Added 6 hours ago
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Type: Detached
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Style: Sidesplit 3
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Size: 2500 sqft
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Lot Size: 67.51 x 218.99 Feet
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Age: 51-99 years
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Taxes: $7,649 per year
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Added: Jan 23, 2025 (6 hours ago)
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Updated:
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Last Checked: 1 hour ago
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MLS®#: N11937067
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Listed By: Century 21 leading edge realty inc.
Attention Investors! An incredible investment opportunity awaits! Whether you're 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. 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."
Extras
UPPER & BASEMENT UNITS, Already ( TENANTED ).
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Property
Status: Sale
Property Type: Detached
Style: Sidesplit 3
Size (sq ft): 2500
Age: 51-99
Area: Georgina
Community: Historic Lakeshore Communities
Availability Date: 60/90 Days
Inside
Bedrooms: 3
Bedrooms Plus: 1
Bathrooms: 4
Kitchens: 2
Rooms: 10
Den/Family Room: Yes
Air Conditioning: Central Air
Fireplace: Yes
Laundry Level: Lower
Central Vacuum: Y
Washrooms: 4
Utilities
Electricity: Yes
Gas: Yes
Cable: Yes
Telephone: Yes
Building
Basement: Finished
Basement 2: Sep Entrance
Heat Type: Forced Air
Heat Source: Gas
Exterior: Alum Siding
Exterior: Stone
Elevator: N
UFFI: No
Water Supply: Municipal
Special Designation: Unknown
Other Structures: Drive Shed
Retirement: N
Parking
Driveway: Available
Garage Spaces: 3
Garage Type: Detached
Covered Parking Spaces: 8
Total Parking Spaces: 11
Fees
Tax Year: 2024
Tax Legal Description: Lot 49 Plan 529 N Gwillimbury, Georgina, 18.75 ft x 11.78 ft x 5
Taxes: $7,649
Highlights
Feature: Beach
Feature: Clear View
Feature: Cul De Sac
Feature: Fenced Yard
Feature: Lake Access
Feature: Waterfront
Land
Cross Street: Nida Dr and Lake Dr
Municipality District: Georgina
Fronting On: West
Parcel Number: 034880015
Pool: None
Sewer: Sewers
Sewer: Municipal Avai
Lot Depth: 218.99 Feet
Lot Frontage: 67.51 Feet
Acres: .50-1.99
Waterfront: Indirect
Water Body Type: Lake
Access To Property: Yr Rnd Municpal Rd
Easements Restrictions: Unknown
Water Features: Beachfront
Water Features: Boat Launch
Shoreline: Shallow
Shoreline Allowance: Not Ownd
Shoreline Exposure: Sw
Rural Services: Cable
Rural Services: Electrical
Rural Services: Garbage Pickup
Rural Services: Internet High Spd
Rural Services: Natural Gas
Rooms
Room details for 55 Lake Drive North, Georgina
| Type | Dimensions | Description |
|---|---|---|
| Living Upper | 6.02 x 5.22 | Overlook Water, Hardwood Floor, W/O To Deck |
| Dining Upper | 5.02 x 5.02 | Overlook Water, 2 Pc Bath, Large Window |
| Kitchen Upper | 3.34 x 5.23 | W/O To Deck, French Doors, Pantry |
| Prim Bdrm Upper | 4.10 x 6.59 | 4 Pc Ensuite, Closet, Overlook Water |
| 2nd Br Upper | 3.51 x 3.66 | O/Looks Backyard, Laminate |
| 3rd Br Upper | 2.73 x 3.51 | O/Looks Backyard, Laminate, Closet |
| 4th Br Main | 3.09 x 3.01 | Overlook Water, Laminate |
| Living Main | 2.99 x 3.38 | Fireplace, W/O To Patio, Laminate |
| Dining Main | 3.37 x 3.38 | Combined W/Living, O/Looks Backyard, 3 Pc Bath |
| Living Lower | 3.92 x 7.58 | Combined W/Dining, Above Grade Window, 3 Pc Bath |
Car-Dependent
- Almost all errands require a car.
Some Transit
- Most errands require a car.
Somewhat Bikeable
- Most errands require a car.
Deer Park Public School
Elementary: PublicSt Thomas Aquinas Catholic Elementary School
Elementary: CatholicKeswick Public School
Elementary: PublicLakeside Public School
Elementary: PublicW J Watson Public School
Elementary: PublicR L Graham Public School
Elementary: PublicBradford Campus
Secondary: PublicOur Lady of the Lake Catholic College High School
Secondary: CatholicSutton District High School
Secondary: PublicKeswick High School
Secondary: PublicBradford District High School
Secondary: PublicNantyr Shores Secondary School
Secondary: Public-
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