enjoy easy access to parks, beaches, marinas, and year-round outdoor activities.Tenants enjoy the convenience of on-site parking, private entrances, and easy access to local amenities, while owners benefit from consistent rental income in a highly desirable lakeside community. With Jacksons Point continuing to grow as a sought-after destination for year-round living and recreation, this fourplex is a prime opportunity to secure a strong-performing asset in a thriving market.4 fridges, 4 stoves, 2 heat pumps, 2 hot water tanks. New Roof (2024)

Property details

Days on market
2 days
Property taxes
$4,612/yr (2025)
Lot size
57.66 × 100 Feet
Style
2-Storey
Heating
Baseboard (Electric)
Cooling
Wall Unit(s)
Basement
Finished
Construction
Brick
Facing
North

Payment calculator

$185,000 (20%)
%
Estimated payment
$4,096 /mo
Mortgage amount
$740,000

Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.

Location

Walkability

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Walkability, transit, and bike-friendliness for 948 Lake Drive E, Georgina, ON L0E 1L0

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MLS# N13571762

Listed by RE/MAX HALLMARK YORK GROUP REALTY LTD.

On market since Jul 16, 2026

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About 948 Lake Drive E, Georgina, ON L0E 1L0

How much is 948 Lake Drive E, Georgina, ON L0E 1L0?

948 Lake Drive E, Georgina, ON L0E 1L0 is listed for $925,000 CAD.

How many bedrooms and bathrooms does 948 Lake Drive E, Georgina, ON L0E 1L0 have?

948 Lake Drive E, Georgina, ON L0E 1L0 has 7 bedrooms and 4 bathrooms.

What type of property is 948 Lake Drive E, Georgina, ON L0E 1L0?

948 Lake Drive E, Georgina, ON L0E 1L0 is a Fourplex.

What neighbourhood is 948 Lake Drive E, Georgina, ON L0E 1L0 in?

948 Lake Drive E, Georgina, ON L0E 1L0 is in Georgina, Ontario.

Is 948 Lake Drive E, Georgina, ON L0E 1L0 for sale or for rent?

948 Lake Drive E, Georgina, ON L0E 1L0 is currently for sale.

How do I book a showing for 948 Lake Drive E, Georgina, ON L0E 1L0?

Contact Michael Mezheritsky at 4167164439 to arrange a private showing of 948 Lake Drive E, Georgina, ON L0E 1L0 (MLS# N13571762). You can also send a message through the contact form on this site.