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Listed 13 days ago

55 Malone Road

Sutton & Jackson's Point, Georgina

$774,900

Detached|Other
1 | 1 | 2
About this home

A Truly Exceptional Lakefront Residence, Where The Water Becomes Your Backyard And Every Day Begins With An Unforgettable View. Set Directly On The Shores Of Lake Simcoe, This Renovated Lake House Above A Wet Slip Boathouse Offers A Rare Opportunity To Live Quite Literally Over The Water, Blending The Charm Of A Lakeside Retreat With The Comfort Of Year-Round Living.Above, The Thoughtfully Designed Living Quarters Feature A Bright 1+1 Bedroom Layout Enhanced By A Striking Three-Sided Gas Fireplace, Creating Warmth And Atmosphere From Every Angle. Recent Updates Including New Flooring, Carpets, And Mechanical Improvements Ensure A Turnkey Experience.Below, Your Private Wet Slip Boathouse Delivers Direct, Deeded Waterfront Access With Dedicated Docking. Perfect For Effortless Boating, Fishing, And Days Spent Exploring The Open Lake. Step Outside To Take In Sweeping Views Over Jackson's Point Harbour, Where The Rhythm Of The Water Becomes Part Of Everyday Life.With Municipal Services Connected, This Property Offers A Seamless Blend Of Convenience And Waterfront Luxury, A Truly Unique Offering For End-Users, Weekend Retreat Seekers, Or Investors Looking For Something Distinctive. Where Boating, Views, And Refined Waterfront Living Come Together In A Way Few Properties Ever Do.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleOther
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$3,300
Lot Size82.27 ft x 97.82 ft
mls© NumberN13691266
Listed ByRE/MAX HALLMARK YORK GROUP REALTY LTD.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,966
Property tax
$275
Heat allowance
$150
Housing costs
$4,391 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $154,980
25-yr amortization

Income needed

$135,000

gross annual household income

Payment at 4%
$3,261 / mo
Cash down
$154,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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