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523 Lake Drive E, Georgina, ON L0E 1S0

3 beds · 3 baths · 2 kitchens · 10 rooms · 6 parking spaces · 2000-2500 sq ft · Laundry on the main level level · Detached
$1,299,999
Property tax
$6,230 / year

Welcome to this private bungalow in sought after Willow Beach!.....with your own gated waterfront across the street from your home! This spacious home has lots to offer! The main house includes a large living room with stone accent wall, a kitchen with rich dark cabinets and a built-in eating area, a sun filled dining area with patio doors to your yard! Three nice sized bedrooms, plus access to your laundry room through one of the bedrooms. A 4 piece bath with separate soaker tub and shower, a powder room and inside entry to your 2 car garage complete the main house! Added bonus of a separate 2 storey apt.....access from a private side door into the main floor with a cozy kitchen, dining area and 4 piece bath. Upstairs above the garage is a large loft area for a living space and a bed, plus a large closet! So much potential with this one! Check out the virtual tour!

MLS number
N13732314
Type
Detached
Status
Active
Bedrooms
3
Bathrooms
3
Postal code
L0E 1S0
Photos
39
Laundry
Main Level level
12days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 8 times.

Sale history is for registered usersSee what this address sold for and when, across all 8 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Pick a school to see the boundary it is inside. Boards redraw these — confirm with the board.

Approximate — placed from the postal code, which can cover a block or more.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

School boundaries are not shown for this listingWe could only place this address to its postal code, which can cover a block or more, and school boundaries often run down the middle of a street. Naming a school boundary from a position that loose would be a guess about a school, so we don’t. Use the board’s own address lookup for this one.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

The market around this home

Detached houses in Georgina — 1,013 sales over the last five years. Too few sold in this community to chart it on its own, so this is the whole city.

Median sold priceWhat comparable homes actually sold for
$770k$1.04M$1.31M20252026this home’s asking price
$790klatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
97%98%100%20252026the asking price
97%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
-1d13d27d20252026
24dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among detached houses in georgina. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 921 people.

$92,000Median household income
84%Own their home
97.4%Detached houses
47.6Median age
24.7%Born outside Canada
17%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35190043 — the few blocks around this address, home to 921 people. It describes the area, not this property.

921Population
45.2Average age
2.4Household size
$110,400Average household income
$92,000Median household income
84%Own their home
16%Rent
0%Condominiums
25%Born outside Canada
17%University degree
$840,000Average home value
8%Low income
62%Not in the labour force
23%Never married
$15,000 to $19,9991%
$20,000 to $24,9992%
$25,000 to $29,9993%
$30,000 to $34,9993%
$35,000 to $39,9992%
$40,000 to $44,9993%
$45,000 to $49,9992%
$50,000 to $59,9994%
$60,000 to $69,9995%
$70,000 to $79,9995%
$80,000 to $89,9994%
$90,000 to $99,9994%
$100,000 and over32%
$100,000 to $124,99910%
$125,000 to $149,9997%
$150,000 to $199,9996%
$200,000 and over9%

Percentages are of the 570 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$260,000 · minimum here is $105,000
$5,756.11per month
Borrowed before insurance$1,039,999
Total borrowed$1,039,999
Interest over 25 years at 4.5%$686,835

If you rented it out

-$6,275.28per month out of pocket
Rent$0.00
Everything it costs to hold$6,275.28
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by ROYAL LEPAGE FIRST CONTACT REALTY. Listing data provided by the Toronto Regional Real Estate Board.