$774,900

For saleJust listed

55 Malone Road, Georgina (Sutton & Jackson's Point) - Single Family for Sale

55 Malone Road, Georgina (Sutton & Jackson's Point), Ontario, L0E1N0

2 beds1 bath2 parking1,300 ft²82 × 98 ft (8,049 sq ft) lot sizeListed 6 days ago

Overview

This 2-bedroom, 1-bathroom home in Georgina is for sale offering roughly 1,300 sq ft of space. Its $774,900 asking price sits right in line with the $798,000 median in Georgina. It has been on the market 6 days, fresher than the Georgina average of 67 days.

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Description

A Truly Exceptional Lakefront Residence, Where The Water Becomes Your Backyard And Every Day Begins With An Unforgettable View. Set Directly On The Shores Of Lake Simcoe, This Renovated Lake House Above A Wet Slip Boathouse Offers A Rare Opportunity To Live Quite Literally Over The Water, Blending The Charm Of A Lakeside Retreat With The Comfort Of Year-Round Living.Above, The Thoughtfully Designed Living Quarters Feature A Bright 1+1 Bedroom Layout Enhanced By A Striking Three-Sided Gas Fireplace, Creating Warmth And Atmosphere From Every Angle. Recent Updates Including New Flooring, Carpets, And Mechanical Improvements Ensure A Turnkey Experience.Below, Your Private Wet Slip Boathouse Delivers Direct, Deeded Waterfront Access With Dedicated Docking. Perfect For Effortless Boating, Fishing, And Days Spent Exploring The Open Lake. Step Outside To Take In Sweeping Views Over Jackson's Point Harbour, Where The Rhythm Of The Water Becomes Part Of Everyday Life.With Municipal Services Connected, This Property Offers A Seamless Blend Of Convenience And Waterfront Luxury, A Truly Unique Offering For End-Users, Weekend Retreat Seekers, Or Investors Looking For Something Distinctive. Where Boating, Views, And Refined Waterfront Living Come Together In A Way Few Properties Ever Do. (id:66096)

Property Details

MLS®: N14129398
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 2
Interior Size: 1,300 ft²
Lot Size: 82 × 98 ft (8,049 sq ft)
Frontage: 82 ft
Basement: Finished, Full, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Fireplace: Yes
Waterfront: Yes
Ownership: Freehold
Property Tax: $3,299.98/yr

Rooms

Main level

Foyer: 2.5 x 1.63 meters
Den: 4.21 x 3.55 meters
Kitchen: 4.96 x 3.78 meters
Living room: 4.27 x 3.62 meters
Dining room: 4.27 x 2.33 meters
Bedroom: 4.21 x 3.17 meters

Lower level

Recreational, Games room: 6.16 x 3.95 meters
Utility room: 4.19 x 2.32 meters
Utility room: 1.83 x 1.82 meters
Utility room: 3.1 x 2.15 meters

Features

Appliances: Washer, Refrigerator, Water softener, Range, Oven, Dryer
Flooring: Tile, Carpeted
Exterior: Vinyl siding

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Georgina (Sutton & Jackson's Point) listings, avg age

67d

Price / ft²

$596

List price

$775K

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 2-bed single family in Georgina (Sutton & Jackson's Point) has been listed for 6 days, which is 61 days fresher than the city average of 67. Act while there is still low competition.

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Listed by RE/MAX HALLMARK YORK GROUP REALTY LTD. · STEVEN SARASIN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L0E)

This home lists at $774,900, about 8.6× the local median household income of $90,000.

Carrying it typically needs a household income of about $151,365 (20% down, 25-yr amortization, stress-tested) — roughly 68% 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)

$774,900· $596/ft²

For sale

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Full Cost Breakdown

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Down Payment6.77% · $52,490

Min 6.77%50%

Mortgage payment$4,005/mo

↳ CMHC premium ($28,896 capitalized)

Property tax (est.)$275/mo

Total monthly$4,280

Cash Needed to Close

Down payment (6.77%)$52,490

Land transfer tax$11,973

Est. closing costs$4,825

Total cash needed$69,288

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