145 Lake Drive N, Georgina

$1,399,000
145 Lake Drive N

$1,399,000

New
18d
Detached2-Storey

145 Lake Drive N, Georgina

Total Monthly Obligation $6,542

Beds
3
Baths
2
Park
4
Sqft
2000-2500
DOM
18d
Score
14
Yield
2.6%
Cash on Cash
-12.1%
Cap Rate
2.0%
5Y IRR
6.2%
10Y IRR
7.3%
Property Type-Detached
MLS® Number-N13860612
Beds-3
Bathrooms-2
Size-2000-2500 sqft
Lot Size-50 × 244.29 ft
Listed on site-Oct 5, 2026
Style-2-Storey
Building Type-Detached
Age-100+
Taxes-$6,288 (2025)
Parking-4 - None
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-LPT REALTY
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-East
Exterior-Wood
Roof-Asphalt Shingle
Foundation-Concrete, Stone
Sewer-Sewer
Possession-60-90 Days
Neighbourhood-Keswick North
Title-Residential Freehold

No agent assigned

A Rare Blend Of Storybook Cottage Charm And Modern Urban Comfort, This Beautiful Home In Georgina Invites You To Slow Down, Breathe Deeply, And Savour Life By The Lake. Set On An Impressive Indirect Waterfront Lot With A 2nd Rear Lane Way Access, This Property Offers Room For All Your Toys And Unforgettable Sunsets Enjoyed Right From Your Front Porch. Inside, The Home Radiates Warmth And Character. Living Room With Gas Fireplace And Views Overlooking The Lake. Hardwood Flooring And Terra Cotta Tiles Through Out Most Of Main Floor. Dining Area Open Concept To Kitchen And Sliding Door To Rear Private Deck. Primary Bedroom With Sitting Area Overlooking West Views Of Lake Simcoe. This 3 Bedroom, Two Full Bathrooms Home Offers Plenty With Updated Roof Shingles In 2025, Some Newer Windows, Updated Seawall Wall, Full Unfinished Basement, 40 Foot Seasonal Dock. From The Moment You Walk Onto The Front Porch And Glimpse Lake Simcoe Shimmering In The Distance, You Feel The Magic. This Is More Than A Home, It's A Feeling, A Memory In The Making, A Rare Opportunity To Own Indirect Waterfront Where Cottage Living Meets Everyday Convenience. Excellent Boating, Fishing, And Four-Season Recreation Are At Your Doorstep - All Less Than An Hour From Toronto.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$1,119,200
Land Transfer Taxes$24,455
Legal Fees (Est.)
$
Total cash required for closing$305,755

Total Monthly Obligation

$6,542/mo
Mortgage $5,643
Monthly Loss $5,057
Principal$1,485
Interest$4,158
Property Tax$524
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.6%10
Cash-on-Cash
-15.1%0
5-Year IRR
3.7%8
10-Year IRR
5.8%
Returns Index
5.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$36,756/yr
NOI
$22,292/yr
Net Cash Flow
-$3,785/mo
Cash Margin
-123.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.332
LTV Ratio
80.0%18
Vacancy Buffer
1.5 mo23
Risk Index
14.6/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 145 Lake Drive N

Time

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