$1,849,000
165 Lake Drive E, Georgina, ON L4P 3E9
Historic Lakeshore Communities
Listing courtesy of LPT REALTY
Historic Lakeshore Communities · L4P 3C8
$2,195,000
$627 / sq ft3 months on market
Welcome to a rare opportunity to own one of Balfour Beach's Iconic waterfront properties. Set on an impressive 100 feet of prime, south facing Lake Simcoe shoreline, this cherished three-season family compound has been the backdrop for generations of unforgettable summers and lifelong family memories. Positioned on a quietly sloping lot to the water's edge, the property enjoys a mixed stone shoreline and private dock, perfect for swimming, boating, fishing and making the most of life on Lake Simcoe. Designed for large families and multi-generational living, the main cottage offers two self contained living spaces, each with its own kitchen and private outdoor area, allowing everyone to gather together while enjoying their own space. The main level features a spacious 4 bedroom, 3 bathroom suite with an open concept living area and walkout to a lakeside deck, ideal for entertaining. The upper level offers a separate 4 bedroom, 1 bathroom suite with its own kitchen, two entrances (including a private exterior entrance), and a walkout to a generous terrace overlooking the lake. Completing the property is a charming detached 1 bedroom, 1 bathroom guest cottage, perfect for extended family or overnight guests. For decades, this remarkable property was known as the place to gather, hosting family celebrations, holiday weekends and memorable evenings with friends, neighbours and even celebrities. Serviced by municipal water and sewers, with ample parking for up to six vehicles, the property offers conveniences rarely found in a waterfront setting. Whether you continue its legacy as a cherished generational cottage, create an exceptional family compound, or reimagine it into your own Lake Simcoe retreat, the possibilities are endless. Located in the highly sought after enclave of Balfour Beach, this is more than a cottage - it's a place where memories are made and generations come together to enjoy the very best of waterfront living.
17 rooms. Dimensions as published by the listing brokerage.
| Room | Level | Dimensions | Features |
|---|---|---|---|
| Foyer | Main | 3.71 × 1.19 m12.2 × 3.9 ft | Closet |
| Kitchen | Main | 4.04 × 3.40 m13.3 × 11.2 ft | Window · Separate Room |
| Office | Main | 2.95 × 2.26 m9.7 × 7.4 ft | Closet · Window |
| Living Room | Main | 7.19 × 5.97 m23.6 × 19.6 ft | W/O To Deck · Fireplace · Overlook Water |
| Dining Room | Main | 5.16 × 3.48 m16.9 × 11.4 ft | Broadloom |
| Primary Bedroom | Main | 5.13 × 4.90 m16.8 × 16.1 ft | 5 Pc Ensuite · Closet · South View |
| Bedroom 2 | Main | 5.54 × 2.59 m18.2 × 8.5 ft | Closet · Window · Broadloom |
| Bedroom 3 | Main | 3.61 × 3.51 m11.8 × 11.5 ft | Closet · Window · Broadloom |
| Bedroom 4 | Main | 3.73 × 2.79 m12.2 × 9.2 ft | Closet · Window · Broadloom |
| Laundry | Main | 4.19 × 3.18 m13.7 × 10.4 ft | Closet |
| Dining Room | Main | 4.29 × 3.53 m14.1 × 11.6 ft | Broadloom |
| Bedroom | Ground | 4.09 × 3.43 m13.4 × 11.3 ft | 3 Pc Ensuite · Closet · Broadloom |
| Kitchen | Second | 3.45 × 3.02 m11.3 × 9.9 ft | Window |
| Living Room | Second | 7.19 × 3.89 m23.6 × 12.8 ft | W/O To Terrace · Fireplace |
| Primary Bedroom | Second | 3.73 × 3.56 m12.2 × 11.7 ft | Window · Closet · Overlook Water |
| Bedroom 2 | Second | 2.74 × 2.59 m9.0 × 8.5 ft | Window · Closet · Broadloom |
| Bedroom 3 | Second | 3.51 × 3.02 m11.5 × 9.9 ft | Window · Closet · Broadloom |
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced above most comparable listings — about 91% of comparable detached listings in Historic Lakeshore Communities are asking less.
Based on 43 comparable active detached listings in Historic Lakeshore Communities. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $2,195,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of FOREST HILL REAL ESTATE INC.. 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.
What similar homes in this area actually sold for.
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$1,849,000
Historic Lakeshore Communities
Listing courtesy of LPT REALTY
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Historic Lakeshore Communities
Listing courtesy of LPT REALTY
$1,949,500
Historic Lakeshore Communities
Listing courtesy of RE/MAX HALLMARK YORK GROUP REALTY LTD.
$2,199,000
Historic Lakeshore Communities
Listing courtesy of COLDWELL BANKER THE REAL ESTATE CENTRE