108 Riverbank Drive, Georgina, ON

$890,000
MLS#:N10409666
4 beds
2 baths
8.0 parking
Residential Freehold
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Property no longer active

This property was sold on January 13, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Pefferlaw. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $890,000 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.

  • 4 Bedrooms and 2 Bathrooms
  • Premium 100 x 203.09 ft lot size
  • Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Central Vacuum
  • equipped with wall unit(s) central cooling and highly efficient baseboard heating via electric

Description

Great Price to Sell! Brand New Private Permanent Dock Access To Lake Simcoe! Lovely Riverfront Home With A Picturesque Setting. A Bungalow With A Spacious Open Concept Layout And Walkout Finished Basement On a 100X203 Feet land. Featuring: Oak Hardwood Floors, A Spacious Bright Kitchen, Updated Bathrooms, Sauna, Beautiful Stone Fireplace, A Large Deck Off With Kitchen With Spectacular River Views. A Private Dock. Good Fishing And Boating With Access To Lake Simcoe And The Trent System. Great For Relaxing Or Entertaining, And Plenty Of Opportunity To Customize. Just within minutes to all Amenities and Easy Commute to the GTA.

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Property Summary

This detached home located at 108 Riverbank Drive, Georgina is currently for sale and has been available on SousaSells for 619 days. This property is listed at $890,000 with an estimated mortgage of $2,962* per month. It has 4 beds, 2 bathrooms, and is unknown square feet. 108 Riverbank Drive, Georgina is in the Pefferlaw neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
4
Bathrooms
2
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJanuary 13, 2025
Sold price information is available to members only
Listed Date11/6/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionAluminum Siding, Brick
BasementFinished with Walk-Out
Lot Size100 × 203.09 Feet
CountyYork
Annual Tax$4,392.98
Legal DescriptionLot 8 Plan 553 Georgina; Georgina

Parking & Garage

Parking Total8.0
Parking Space6
Garage TypeAttached

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingWall Unit(s)

Features

Property Features

Clear View, Lake Access, Lake Backlot, Ravine, River/Stream, Waterfront

Interior Features

Central Vacuum

Security Features

Community Features

Location

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108 Riverbank 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 108 Riverbank Drive, Georgina, ON L0E 1N0

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 Rate4.00%
Down Payment$267,000 (30.0%)
* Minimum Canadian down payment required for this price is $64,000.
Amortization Period30 Years
Estimated Monthly Payment$2,962Based on a loan of $623,000 over 30 years.
Purchase Price$890,000
Loan Amount$623,000
Provincial Land Transfer Tax:$14,275
Total Estimated Closing Taxes:$14,275

About Purchasing a Home in Georgina, ON

For a property listed at $890,000 in Georgina, the legal minimum down payment is $64,000 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 $14,275 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 $14,275.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Pefferlaw, Georgina.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$919,778

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.