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Listed 13 days ago

173 Lake Drive E

Historic Lakeshore Communities, Georgina

$1,699,999

Detached|Bungalow-Raised
3 | 3 | 13
About this home

Million Dollar View From This Waterfront Property In One Of The Most Desirable Areas Of Georgina At Lake Simcoe. Move Right Into This Beautiful, Bright And Spacious Open Concept Bungalow With High Cathedral Ceilings And Unobstructed Views Of The Lake And Beach. This Single-Level Home Features Three Generous Bedrooms, A Welcoming Living Room, Separate Warming Family Room With Floor To Ceiling Gas Fireplace And Open-Concept Kitchen/Dining Rooms Perfect For Entertaining And Family Gatherings. Enjoy A Private Beach, Permanent Swimming Dock, Expansive Lot With Room To Play And Garden, And A Three-Car Garage For Cars And Toys. Pet-Friendly And Ideally Situated For Lakeside Living, Walks, Boating, Fishing And Sunsets. Don't Miss This Rare Opportunity For Turnkey Waterfront Living.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow-Raised
Approx. Age6-15
Size1500-2000 sq. ft.
Property Tax$10,027
Lot Size70 ft x 250 ft
mls© NumberN13596782
Listed ByLPT REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$8,593
Property tax
$836
Heat allowance
$150
Housing costs
$9,578 / mo

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

Down payment21% · $357,000
25-yr amortization

Income needed

$295,000

gross annual household income

Payment at 4%
$7,064 / mo
Cash down
$357,000

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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