173 Lake Drive E, Georgina

$1,650,800
173 Lake Drive E

$1,650,800

New
17d
DetachedBungalow-Raised

173 Lake Drive E, Georgina

Total Monthly Obligation $7,869

HausQ Valuation Report
Beds
3
Baths
3
Park
10
Sqft
1500-2000
DOM
17d
Score
13
Yield
2.0%
Cash on Cash
-15.4%
Cap Rate
1.3%
5Y IRR
3.6%
10Y IRR
5.4%
Property Type-Detached
MLS® Number-N13865522
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-70 × 250 ft
Listed on site-Oct 6, 2026
Style-Bungalow-Raised
Building Type-Detached
Age-6-15
Taxes-$10,026.98 (2026)
Parking-13 - Detached
Basement-Crawl Space
Heating-Forced Air (Gas)
Brokerage-LPT REALTY
Cooling-Central Air
Laundry-No
Fireplace-Family Room
Pool-None
Facing-South
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-Historic Lakeshore Communities
Title-Residential Freehold

No agent assigned

Million Dollar View From This Waterfront Property In One Of The Most Desirable Areas Of Georgina At Lake Simcoe. Move Right Into This Beautiful, Bright And Spacious Open Concept Bungalow With High Cathedral Ceilings And Unobstructed Views Of The Lake And Beach. This Single-Level Home Features Three Generous Bedrooms, A Welcoming Living Room, Separate Warming Family Room With Floor To Ceiling Gas Fireplace And Open-Concept Kitchen/Dining Rooms Perfect For Entertaining And Family Gatherings. Enjoy A Private Beach, Permanent Swimming Dock, Expansive Lot With Room To Play And Garden, And A Three-Car Garage For Cars And Toys. Pet-Friendly And Ideally Situated For Lakeside Living, Walks, Boating, Fishing And Sunsets. Don't Miss This Rare Opportunity For Turnkey Waterfront Living.

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

Closing Costs

Mortgage Amount
$1,320,640
Land Transfer Taxes$29,491
Legal Fees (Est.)
$
Total cash required for closing$361,151

Total Monthly Obligation

$7,869/mo
Mortgage $6,659
Monthly Loss $6,117
Principal$1,752
Interest$4,907
Property Tax$836
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.0%7
Cash-on-Cash
-18.1%0
5-Year IRR
1.5%4
10-Year IRR
4.1%
Returns Index
3.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
13/ 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
$33,600/yr
NOI
$15,713/yr
Net Cash Flow
-$5,349/mo
Cash Margin
-191.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.201
LTV Ratio
80.0%18
Vacancy Buffer
1.2 mo20
Risk Index
13.2/ 100

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

Comparables

Properties near 173 Lake Drive E

Time

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Data last updated within the past 24 hours.