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Historic Lakeshore Communities, Georgina
$1,229,000
Welcome to your lakeside retreat! Sit on your upper level deck and enjoy morning coffee or evening drinks watching the lake. This remarkable home sits across the street from Lake Simcoe on a huge 50 x 271 foot lot. Enjoy your primary bedroom getaway suite with reading and tv spaces and an ensuite 4 piece custom spa bathroom. Your sunlit house with large windows offers views of the water as well as of the expansive backyard lawn with patio, deck and lots of grass for games and your fire pit. Entertain family and friends in your spacious 3300+ square feet of total living space with vaulted ceilings in the open living room/kitchen area and custom finishes throughout. Lake Simcoe is easy access at a permanent dock 500 m from your front door for swimming, fishing or water sports. There is a fully finished 1 Bdrm basement suite with upgraded ensuite bath, walk in closet with separate laundry and side entrance. It is ideal for young adults/in laws or as a rental unit in basement. It offers all the conveniences and benefits of Lake Simcoe living without the premium price tag! Close proximity to marinas, shops, schools, hiking trails, beaches and major transportation routes for commuting. This home is the perfect combination of comfort, affordable lake living with elegance and natural beauty.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 6-15 |
| Size | 2000-2500 sq. ft. |
| Property Tax | $7,420 |
| Lot Size | 50 ft x 271 ft |
| mls© Number | N13240790 |
| Listed By | NEW ERA REAL ESTATE |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $6,291
- Property tax
- $618
- Heat allowance
- $150
- Housing costs
- $7,059 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$217,000
gross annual household income
- Payment at 4%
- $5,172 / mo
- Cash down
- $245,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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