427 Lake Drive E, Georgina

$1,099,999
427 Lake Drive E

$1,099,999

New
3d
DetachedBungalow

427 Lake Drive E, Georgina

Total Monthly Obligation $5,415

HausQ Valuation Report
Beds
3
Baths
2
Park
8
Sqft
1100-1500
DOM
3d
Score
15
Yield
3.0%
Cash on Cash
-11.5%
Cap Rate
2.1%
5Y IRR
6.6%
10Y IRR
7.6%
Property Type-Detached
MLS® Number-N14096596
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-41.99 × 132 ft
Listed on site-Oct 20, 2026
Style-Bungalow
Building Type-Detached
Taxes-$7,240.73 (2026)
Parking-10 - Detached
Basement-Crawl Space
Heating-Forced Air (Gas)
Brokerage-LPT REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Stone, Stucco (Plaster)
Roof-Asphalt Shingle
Foundation-Block, Stone
Sewer-Sewer
Possession-TBD
Neighbourhood-Historic Lakeshore Communities
Title-Residential Freehold

No agent assigned

Imaging Living In A House On Scenic Stretch Of Lake Dr E With Pristine Waterfront Entertainment Area And Exceptional Lake Views. This Home Offers You One Level Living, Expansive Bright And Spacious Chef-Inspired Kitchen With Massive Centre Island, Floor To Ceiling Windows And Dining Area. Add To These Features Waterfront Dock With Gazebo, Bar And Sitting Area, Large Open Front Yard And Garage/Workshop With 10 Ft High Garage Door. With Lack Of Parking In Lakefront Areas This Property Offers You 8 Parking Spots To Satisfy Your Family And Guests. Only 5 Min Walk To Willow Beach Park And Playground. The Lot Is Irregular L-Shaped. View Attached Survey.

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

Closing Costs

Mortgage Amount
$879,999
Land Transfer Taxes$18,475
Legal Fees (Est.)
$
Total cash required for closing$239,975

Total Monthly Obligation

$5,415/mo
Mortgage $4,437
Monthly Loss $4,248
Principal$1,168
Interest$3,269
Property Tax$603
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.6%10
Cash-on-Cash
-15.0%0
5-Year IRR
3.9%8
10-Year IRR
5.9%
Returns Index
5.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$32,904/yr
NOI
$17,873/yr
Net Cash Flow
-$2,948/mo
Cash Margin
-107.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.343
LTV Ratio
80.0%18
Vacancy Buffer
1.8 mo28
Risk Index
16.2/ 100

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

Comparables

Properties near 427 Lake Drive E

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.