$1,688,888
Available - For Sale
Listing ID: N12116136
55 Lake Driv North , Georgina, L4P 1A5, York
| Attention Investors! An incredible investment opportunity awaits! Whether youre looking to grow your rental portfolio or start a vacation rental business, this property is packed with potential. This property is perfect for Airbnb or rental income ventures. Key features include: Legal duplex designation with a visible plate on the front of the house. Three units, each with private entrances, offering flexible rental options. Private dock and deeded lake access for year-round enjoyment. The town has started the process for owner purchase of the waterfront land across the street an exciting added value opportunity! 200-amp electrical service, ensuring reliable power for all units. Metal Roof, Furnace 2021 , A/C 2022 , Hot water Tank Owned 2016 . Basement walls Double Insulated. A spacious three-door garage for storage or additional use. A large lot with plenty of parking in both the front and back. This property has incredible potential, whether for short-term rentals, long-term tenants, or a mix of both. UPPER & BASEMENT UNITS, Already ( TENANTED ). Legal Duplex With 3rd Sep. Unit In Bsmnt (Can Apply To Make 3rd Unit Legal) On Massive Waterfront Lot! Widens To 82Ft In Rear. Unobstructed Western Lakefront Views! Private Dock + Steps To Boat Launch. Detached 3.5 Car Garage. Instant Lake Access In Winter For Ice Fishing! Upper Unit 1500Sqft: 4 Bedrooms(Converted To 3) + 2 Baths, Kitchen, Dining, Laundry, 2 Decks (Front And Back). Main Unit 550Sqft: 1 Bedroom + 1 Bath, Kitchen, Dining And Walk-Out Patio. Bsmnt Unit 450Sqft: Walk-Up Big Bachelor + 1 Bath + Side Private Patio. The seller assumes no responsibility for the accuracy of measurements or any others. The buyer is advised to conduct their own independent investigations and due diligence." |
| Price | $1,688,888 |
| Taxes: | $7648.85 |
| Assessment Year: | 2024 |
| Occupancy: | Owner+T |
| Address: | 55 Lake Driv North , Georgina, L4P 1A5, York |
| Acreage: | .50-1.99 |
| Directions/Cross Streets: | Nida Dr and Lake Dr N |
| Rooms: | 10 |
| Rooms +: | 4 |
| Bedrooms: | 3 |
| Bedrooms +: | 1 |
| Family Room: | T |
| Basement: | Apartment, Crawl Space |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Upper | Living Ro | 17.12 | 19.75 | Overlook Water, Hardwood Floor, W/O To Deck |
| Room 2 | Upper | Dining Ro | 16.47 | 16.47 | Overlook Water, 2 Pc Bath, Large Window |
| Room 3 | Upper | Kitchen | 17.15 | 10.96 | W/O To Deck, Overlook Water |
| Room 4 | Upper | Primary B | 21.62 | 13.45 | 4 Pc Ensuite, Closet, Overlook Water |
| Room 5 | Upper | Bedroom 2 | 12 | 11.51 | Overlooks Backyard, Laminate |
| Room 6 | Upper | Bedroom 3 | 11.51 | 8.95 | Overlooks Backyard, Laminate |
| Room 7 | Main | Bedroom 4 | 9.87 | 10.14 | Overlook Water, Laminate |
| Room 8 | Main | Kitchen | 9.87 | 10.4 | Overlooks Dining, Walk-Out |
| Room 9 | Main | Dining Ro | 11.09 | 11.05 | Combined w/Living |
| Room 10 | Main | Bathroom | |||
| Room 11 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Upper |
| Washroom Type 2 | 2 | Upper |
| Washroom Type 3 | 3 | Main |
| Washroom Type 4 | 3 | Basement |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | 51-99 |
| Property Type: | Detached |
| Style: | Sidesplit 3 |
| Exterior: | Aluminum Siding, Stone |
| Garage Type: | Detached |
| (Parking/)Drive: | Available, |
| Drive Parking Spaces: | 8 |
| Park #1 | |
| Parking Type: | Available, |
| Park #2 | |
| Parking Type: | Available |
| Park #3 | |
| Parking Type: | Front Yard |
| Pool: | None |
| Other Structures: | Drive Shed, Fe |
| Approximatly Age: | 51-99 |
| Approximatly Square Footage: | 2000-2500 |
| Property Features: | Beach, Clear View |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | Y |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
| Central Vac: | Y |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Elevator Lift: | False |
| Sewers: | Sewer |
| Utilities-Cable: | Y |
| Utilities-Hydro: | Y |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| CENTURY 21 LEADING EDGE REALTY INC. |
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HANIF ARKIAN
Broker
Dir:
416-871-6060
Bus:
416-798-7777
Fax:
905-660-5393
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At a Glance:
| Type: | Freehold - Detached |
| Area: | York |
| Municipality: | Georgina |
| Neighbourhood: | Historic Lakeshore Communities |
| Style: | Sidesplit 3 |
| Approximate Age: | 51-99 |
| Tax: | $7,648.85 |
| Beds: | 3+1 |
| Baths: | 4 |
| Fireplace: | Y |
| Pool: | None |
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