548A Lake Dr S

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548A Lake Dr S, Georgina
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4
BEDROOMS
3
BATHROOMS
3
KITCHENS
11
ROOMS
N3772234
MLSID
Contact Us
Property Description
Amazing Investment Opportunity!! Direct Lakefront Triplex With A Huge Lot 50' X 249'.This Fantastic Property Features 3 Separate Units,1 X 2Bdrm,1 X 1Bdrm + Den And 1 X 1 Bdrm,Guest Bunker And Approx. 75' Of Lake Frontage Including Dock.Come Home And Experience The Amazing Sunsets At This Stunning And Quiet Location!
Extras
Legal Non Conforming Triplex On Town Services. Rental Income Potential Is Between $3500 - $4000/Month For The Three Units Combined.
Property Features
Fenced Yard, Marina, Park, Place Of Worship, School, Waterfront
Property Details
Street
Community
Property Type
Triplex, Other
Lot Size
50' x 249'
Fronting
West
Taxes
$6,428 (2016)
Basement
Crawl Space
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
None
Water
Municipal
Parking Spaces
6
Driveway
Rt-Of-Way
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
LivingGround13.32' x 14.44'Broadloom, Walk-Out, Overlook Water
KitchenGround6.66' x 13.32'Ceramic Floor, Combined W/Living
MasterGround10.20' x 9.65'Broadloom, Bay Window, Overlook Water
2nd BrGround10.30' x 9.65'Broadloom, Closet, Picture Window
LivingGround15.49' x 10.37'Broadloom, Combined W/Dining
KitchenGround7.94' x 15.39'Laminate, Combined W/Dining
3rd BrGround15.42' x 12.60'Broadloom, Picture Window, 3 Pc Ensuite
Living2nd15.42' x 20.67'Broadloom, W/O To Deck, Fireplace
Kitchen2nd6.30' x 11.65'Ceramic Floor, Picture Window
4th Br2nd14.47' x 7.58'Broadloom, W/O To Deck, Overlook Water
DenGround5.84' x 5.84'Broadloom
Georgina Market Statistics
Georgina Price Trend
548A Lake Dr S is a 4-bedroom 3-bathroom home listed for sale at $1,198,000, which is $100,734 (9.2%) higher than the average sold price of $1,097,266 in the last 30 days (March 24 - April 22). During the last 30 days the average sold price for a 4 bedroom home in Georgina declined by $103,734 (8.6%) compared to the previous 30 day period (February 23 - March 23) and down $24,470 (2.2%) from the same time one year ago.
Inventory Change
There were 56 4-bedroom homes listed in Georgina over the last 30 days (March 24 - April 22), which is up 12.0% compared with the previous 30 day period (February 23 - March 23) and up 60.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Georgina typically sold ($36,909) (3.4%) below asking price over the last 30 days (March 24 - April 22), which represents a $26,246 decrease compared to the previous 30 day period (February 23 - March 23) and $13,212 less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in Georgina over the last 30 days (March 24 - April 22) stood at 37.5%, down from 38.0% over the previous 30 days (February 23 - March 23) and down from 54.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Georgina stood at 16 days when successfully sold over the last 30 days (March 24 - April 22), compared to 42 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Your Community Realty, Brokerage
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