Sold for:Sold Nov 30, 2024
$799,000

589 Lake Drive E

Georgina (Historic Lakeshore Communities), ON L0E 1S0

Detached House SoldNot available

This home has sold. It is no longer available.

Property not available for sale or for rent.

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Sale & Price History for 589 Lake Drive E, Georgina, Historic Lakeshore Communities

2024-10-11
2024-12-01
Sold
Price
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MLS#
n9394267

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 589 Lake Drive E, Georgina, Historic Lakeshore Communities

Very spacious and inviting detached 3 bedroom home on a wonderful large treed lot! Features a large open concept living and dining room with a walkout from dining room to back yard plus generous sized kitchen adjacent to laundry room and bonus spacious main floor family room with fireplace and another walkout to back yard and patio! All this just a quick walk to the fabulous beaches of Lake Simcoe! Truly an amazing opportunity to live in a high demand neighbourhood and enjoy all the pleasures of Lake Simcoe in both summer and winter!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$5,034
Land Transfer Tax Fee
$12,455

Rental Items

Rental Equipment
Hot Water Tank

Basement Type
Crawl Space

Interior Features

Laundry Level
Main Level
Interior Extras
None
Fireplace/Stove
Yes
Elevator
No

Exterior Features

Exterior Extras
Year Round Living
Pool
None
Property Features
Lake/Pond, Beach, Level, Park, School, School Bus Route
Other Structures
Garden Shed

Building

Building Type
Detached
Building Style
2-Storey

Construction

Exterior Finish
Brick Front, Vinyl Siding
Roof
Asphalt Shingle
Foundation Details
Unknown
Special Designation
Unknown

Lot

Lot Front
96.55 ft
Lot Depth
265.83 ft

Exclusions

Exclusions
Hot Water Tank if Rental

Parking & Garages

Garage Type
None
Garage Spaces
6
Parking Spaces
6
Total Garage And Parking Spaces
6

Heating & Cooling

Heat Source
Electric
Heat Type
Baseboard
Air Conditioning
Window Unit(s)
Water
Municipal
Sewers
Sewer
Natural Gas
Yes
Hydro
Yes
Cable
Available
Telephone
Available

Bedrooms
3
Washrooms
2
Kitchens
1
Family / bonus room
Yes

Room sizes

  • Living Room—
    Main level, Broadloom, Picture Window, Open Concept
  • Dining Room—
    Main level, Broadloom, W/O To Yard
  • Kitchen—
    Main level, Tile Floor, Window, Overlooks Backyard
  • Breakfast—
    Main level, Ceramic Floor, Bay Window
  • Family Room—
    Main level, Broadloom, W/O To Patio, Fireplace
  • Laundry—
    Main level, Tile Floor, 3 Pc Bath
  • Primary Bedroom—
    Second level, Broadloom, Closet, 4 Pc Bath
  • Bedroom 2—
    Second level, Broadloom, Closet
  • Bedroom 3—
    Second level, Broadloom

Washrooms

  • 3-piece, Main
  • 4-piece, Second

Municipality
Georgina
Neighbourhood
Historic Lakeshore Communities
Main cross streets
Lake Drive / Kennedy
Zoning
Residential

MLS® number
N9394267
Data source
Toronto Regional Real Estate Board
Status change
2024-12-01
Listed on
2024-10-11
Days on market
51 days
Possession type
Immediately/TBD
Co-op commission
2.5%
Seller
Listed by
RE/MAX REALTRON REALTY INC.

Home Market Value

Current home valuation for 589 Lake Drive E, Georgina, Historic Lakeshore Communities, Georgina, ON. Listed for $799,000

HOMEH Estimate

?

$976,754

Estimated Sales Range

?

$771,636 - $1,181,872

HOMEH Estimate for 589 Lake Drive E, Georgina, Historic Lakeshore Communities

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$976,754Medium confidence
Based on 4 comparable properties
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Georgina, ON
Minimum Down Payment Required:6.9%

5% on first $500K + 10% on $299,000 over $500K

Minimum down payment

$54,900

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$29,755$22,292$19,016$0
=Total mortgage
$773,624$741,392$698,166$639,200
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$3,777monthly$3,620monthly$3,409monthly$3,121monthly
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Land Transfer Tax

Provincial

$12,455

Total Land Transfer Tax

$12,455

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