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For saleMLS® N12976298

51 Lake Drive N, Georgina, ON L4P 1A5

Historic Lakeshore Communities · L4P 1A5

$990,900

$991 / sq ft

7 months on market

Total area
1,000 sf
Lot
83 × 114.92 ft

What's special

  • Yes

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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,

Property details

Property

Property type
retail
Interior size
1,000 sq ft
Lot size
83 × 114.92 ft
Zoning
Commercial
Possession
Flexible

Interior

Heating
Gas Forced Air Open
Cooling
Yes

Costs

List price
$990,900
Property taxes
$6,400 / year (2025)
Price per sq ft
$991
Rental items
Water Heater

Listing

MLS® number
N12976298
Status
For sale
Listed
April 9, 2026
Days on market
210
Last updated
June 4, 2026
Listing brokerage
EXP REALTY

Price & sale history

This property's sale history is hidden

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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 below most comparable listings — about 25% of comparable retail listings in Georgina are asking less.

$799KMedian $1.82M$5.90M
This home
$991 / sq ft
Comparable median
$359 / sq ft

Based on 20 comparable active retail listings in Georgina. 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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Comparable sales nearby

What similar homes in this area actually sold for.

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