669 Lake Drive S, Georgina

$599,000
669 Lake Drive S

$599,000

New
14d
DetachedBungalow

669 Lake Drive S, Georgina

Total Monthly Obligation $3,084

HausQ Valuation Report
Beds
3
Baths
1
Park
2
Sqft
700-1100
DOM
14d
Score
19
Yield
4.7%
Cash on Cash
-4.1%
Cap Rate
3.7%
5Y IRR
12.4%
10Y IRR
12.1%
Property Type-Detached
MLS® Number-N13883960
Beds-3
Bathrooms-1
Size-700-1100 sqft
Lot Size-62.33 × 181.6 ft
Listed on site-Oct 9, 2026
Style-Bungalow
Building Type-Detached
Taxes-$3,514 (2026)
Parking-3 - Attached
Basement-Crawl Space
Heating-Forced Air (Gas)
Brokerage-JDL REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Wood Stove
Pool-None
Facing-East
Exterior-Aluminum Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Keswick South
Title-Residential Freehold

No agent assigned

Permanent Parkview Home!!! Directly Facing A Beautiful Lakefront Adeline Park. 1 Minute Walking Distance to the Off Leash Dog Park and Young HarbourPark with Public Boat Lunch!! Situated on an impressive 62 x 180 Ft Lot! This Freshly Painted, Move-In-Ready Home Features An Open And Functional Layout With No Wasted Space!!! Three Generously Sized Bedrooms With Large Windows, Upgraded Windows And An Electrical Panel, Plus A Tankless Hot Water System. Enjoy The Best Of The Lake Simcoe Lifestyle With Three Parks And The Beach Within Walking Distance, While Walmart Supercentre, Banks, Shopping And Highway 404 Are All Just Five Minutes Away. An Exceptional Opportunity Offering Space, Convenience And Nature Right At Your Doorstep! (Some Photos are virtually staged.)

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

Closing Costs

Mortgage Amount
$479,200
Land Transfer Taxes$8,455
Legal Fees (Est.)
$
Total cash required for closing$129,755

Total Monthly Obligation

$3,084/mo
Mortgage $2,416
Monthly Loss $2,448
Principal$636
Interest$1,780
Property Tax$293
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%17
Cash-on-Cash
-9.1%1
5-Year IRR
8.5%26
10-Year IRR
9.4%
Returns Index
14.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$28,080/yr
NOI
$17,258/yr
Net Cash Flow
-$978/mo
Cash Margin
-41.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo52
Risk Index
25.8/ 100

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

Comparables

Properties near 669 Lake Drive S

Time

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