948 Lake Drive E, Georgina (sutton & Jackson's Point), Ontario

$925,000

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7

Beds

4

Baths

About 948 Lake Drive E

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) (id:36535)

Features of 948 Lake Drive E

Listing # N13571762
Price $925,000
Bedrooms 7
Bathrooms 4.00
Acres 0.00
Type Multi-family

Community Information

Address 948 Lake Drive E
Subdivision Sutton & Jackson's Point
City Georgina (sutton & Jackson's Point)
Province Ontario
Postal Code L0E1L0

Amenities

Amenities Beach, Marina, Park, Place of Worship, Schools, Golf Nearby
Parking Spaces 6
Parking No Garage
Is Waterfront No
Has Pool No

Interior

Appliances Water Heater, Stove, Refrigerator
Heating Electric Baseboard heaters
Cooling Wall unit
Fireplace No
# of Stories 2
Has Basement Yes
Basement Type N/A (Finished)
Basement Development Finished

Exterior

Exterior Brick
Lot Description 57.7 x 100 FT
Foundation Unknown

Listing Details

OfficeCourtesy Of RE/MAX HALLMARK YORK GROUP REALTY LTD.

Listing Map