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About the Listing 089813 -
Attention Investors! An incredible investment opportunity awaits! Whether youre looking to grow your rental portfolio or start a vacation rental business, this property is packed with potential. This property is perfect for Airbnb or rental income ventures. Key features include: Legal duplex designation with a visible plate on the front of the house. Three units, each with private entrances, offering flexible rental options. Private dock and deeded lake access for year-round enjoyment. The town has started the process for owner purchase of the waterfront land across the street an exciting added value opportunity! 200-amp electrical service, ensuring reliable power for all units. Metal Roof, Furnace 2021 , A/C 2022 , Hot water Tank Owned 2016 . Basement walls Double Insulated. A spacious three-door garage for storage or additional use. A large lot with plenty of parking in both the front and back. This property has incredible potential, whether for short-term rentals, long-term tenants, or a mix of both. UPPER & BASEMENT UNITS, Already ( TENANTED ). Legal Duplex With 3rd Sep. Unit In Bsmnt (Can Apply To Make 3rd Unit Legal) On Massive Waterfront Lot! Widens To 82Ft In Rear. Unobstructed Western Lakefront Views! Private Dock + Steps To Boat Launch. Detached 3.5 Car Garage. Instant Lake Access In Winter For Ice Fishing! Upper Unit 1500Sqft: 4 Bedrooms(Converted To 3) + 2 Baths, Kitchen, Dining, Laundry, 2 Decks (Front And Back). Main Unit 550Sqft: 1 Bedroom + 1 Bath, Kitchen, Dining And Walk-Out Patio. Bsmnt Unit 450Sqft: Walk-Up Big Bachelor + 1 Bath + Side Private Patio. The seller assumes no responsibility for the accuracy of measurements or any others. The buyer is advised to conduct their own independent investigations and due diligence."
Listing Highlights for 55 Lake Dr N
Status
Active
Days on Site
132
Property Type
Residential
MLS ®
N12116136
Year Built
Total Square Footage
2,000
Lot/Acreage
N/A
Interior Details
- Bedrooms: 4
- Bathrooms: 4 Full
- Appliances:
- Air Cond: Central Air
- Heating:
- Fireplaces: Family Room,Living Room,Fireplace Insert
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Apartment,Crawl Space
- Other: Accessory Apartment,Auto Garage Door Remote,Built-In Oven,Carpet Free,Central Vacuum,Countertop Range,Floor Drain,In-Law Suite,Primary Bedroom - Main Floor,Sump Pump,Upgraded Insulation,Ventilation System,Water Heater Owned,Water Meter
- Water:
Exterior Details
- Garage Capacity: N/A
- Roof: Metal
- Others: Deck,Patio,Security Gate,Year Round Living
- Sewer: Sewer
- Parking Features: Available,Front Yard Parking,Private,Covered,Private Double,Detached
Financial Details
- Tax Amount: $7,649
- Taxes w/Assessments: N/A
- Tax/Property ID: 034880015
- Tax Year: 2025
Payment Calculator
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Listing Location
Questions About..
55 Lake Dr N Georgina, ON L4P 1A5
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