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For saleMLS® N13571762

948 Lake Drive E, Georgina, ON L0E 1L0

Sutton & Jackson's Point · L0E 1L0

$925,000

$308 / sq ft

3 months on market

Bedrooms
7
Bathrooms
4
Interior
3,000 sf
Parking
6
Lot
57.66 × 100 ft

What's special

  • 6 parking spaces
  • Wall unit(s)
  • Finished basement
  • Accessory apartment

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About this property

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)

Features

  • None
  • Accessory Apartment

Property details

Property

Property type
multiplex
Bedrooms
7
Bathrooms
4
Interior size
3,000 sq ft
Lot size
57.66 × 100 ft
Possession
TBD

Interior

Basement
Finished
Heating
Baseboard · Electric
Cooling
Wall Unit(s)
Exposure
North

Exterior & services

Construction
Brick
Parking spaces
6
Sewer
Sewer

Costs

List price
$925,000
Property taxes
$4,612 / year (2025)
Price per sq ft
$308

Listing

MLS® number
N13571762
Status
For sale
Listed
July 16, 2026
Days on market
112
Last updated
July 16, 2026
Listing brokerage
RE/MAX HALLMARK YORK GROUP REALTY LTD.

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.

Mortgage estimate

Down payment7.3% · minimum $67,500
$67,500
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$4,741.26
Property tax (est.)
$384.33
Estimated monthly
$5,126

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
$14,975
Total due on closing
$14,975

An estimate on the asking price of $925,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RE/MAX HALLMARK YORK GROUP REALTY LTD.. 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.

$925,000

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