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Royal LePage
Royal LePage
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$975,000

Georgina ON, L0E 1L0

MLS® # N12581470

Property Information:

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. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Air Conditioning: Yes
  • Basement Development: Finished
  • Basement Type: N/A
  • Exterior Finish: Brick
  • Floor Space: 3000 - 3500 sqft
  • Foundation Type: Unknown
  • Heating Type: Baseboard heaters
  • Heating Fuel: Electric
  • Cooling Type: Wall unit
  • Appliances: Stove, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 7
  • Bathrooms: 4
  • Amenities Nearby: Marina, Park, Schools, Golf Nearby
  • Floor Space (approx): 3000 - 3500 Square Feet
  • Irregular: Yes
  • Lot Depth: 100 Feet
  • Lot Frontage: 57.7 Feet
  • Lot Size: 57.7 x 100 FT
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 6

Courtesy of: RE/MAX HALLMARK YORK GROUP REALTY LTD.

REALTOR.ca  

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⚠ Potential Investment Performance

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Location of 948 LAKE DRIVE E, Georgina, Ontario, L0E 1L0

Demographic Information of 948 LAKE DRIVE E, Georgina, Ontario, L0E 1L0

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$116,492.89

Average Number of Children

1.51

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

22.17 %

High school certificate or equivalent

38.22 %

Apprenticeship trade certificate/diploma

6.91 %

College/non-university certificate

22.92 %

University certificate (below bachelor)

0.36 %

University Degree

9.42 %

Commuter

Travel To Work

By Car

91.73 %

By Public Transit

0.8 %

By Walking

0.26 %

By Bicycle

0.0 %

By Other Methods

7.21 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

10.06 %

Houses

89.94 %

Own Vs. Rent

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