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Historic Lakeshore Communities, Georgina
$999,999
Welcome to this unique custom-built home on desirable Lyons Lane, just minutes from Franklin Beach, De La Salle Beach, and beautiful Lake Simcoe. The property also offers access to two private lake areas. The main residence features a bright and spacious layout with a cathedral ceiling, gas fireplace, and walkout from the living room to the deck. The main-floor primary bedroom includes a walk-in closet and 4-piece ensuite. A formal dining room adds to the home's functionality. Plumbing and electrical connections are already in place for a second main-floor laundry area, ready for the installation of a washer and dryer. Upstairs, the generously sized bedrooms are connected by an open hallway overlooking the living room. The fully finished basement has a separate entrance and contains two separate spaces: a one-bedroom unit and a bachelor unit, which may also be used as a recreation room. The detached, insulated double garage includes a 60-amp panel, woodstove, and a finished guest or recreation space with a 3-piece ensuite. This versatile area may offer potential for AirBnB use, subject to applicable approvals and the buyer's own due diligence. The drywall may also be removed to convert the space back for additional garage use. Situated on a generously sized lot, the property features a covered front verandah and established perennial gardens. There is also potential to expand the upper-level bedroom space or closets. Buyer to complete their own due diligence.
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This seller is holding back offers
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 6-15 |
| Size | 2000-2500 sq. ft. |
| Property Tax | $5,710 |
| Lot Size | 67.91 ft x 134.41 ft |
| mls© Number | N13601362 |
| Listed By | RE/MAX REALTRON REALTY INC. |
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%
- $5,118
- Property tax
- $476
- Heat allowance
- $150
- Housing costs
- $5,744 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$177,000
gross annual household income
- Payment at 4%
- $4,208 / mo
- Cash down
- $200,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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