









87 Sibbald Crescent
Sutton & Jackson's Point, Georgina
$799,000
Welcome to 87 Sibbald Cres. 2 minute boat ride to Lake Simcoe! On the River so Boat Dock will be protected in the winter!- An exceptional waterfront property offering 100 feet of frontage and 300 feet of depth on the scenic Black River, with direct boating access to Lake Simcoe.This bungalow has been taken down to the studs, giving you a true blank canvas to create the waterfront home you've always envisioned.Whether you're looking to complete a modest, charming riverfront cottage or design and build your dream waterfront residence, the hard work of demolition has already been started. Adding even more value, the property comes with approved minor variance drawings for a detached garage with a storage loft above, offering flexibility for additional space, hobbies, etc. Set on a peaceful stretch of the Black River, you'll enjoy boating, kayaking, fishing, and breathtaking waterfront views, all while being just minutes from shopping, restaurants, and the renowned Briars Golf Club and Resort community. Whether you're dreaming of a cozy waterfront retreat or a spectacular custom home, opportunities like this - with generous frontage, river access and most of the groundwork already completed - are increasingly rare. Bring your vision and make this incredible waterfront property your own. Highlights: -100' x 30' waterfront lot on the Black River -Direct Access to Lake Simcoe -Bungalow stripped to the studs, ready for your vision -Drilled well, natural gas, and 100-amp electrical service, Approved minor variance drawings for detached garage with loft/storage above, Close to shopping, dining, golf, and year-round recreation - has a boat inlet (past boat house grandfathered - so can re-build! - Recognized by Lake Simcoe Conservation Authority!) **Some pics are AI generated
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $5,657 |
| Lot Size | 100 ft x 300 ft |
| mls© Number | N13607192 |
| Listed By | REAL ESTATE HOMEWARD |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,090
- Property tax
- $471
- Heat allowance
- $150
- Housing costs
- $4,711 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$145,000
gross annual household income
- Payment at 4%
- $3,362 / mo
- Cash down
- $159,800
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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