Gurvinder Nokwal REALTOR®
For Sale Fourplex 94 days on market

$925,000

Est. payment $4,096/moCalculate yours

948 Lake Drive E, Georgina, ON L0E 1L0

Sutton & Jackson's Point, Georgina, ON L0E 1L0

  • 7 Beds
  • 4 Baths
  • 3,000 Sq Ft
Map

Listing courtesy of RE/MAX HALLMARK YORK GROUP REALTY LTD. MLS® N13571762

About this home

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)

Property details

Overview

Property Type
Fourplex
Style
2-Storey
For
For Sale
Status
New
Size
3,000 sqft

Interior

Bedrooms
7
Bathrooms
4
Kitchens
4
Basement
Finished

Building & Systems

Heating
Baseboard (Electric)
Cooling
Wall Unit(s)
Exterior
Brick
Foundation
Unknown
Roof
Unknown
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
57.66 x 100 Feet
Parking
None garage · 6 total

Financial

Property Taxes
$4,612 (2025)

Location

Neighbourhood
Sutton & Jackson's Point
Cross Street
Jackson's Point / Lake
Direction Faces
North

Listing

MLS® Number
N13571762
Days on Market
94
Listed On
2026-07-16
Possession
TBD
Listed By
RE/MAX HALLMARK YORK GROUP REALTY LTD.

Features

Interior

  • None
  • Accessory Apartment

Property

  • Beach
  • Marina
  • Park
  • Place Of Worship
  • School
  • Golf

Pool

  • None
Included
4 fridges, 4 stoves, 2 heat pumps, 2 hot water tanks. New Roof (2024)
Excluded
all tenants belongings.
Rental items
None

Mortgage calculator

Minimum for this price: $67,500 (7.3%)

Amortization, years

Estimated mortgage payment

$4,096 per month

Principal and interest
$4,096
Property tax
$384
Estimated monthly cost
$4,480

Your mortgage

Mortgage amount
$740,000
Mortgage insurance
Not needed
Interest over 25 years
$488,710

Cash to close

Down payment
$185,000
Land transfer tax
$14,975
Total, before legal fees
$199,975
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

948 Lake Drive E, Georgina, ON L0E 1L0 Sutton & Jackson's Point, Georgina, ON L0E 1L0
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$925,000 948 Lake Drive E, Georgina, ON L0E 1L0
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