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$ 975,000
Est. payment /mo
Active
948 Lake DR E Georgina, ON L0E 1L0
7 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3000-3500
Subdivision Sutton & Jackson'S Point
MLS Listing ID N12581470
Style 2-Storey
Bedrooms 7
Annual Tax Amount $4,612
Tax Year 2025
Property Sub-Type Fourplex
Property Description
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.
Location
Province ON
County York
Community Sutton & Jackson'S Point
Area York
Rooms
Family Room No
Basement Finished
Kitchen 4
Interior
Interior Features None, Accessory Apartment
Cooling Wall Unit(s)
Inclusions 4 fridges, 4 stoves, 2 heat pumps, 2 hot water tanks. New Roof (2024)
Exterior
Pool None
Roof Type Flat
Lot Frontage 57.66
Lot Depth 100.0
Total Parking Spaces 6
Building
Foundation Unknown
Others
Senior Community No
ParcelsYN No
Listed by RE/MAX HALLMARK YORK GROUP REALTY LTD.
Nearby Locations