979 Lake Drive, Georgina, ON

$747,900
MLS#:N9045975
3 beds
3 baths
1500-2000 sqft
2.0 parking
Residential Freehold
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Property no longer active

This property was sold on October 4, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey att/row/townhouse located in the coveted neighborhood of Sutton & Jackson's Point. Expertly crafted featuring premium stone and vinyl siding construction, this residence presents an exceptional opportunity offered at $747,900 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 3 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 19.69 x 135.99 ft lot
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 979 Lake Drive East in Jackson's Point, Georgina. Step into your bright, move-in-ready sanctuary, nestled in the heart of this cozy lakeside community. Only steps from shops, restaurants, beaches, walking trails, The Briars Resort and Golf Club, Sibbalds Point Provincial Park, and the Georgina Farmers Market (every Sunday). The main floor of this stylish townhome has an abundance of natural light, a spacious open floor plan, 9' ceilings, hardwood floors, gas fireplace and a 2-piece powder room, creating an ideal space for both relaxing and entertaining. The second story includes two primary bedrooms, both with ensuites and walk-in closets; as well as an open loft area perfect for a home office. The finished basement is perfect for an additional family room as well has the potential for a third bedroom. The private sun-filled back deck overlooks the beautiful gardens and grass, and creates a great space for entertaining or cozied up to read a book. This townhome is complete with a large laundry/utility room and separate garage. You don't want to miss out on this one!

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Property Summary

This townhouse located at 979 Lake Drive, Georgina is currently for sale and has been available on SousaSells for 729 days. This property is listed at $747,900 with an estimated mortgage of $2,489* per month. It has 3 beds, 3 bathrooms, and is 1500-2000 square feet. 979 Lake Drive, Georgina is in the Sutton & Jackson's Point neighborhood.

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

Key Features

Bedrooms
3
Bathrooms
3
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 4, 2024
Sold price information is available to members only
Listed Date7/18/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeAtt/Row/Townhouse
Architectural Style2-Storey
ConstructionStone, Vinyl Siding
BasementFinished
Lot Size19.69 × 135.99 Feet
CountyYork
Annual Tax$3,055.53
Legal DescriptionCON 8 PT LOT 1 RP 65R24434 PARTS 85 TO 92

Parking & Garage

Parking Spaces2.0
Garage Spaces1
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

None

Security Features

Community Features

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Location

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979 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 979 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.

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Mortgage & Affordability Audit

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

Configure Loan Settings

Interest Rate4.00%
Down Payment$224,370 (30.0%)
* Minimum Canadian down payment required for this price is $49,790.
Amortization Period30 Years
Estimated Monthly Payment$2,489Based on a loan of $523,530 over 30 years.
Purchase Price$747,900
Loan Amount$523,530
Provincial Land Transfer Tax:$11,433
Total Estimated Closing Taxes:$11,433

About Purchasing a Home in Georgina, ON

For a property listed at $747,900 in Georgina, the legal minimum down payment is $49,790 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 $11,433 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 $11,433.

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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$1,001,347

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.