905 Lake Dr E

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905 Lake Dr E, Georgina
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5 + 1
BEDROOMS
3
BATHROOMS
2 + 1
KITCHENS
9 + 2
ROOMS
N3982699
MLSID
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Property Description
Fantastic Opportunity To Purchase Income Property In Growing Area. Legal Duplex With Additional Residence. Combined $3,600/ Month In Income From All 3 Units, Storage Garage. Huge Lot. 80 Ft By 300 Ft Deep. Steps To Public Transit. In A High Traffic Area. 15 Minutes To Hwy 404. Calling All Investors! Adjacent Vacant Lot Is Also For Sale!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-07-16 2020-08-16 31 $598,800 $550,000 Sold
2020-05-07 2020-08-19 104 $1,690 - Terminated
2020-04-27 2020-05-05 8 $1,099 $1,100 Leased
2020-04-20 2020-06-04 45 $648,800 - Terminated
2020-06-05 2020-07-14 39 $624,000 - Terminated
2018-09-14 2018-12-31 108 $549,800 - Expired
Extras
Two (2) Hot Water Tanks (Owned), Three (3) Fridges, Three (3) Stoves. All Electrical Light Fixtures.
Property Features
Beach, Golf, Marina, Park, Place Of Worship, Public Transit
Property Details
Street
Property Type
Detached, 2-Storey
Lot Size
80' x 300'
Acreage
.50-1.99
Fronting
South
Taxes
$6,760 (2017)
Basement
Half
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
10
Driveway
Pvt Double
Garage Type
None
Room Summary
RoomLevelSizeFeatures
KitchenMain11.84' x 13.35'Window, Eat-In Kitchen
BrMain11.32' x 14.44'Window, Wood Floor
2nd BrMain9.97' x 9.48'Window, Window, Wood Floor
LivingMain13.62' x 23.23'W/O To Yard, Window, Window
Georgina Market Statistics
Georgina Price Trend
905 Lake Dr E is a 5-bedroom 3-bathroom home listed for sale at $549,900, which is $800,100 (59.3%) lower than the average sold price of $1,350,000 in the last 30 days (March 25 - April 23). During the last 30 days the average sold price for a 5 bedroom home in Georgina declined by $549,999 (28.9%) compared to the previous 30 day period (February 24 - March 24) and up $106,834 (8.6%) from the same time one year ago.
Inventory Change
There were 10 5-bedroom homes listed in Georgina over the last 30 days (March 25 - April 23), which is up 100.0% compared with the previous 30 day period (February 24 - March 24) and up 100.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Georgina typically sold ($49,000) (3.6%) below asking price over the last 30 days (March 25 - April 23), which represents a $49,000 decrease compared to the previous 30 day period (February 24 - March 24) and $80,333 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 5-bedroom homes in Georgina over the last 30 days (March 25 - April 23) stood at 10.0%, down from 20.0% over the previous 30 days (February 24 - March 24) and down from 120.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 3-bathroom home in Georgina stood at 39 days when successfully sold over the last 30 days (March 25 - April 23), compared to 129 days before being removed from the market upon being suspended or terminated.
Listing contracted with Keller Williams Realty Centres, Brokerage
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