417 Lake Drive, Georgina, ON

Historic Lakeshore Communities, Georgina · MLS® N13061360

$939,900
For Sale
Listed 172 days agoNo offer date statedSitting longer than typical
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About this home

In short

  • Build Your Dream Home At 417 Lake Drive East, A Premium Corner Lot In Willow Beach Located Less Than An Hour From Toronto.
  • Bring Your Imagination Or Skip The Time Of Planning With Preliminary Work Already Completed And Proposed Drawings For A Sophisticated Two Story 3,000 +/- Sqft...

Build Your Dream Home At 417 Lake Drive East, A Premium Corner Lot In Willow Beach Located Less Than An Hour From Toronto. This Indirect Waterfront Property Offers Exclusive Beach Access And Stunning Northwest Sunset Views Over Lake Simcoe. Bring Your Imagination Or Skip The Time Of Planning With Preliminary Work Already Completed And Proposed Drawings For A Sophisticated Two Story 3,000 +/- Sqft Residence Available. With A Roadmap In Place, This Property Is Primed For Immediate Action. Secure Your Spot Along Lake Simcoe And Start Living Your Lake Life Dream. Proposed Drawings, Development Charge Fee List, Survey, Permits, Etc., Available.

Key facts

Property type
Other, Other
MLS®
N13061360
Lot
63.98 × 185.65 ft
Cross streets
Lake Drive E & Kennedy Rd
Heating
Other
Sewer
Sewer
Property tax
$4,542 / 2025
Days on market
172
Listing brokerage
LPT REALTY
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

Neighbourhood & location

Historic Lakeshore Communities, Georgina, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Sutton & Jackson's Point
$624K
Keswick North
$754K
Baldwin
$1.40M
Virginia
$590K
Keswick South
$850K

Typical asking price of active listings of the same type, per area (outliers removed). Georgina.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$4,284/mo
$179KIncome needed
5.3×Price ÷ income
$989Weekly cost
$15,273Land transfer tax, one-time (Ontario)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

92%mortgage
Mortgage $4,284Property tax $379Total carry $4,662

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,157per month

Mortgage amount $751,920 · 4.49% over 25 years

$187,980Down payment (20.0%)
$751,920Loan before insurance
$0CMHC premium
$4,536Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,157
Property tax
$379
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,536

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$15,273
Estimated closing costs
$15,273

Plus your down payment of $187,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,032/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$495,328Total interest paid
$1,247,248Total of all payments
Principal $751,920 Interest $495,328
YearPrincipalInterestBalance
1$16,780$33,110$735,140
2$17,542$32,348$717,599
3$18,338$31,552$699,261
4$19,171$30,719$680,090
5$20,041$29,849$660,049
6$20,951$28,939$639,098
7$21,902$27,988$617,196
8$22,897$26,993$594,299
9$23,936$25,954$570,363
10$25,023$24,867$545,340
11$26,159$23,731$519,181
12$27,347$22,543$491,834
13$28,589$21,301$463,245
14$29,887$20,003$433,359
15$31,244$18,646$402,115
16$32,662$17,228$369,453
17$34,145$15,745$335,308
18$35,696$14,194$299,612
19$37,316$12,574$262,296
20$39,011$10,879$223,285
21$40,782$9,108$182,504
22$42,633$7,257$139,870
23$44,569$5,321$95,301
24$46,593$3,297$48,708
25$48,708$1,182$0

At the end of your 5-year term

Total paid over the term
$249,450
Principal paid down
$91,871
Interest paid
$157,579
Balance remaining
$660,049

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$2,650/mo
$31,800Gross annual rent
2.4%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

3.4%
Gross yield
− Property tax $4,542− Insurance $1,400− Vacancy & upkeep $3,498Net operating income $22,360

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of LPT REALTY. MLS®/PropTx.

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