563 Lake Dr S

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563 Lake Dr S, Georgina
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2
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
N4256183
MLSID
Contact Us
Property Description
Beautiful Lakeside Corner Property, Lake Access For Boating, Fishing, Swimming. New Hardwood Throughout Open Concept, Steps To Lake, Minutes To Hwy 404, Close To All Amenities. Many Upgrades!!! Updated Kitchen, Bedrooms, Laundry Room, Enclosed Backyard, Lots Of Parking And Many More!!!!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-02-18 2022-02-24 6 $2,600 $2,600 Leased
2021-10-20 2021-10-31 11 $699,000 $755,000 Sold
Extras
Includes Fridge, Stove, Washer/Dryer, All Elf's, Forced Air Gas Furnace.
Property Features
Beach, Fenced Yard, Lake Access, Marina, Park
Property Details
Street
Community
Property Type
Detached, Bungalow
Lot Size
63' x 141'
Lot Irregularities
113' Irregular
Fronting
East
Taxes
$2,198 (2017)
Basement
Crawl Space
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Wall Unit
Water
Municipal
Parking Spaces
6
Driveway
Private
Garage Type
Attached
Georgina Market Statistics
Georgina Price Trend
563 Lake Dr S is a 2-bedroom 1-bathroom home listed for sale at $439,900, which is $306,661 (41.1%) lower than the average sold price of $746,561 in the last 30 days (February 27 - March 27). During the last 30 days the average sold price for a 2 bedroom home in Georgina declined by $61,348 (7.6%) compared to the previous 30 day period (January 28 - February 26) and down $133,239 (15.1%) from the same time one year ago.
Inventory Change
There were 25 2-bedroom homes listed in Georgina over the last 30 days (February 27 - March 27), which is up 56.2% compared with the previous 30 day period (January 28 - February 26) and up 127.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Georgina typically sold $1,430 (0.2%) above asking price over the last 30 days (February 27 - March 27), which represents a $12,602 increase compared to the previous 30 day period (January 28 - February 26) and ($5,540) more 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 2-bedroom homes in Georgina over the last 30 days (February 27 - March 27) stood at 52.0%, down from 68.8% over the previous 30 days (January 28 - February 26) and up from 45.5% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom home in Georgina stood at 13 days when successfully sold over the last 30 days (February 27 - March 27), compared to 47 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homelife Frontier Realty Inc., Brokerage
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