173 Lake Drive, Georgina, ON
Historic Lakeshore Communities, Georgina · MLS® N13865522
About this home
In short
- Million Dollar View From This Waterfront Property In One Of The Most Desirable Areas Of Georgina At Lake Simcoe.
- Move Right Into This Beautiful, Bright And Spacious Open Concept Bungalow With High Cathedral Ceilings And Unobstructed Views Of The Lake And Beach.
- This Single-Level Home Features Three Generous Bedrooms, A Welcoming Living Room, Separate Warming Family Room With Floor To Ceiling Gas Fireplace And Open-Concept...
Million Dollar View From This Waterfront Property In One Of The Most Desirable Areas Of Georgina At Lake Simcoe. Move Right Into This Beautiful, Bright And Spacious Open Concept Bungalow With High Cathedral Ceilings And Unobstructed Views Of The Lake And Beach. This Single-Level Home Features Three Generous Bedrooms, A Welcoming Living Room, Separate Warming Family Room With Floor To Ceiling Gas Fireplace And Open-Concept Kitchen/Dining Rooms Perfect For Entertaining And Family Gatherings. Enjoy A Private Beach, Permanent Swimming Dock, Expansive Lot With Room To Play And Garden, And A Three-Car Garage For Cars And Toys. Pet-Friendly And Ideally Situated For Lakeside Living, Walks, Boating, Fishing And Sunsets. Don't Miss This Rare Opportunity For Turnkey Waterfront Living.
Key facts
- Property type
- Detached, Bungalow-Raised
- MLS®
- N13865522
- Bedrooms
- 3
- Bathrooms
- 3 (1 half)
- Size
- 1500-2000 sq ft
- Lot
- 70 × 250 ft
- Cross streets
- Lake Dr E & Civic Centre Rd
- Parking
- 3 garage · 13 parking (detached)
- Driveway
- Private, Private Double
- Basement
- Crawl Space
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Vinyl Siding
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $10,027 / 2026
- Days on market
- 13
- Listing brokerage
- LPT REALTY
Rooms
separate shower · pot lights · ceramic floor
closet · large window · hardwood floor
open concept · ceramic floor · closet
pot lights · overlook water · hardwood floor
closet · large window · hardwood floor
centre island · eat-in kitchen · pot lights
cathedral ceiling(s) · open concept · hardwood floor
cathedral ceiling(s) · overlook water · hardwood floor
combined w/laundry · pot lights · ceramic floor
w/o to deck · 5 pc ensuite · walk-in closet(s)
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
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 $694/sqft; this home lists at $943/sqft. Size is part of the price story, not just the sticker.
The 3 closest 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.
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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 October 20, 2026); conventional rates run a little higher.
Mortgage amount $1,320,640 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,302
- Property tax
- $836
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $8,138
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $29,491
- Estimated closing costs
- $29,491
Plus your down payment of $330,160. 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
- $438,123
- Principal paid down
- $161,358
- Interest paid
- $276,765
- Balance remaining
- $1,159,282
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 numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of LPT REALTY. MLS®/PropTx.