$1,025,000
6.67 BTC
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948 Lake Drive, Georgina
$1,025,000
PRICE
7
BEDROOMS
4
BATHROOMS
N12378455
MLSID

948 Lake Drive, Georgina

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.
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Sold History

SOLD
3 November 2015
$520,000
SOLD
2 February 2006
$347,500
SOLD
12 September 2002
$230,000

Summary

Address
948 Lake Drive
MLSID
N12378455
Property Type
Fourplex
Property Category
Bedrooms
7
Bathrooms
4
Kitchens
4
Taxes (Annual)
$4,612.00
Tax Year
2025
Published
September 3, 2025
Days on Market
4 Days
Possession Type
Flexible
Possession Details
Tbd
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Inclusions

4 fridges, 4 stoves, 2 heat pumps, 2 hot water tanks. New Roof (2024)

Exclusions

all tenants belongings.

Details

Property Features
Beach, Marina, Park, Place Of Worship, School, Golf
Bathroom 1
4-Piece Ground Level
Bathroom 2
4-Piece Upper Level
Bathroom 3
4-Piece Upper Level
Parking Spaces
6
Parking Total
6
Architectural Style
2-Storey
Roof
Unknown
Construction Materials
Brick
Lot Size
5,663
Lot Width
58 Feet
Lot Depth
100 Feet
Water
Municipal
Heat Source
Electric
Heat Type
Baseboard
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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