948 Lake Drive E, Georgina - $925,000 | Modern Solution Realty

948 Lake Drive E

948 Lake Drive E, Georgina

948 Lake Drive E in Georgina - 7 bedroom, 4 bathroom. Listed at $925,000.

Welcome to this rare income-generating fourplex, ideally located in the heart of Jacksons Point just steps from Lake Simcoe, beaches, parks, shops, and restaurants. This well-maintained property features four self-contained units, each offering comfortable layouts and strong rental appeal.Whether you're an investor looking for steady cash flow or a buyer seeking a multi-generational living opportunity, this property delivers flexibility and long-term value. Three of the suites feature two spacious bedrooms and one full bathroom, while the fourth suite offers a cozy one-bedroom layout, also with a full bathroom. Each unit is self-contained and separately metered, giving tenants independence and reducing management complexity for the owner. With its versatile unit mix, this property appeals to a wide range of tenants, from professionals and couples to small families. Investors will appreciate the steady rental demand in Jacksons Point, a community known for its blend of small-town charm and recreational lifestyle, while residents enjoy easy access to parks, beaches, marinas, and year-round outdoor activities.Tenants enjoy the convenience of on-site parking, private entrances, and easy access to local amenities, while owners benefit from consistent rental income in a highly desirable lakeside community. With Jacksons Point continuing to grow as a sought-after destination for year-round living and recreation, this fourplex is a prime opportunity to secure a strong-performing asset in a thriving market.4 fridges, 4 stoves, 2 heat pumps, 2 hot water tanks. New Roof (2024)

Property Details

  • Property Type: Mortgage
  • Style: 2-Storey
  • Square Footage: 3250 sqft
  • Basement: Finished
  • Heating: Electric
  • Cooling: Wall Unit(s)
  • Parking: 6 spaces
  • Property Taxes: $4,612/yr
  • Neighbourhood: Sutton & Jackson's Point
  • Postal Code: L0E 1L0

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