948 LAKE DRIVE E, Georgina, Ontario, L0E 1L0

MLS® # N12581470

Investment For Sale In Georgina, Ontario

$975,000

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Front Entrance - 948 Lake Drive E, Georgina, ON - Outdoor

948 Lake Drive E, Georgina, ON - Outdoor

Parking for 6 Cars - 948 Lake Drive E, Georgina, ON - Outdoor

948 Lake Drive E, Georgina, ON - Outdoor With View

Rear shared yard - 948 Lake Drive E, Georgina, ON - Outdoor

948 Lake Drive E, Georgina, ON - Outdoor With Body Of Water With View

948 Lake Drive E, Georgina, ON - Indoor Photo Showing Kitchen

948 Lake Drive E, Georgina, ON - Indoor Photo Showing Kitchen With Double Sink

948 Lake Drive E, Georgina, ON - Indoor Photo Showing Other Room

948 Lake Drive E, Georgina, ON - Indoor Photo Showing Bathroom

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948 LAKE DRIVE E, Georgina, Ontario, L0E 1L0

$975,000

Property Information:

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. (id:27)

Building Features:

Style: Multiplex
Building Type: Fourplex
Air Conditioning: Yes
Basement Development: Finished
Basement Type: N/A
Exterior Finish: Brick
Floor Space: 3000 - 3500 sqft
Foundation Type: Unknown
Heating Type: Baseboard heaters
Heating Fuel: Electric
Cooling Type: Wall unit
Appliances: Stove, Refrigerator

Property Features:

Property Type: Multi-family
Bedrooms: 7
Bathrooms: 4
Amenities Nearby: Marina, Park, Schools, Golf Nearby
Floor Space (approx): 3000 - 3500 Square Feet
Irregular: Yes
Lot Depth: 100 Feet
Lot Frontage: 57.7 Feet
Lot Size: 57.7 x 100 FT
Sewer: Sanitary sewer
Parking Type: No Garage
No. of Parking Spaces: 6

Courtesy of: RE/MAX HALLMARK YORK GROUP REALTY LTD.

Access to Sold Data on this website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of residential real estate.

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Sales/Price History

Market Price Trends

All Properties

-2.3%

Price change (1 year)

36.69%

Price change (5 years)

Location of 948 LAKE DRIVE E, Georgina, Ontario, L0E 1L0

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

32 hot days expected in 2050

Projected Precipitation Risk: Moderate

14 storms expected in 2050

Projected Heat Risk: Moderate

32 hot days expected in 2050

48/100

Moderate

ClimateCheck®

Current data

This property, 948 LAKE DRIVE E , experiences 7 hot days per year at around 30.7 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 32 hot days at 34.2 degrees Celsius.

Projected Avg. Temperature

Past

30.7℃

2050

34.2℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate

14 storms expected in 2050

57/100

Moderate

ClimateCheck®

Current data

This property, 948 LAKE DRIVE E , experiences 11 significant 2-day storms per year, with about 291.4mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 362.1mm of precipitation per year.

Precipitation Per Storm

Past

291.4mm

2050

362.1mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 948 LAKE DRIVE E, Georgina, Ontario, L0E 1L0

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$116,492.89

Average Number of Children

1.51

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

22.17 %

High school certificate or equivalent

38.22 %

Apprenticeship trade certificate/diploma

6.91 %

College/non-university certificate

22.92 %

University certificate (below bachelor)

0.36 %

University Degree

9.42 %

Commuter

Travel To Work

By Car

91.73 %

By Public Transit

0.8 %

By Walking

0.26 %

By Bicycle

0.0 %

By Other Methods

7.21 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

10.06 %

Houses

89.94 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Sales/Price History

Market Price Trends

All Properties

Location of 948 LAKE DRIVE E, Georgina, Ontario, L0E 1L0

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 948 LAKE DRIVE E, Georgina, Ontario, L0E 1L0

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

948 LAKE DRIVE E, Georgina, Ontario, L0E 1L0

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing