136 Lake Drive, Georgina, ON
Historic Lakeshore Communities, Georgina · MLS® N13827762
About this home
In short
- A truly unique and distinguished offering on the coveted shores of Lake Simcoe.
- Situated on nearly an acre and a half in an enclave of exceptional waterfront residences, this large and distinctive property showcases an impressive +/-400 feet of...
A truly unique and distinguished offering on the coveted shores of Lake Simcoe. Discover this extraordinary waterfront estate on prestigious Lake Drive East in Keswick. Situated on nearly an acre and a half in an enclave of exceptional waterfront residences, this large and distinctive property showcases an impressive +/-400 feet of shoreline! Sweeping unobstructed lake views and breathtaking sunsets create a spectacular natural backdrop year-round. There is a second town water and natural gas hookup installed at the road. Generous indoor and outdoor living spaces provide an ideal setting for entertaining on a grand scale or enjoying quiet moments of relaxation by the water. This is a rare opportunity to own one of Lake Simcoe's signature waterfront properties and to join a prestigious and highly desirable community. Enjoy the very best of luxury lakeside living with easy access to Toronto and all the GTA has to offer
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13827762
- Bedrooms
- 5
- Bathrooms
- 4
- Size
- 5,000 sq ft
- Lot
- .50-1.99 ac
- Cross streets
- Civic Centre Road and Lake Drive East
- Parking
- 3 garage · 13 parking (attached)
- Driveway
- Available, Front Yard Parking, Private
- Basement
- Full, Unfinished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Other, Stone
- Foundation
- Poured Concrete
- Roof
- Other, Shake
- Sewer
- Sewer
- Property tax
- $35,772 / 2025
- Listing brokerage
- Royal LePage Frank Real Estate
Rooms
irregular room · combined w/sitting · overlook water
irregular room · combined w/sitting · overlook water
irregular room · fireplace · overlook water
centre island · combined w/great rm
irregular room · walk-in closet(s) · 3 pc ensuite
irregular room · combined w/sitting · overlook water
fireplace · w/o to patio · overlook water
Irregular Room
irregular room · overlook water
irregular room · bay window
irregular room · overlook water
This home is in the largest size bracket the board records (5,000 sq ft and up). Comparable-sales math compares homes by size, and too few homes this large sell nearby to compare it fairly, so no automatic estimate is shown.
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 $2.96M, which is where my estimate comes from.
Per square foot, these ask about $802/sqft; this home lists at $800/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 $3,199,999 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $17,693
- Property tax
- $2,981
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $20,674
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $86,475
- Estimated closing costs
- $86,475
Plus your down payment of $800,000. 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
- $1,061,601
- Principal paid down
- $390,981
- Interest paid
- $670,620
- Balance remaining
- $2,809,018
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 5 whole-home leases in Historic Lakeshore Communities signed at a median of $3,473 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,797. 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 Royal LePage Frank Real Estate. MLS®/PropTx.