948 LAKE DRIVE E, Georgina (Sutton & Jackson's Point)
$925,000
For sale: Multiplex
- Property type
- Fourplex
- Bedrooms / bathrooms
- 7 bedrooms, 4 bathrooms
- Living area
- 3,500 sqft
- MLS®
- MLS® N13571762
- Neighbourhood
- Sutton & Jackson's Point
Welcome to this rare income-generating fourplex, ideally located in the heart of Jacksons Point just steps from Lake Simcoe, beaches, parks, shops, and restaurants. This well-maintained property features four self-contained units, each offering comfortable layouts and strong rental appeal.Whether you're an investor looking for steady cash flow or a buyer seeking a multi-generational living opportunity, this property delivers flexibility and long-term value. Three of the suites feature two spacious bedrooms and one full bathroom, while the fourth suite offers a cozy one-bedroom layout, also with a full bathroom. Each unit is self-contained and separately metered, giving tenants independence and reducing management complexity for the owner. With its versatile unit mix, this property appeals to a wide range of tenants, from professionals and couples to small families. Investors will appreciate the steady rental demand in Jacksons Point, a community known for its blend of small-town charm and recreational lifestyle, while residents enjoy easy access to parks, beaches, marinas, and year-round outdoor activities.Tenants enjoy the convenience of on-site parking, private entrances, and easy access to local amenities, while owners benefit from consistent rental income in a highly desirable lakeside community. With Jacksons Point continuing to grow as a sought-after destination for year-round living and recreation, this fourplex is a prime opportunity to secure a strong-performing asset in a thriving market.4 fridges, 4 stoves, 2 heat pumps, 2 hot water tanks. New Roof (2024)
Sold data
Homes in Georgina (Sutton & Jackson's Point) — recent sold market
Homes in Georgina (Sutton & Jackson's Point) took a median of 28 days to sell over the last 90 days, with the quickest quarter selling within 17 days and the slowest quarter taking more than 49, across 200 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 62 days.
The median sale price was $799,000.
Homes sold for about 3.2% below asking on average, so there was room to negotiate.
About 10% of sales closed above the list price.
Around 27% of sellers reduced their price before finding a buyer.
- Median days to sell
- 28
- Median sale price
- $799,000
- Sale-to-list ratio
- 96.8%
- Sold above asking
- 10%
Based on 200 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Currently for sale
Homes for sale near 948 LAKE DRIVE E
$999,900
Multiplex5+143,500–5,000 sqft176 PLEASANT BOULEVARD, Keswick South, Georgina
$889,900
Multiplex8+54700–1,100 sqft65 OTTAWAY AVENUE, Wellington, Barrie
$895,000
Detached6+341,500–2,000 sqft21043 DALTON ROAD, Sutton & Jackson's Point, Georgina
$995,000
Detached543,000–3,500 sqft707 LAMB STREET, Rural Innisfil, Innisfil
$949,000
Detached5+152,500–3,000 sqft21 SCOTIA ROAD, Sutton & Jackson's Point, Georgina
$899,999
Detached542,500–3,000 sqft179 CHURCH STREET, Keswick North, Georgina
$919,900
Detached6+232,000–2,500 sqft1115 MURIEL STREET, Alcona, Innisfil
$899,000
Detached542,500–3,000 sqft54 GRETZKY AVENUE, Rural Barrie Southeast, Barrie