$1,299,999

For sale

523 Lake Drive East, Georgina (Historic Lakeshore Communities) - Single Family for Sale

523 Lake Drive East, Georgina (Historic Lakeshore Communities), Ontario, L0E1S0

3 beds3 baths6 parking2,250 ft²47 × 216 ft (10,172 sq ft) lot sizeListed 64 days ago

Overview

This 3-bedroom, 3-bathroom home in Georgina is for sale offering roughly 2,250 sq ft of space. It has been on the market 64 days, fresher than the Georgina average of 84 days.

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Description

Welcome to this private bungalow in sought after Willow Beach!.....with your own gated waterfront across the street from your home! This spacious home has lots to offer! The main house includes a large living room with stone accent wall, a kitchen with rich dark cabinets and a built-in eating area, a sun filled dining area with patio doors to your yard! Three nice sized bedrooms, plus access to your laundry room through one of the bedrooms. A 4 piece bath with separate soaker tub and shower, a powder room and inside entry to your 2 car garage complete the main house! Added bonus of a separate 2 storey apt.....access from a private side door into the main floor with a cozy kitchen, dining area and 4 piece bath. Upstairs above the garage is a large loft area for a living space and a bed, plus a large closet! So much potential with this one! Check out the virtual tour! (id:66096)

Property Details

MLS®: N13732314
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 6
Interior Size: 2,250 ft²
Lot Size: 47 × 216 ft (10,172 sq ft)
Frontage: 47 ft
Storeys: 1
Style: Bungalow
Basement: Crawl space
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Waterfront

Rooms

Main level

Eating area: 3.5 x 2.45 meters
Kitchen: 4.9 x 3.5 meters
Dining room: 5.5 x 5.5 meters
Living room: 4.8 x 5 meters
Bedroom: 3 x 5.3 meters
Bedroom: 3.3 x 3.4 meters
Bedroom: 3.3 x 3.8 meters
Kitchen: 2.4 x 2.15 meters
Dining room: 2.4 x 2.2 meters

Second level

Great room: 7.82 x 5.23 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Foundation: Unknown
Exterior: Stone
Lot Features: In-Law Suite

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

64d

Georgina (Historic Lakeshore Communities) listings, avg age

84d

Price / ft²

$578

List price

$1.30M

Homes here sell faster than most markets

Sold homes in this market spent an average of 36 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This 3-bed single family in Georgina (Historic Lakeshore Communities) has been listed for 64 days, which is 20 days fresher than the city average of 84. Act while there is still low competition.

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Listed by ROYAL LEPAGE FIRST CONTACT REALTY · KELLY DARBYSHIRE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L0E)

This home lists at $1,299,999, about 14.4× the local median household income of $90,000.

Carrying it typically needs a household income of about $253,935 (20% down, 25-yr amortization, stress-tested) — roughly 182% above the area median.

Median household income: $90,000
Population: 21,898
Median age: 46.8
Owner / renter: 84% / 17%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA L0E)

$1,299,999· $578/ft²

For sale

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Full Cost Breakdown

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Down Payment8.08% · $104,999.90

Min 8.08%50%

Mortgage payment$6,625/mo

↳ CMHC premium ($47,800 capitalized)

Property tax (est.)$519/mo

Total monthly$7,144

Cash Needed to Close

Down payment (8.08%)$105,000

Land transfer tax$22,475

Est. closing costs$6,400

Total cash needed$133,875

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