724 Lake Drive, Georgina, ON
Property no longer active
This property was sold on July 7, 2026. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Historic Lakeshore Communities. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $3,900,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 9 Bedrooms and 5 Bathrooms with 3 functional kitchens
- Generous living space spanning 3500-5000 sqft on a premium 134 x 365 ft lot
- Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
- 20.0 total parking spaces available
- Notable attributes: Carpet Free, In-Law Capability, In-Law Suite
- Efficient baseboard heating via electric
Description
Welcome to 724 Lake Dr. N., a rare Lake Simcoe waterfront estate circa 1924, set on a private 1.1-acre lot with 134 ft. of sandy shoreline. Surrounded by cedar hedges, mature trees, perennial gardens, and rolling lawns, this exceptional property offers stunning sunsets, a permanent 150-ft. dock, stone break wall, sandy lakebed, and ownership of a 1-acre water lot extending 330 ft. offshore. The grand entry has plenty of parking and features a stone wall and flagstone patio. Ideal for multigenerational living or a family retreat, the property includes the main residence, an attached guest house, and separate guest quarters affectionately referred to as the "Hedge Hog," offering a total of nearly 4,500 sq. ft. with 9 bedrooms, 6 baths and 3 kitchens. The main house with its stucco finish is warm and character filled with 9' main level ceilings, rich wood floors and a wood burning fireplace in the spacious living room. The large family kitchen includes two walkouts and a pass-through to the dining room, making entertaining effortless. The delightful enclosed sun porch overlooking the landscaped grounds is the perfect place to relax and enjoy a good book or perhaps a lazy afternoon nap on a beautiful summer day. Upstairs, the primary suite enjoys breathtaking lake views and a private 3-pc ensuite. Outside, enjoy swimming, boating, fires by the shoreline, and year-round sunsets from this spectacular waterfront setting. Conveniently located across from 200 acres of hiking trails in Deer Park Forest and close to scenic cycling routes, this is a truly rare and unique opportunity to enjoy the best of Lake Simcoe living.
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Property Summary
This detached home located at 724 Lake Drive, Georgina is currently for sale and has been available on SousaSells for 86 days. This property is listed at $3,900,000 with an estimated mortgage of $12,982* per month. It has 9 beds, 5 bathrooms, and is 3500-5000 square feet. 724 Lake Drive, Georgina is in the Historic Lakeshore Communities neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 9 bedrooms and 5 bathrooms, this home offers ample space and comfort for growing families in Historic Lakeshore Communities, Georgina.
- •9 spacious bedroom layout offering versatile living space
- •5 well-appointed bathrooms
- •3500-5000 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Historic Lakeshore Communities, Georgina.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Clear View
- Lake/Pond
- Place Of Worship
- Public Transit
- Waterfront
Interior Features
- Carpet Free
- In-Law Capability
- In-Law Suite
- Water Heater Owned
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 724 Lake Drive, Georgina, ON
Q.What is the asking price for 724 Lake Drive, Georgina, ON ?
The current listing price for 724 Lake Drive, Georgina, ON in Historic Lakeshore Communities, Georgina is $3,900,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 9 bedrooms and 5 bathrooms across approximately 3500-5000 sqft.
Q.What property type and architectural style is 724 Lake Drive, Georgina, ON ?
724 Lake Drive, Georgina, ON is a Detached (2-Storey) featuring a Crawl Space basement.
Q.What key property features does 724 Lake Drive, Georgina, ON offer?
Key property features include: Clear View, Lake/Pond, Place Of Worship, Public Transit, Waterfront.
Q.What interior features are included in this home?
Interior highlights include: Carpet Free, In-Law Capability, In-Law Suite, Water Heater Owned.
Q.Is parking available at this property?
Yes, this property offers parking space for 20.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Electric and cooling via None.
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Pricing & Value Insights
Data-driven valuation for 724 Lake Drive N, Georgina, ON L4P 3C8
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Georgina, ON
For a property listed at $3,900,000 in Georgina, the legal minimum down payment is $780,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $83,975 for this transaction. As this listing is in Georgina (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $83,975.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.