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Listed 1 month ago

678 Lake Drive E

Historic Lakeshore Communities, Georgina

$5,999,000

Detached|2-Storey
6 | 8 | 20
About this home

THREE COTTAGES ON ONE PROPERTY. There Are Lakefront Properties & Then There Is Sunset Shores. Set On Approximately 1.7 Acres Of Direct Lake Simcoe Waterfront, This Extraordinary Family Compound Is A Place Where Generations Gather, Lifelong Traditions Begin & Every Evening Ends With Spectacular Sunset Views Across The Lake. Lush Perennial Gardens, Mature Trees & Expansive Lawns Create A Private, Park-Like Setting That Is As Beautiful To Explore As It Is To Entertain In. Thoughtfully Designed As A True Multi-Generational Retreat, The Estate Offers Three Distinct Residences, Each With Its Own Character: The Landing, Shorehouse & Driftwood, Creating Exceptional Space For Family & Guests While Preserving Privacy For Everyone. At The Shoreline, Sunset Slip, A Wet-Slip Boathouse, Anchors Days Spent On The Water, While Sunset Court Offers The Opportunity To Restore A Sports Court Into The Ultimate Recreation Space. Crystal-Clear Water & A Gradual Entry Create The Perfect Setting For Children & Grandchildren To Swim, While Deeper Water Beyond Easily Accommodates Boating. Cruise Across The Lake For Lunch Or Coffee At Friday Harbour, Spend The Day Exploring Lake Simcoe, Or Venture Through The Trent-Severn Waterway Right From One Of Your Own Permanent Docks. The Landing Is A Bungalow Offering 5 Beds, 3 Baths, A Newer Roof, Gas Furnace & Central Air. Shorehouse Is A Two-Storey Lakefront Residence With 6 Beds, 3 Baths, A Main Floor Bedroom, Stunning Lake Views From Many Rooms & A Distinctive Sunken Living Room Centered Around A Beautiful Stone Fireplace. Driftwood Is A Charming 3 Bed, 2 Bath Bungalow Overlooking The Beach, Offering Lake Views & The Perfect Retreat For Family Or Guests. Serviced By Municipal Water & Sewer & Located Just Over An Hour From Toronto, Sunset Shores Is More Than A Waterfront Property. It Is A Rare Opportunity To Own One Of Lake Simcoe's Most Remarkable Family Estates, Where Summers Become Traditions & Memories Are Measured In Sunsets.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2500-3000 sq. ft.
Property Tax$30,288
Lot Size146.8 ft x 473.11 ft
mls© NumberN13503762
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%
$30,706
Property tax
$2,524
Heat allowance
$150
Housing costs
$33,380 / mo

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

Down payment20% · $1,199,800
25-yr amortization

Income needed

$1,027,000

gross annual household income

Payment at 4%
$25,245 / mo
Cash down
$1,199,800

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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