127 Lake Drive N
Historic Lakeshore Communities, Georgina
$1,569,900
Incredible Opportunity To Own Deeded Indirect Waterfront On Prestigious Lake Dr, Enjoy Spectacular Westerly Sunsets Over Lake Simcoe With Exclusive Use Of Your Private Waterfront &Dock. Lake Simcoe Is Renowned For World-Class Fishing, Boating, Ice Fishing & Year-Round Recreation. Lovingly Maintained Home Reflects True Pride Of Ownership & Offers Cozy Cottage Charm. Walk Out To An Oversized Wrap Around Deck Overlooking The Water. Large Windows Fill The Home With Natural Light & Stunning Lake Views. Gorgeous 4 Bed, 4 Bath, 2 Storey Home Featuring An Updated Kitchen With New Countertops, Spacious Primary Bedroom With Clear Lake Views, Plus A 4th Bedroom With Beautiful Water Views. Finished Walkout Basement Includes Wet Bar, Sauna &Gas Fireplace. Waterfront Features A Two Level Deck & Studio. Enjoy Full Municipal Services, Parks, Marinas, Golf Courses, Shopping & Just 15 Minutes To Hwy 404. Meticulously Maintained &Move In Ready. Don't Miss This Rare Opportunity To Own Your Own Piece Of Paradise On Lake Simcoe! EXTRAS Stove, Dishwasher, Hood Fan, Basement Washer & Dryer, ELFs
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 51-99 |
| Size | 2000-2500 sq. ft. |
| Property Tax | $7,989 |
| Lot Size | 50 ft x 226.41 ft |
| mls© Number | N13659720 |
| Listed By | KW Living Realty |
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%
- $8,035
- Property tax
- $666
- Heat allowance
- $150
- Housing costs
- $8,851 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$272,000
gross annual household income
- Payment at 4%
- $6,606 / mo
- Cash down
- $313,980
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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