Listed by Keller Williams Realty Centres.

948 Lake Drive E is a Fourplex, 2-Storey and is currently for Sale @ $975,000. Taxes in 2025 were $4,612.00.

More homes for sale under 1M in Georgina

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. The 2-Storey on 948 Lake Drive E has 7 bedrooms, 4 bathrooms, and is located on a 100 x 57.66 ft lot in the community of Sutton & Jackson's Point . 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)

The address 948 Lake Drive E was listed for sale (MLS# N12581470) on Thursday, November 27, 2025.