369 Lake Drive, Georgina

$899,000
369 Lake Drive

$899,000

New
18d
DetachedBungalow

369 Lake Drive, Georgina

Total Monthly Obligation $4,390

Beds
4
Baths
3
Park
7
Sqft
2500-3000
DOM
18d
Score
18
Yield
4.7%
Cash on Cash
-3.4%
Cap Rate
3.8%
5Y IRR
12.9%
10Y IRR
12.5%
Property Type-Detached
MLS® Number-N13863058
Beds-4
Bathrooms-3
Size-2500-3000 sqft
Lot Size-60.56 × 205.88 ft
Listed on site-Oct 5, 2026
Style-Bungalow
Building Type-Detached
Taxes-$4,663.53 (2026)
Parking-8 - Detached
Basement-Crawl Space
Heating-Forced Air (Gas)
Brokerage-RE/MAX ALL-STARS REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-East
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-immediate
Neighbourhood-Historic Lakeshore Communities
Title-Residential Freehold

No agent assigned

Welcome to 369 Lake Drive North, a beautifully renovated bungalow offering Lake Simcoe views, stunning sunsets and room for the whole family. Set on a generous lot, this 4 bedroom, 3 bathroom home features two living spaces ideal for multigenerational living, balancing togetherness with space. Bright interiors and fresh, modern finishes complement the layout, while a gas fireplace adds warmth to the living room. Step onto the expansive front deck to entertain or unwind overlooking the lake, or enjoy the separate rear deck for additional outdoor living space. A detached garage provides convenient parking and storage. Move in ready in an exceptional location, this home offers comfort, versatility and a relaxed lakeside setting.

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%
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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$719,200
Land Transfer Taxes$14,455
Legal Fees (Est.)
$
Total cash required for closing$195,755

Total Monthly Obligation

$4,390/mo
Mortgage $3,626
Monthly Loss $3,436
Principal$954
Interest$2,672
Property Tax$389
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.7%1
5-Year IRR
9.5%32
10-Year IRR
10.2%
Returns Index
17.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$42,000/yr
NOI
$28,636/yr
Net Cash Flow
-$1,240/mo
Cash Margin
-35.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.669
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo34
Risk Index
20.4/ 100

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

Comparables

Properties near 369 Lake Drive

Time

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Data last updated within the past 24 hours.