$1,229,000
13.19 BTC
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1031 Lake Drive, Georgina
$1,229,000
PRICE
3 + 1
BEDROOMS
4
BATHROOMS
N13240790
MLSID

1031 Lake Drive, Georgina

Welcome to lakeside living by beautiful Lake Simcoe! Situated directly across the street from the lake on an impressive 50 x 271 ft lot, this unique property offers over 3,300 sq. ft. of total living space and is currently fully rented, with both the upper residence and basement suite tenanted, making it an excellent opportunity for investors or future end users.The spacious upper residence features large windows with views toward the lake and expansive backyard, vaulted ceilings in the open-concept living and kitchen area, custom finishes throughout, and an impressive primary bedroom retreat complete with reading and TV areas and a custom 4-piece spa-inspired ensuite. The upper-level deck provides a peaceful setting to enjoy the surrounding lake views.The fully finished 1-bedroom basement suite features an upgraded ensuite bathroom, walk-in closet, separate laundry and private side entrance, providing a functional and self-contained additional living space.The oversized backyard offers a patio, deck, expansive lawn and fire pit, while Lake Simcoe is easily accessible via a permanent dock approximately 500 metres from the property for swimming, fishing and water sports.Conveniently located close to marinas, shops, schools, hiking trails, beaches and major transportation routes. A rare opportunity to own a fully tenanted property near Lake Simcoe, offering immediate rental income and excellent future flexibility.
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Sold History

SOLD
12 April 2024
$1,270,000

Summary

Address
1031 Lake Drive
MLSID
N13240790
Property Type
Detached
Property Category
Bedrooms
3 + 1
Bathrooms
4
Kitchens
1 + 1
Taxes (Annual)
$7,420.00
Tax Year
2025
Published
June 4, 2026
Days on Market
104 Days
Possession Type
Flexible
Possession Details
Flexible
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Inclusions

All Elfs, Fridge, Stove, Dishwasher, Washer/Dryer, Fridge, Stove, Microwave Main Floor and Basement; Central Vac, Garage Door Opener New glass shower door (to be installed in 2nd upper bathroom) Pull out couch, Lower level galley table and stools, Lower level sofa, Lower level fireplace

Details

Property Features
Golf, Lake Access, Public Transit, School Bus Route
Bathroom 1
2-Piece Main Level
Bathroom 2
4-Piece Second Level
Bathroom 3
3-Piece Second Level
Bathroom 4
3-Piece Basement Level
Basement
Apartment, Finished
Interior Features
Central Vacuum
Parking Spaces
6
Parking Total
8
Parking Features
Private Double
Architectural Style
2-Storey
Roof
Unknown
Construction Materials
Brick
Lot Width
50 Feet
Lot Depth
271 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Owner
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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