948 Lake Drive E, Georgina, ON L0E 1L0
Sutton & Jackson's Point, Georgina · Near Jackson's Point / Lake · View map
About this home
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.4 fridges, 4 stoves, 2 heat pumps, 2 hot water tanks. New Roof (2024)
The home
- Type
- Fourplex
- Style
- 2-Storey
- Square footage
- 3000-3500 sq ft
- Bedrooms
- 7
- Bathrooms
- 4
- Kitchens
- 4
- Rooms
- 16
- Basement
- Finished
- Lot size
- 57.7 x 100 ft
- Faces
- North
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Electric
- Heating type
- Baseboard
- Air conditioning
- Wall Unit(s)
- Fireplace
- No
Garage & parking
- Driveway spaces
- 6
- Total parking
- 6
Taxes & other
- Property taxes
- $4,612/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- TBD
- Cross street
- Jackson's Point / Lake
- Neighbourhood
- Sutton & Jackson's Point
More
- Price per sq ft
- ~$285 (at 3,250 sq ft)
- MLS® number
- N13571762
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The home and its surroundings
- Accessory Apartment
- Beach
- Marina
- Park
- Place Of Worship
- School
- Golf
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
948 Lake Drive, Georgina, ON L0E 1L0
Sutton & Jackson's Point, Georgina · Near Jackson's Point / Lake
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Listing history for 948 Lake Drive
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 948 Lake Drive E
Answers come straight from this home’s MLS® listing.
How much is 948 Lake Drive E listed for, and what would it cost each month?
948 Lake Drive E is listed for $925,000. With 20% down ($185,000), the mortgage payment would be roughly $3,731 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $4,116 a month, all in. That figure is an illustration, not a quote.
Is 948 Lake Drive E freehold or a condo, and is there a monthly fee?
948 Lake Drive E is a fourplex in Sutton & Jackson's Point, Georgina. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 948 Lake Drive E have?
948 Lake Drive E has 7 bedrooms and 4 bathrooms. The listing gives the style as 2-storey.
Does 948 Lake Drive E have a garage and parking?
The listing does not show a garage. The driveway adds 6 spaces. In total the listing counts 6 parking spaces.
Does 948 Lake Drive E have a finished basement?
The listing describes the basement as finished. Finished basement space is usually not counted in the square footage shown.
What style of home is 948 Lake Drive E?
948 Lake Drive E is a fourplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.
How big is 948 Lake Drive E, and what is the lot size?
The listing puts the home between 3,000 and 3,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 57.7 x 100 ft.
How is 948 Lake Drive E heated and cooled?
Heating is baseboard (electric). Cooling is wall unit(s).
What are the property taxes for 948 Lake Drive E?
Property taxes are $4,612 a year (2025), or about $384 a month.
Where is 948 Lake Drive E?
948 Lake Drive E is in the Sutton & Jackson's Point community of Georgina. The nearest main intersection is Jackson's Point / Lake. The postal code is L0E 1L0.
Is 948 Lake Drive E still for sale?
Yes. It is an active listing (MLS® N13571762). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 948 Lake Drive E asking?
Similar properties for sale nearby right now include 41 High Street at $1,200,000 (6+1 bed), 257 Parkwood Avenue at $669,999 (6 bed) and 700 Catering Road S at $688,000 (2 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 948 Lake Drive sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 948 Lake Drive E?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Sutton & Jackson's Point, picked by style, size and price.
Multiplex$1,200,00041 High Street, Georgina6+1 bed · 4 bath · Sutton & Jackson's PointCourtesy of: HOMELIFE/FUTURE REALTY INC.View home →
Duplex$669,999257 Parkwood Avenue, Georgina6 bed · 3 bath · Keswick SouthCourtesy of: SOLTANIAN REAL ESTATE INC.View home →
Duplex$688,000700 Catering Road S, Georgina2 bed · 1 bath · BaldwinCourtesy of: REMAX YOUR COMMUNITY REALTYView home →Courtesy of: RE/MAX HALLMARK YORK GROUP REALTY LTD.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.