17 Lake Drive E
Historic Lakeshore Communities, Georgina
$1,089,888
Escape From The City Hustle To This Piece Of Paradise! Only 45 Min Drive From Toronto. Lakefront Charming 4-Season Home In A Sought After Area On South Shores Of Lake Simcoe. 50 Feet Of Waterfront With Private Extensive Permanent Dock And Lots Of Space For Outdoor Entertaining In Prime Swimming And Boating Area. This 2 Bedroom Bungalow Offers Gorgeous Lake Views And Lots Of Natural Light. Open Concept Kitchen/Dining/Living With Gas Fireplace And Walk-Out To The Large Wrap-Around Deck. Premium 50x150 Ft Lot. Short Walk To Public Transit. All Town Services Include Water/Sewer/Natural Gas. Live In This Charming Home Or Build Your Dream Home!
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| Type | Detached |
| Style | Bungalow-Raised |
| Approx. Age | 51-99 |
| Size | 700-1100 sq. ft. |
| Property Tax | $5,621 |
| Lot Size | 50 ft x 150 ft |
| mls© Number | N13487358 |
| Listed By | LPT REALTY |
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%
- $5,579
- Property tax
- $468
- Heat allowance
- $150
- Housing costs
- $6,197 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$191,000
gross annual household income
- Payment at 4%
- $4,586 / mo
- Cash down
- $217,978
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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