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Listed 8 days ago

941 Lake Drive N

Historic Lakeshore Communities, Georgina

$999,000

Detached|2-Storey
3 | 3 | 8
About this home

Welcome to this newly updated and immaculate 3+1 bedroom home with Metal Roof is perfectly situated just steps from beautiful Lake Simcoe. Enjoy stunning, unobstructed lake views from both the living room and the primary bedroom, each offering walkouts to a spacious front deck and upper balcony-ideal for morning coffee or evening sunsets. This move-in-ready home features a thoughtfully designed layout with hardwood and ceramic flooring throughout. Nestled among million-dollar properties, this serene and private lot is perfect for both year-round living and weekend getaways. The backyard is a true retreat, a new, fully fenced backyard with a private hot tub (AS IS)surrounded by mature trees. The deeded lake access, shared with only a few neighbouring homes, offers a peaceful waterfront experience for swimming, kayaking, or simply enjoying the shoreline. Just a 10-minute drive to Hwy 404, providing easy access to the GTA. Whether you're looking for a family home, a cottage alternative, or a tranquil escape by the water, this property offers the perfect blend of comfort, location, and lifestyle.

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Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style2-Storey
Approx. Age16-30
Size1100-1500 sq. ft.
Property Tax$6,242
Lot Size50.16 ft x 277 ft
mls© NumberN13612710
Listed ByRE/MAX HALLMARK REALTY LTD.

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%
$5,113
Property tax
$520
Heat allowance
$150
Housing costs
$5,784 / mo

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

Down payment20% · $199,800
25-yr amortization

Income needed

$178,000

gross annual household income

Payment at 4%
$4,204 / mo
Cash down
$199,800

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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