Listed by New Era Real Estate.

1031 Lake Drive N is a Detached, 2-Storey and is currently for Sale @ $1,229,000. Taxes in 2025 were $7,420.00.

More homes for sale under 1.2M in Georgina

Welcome to lakeside living by beautiful Lake Simcoe! Situated directly across the street from the lake on an impressive 50 x 271 ft lot, this unique property offers over 3,300 sq. The 2-Storey on 1031 Lake Drive N has 3 bedrooms, 4 bathrooms, and is located on a 271 x 50 ft lot in the community of Historic Lakeshore Communities . ft. of total living space and is currently fully rented, with both the upper residence and basement suite tenanted, making it an excellent opportunity for investors or future end users.The spacious upper residence features large windows with views toward the lake and expansive backyard, vaulted ceilings in the open-concept living and kitchen area, custom finishes throughout, and an impressive primary bedroom retreat complete with reading and TV areas and a custom 4-piece spa-inspired ensuite. The upper-level deck provides a peaceful setting to enjoy the surrounding lake views.The fully finished 1-bedroom basement suite features an upgraded ensuite bathroom, walk-in closet, separate laundry and private side entrance, providing a functional and self-contained additional living space.The oversized backyard offers a patio, deck, expansive lawn and fire pit, while Lake Simcoe is easily accessible via a permanent dock approximately 500 metres from the property for swimming, fishing and water sports.Conveniently located close to marinas, shops, schools, hiking trails, beaches and major transportation routes. A rare opportunity to own a fully tenanted property near Lake Simcoe, offering immediate rental income and excellent future flexibility.

All Elfs, Fridge, Stove, Dishwasher, Washer/Dryer, Fridge, Stove, Microwave Main Floor and Basement; Central Vac, Garage Door Opener New glass shower door (to be installed in 2nd upper bathroom) Pull out couch, Lower level galley table and stools, Lower level sofa, Lower level fireplace

The address 1031 Lake Drive N was listed for sale (MLS# N13240790) on Tuesday, June 02, 2026.