369 Lake Drive, Georgina, ON

Historic Lakeshore Communities, Georgina · MLS® N13863058

$899,000
For Sale
Listed 14 days agoNo offer date stated
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4Bedrooms
3Bathrooms
1.5Garage · 8 parking
2500-3000Sq ft

About this home

In short

  • Welcome to 369 Lake Drive North, a beautifully renovated bungalow offering Lake Simcoe views, stunning sunsets and room for the whole family.
  • Set on a generous lot, this 4 bedroom, 3 bathroom home features two living spaces ideal for multigenerational living, balancing togetherness with space.

Welcome to 369 Lake Drive North, a beautifully renovated bungalow offering Lake Simcoe views, stunning sunsets and room for the whole family. Set on a generous lot, this 4 bedroom, 3 bathroom home features two living spaces ideal for multigenerational living, balancing togetherness with space. Bright interiors and fresh, modern finishes complement the layout, while a gas fireplace adds warmth to the living room. Step onto the expansive front deck to entertain or unwind overlooking the lake, or enjoy the separate rear deck for additional outdoor living space. A detached garage provides convenient parking and storage. Move in ready in an exceptional location, this home offers comfort, versatility and a relaxed lakeside setting.

Key facts

Property type
Detached, Bungalow
MLS®
N13863058
Bedrooms
4
Bathrooms
3
Size
2500-3000 sq ft
Lot
60.56 × 205.88 ft
Cross streets
Lake Dr N / Metro Rd N
Parking
1.5 garage · 8 parking (detached)
Driveway
Private
Basement
Crawl Space
Heating
Forced Air
A/C
Central Air
Exterior
Vinyl Siding
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,664 / 2026
Days on market
14
Listing brokerage
RE/MAX ALL-STARS REALTY INC.

Rooms

Primary BedroomMain3.66 × 4.89 m

walk-in closet(s) · double closet · 4 pc ensuite

Utility RoomMain2.17 × 2.45 m
Living RoomMain5.80 × 7.03 m

open concept · sliding doors · laminate

Bedroom 2Main2.77 × 3.08 m

laminate · window

Living RoomMain5.20 × 6.42 m

gas fireplace · w/o to deck · laminate

Dining RoomMain2.77 × 6.40 m

overlooks frontyard · window

Bedroom 4Main5.88 × 3.38 m

large window · laminate

LaundryMain2.44 × 1.22 m
KitchenMain4.60 × 4.88 m

backsplash · stainless steel appl

Bedroom 3Main2.76 × 5.50 m

window · closet

FoyerMain2.76 × 1.85 m

laminate · closet

Our TakeTeam Asgarian · Broker
A small discount is typical
$867Klikely sale price

Listed at $899,000. Going by how homes in Historic Lakeshore Communities and the wider GTA have actually closed against their asking prices (about 96%, 16 local closings in 90 days), the likely sale price is near $867K, if it sells. A realistic range is $812K to $977K.

Independent value check: $970K. Without looking at the asking price, our model values the home itself about 8% above the ask (homes like it typically land between $909K and $1.02M).

Why $970K. The typical detached home sold in Historic Lakeshore Communities over the past year went for about $780K (60 sales). What sets this one apart:

  • ▲ Raises it stronglyIt is 2,500 to 3,000 sq ft; the typical home sold here is 1,100 to 1,500.
  • ▲ Raises it stronglyThe listing describes it as fully renovated or newly built.
  • ▲ Raises it4 bedrooms and 3 baths, against 3+1 and 2 typically.
  • ▲ Raises it slightlyIts lot is 61 by 206 ft; the typical lot sold here is 50 by 150.
List price
$812KBelow recent closings$977KAbove recent closings

Total price vs nearby homes. Likely closing about $867K, from 16 recent closings in this pocket.

The market behind the math:

16sold nearby · 90 days
$834Kmedian sold price
92%of asking, on average
−3%prices vs a year ago
~32 dayshomes like this take to sell
14days on market so far
$3,708/moest. rent · 23 leases
4.9%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3.4 months of inventory: 18 detached homes for sale in the area against 16 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 $327/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 16 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $860K. Condition and finishes remain an in-person call.

What the listing highlights1 point 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
Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in Historic Lakeshore Communities, so I widened the search to the surrounding area.

Based on 16 comparable homes that sold in Historic Lakeshore Communities over the past two years, from 132 closings there.

What sellers nearby are askingCurrently listed nearby in Historic Lakeshore Communities · asking prices
$1.21Mavg 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 $970K, which is where my estimate comes from.

Per square foot, these ask about $501/sqft; this home lists at $327/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
899kThis home1000k1.30M1.32MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Georgina: $793K in September 2026, up 1% from a year ago, on 529 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Georgina as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$798K53
November 2025$795K40
December 2025$800K27
January 2026$800K18
February 2026$820K25
March 2026$796K44
April 2026$779K44
May 2026$790K57
June 2026$802K77
July 2026$800K60
August 2026$820K40
September 2026$793K44

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
$707K
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
$4,097/mo
$172KIncome needed
5.2×Price ÷ income
$946Weekly cost
$14,455Land 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 $4,097Property tax $389Total carry $4,486

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)
$3,977per month

Mortgage amount $719,200 · 4.49% over 25 years

$179,800Down payment (20.0%)
$719,200Loan before insurance
$0CMHC premium
$4,365Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,977
Property tax
$389
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,365

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

One-time closing costs

Ontario land transfer tax
$14,455
Estimated closing costs
$14,455

Plus your down payment of $179,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,813/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

$473,774Total interest paid
$1,192,974Total of all payments
Principal $719,200 Interest $473,774
YearPrincipalInterestBalance
1$16,049$31,669$703,151
2$16,778$30,941$686,372
3$17,540$30,179$668,832
4$18,336$29,383$650,496
5$19,169$28,550$631,327
6$20,039$27,680$611,288
7$20,949$26,770$590,339
8$21,900$25,819$568,438
9$22,895$24,824$545,544
10$23,934$23,785$521,609
11$25,021$22,698$496,589
12$26,157$21,562$470,432
13$27,345$20,374$443,087
14$28,586$19,133$414,501
15$29,884$17,835$384,617
16$31,241$16,478$353,376
17$32,659$15,060$320,717
18$34,142$13,577$286,575
19$35,692$12,027$250,882
20$37,313$10,406$213,569
21$39,007$8,712$174,562
22$40,778$6,941$133,784
23$42,630$5,089$91,154
24$44,565$3,154$46,589
25$46,589$1,130$0

At the end of your 5-year term

Total paid over the term
$238,595
Principal paid down
$87,873
Interest paid
$150,722
Balance remaining
$631,327

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 23 whole-home leases in Historic Lakeshore Communities$3,708/mo
$44,496Gross annual rent
3.7%Cap rate after taxes and upkeep
$3,409 to $4,307Typical rent range
~27 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 23 whole-home leases in Historic Lakeshore Communities signed at a median of $2,669 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,708. 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.

4.9%
Gross yield
− Property tax $4,664− Insurance $1,400− Vacancy & upkeep $4,895Net operating income $33,538

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX ALL-STARS REALTY INC.. MLS®/PropTx.

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