913 Lake Drive, Georgina, ON

Historic Lakeshore Communities, Georgina · MLS® N13767040

$1,169,000
For Sale
Listed 11 days agoNo offer date stated
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2Bedrooms
1Bathrooms
10Parking
1100-1500Sq ft

About this home

In short

  • Traditional charm meets modern comfort in this exceptional year-round, indirect lakefront cottage in the highly sought-after historic lakefront community of Eastbourne.
  • Backing onto the members-only Eastbourne Golf Club and overlooking Snake Island, this rare offering is one of the community's few remaining original cottages, circa...
  • The inviting open-concept interior features original tongue-and-groove B.C. fir finishes, new maple hardwood floors and beamed ceilings.
  • The renovated kitchen offers granite countertops, farmhouse sink and built-in pantry, while the modern 4-piece bath features heated floors.
  • A convenient mudroom entry opens to a large rear deck overlooking the 6th fairway of the Stanley Thompson-designed Eastbourne Golf Club.

Traditional charm meets modern comfort in this exceptional year-round, indirect lakefront cottage in the highly sought-after historic lakefront community of Eastbourne. Backing onto the members-only Eastbourne Golf Club and overlooking Snake Island, this rare offering is one of the community's few remaining original cottages, circa 1920, thoughtfully modernized while preserving its timeless character and charm. Less than an hour from Toronto, it offers the perfect setting to relax and enjoy the best of lakeside living. The inviting open-concept interior features original tongue-and-groove B.C. fir finishes, new maple hardwood floors and beamed ceilings. Separate living, dining and family rooms feature a woodstove and walk-outs to a bright sunroom and large front deck with stunning lake views. The renovated kitchen offers granite countertops, farmhouse sink and built-in pantry, while the modern 4-piece bath features heated floors. Meticulously maintained and extensively updated with new electrical and plumbing, the home is reinforced with four steel beams in the crawlspace. A convenient mudroom entry opens to a large rear deck overlooking the 6th fairway of the Stanley Thompson-designed Eastbourne Golf Club. Membership in the Eastbourne Members Association provides access to the backlot entry, tennis court and new playground. Boating, fishing, year-round recreation and spectacular panoramic sunsets are all at your doorstep making this a truly special opportunity to own a piece of Eastbourne's history.

Key facts

Property type
Detached, Bungalow
MLS®
N13767040
Bedrooms
2
Bathrooms
1
Size
1100-1500 sq ft
Lot
38.23 × 382.4 ft
Cross streets
Lake Dr. N. /Woodbine Ave.
Parking
10 parking
Driveway
Private
Basement
Crawl Space
Heating
Forced Air
A/C
Central Air
Exterior
Aluminum Siding, Vinyl Siding
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,920 / 2026
Days on market
11
Listing brokerage
RE/MAX HALLMARK YORK GROUP REALTY LTD.

Rooms

Bedroom 2Main3.02 × 2.80 m

hardwood floor · closet

Primary BedroomMain3.26 × 2.47 m

hardwood floor · closet · overlook golf course

Mud RoomMain3.72 × 2.62 m

hardwood floor · w/o to deck · overlook golf course

Living RoomMain4.05 × 3.96 m

hardwood floor · beamed ceilings · overlook water

Family RoomMain3.96 × 3.05 m

hardwood floor · beamed ceilings · wood stove

SunroomMain7.32 × 2.90 m

vinyl floor · w/o to deck · overlook water

Dining RoomMain4.15 × 3.26 m

hardwood floor · w/o to yard · open concept

KitchenMain3.32 × 3.08 m

hardwood floor · quartz counter · ceramic backsplash

LaundryMain2.47 × 2.44 m

vinyl floor · casement windows

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.13Mlikely sale price

Listed at $1,169,000. 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 $1.13M, if it sells. A realistic range is $1.06M to $1.27M.

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.

List price
$1.06MBelow recent closings$1.27MAbove recent closings

Total price vs nearby homes. Likely closing about $1.13M, from 18 recent closings in this pocket.

The market behind the math:

18sold nearby · 90 days
$873Kmedian sold price
94%of asking, on average
+4%prices vs a year ago
~35 dayshomes like this take to sell
11days on market so far
$2,510/moest. rent · 18 leases
2.6%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1 months of inventory: 6 detached homes for sale in the area against 18 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $899/sqft against an area asking average of $575/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 $818K. Condition and finishes remain an in-person call.

What the listing highlights4 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Heated floors: comfort and a premium-finish signal. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit

The 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.

Based on 18 comparable homes that sold in Historic Lakeshore Communities over the past two years, from 134 closings there.

What sellers nearby are askingCurrently listed nearby in Historic Lakeshore Communities · asking prices
$825kavg asking

Nothing 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 $738K, which is where my estimate comes from.

Per square foot, these ask about $635/sqft; this home lists at $899/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
1.17MThis home695k1.17M639k798kThis home vs active comparables

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.

Keswick North
$995K
Sutton & Jackson's Point
$776K
Keswick South
$827K
Virginia
$609K
Baldwin
$1.05M

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

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

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

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.

Street view near Deer Park PS
35%
Deer Park PSPublic · Elementary · JK-8 · 2.1 km awayBelow the GTA average · 35% meet the provincial standard

Affordability & Mortgage

Affordability
$5,328/mo
$222KIncome needed
5.3×Price ÷ income
$1,230Weekly cost
$19,855Land 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 $5,328Property tax $493Total carry $5,821

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%
$
%
4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,119per month

Mortgage amount $935,200 · 4.39% over 25 years

$233,800Down payment (20.0%)
$935,200Loan before insurance
$0CMHC premium
$5,612Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,119
Property tax
$493
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,612

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

One-time closing costs

Ontario land transfer tax
$19,855
Estimated closing costs
$19,855

Plus your down payment of $233,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$6,202/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

$600,513Total interest paid
$1,535,713Total of all payments
Principal $935,200 Interest $600,513
YearPrincipalInterestBalance
1$21,162$40,266$914,038
2$22,102$39,327$891,936
3$23,083$38,346$868,853
4$24,107$37,322$844,746
5$25,177$36,252$819,569
6$26,294$35,134$793,275
7$27,461$33,967$765,814
8$28,680$32,748$737,134
9$29,953$31,476$707,181
10$31,282$30,146$675,898
11$32,671$28,758$643,228
12$34,121$27,308$609,107
13$35,635$25,794$573,472
14$37,217$24,212$536,255
15$38,868$22,560$497,387
16$40,593$20,835$456,794
17$42,395$19,034$414,399
18$44,277$17,152$370,122
19$46,242$15,187$323,881
20$48,294$13,135$275,587
21$50,437$10,991$225,150
22$52,676$8,753$172,474
23$55,014$6,415$117,460
24$57,455$3,973$60,005
25$60,005$1,423$0

At the end of your 5-year term

Total paid over the term
$307,143
Principal paid down
$115,631
Interest paid
$191,512
Balance remaining
$819,569

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
From 18 whole-home leases in Historic Lakeshore Communities$2,510/mo
$30,120Gross annual rent
1.7%Cap rate after taxes and upkeep
$2,325 to $2,764Typical rent range
~26 daysTo find a tenant, on average

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

Talk about the numbers

The last 18 whole-home leases in Historic Lakeshore Communities signed at a median of $2,275 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,510. 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.

2.6%
Gross yield
− Property tax $5,920− Insurance $1,400− Vacancy & upkeep $3,313Net operating income $19,487

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX HALLMARK YORK GROUP REALTY LTD.. MLS®/PropTx.

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