948 Lake Drive E

Sutton & Jackson's Point, Georgina, L0E 1L0

$925,000

7 bedrooms
4 bathrooms
6 parking
3000-3500 sq ft

Listed 96 days ago · MLS® N13571762

About this home

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)

Details

Type: Fourplex
Style: 2-Storey
Size: 3000-3500 sq ft
Lot: 57.66 × 100 ft
Basement: Finished
Garage: None
Kitchens: 4
Property tax: $4,612 (2025)
Neighbourhood: Sutton & Jackson's Point
Municipality: Georgina

Interior

Bedrooms: 7 above ground
Bathrooms: 2 × 4-piece (ground), 1 × 4-piece (upper), 1 × 4-piece (upper)
Rooms: 16 above ground
Family room or den: No
Fireplace: No
Features: Accessory Apartment

Heating, cooling and services

Heating: Baseboard, Electric
Air conditioning: Wall Unit(s)
Water and sewer: Sewer

Building and exterior

Style: 2-Storey
Exterior: Brick
Faces: North

Parking

Total parking: 6

Lot

Size: 57.66 × 100 ft

Possession: TBD
Nearby: Beach, Marina, Park, Place Of Worship, School, Golf
Cross street: Jackson's Point / Lake

History of this address

4 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Car-dependent

No subway, LRT or GO station within a short trip.

Within a 10-minute walk: no grocery stores, 3 cafés and restaurants, 2 parks, 1 pharmacy. Nearest park: Jackson's Point Parkette (50 m).

Schools nearby

Elementary

St. Bernadette's Catholic Elementary School Catholic
EQAO: Gr 6 reading 80%, math 23%1.6 km
Black River Public School
EQAO: Gr 6 reading 90%, math 75%1.6 km
Sutton Public School
EQAO: Gr 6 reading 80%, math 29%2.4 km

Secondary

Sutton District High School
EQAO: Gr 9 math 16%, literacy test 66%2.4 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area L0E

Owners / renters: 83% / 17%
Median household income: $90,000
Average age: 44
Children under 15: 15%
Homes: 89% detached
Commute by transit: 2%
Population: 21,898

Languages spoken most at home besides English: Russian 0.8%, Yue (Cantonese) 0.5%, Mandarin 0.4%, Spanish 0.2%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Crime Severity Index for York Region police: 50 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

To Union Station (downtown Toronto): 75 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by RE/MAX HALLMARK YORK GROUP REALTY LTD..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

Estimated monthly cost

Mortgage: $4,051
Property tax: $384
Total: $4,435

$185,000 down, 25-year amortization at 4.39%.

Cash needed to buy

Down payment: $185,000
Land transfer tax: $14,975
Legal and other costs: ~$2,500
Total: $202,475

First-time buyers can get up to $8,475 of land transfer tax back. All closing costs

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Or call 647-325-5000

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