Selling

55 Lake Drive N, Georgina, ON L4P 1A5

$1,688,888

  • (0)
  • 5 Views
  • Sep 15, 2025
  • Georgina, Historic Lakeshore Communities

Mortgage Calculator

Description
Attention Investors! An incredible investment opportunity awaits! Whether youre looking to grow your rental portfolio or start a vacation rental business, this property is packed with potential. This property is perfect for Airbnb or rental income ventures. Key features include: Legal duplex designation with a visible plate on the front of the house. Three units, each with private entrances, offering flexible rental options. Private dock and deeded lake access for year-round enjoyment. The town has started the process for owner purchase of the waterfront land across the street an exciting added value opportunity! 200-amp electrical service, ensuring reliable power for all units. Metal Roof, Furnace 2021 , A/C 2022 , Hot water Tank Owned 2016 . Basement walls Double Insulated. A spacious three-door garage for storage or additional use. A large lot with plenty of parking in both the front and back. This property has incredible potential, whether for short-term rentals, long-term tenants, or a mix of both. UPPER & BASEMENT UNITS, Already ( TENANTED ). Legal Duplex With 3rd Sep. Unit In Bsmnt (Can Apply To Make 3rd Unit Legal) On Massive Waterfront Lot! Widens To 82Ft In Rear. Unobstructed Western Lakefront Views! Private Dock + Steps To Boat Launch. Detached 3.5 Car Garage. Instant Lake Access In Winter For Ice Fishing! Upper Unit 1500Sqft: 4 Bedrooms(Converted To 3) + 2 Baths, Kitchen, Dining, Laundry, 2 Decks (Front And Back). Main Unit 550Sqft: 1 Bedroom + 1 Bath, Kitchen, Dining And Walk-Out Patio. Bsmnt Unit 450Sqft: Walk-Up Big Bachelor + 1 Bath + Side Private Patio. The seller assumes no responsibility for the accuracy of measurements or any others. The buyer is advised to conduct their own independent investigations and due diligence."
Overview
Property ID: N12116136
Type: Detached
Bedrooms: 4
Bathrooms: 4
Square: 2,250 m²
Price: $1,688,888
PropertyType: Residential Freehold
TransactionType: For Sale
BuildingAreaUnits: Square Feet
Cooling: Central Air
Heating: Forced Air
ParkingFeatures: Detached
YearBuilt: 51-99
TaxAnnualAmount: 7648.85
PossessionDetails: Unknown
Map
Contact Agency
Write A Review
0 Reviews
0 out of 5
Featured properties

The Most Recent Estate

48 Kingsmount Street N, Hamilton, ON L8S 3L3
Selling
Detached
58 minutes ago

$869,900

Hamilton, Ainslie Wood

  • 6
  • 2
  • 900 m²
EXP REALTY
EXP REALTY
18 Greengate Road, Toronto C13, ON M3B 1E8
Selling
Detached
58 minutes ago

$2,999,000

Toronto C13, Banbury-Don Mills

  • 6
  • 3
  • 1,750 m²
ROYAL LEPAGE SIGNATURE REALTY
ROYAL LEPAGE SIGNATURE REALTY
101 Old Colony Road, Toronto C12, ON M2L 2K3
Selling
Detached
58 minutes ago

$17,500,000

Toronto C12, St. Andrew-Windfields

  • 6
  • 10
RE/MAX REALTRON BARRY COHEN HOMES INC.
RE/MAX REALTRON BARRY COHEN HOMES INC.
697 Omer Street, Hawkesbury, ON K6A 3G1
Selling
Detached
59 minutes ago

$524,900

East Hawkesbury, 612 - Hawkesbury

  • 3
  • 2
  • 900 m²
EXIT REALTY MATRIX
EXIT REALTY MATRIX
159 Alfred Avenue, Toronto C14, ON M2N 3J3
Selling
Detached
59 minutes ago

$1,539,000

Toronto C14, Willowdale East

  • 4
  • 3
  • 1,300 m²
HOMEWISE REAL ESTATE
HOMEWISE REAL ESTATE
107 Otter Crescent, Toronto C04, ON M5N 2W9
Selling
Detached
59 minutes ago

$2,775,000

Toronto C04, Bedford Park-Nortown

  • 5
  • 4
  • 2,750 m²
RIGHT AT HOME REALTY
RIGHT AT HOME REALTY
10 Borden Street, Toronto C01, ON M5S 2M9
Selling
Detached
59 minutes ago

$1,649,990

Toronto C01, University

  • 5
  • 3
  • 1,750 m²
FUTURE GROUP REALTY SERVICES LTD.
FUTURE GROUP REALTY SERVICES LTD.
39 Ava Road, Toronto C03, ON M5P 1Y5
Selling
Detached
59 minutes ago

$3,998,000

Toronto C03, Forest Hill South

  • 5
  • 4
  • 3,250 m²
FOREST HILL REAL ESTATE INC.
FOREST HILL REAL ESTATE INC.