948 Lake Drive E, Georgina, ON

$1,025,000

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7

Beds

4

Baths

3,000

Square feet

About 948 Lake Drive E

Welcome to this rare income-generating fourplex, ideally located in the heart of Jacksons Point just steps from Lake Simcoe, beaches, parks, shops, and restaurants. This well-maintained property features four self-contained units, each offering comfortable layouts and strong rental appeal.Whether you're an investor looking for steady cash flow or a buyer seeking a multi-generational living opportunity, this property delivers flexibility and long-term value. Three of the suites feature two spacious bedrooms and one full bathroom, while the fourth suite offers a cozy one-bedroom layout, also with a full bathroom. Each unit is self-contained and separately metered, giving tenants independence and reducing management complexity for the owner. With its versatile unit mix, this property appeals to a wide range of tenants, from professionals and couples to small families. Investors will appreciate the steady rental demand in Jacksons Point, a community known for its blend of small-town charm and recreational lifestyle, while residents enjoy easy access to parks, beaches, marinas, and year-round outdoor activities.Tenants enjoy the convenience of on-site parking, private entrances, and easy access to local amenities, while owners benefit from consistent rental income in a highly desirable lakeside community. With Jacksons Point continuing to grow as a sought-after destination for year-round living and recreation, this fourplex is a prime opportunity to secure a strong-performing asset in a thriving market.

Features of 948 Lake Drive E

MLS® # N12378455
Price $1,025,000
Bedrooms 7
Bathrooms 4.00
Square Footage 3,000
Type Residential Freehold
Sub-Type Fourplex
Style 2-Storey
Status Active

Community Information

Address 948 Lake Drive E
Area York
Subdivision Sutton & Jackson's Point
City Georgina
Province ON
Postal Code L0E 1L0

Amenities

Parking Spaces 6
Garages None
Is Waterfront No
Pool None

Interior

Heating Baseboard
Cooling Wall Unit(s)
Fireplace No
Basement Finished

Exterior

Exterior Brick

Listing Details

OfficeKELLER WILLIAMS REALTY CENTRES

Listing Map

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