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For saleMLS® N12976034

51 Lake Drive, Georgina, ON L4P 1A5

Historic Lakeshore Communities · L4P 1A5

$990,900

$1,416 / sq ft

7 months on market

Bathrooms
2
Interior
700 sf
Parking
8
Lot
83 × 114.92 ft

What's special

  • 8 parking spaces
  • Central air

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About this property

Amazing Lakefront Commercial Property- Zoned C5 With Multiple Uses Allowed/ Right Across Beautiful Cook's Bay in Lake Simcoe // Was Used Before As A Coffee Shop But Multiple Uses Are Allowed/ Great Investment// Good Size Lot, Lots Of Parking// You Can Build A Second Floor or An Extension At The Back// This Could Be A Thriving Business All Year Round// Sun Shines On The Property All Day/ Busy All Year Round/ Summer Fishing, Winter Ice Fishing, Water Sports, Tournaments/ Free Boat Launch/ House Has 200 Amp,

Rooms

3 rooms. Dimensions as published by the listing brokerage.

Room dimensions and features
RoomLevelDimensionsFeatures
KitchenGround——
OfficeGround——
Game RoomGround12.00 × 10.00 m39.4 × 32.8 ft—

Features

  • Other

Property details

Property

Property type
detached
Bathrooms
2
Interior size
700 sq ft
Lot size
83 × 114.92 ft
Zoning
Commercial
Possession
Flexible

Interior

Heating
Forced Air · Gas
Cooling
Central Air
Exposure
East

Exterior & services

Construction
Aluminum Siding
Parking spaces
8
Sewer
Sewer

Costs

List price
$990,900
Property taxes
$6,400 / year (2025)
Price per sq ft
$1,416
Rental items
Water Heater

Listing

MLS® number
N12976034
Status
For sale
Listed
April 9, 2026
Days on market
210
Last updated
June 4, 2026
Listing brokerage
EXP REALTY

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced in line with comparable listings — about 35% of comparable detached listings in Historic Lakeshore Communities are asking less.

$607KMedian $1.10M$2.16M
This home
$1,416 / sq ft
Comparable median
$732 / sq ft

Based on 43 comparable active detached listings in Historic Lakeshore Communities. These are asking prices, not sale prices.

Mortgage estimate

Down payment7.5% · minimum $74,090
$74,090
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$5,069.20
Property tax (est.)
$533.33
Estimated monthly
$5,603

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$16,293
Total due on closing
$16,293

An estimate on the asking price of $990,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of EXP REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$990,900

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