948 LAKE DRIVE E Georgina

948 LAKE DRIVE E, Georgina

$1,025,000

  • 7
  • 4
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:41353)
  • Listing ID: N12378455
  • Property Type: Multi-family
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Details

  • Amenities Nearby: Beach, Marina, Park, Place of Worship, Schools, Golf Nearby
  • Parking Spaces: 6
  • Transaction: For sale

Building

  • Appliances: Water Heater, Stove, Refrigerator
  • BasementType: N/A (Finished)
  • Basement Development: Finished
  • Bedrooms Main Level: 7
  • Cooling: Wall unit
  • Exterior Finish: Brick
  • Fireplace Present: False
  • Foundation: Unknown
  • Bathrooms (Total): 4
  • Heating: Baseboard heaters
  • Heating Fuel: Electric
  • Size Interior: 3000 - 3500 sqft
  • Stories Total: 2
  • Type: Fourplex
  • Utility Water: Municipal water

Land

  • Amenities: Beach, Marina, Park, Place of Worship, Schools, Golf Nearby
  • Sewer: Sanitary sewer
  • Size Depth: 100 ft
  • Size Frontage: 57 ft ,8 in
  • Size Irregular: 57.7 x 100 FT

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    This property for sale is located at 948 LAKE DRIVE E in Georgina. It was last modified on September 3rd, 2025. Contact Maggie Horne to schedule a viewing or to discover other Georgina properties for sale.

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