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Listed 2 months ago

68 Farley Circle

Historic Lakeshore Communities, Georgina

$475,000

Detached|Bungalow
3 | 1 | 6
About this home

Remarkable Opportunity In The Heart Of The Highly Coveted Willow Beach Community Just Steps From The Sparkling Shores Of Beautiful Lake Simcoe. Nestled On A Spacious, Municipally Serviced And Exceptionally Private Irregular Lot (114.03 ft x 75.52 ft x 37.18 ft x 49.53 ft x 25.45 ft x 60.04ft) And Surrounded By Mature Trees, This Charming 3-Season Cottage Presents A Rare Chance To Secure Premium Land In One Of The Area's Most Desirable Lakeside Enclaves. Whether You Choose To Enjoy The Existing Cottage As A Peaceful Family Retreat, Renovate And Expand, Or Design A Stunning Custom Residence From The Ground Up, The Possibilities Here Are Truly Endless. Experience The Unmatched Lifestyle That Comes With Living Moments From The Water, Where Summer Days Are Spent Boating, Swimming, Fishing, Paddle Boarding And Enjoying Spectacular Sunsets Along The Shoreline. Located Just Steps From Willow Beach Park, Residents Enjoy Access To Playgrounds, Scenic Lakeside Walks, Community Events And Outdoor Recreation For All Ages. Conveniently Positioned Along The School Bus Route And Close To Golf Courses, Walking Trails, Marinas, Public Pool, Library, Shopping And Everyday Amenities, This Property Offers The Perfect Blend Of Relaxed Cottage-Country Charm And Everyday Convenience. The Existing Cottage Offers Immediate Enjoyment And Warm Character While Providing Incredible Future Redevelopment Potential For Builders, Investors Or End Users Looking To Create Something Truly Extraordinary In A Rapidly Flourishing Waterfront Community. Ideally Located Only Approximately 10 Minutes To Keswick And Hwy 404 And 5 Minutes To Hwy 48, Offering Easy Access To The GTA While Still Feeling Worlds Away From The City. A Truly Rare Offering And Remarkable Blank Canvas Near The Lake Where Lifestyle, Location And Long-Term Potential Come Together To Create An Incredible Real Estate Opportunity.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$3,612
Lot Size25.45 ft x 114.03 ft
mls© NumberN13233930
Listed ByRE/MAX ALL-STARS REALTY INC.

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%
$2,431
Property tax
$301
Heat allowance
$150
Housing costs
$2,882 / mo

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

Down payment20% · $95,000
25-yr amortization

Income needed

$89,000

gross annual household income

Payment at 4%
$1,999 / mo
Cash down
$95,000

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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