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Listed 16 days ago

838 Elmwood Street

Historic Lakeshore Communities, Georgina

$1,999,999

Detached|2 1/2 Storey
5 | 5 | 8
About this home

AS SEEN IN HAVEN MAGAZINE: The Ultimate Lake Simcoe Architectural Masterpiece | Exclusive Private Beach & Dock Access. Experience Unparalleled Luxury In This Custom-Built, Chalet-Style Estate, A True Modern Lakeview Masterpiece & Testament To Elite Design. This Home Is Situated Just 1 Lot From Lake Simcoe, Granting You A Coveted Lifestyle Of Private, Resident-Only Beach & Dock Access While Enjoying Significant Savings On Waterfront Taxes. Over 6,000 Sqft Of Breathtaking Living Space. Step Inside A World Of Bold Design Defined By Striking Floor-To-Ceiling Glass Walls & Dramatic 33-Ft Entryway. Natural Light Floods The Soaring Grand Spaces, Ensuring Captivating Lake & Nature Views From Nearly Every Room. The Open-Concept Living & Dining Area Warmed By A Contemporary 3-Sided Gas Fireplace Flows Seamlessly Onto A Wraparound Covered Porch, Perfect For Serene Mornings Overlooking The Lake. The Chef-Inspired Kitchen Is Dream, Boasting Massive Double Waterfall Island, Imported Italian Slab Finishes & Top-Tier Smart Appliances. Retreat To The Ultra-Luxurious Primary Suite, Complete With Cozy Gas Fireplace, Stunning Lake Views, Walk-Out To Covered Porch & Spa-Like 5-Piece Ensuite Adorned In Exquisite Book-Matched Italian Slabs. Elevate Your Gatherings On The Show-Stopping Rooftop Terrace! This Expansive Party Space Offers Unobstructed Lake Views & Comes Equipped With Premium Built-In Bluetooth Speakers. It Provides Truly Amazing Firework Views, You See 4 Separate Displays From This Prime Vantage Point-A Stargazer & Bird Lover's Delight! Perfectly Equipped For Multi-Generational Living, It Includes 8 Total Bedrooms (4 Up, 1 On Main Floor) Plus A Fully Separate In-Law Suite Complete With Own Entrance, Kitchen & Bath. Built For Both Prestige & Efficiency With Durable Metal Roof, Gemstone Stucco & ACM Panel Exterior & Stamped Concrete Driveway Accommodating 6+ Cars. Located Minutes From Marina, Fine Dining, Shops & Highway 404, This Is Truly Luxury Lakeside Living At Its Finest.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2 1/2 Storey
Approx. AgeNew
Size3500-5000 sq. ft.
Property Tax$3,622
Lot Size60 ft x 130 ft
mls© NumberN13582628
Listed ByLPT 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%
$10,237
Property tax
$302
Heat allowance
$150
Housing costs
$10,689 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $400,000
25-yr amortization

Income needed

$329,000

gross annual household income

Payment at 4%
$8,416 / mo
Cash down
$400,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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