$625,000

For saleJust listed

779 South Drive, Georgina (Sutton & Jackson's Point) - Single Family for Sale

779 South Drive, Georgina (Sutton & Jackson's Point), Ontario, L0E1L0

5 beds2 baths8 parking1,300 ft²187 × 90 ft (16,773 sq ft) lot sizeListed 5 days ago

Overview

This 5-bedroom, 2-bathroom home in Georgina is for sale offering roughly 1,300 sq ft of space. Listed at $625,000, it is attractively priced about 22% below the $798,000 median asking price in Georgina. It has been on the market 5 days, fresher than the Georgina average of 66 days.

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Description

Two Separate Living Spaces, One Incredible Opportunity! Whether you're an investor looking for rental income potential, a family seeking a multi-generational living arrangement, or a buyer hoping to offset mortgage costs, 779 South Drive offers the space and flexibility to make it happen! Nestled on a quiet dead-end street in the heart of Jackson's Point, this spacious 3+2 bedroom, 2-bathroom raised bungalow on a 0.30 acre lot features two self-contained living spaces, each with its own entrance. The bright and spacious upper level offers generously sized principal rooms, a large kitchen, ample closet space, and 5pc bathroom complete with double vanities. The lower level features an in-law suite with above-grade windows, 2 bedrooms and a 3pc bathroom, providing a comfortable and private space for extended family or potential rental income. The former built-in garage has been enclosed and can be converted back for secure parking or storage. Surrounded by mature trees and just a short walk to Lake Simcoe with private beach access, this property combines peaceful living with everyday convenience. Enjoy being minutes from local shops, restaurants, parks, and amenities, with Highway 404 approximately 20 minutes away. Live in one, accommodate family in the other, or explore the income potential. The possibilities at 779 South Drive are worth exploring! (id:66096)

Property Details

MLS®: N14131184
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 3 above · 2 below
Bathrooms: 2
Parking: 8
Interior Size: 1,300 ft²
Lot Size: 187 × 90 ft (16,773 sq ft)
Frontage: 187 ft
Storeys: 1
Style: Raised bungalow
Basement: Finished, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax: $5,277.16/yr

Rooms

Main level

Kitchen: 3.94 x 4.15 meters
Dining room: 3.87 x 3.06 meters
Living room: 4.78 x 2.59 meters
Primary Bedroom: 3.29 x 4.2 meters
Bedroom 2: 3.2 x 4.2 meters
Bedroom 3: 3.47 x 4.2 meters

Lower level

Family room: 4.19 x 5.6 meters
Kitchen: 4.28 x 3.03 meters
Bedroom 4: 2.68 x 4.36 meters
Bedroom 5: 6.33 x 4.34 meters

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

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Water Heater
Flooring: Laminate
Foundation: Block
Exterior: Brick, Vinyl siding
Lot Features: Cul-de-sac, Wooded area, Irregular lot size, Carpet Free, In-Law Suite

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

66d

Price / ft²

$481

List price

$625K

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 5-bed single family in Georgina (Sutton & Jackson's Point) has been listed for 5 days, which is 61 days fresher than the city average of 66. 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 $625,000, about 6.9× the local median household income of $90,000.

Carrying it typically needs a household income of about $122,084 (20% down, 25-yr amortization, stress-tested) — roughly 36% 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)

$625,000· $481/ft²

For sale

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Full Cost Breakdown

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Down Payment6% · $37,500

Min 6%50%

Mortgage payment$3,257/mo

↳ CMHC premium ($23,500 capitalized)

Property tax (est.)$440/mo

Total monthly$3,697

Cash Needed to Close

Down payment (6%)$37,500

Land transfer tax$8,975

Est. closing costs$4,375

Total cash needed$50,850

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