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Listed 1 month ago

17 Lake Drive E

Historic Lakeshore Communities, Georgina

$1,089,888

Detached|Bungalow-Raised
2 | 1 | 5
About this home

Escape From The City Hustle To This Piece Of Paradise! Only 45 Min Drive From Toronto. Lakefront Charming 4-Season Home In A Sought After Area On South Shores Of Lake Simcoe. 50 Feet Of Waterfront With Private Extensive Permanent Dock And Lots Of Space For Outdoor Entertaining In Prime Swimming And Boating Area. This 2 Bedroom Bungalow Offers Gorgeous Lake Views And Lots Of Natural Light. Open Concept Kitchen/Dining/Living With Gas Fireplace And Walk-Out To The Large Wrap-Around Deck. Premium 50x150 Ft Lot. Short Walk To Public Transit. All Town Services Include Water/Sewer/Natural Gas. Live In This Charming Home Or Build Your Dream Home!

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Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
StyleBungalow-Raised
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$5,621
Lot Size50 ft x 150 ft
mls© NumberN13487358
Listed ByLPT REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$5,579
Property tax
$468
Heat allowance
$150
Housing costs
$6,197 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $217,978
25-yr amortization

Income needed

$191,000

gross annual household income

Payment at 4%
$4,586 / mo
Cash down
$217,978

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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