700 Lake Drive, Georgina, ON
Historic Lakeshore Communities, Georgina · MLS® N13495234
About this home
In short
- Welcome To Millionaires Row.
- A Rare Offering In Historic Roches Point, This Extraordinary Lakeside Bungalow Estate Is Set On A Private 1.3-Acre Tree-Lined Property With 112ft Of Pristine...
- The Main Level Showcases A Grand Great Room With Cathedral Beamed Ceilings, A Striking Three-Sided Floor-To-Ceiling Wood-Burning Fireplace, And An Open-Concept Layout.
- Multiple Walkouts Connect Seamlessly To An Enclosed Sunporch, Covered Terrace With Skylights, And Beautifully Landscaped Grounds.
- Enjoy Majestic Lawns, A 16' X 24' Kidney-Shaped Pool With Spa And Wraparound Patio, Gazebo, Private Waterfront With Access To Your Own Private Sandy Swimming Area...
Welcome To Millionaires Row. A Rare Offering In Historic Roches Point, This Extraordinary Lakeside Bungalow Estate Is Set On A Private 1.3-Acre Tree-Lined Property With 112ft Of Pristine Shoreline Along Lake Simcoe. The Residence Blends Timeless Character With Thoughtful Design, Capturing Breathtaking Water Views From All Principal Rooms. The Main Level Showcases A Grand Great Room With Cathedral Beamed Ceilings, A Striking Three-Sided Floor-To-Ceiling Wood-Burning Fireplace, And An Open-Concept Layout. A Private Owner's Wing Features An Expansive Bedroom Suite With A Sitting Area, 5-Piece Ensuite, And Walkout To A Sunroom Overlooking The Lake And Gardens. The Opposite Wing Offers Four Additional Bedrooms With Serene Views Of The Water And Front Courtyard. A Sprawling Finished Lower Level Adds Exceptional Flexibility With A Recreation Area, Games And Family Rooms, Four More Bedrooms, And Abundant Storage. Multiple Walkouts Connect Seamlessly To An Enclosed Sunporch, Covered Terrace With Skylights, And Beautifully Landscaped Grounds. A Gated Circular Drive, Perennial Gardens, Tranquil Water Feature, Vegetable Garden, And Fenced Dog Run Enhance The Front Approach, While The Rear Grounds Are Designed For Lakeside Living At Its Finest. Enjoy Majestic Lawns, A 16' X 24' Kidney-Shaped Pool With Spa And Wraparound Patio, Gazebo, Private Waterfront With Access To Your Own Private Sandy Swimming Area, And Over 200 Feet Of Permanent Dock With A 14' X 30' Boat Slip, Natural Stone Break Wall, And Sandy-Bottom Shoreline. Additional Highlights Include An Attached Double Garage And A Separate Detached Garage, Offering Ample Space For Vehicles And Recreational Storage. Ideally Located Across From Deer Park Forest Trails And Just A Short Drive To Everyday Amenities And Highway 404, This Is A Truly Exceptional Waterfront Estate Offering Privacy, Scale, And Enduring Appeal.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- N13495234
- Bedrooms
- 5+4 (9 total)
- Bathrooms
- 4 (1 half)
- Size
- 3000-3500 sq ft
- Lot
- 130 × 531 ft
- Cross streets
- Metro Rd. N./Lake Dr. N.
- Parking
- 4 garage · 16 parking (attached)
- Driveway
- Private, Circular Drive
- Basement
- Full
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete Block
- Roof
- Shingles
- Sewer
- Septic
- Pool
- Inground
- Property tax
- $29,854 / 2025
- Days on market
- 91
- Listing brokerage
- RE/MAX REALTRON BARRY COHEN HOMES INC.
Rooms
bamboo · open concept · dropped ceiling
w/o to sunroom · b/i desk · overlook water
2 way fireplace · overlook water · hardwood floor
cathedral ceiling(s) · overlook water · hardwood floor
open concept · hardwood floor · overlook water
granite counters · hardwood floor · overlook water
overlooks frontyard · large window · bamboo
double closet · broadloom · dropped ceiling
stone floor · w/o to pool · overlook water
b/i closet · hardwood floor · overlook water
overlook water · double closet · bamboo
double closet · bamboo · large window
double closet · bamboo · overlook water
5 pc ensuite · overlook water · w/o to sunroom
open concept · bamboo · 3 pc bath
ceramic floor · w/o to garage · w/o to deck
This is a rare parcel: about 1.58 acres. Comparable-sales math works on size and bedrooms, and here the lot is what is being sold, so no automatic estimate is shown. Homes on lots this size in Historic Lakeshore Communities have sold between $592K and $3.60M over the last two years (5 sales).
Considering this property? Request a written price readThe assigned public school is Sutton District HS. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleNothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $3.54M, which is where my estimate comes from.
Per square foot, these ask about $655/sqft; this home lists at $1,692/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesNeighbourhood & location
Historic Lakeshore Communities, Georgina, ON
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How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Georgina.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Affordability & Mortgage
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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of September 25, 2026); conventional rates run a little higher.
Mortgage amount $4,400,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $24,328
- Property tax
- $2,488
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $26,816
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $123,975
- Estimated closing costs
- $123,975
Plus your down payment of $1,100,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $1,459,701
- Principal paid down
- $537,599
- Interest paid
- $922,103
- Balance remaining
- $3,862,401
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 38 whole-home leases in Historic Lakeshore Communities signed at a median of $2,487 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,793. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTRON BARRY COHEN HOMES INC.. MLS®/PropTx.