1002 Lake Drive, Georgina, ON

$549,900
MLS#:N13238228
3 beds
1 baths
700-1100 sqft
2.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Sutton & Jackson's Point. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $549,900 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.

  • 3 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 61.57 x 147.47 ft lot
  • Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available
  • Notable attributes: Water Heater Owned
  • Efficient forced air heating via gas

Description

This is more than a home - it's a decision. A move. An opportunity that doesn't come twice. Steps from the shimmering shores of Lake Simcoe, tucked into one of Ontario's most charming lakeside communities, this 3-bed, 1-bath 1-1/2 story property is the kind of find that makes smart buyers stop scrolling. Live here. Rent it. Build it. The choice is yours. A long-term tenant is already in place - so from day one, this asset is working for you. First-time buyer ready to plant roots? Move in and make it your own. Seasoned investor? Collect rent in a high-demand lakeside market. Contractor with vision? A generous 61x147 lot, solid poured concrete pad, crawl space, block foundation, and a workshop out back give you everything you need to elevate and capitalize. Walk to the marina. Stroll to the Ramada Resort, Tee time at the Briars Golf Course, and the shops that make Jacksons Point a year-round destination. Municipally serviced. Solid bones. Real upside. In real estate, timing is everything - and the time is now. This isn't just a property. It's your next great move.

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Key Features

Bedrooms
3
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date6/3/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style1 1/2 Storey
ConstructionVinyl Siding
BasementCrawl Space
Lot Size61.57 × 147.47 Feet
CountyYork
Annual Tax$3,121
Legal DescriptionLT 15, BLOCK 70 PLAN 69 SUTTON; S/T A42618A T/W A42618A TOWN OF GEORGINA

Parking & Garage

Parking Spaces2.0
Garage Spaces2
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingNone

Features

Property Features

Interior Features

Water Heater Owned

Security Features

Community Features

Location

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1002 Lake Drive, Georgina, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 1002 Lake Drive E, Georgina, ON L0E 1L0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Georgina.

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Interest Rate5.25%
Down Payment$29,990 (5.5%)
* Minimum Canadian down payment required for this price is $29,990.
Amortization Period25 Years
Estimated Monthly Payment$3,098Based on a loan of $519,910 over 25 years.
Purchase Price$549,900
Loan Amount$519,910
Provincial Land Transfer Tax:$7,473
Total Estimated Closing Taxes:$7,473

About Purchasing a Home in Georgina, ON

For a property listed at $549,900 in Georgina, the legal minimum down payment is $29,990 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 $7,473 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 $7,473.

Nearby Listings

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No current listings found in Georgina.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Sutton & Jackson's Point, Georgina.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$975,614

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.