171 Lake Drive, Georgina, ON
Historic Lakeshore Communities, Georgina · MLS® N13596914
About this home
In the same family for nearly 60 years and lovingly maintained, Sunset Serenade is a rare offering set on a deep lot, with nearly 60 feet of waterfront in the storied Orchard Beach enclave of Georgina's Historic Lakeshore. A true four-season retreat for the whole family, this home includes a private waterfront parcel with its own pebbled sandy beach- perfect for swimming all day long - while a generous front garden gives way to a mature, treed and private back yard. Spend mornings at the beach, lunch in the front garden, steal an afternoon nap on the enclosed front porch overlooking the lake, then BBQ dinner on the side deck as the day winds down. As evening falls, gather family & friends at the private beach firepit for uninterrupted, west-facing sunsets over the water - the namesake views that make this property special. In winter you can enjoy ice-fishing or skating from your lakefront and relish the same sunsets from a cozy, upstairs lounge or the winterized front porch. Lake views find you throughout the home, from the front porch to two separate sitting areas. Inside, a sky-lit breakfast area flows off the kitchen for easy everyday living, complemented by a dedicated office. A formal sitting room - anchored by a handsome stone fireplace - and a third rec room on the second level with its own lake views, offer exceptional space for a large, growing family. The home is protected by a durable metal roof, classic persiana-style shutters, interlocking stone, and vinyl-cladding. Part of the original orchard itself, this home is set within one of Ontario's most exclusive lakeshore communities, with roots dating to the Roches Point land grant and Eastbourne Golf Club, Orchard Beach remains one of the last communities blending cottage charm, lake recreation and year-round living less an hour from Toronto. This is a once-in-a-generation opportunity to own a true piece of Lake Simcoe history, moments from marinas, restaurants & golf. Some AI-generated photos, not real.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13596914
- Bedrooms
- 4
- Bathrooms
- 3
- Size
- 2500-3000 sq ft
- Lot
- 69.63 × 196.58 ft
- Cross streets
- Lake Dr. N. and Orchard Beach Rd.
- Parking
- 2 garage · 7 parking (detached)
- Driveway
- Available, Private
- Basement
- Crawl Space
- Heating
- Baseboard
- A/C
- Central Air
- Exterior
- Stucco (Plaster), Vinyl Siding
- Foundation
- Poured Concrete
- Roof
- Metal
- Sewer
- Sewer
- Property tax
- $8,370 / 2026
- Days on market
- 60
- Listing brokerage
- SOTHEBY'S INTERNATIONAL REALTY CANADA
Rooms
b/i oven · french doors · family size kitchen
stone fireplace · hardwood floor · vaulted ceiling(s)
large closet · pot lights · large window
skylight · pot lights · combined w/sitting
skylight · hardwood floor · w/o to yard
crown moulding · w/o to sunroom · hardwood floor
4 pc bath · soaking tub · large window
renovated · overlook water · w/o to deck
overlook water · large window · cathedral ceiling(s)
separate room · hardwood floor · beamed ceilings
tile floor · large closet · w/o to garage
large window · large closet
4 pc ensuite · large closet · overlooks backyard
4 pc bath · soaking tub · window
hardwood floor · large closet · pot lights
Listed at $1,550,000. Going by how homes in Historic Lakeshore Communities and the wider GTA have actually closed against their asking prices (about 97%, 18 local closings in 90 days), the likely sale price is near $1.50M, if it sells. A realistic range is $1.40M to $1.69M.
Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The usual reason is something the record cannot show: a rebuild, a second unit, or a lot or setting unlike the homes around it.
Total price vs nearby homes. Likely closing about $1.50M, from 18 recent closings in this pocket.
The market behind the math:
About 1.5 months of inventory: 9 detached homes for sale in the area against 18 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $564/sqft against an area asking average of $552/sqft.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.
It never sees the asking price. The 18 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.08M. Condition and finishes remain an in-person call.
Schools & getting aroundcatchment and transit
The assigned public school is Lakeside PS. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($564/sqft) is in line with the area, so you are paying for extra space rather than a premium.
There were not many closely comparable homes right in Historic Lakeshore Communities, so I widened the search to the surrounding area.
Based on 18 comparable homes that sold in Historic Lakeshore Communities over the past two years, from 134 closings there.
The closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $607/sqft; this home lists at $564/sqft. Size is part of the price story, not just the sticker.
The 4 closest active listings nearby.
See all comparable homesNeighbourhood & location
Historic Lakeshore Communities, Georgina, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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.
Also nearby: 1 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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 4.24% via Ratehub.ca (as of September 22, 2026); conventional rates run a little higher.
Mortgage amount $1,240,000 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,787
- Property tax
- $698
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,485
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $27,475
- Estimated closing costs
- $27,475
Plus your down payment of $310,000. 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
- $407,246
- Principal paid down
- $153,317
- Interest paid
- $253,930
- Balance remaining
- $1,086,683
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 23 whole-home leases in Historic Lakeshore Communities signed at a median of $2,930 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,889. 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 SOTHEBY'S INTERNATIONAL REALTY CANADA. MLS®/PropTx.