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Historic Lakeshore Communities, Georgina
$599,999
Welcome to this charming bungalow just steps from the shores of Lake Simcoe! Offering three bedrooms and one bathroom, this cozy home is an excellent opportunity for first-time home buyers, downsizers, or investors. Enjoy your morning coffee on the front deck or unwind in the evening on the back deck overlooking the large, fully fenced backyard, perfect for children, pets, and entertaining. Move in and enjoy as-is, or renovate and customize to suit your style. Embrace lakeside living with easy access to the water for paddleboarding, kayaking, swimming, or simply relaxing while taking in the beautiful views. A fantastic opportunity to own an affordable home in a desirable lakeside community!
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 700-1100 sq. ft. |
| Property Tax | $3,615 |
| Lot Size | 52.96 ft x 182 ft |
| mls© Number | N13682082 |
| Listed By | RE/MAX ALL-STARS 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%
- $3,071
- Property tax
- $301
- Heat allowance
- $150
- Housing costs
- $3,522 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$108,000
gross annual household income
- Payment at 4%
- $2,525 / mo
- Cash down
- $120,000
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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