311 Lake Drive, Georgina, ON

Historic Lakeshore Communities, Georgina · MLS® N13825430

$795,000
For Sale
Listed 25 days agoNo offer date stated
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3Bedrooms
1Bathrooms
3Parking
2000-2500Sq ft

About this home

In short

  • Discover the potential of this indirect lakefront property in the quiet and historic Orchard Beach community on scenic Lake Drive.
  • The value is primarily in the land which backs on to a large open lot, with the added bonus of a newer full-height 8-foot poured concrete basement, providing an...
  • Embrace the active lakeside lifestyle with Orchard Beach Golf Course, The Beach Restaurant, and over 200 acres of nearby hiking trails all within walking distance.

Discover the potential of this indirect lakefront property in the quiet and historic Orchard Beach community on scenic Lake Drive. Whether you're looking to renovate the existing home or design and build a custom residence, this property offers an exceptional opportunity in one of North Keswick's most desirable waterfront neighbourhoods. Ideally situated just one hour from Toronto, you'll enjoy privacy, peaceful surroundings, and breathtaking lake views. Spectacular year-round sunsets provide a stunning backdrop, with every evening offering a different picture. The value is primarily in the land which backs on to a large open lot, with the added bonus of a newer full-height 8-foot poured concrete basement, providing an excellent foundation for your future plans. Embrace the active lakeside lifestyle with Orchard Beach Golf Course, The Beach Restaurant, and over 200 acres of nearby hiking trails all within walking distance. Whether you're seeking the serenity of waterfront living or endless outdoor recreation, this property offers the perfect balance of both.

Key facts

Property type
Detached, 2-Storey
MLS®
N13825430
Bedrooms
3
Bathrooms
1
Size
2000-2500 sq ft
Lot
50 × 130 ft
Cross streets
Lake Dr N & Golf Rd
Parking
3 parking
Driveway
Front Yard Parking
Basement
Full, Unfinished
Heating
Baseboard
A/C
None
Exterior
Wood
Foundation
Block, Poured Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$4,360 / 2026
Days on market
25
Listing brokerage
RE/MAX HALLMARK YORK GROUP REALTY LTD.

Rooms

Primary BedroomSecond7.01 × 5.33 m

overlook water · wood

SunroomMain8.13 × 2.16 m

overlook water · wood

Dining RoomMain7.06 × 6.40 m

combined w/living · wood · open concept

Living RoomMain7.06 × 6.40 m

combined w/dining · wood · open concept

KitchenMain6.93 × 2.69 m

W/O To Deck

BedroomMain2.60 × 2.11 m

wood · closet

BedroomMain3.15 × 2.13 m

wood · closet

SunroomMain2.97 × 2.16 m

overlook water · wood

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
What sellers nearby are askingCurrently listed nearby · asking prices
$827kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.

Per square foot, these ask about $473/sqft; this home lists at $353/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
795kThis home799k699k699k1.08M860kThis 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
$960K
Keswick South
$860K
Sutton & Jackson's Point
$684K
Virginia
$683K
Pefferlaw
$808K

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
$3,623/mo
$153KIncome needed
5.2×Price ÷ income
$836Weekly cost
$12,375Land 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.

91%mortgage
Mortgage $3,623Property tax $363Total carry $3,987

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)
$3,517per month

Mortgage amount $636,000 · 4.49% over 25 years

$159,000Down payment (20.0%)
$636,000Loan before insurance
$0CMHC premium
$3,880Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,517
Property tax
$363
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,880

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

One-time closing costs

Ontario land transfer tax
$12,375
Estimated closing costs
$12,375

Plus your down payment of $159,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,256/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

$418,966Total interest paid
$1,054,966Total of all payments
Principal $636,000 Interest $418,966
YearPrincipalInterestBalance
1$14,193$28,006$621,807
2$14,837$27,361$606,970
3$15,511$26,688$591,459
4$16,215$25,983$575,244
5$16,951$25,247$558,293
6$17,721$24,478$540,571
7$18,526$23,673$522,046
8$19,367$22,832$502,679
9$20,246$21,953$482,433
10$21,165$21,033$461,268
11$22,126$20,072$439,141
12$23,131$19,068$416,010
13$24,181$18,017$391,829
14$25,279$16,919$366,550
15$26,427$15,772$340,123
16$27,627$14,572$312,496
17$28,881$13,317$283,615
18$30,193$12,006$253,422
19$31,563$10,635$221,859
20$32,996$9,202$188,863
21$34,495$7,704$154,368
22$36,061$6,138$118,307
23$37,698$4,500$80,609
24$39,410$2,789$41,199
25$41,199$999$0

At the end of your 5-year term

Total paid over the term
$210,993
Principal paid down
$77,707
Interest paid
$133,286
Balance remaining
$558,293

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$4,200/mo
$50,400Gross annual rent
4.9%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.

6.3%
Gross yield
− Property tax $4,360− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $39,096

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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