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515 Lake Drive

515 Lake Drive

Georgina, ON

7 bed • 6 bath • approx. 3500-5000 sqft • Detached • 158 days on market

$3,820,000

Experience the pinnacle of luxury lakefront living on the coveted south shore of Lake Simcoe. Set on 3.28 private acres, this extraordinary custom-built estate offers over 5,100 sq. ft. of total living, entertaining, and workspace, blending refined craftsmanship with resort-style waterfront living. The main residence spans more than 3,600 sq. ft., highlighted by a breathtaking great room with 20-ft ceilings, a floor-to-ceiling stone gas fireplace, and rich custom millwork. The chef-inspired kitchen is designed to impress, featuring granite countertops, wide-plank hardwood floors, exposed beams, built-in Viking appliances, a 6-burner gas range, and a large island with prep sink, flowing seamlessly into a sunlit dining area overlooking the lake. The home offers 4+1 bedrooms, including a luxurious primary retreat with a spa-inspired 5-piece ensuite featuring a soaker tub, dual rain showers, and walk-in closet. A 900 sq. ft. in-law suite with 2 bedrooms, 2 bathrooms, accessibility features, private entrance, and its own deck provides ideal accommodations for extended family or guests. Designed for entertaining and relaxation, the home also features a rec room with built-in bar and pool table, a fitness room with cedar sauna, and a two-bay garage with mudroom entry. Outside, a wraparound veranda overlooks beautifully landscaped grounds with mature trees and expansive green space. The private waterfront is set up for lakeside living with an entertaining deck, firepit, boat launch, toy storage, and outbuilding. A standout bonus is the 1,100 sq. ft. detached workshop and entertainment space, complete with golf simulator, lounge area, car hoist, bar/kitchen, and 2-pc washroom. A rare opportunity to own a private waterfront compound offering luxury, versatility, and an exceptional lifestyle -less than an hour from Toronto.

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Listing Details

Taxes (2025)
$17,627
Listed
March 17, 2026

Price History

Listing history

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Property

Style
2-Storey
Age
16-30
Construction
Board & Batten
Roof
Metal
Foundation
Poured Concrete
Interior
Accessory Apartment, Auto Garage Door Remote, Bar Fridge, Built-In Oven, Central Vacuum, Guest Accommodations, In-Law Suite, Sauna, Separate Heating Controls, Storage, Sump Pump
Lot Size
99.32 x 1412.15 Feet

Utilities

Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
Lake Dr East and Kennedy Rd.
Zoning
Residential (R2)
Parcel Number
035110025
Possession
90+ days

Commercial

Occupancy
Owner

Included

Inclusions
All Electric Light Fixtures, All Window Coverings, Fridge, Stove, Dishwasher, Microwave, Washer & Dryer, 2 Central AC, Central Vacuum & Attachments, Hot Water Heater, 2 Garage Door Openers & Remotes, Alarm System, Garden shed.

Waterfront

Water Body
Lake Simcoe
Shoreline
Clean, Mixed
Docking
Private

Schools

Elementary

  • St Bernadette's Catholic Elementary School3.6 km

    Catholic · York CDSB · 235 students

    Grade 3 reading: 50% met the provincial standard · Grade 6 math: 23% met the provincial standard

  • Black River Public School3.7 km

    Public · York Region DSB · 225 students

    Grade 3 reading: 100% met the provincial standard · Grade 6 math: 75% met the provincial standard

  • Sutton Public School3.9 km

    Public · York Region DSB · 465 students

    Grade 3 reading: 76% met the provincial standard · Grade 6 math: 29% met the provincial standard

Secondary

  • Sutton District High School4.3 km

    Public · York Region DSB · 470 students

    Grade 10 literacy: 66% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area L0E

Population
21,898
Private dwellings
10,072
Median age
46.8
Average household size
2.5
Median household income
$90,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Freehold in Georgina · last 12 months

Median sold price
$780,000
Homes sold
631
Median days on market
23
Sale-to-list price
96.8%

Based on 631 recorded sales of residential freehold properties in Georgina over the last 12 months.

Rooms

5-piece on Second, 4-piece on Second, 2 × 3-piece on Main, 2-piece on Basement, 2-piece on Ground

Second

  • Bedroom 210'4" x 12'10"
  • Bedroom 310'3" x 12'10"
  • Primary Bedroom16'5" x 23'9"
  • Primary Bedroom12'8" x 22'3"

Main

  • Bedroom 29'1" x 11'10"
  • Bedroom 410'8" x 16'3"
  • Dining Room9'10" x 12'7"
  • Great Room16'2" x 20'3"
  • Kitchen12'7" x 14'8"
  • Kitchen9' x 12'8"
  • Laundry8' x 12'7"
  • Living Room15' x 17'4"
  • Office9'11" x 12'7"

Basement

  • Bedroom 515'3" x 15'11"
  • Exercise Room14'5" x 15'11"
  • Recreation
  • Utility Room9'9" x 10'

Listed by

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Location

Mortgage Calculator

$764,000

Estimated Monthly Payment

$18,767

Investment Analysis

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Mortgage: $18,767/mo (20% down, 5.5%)

Taxes: $1,469/mo · Insurance: $955/mo

Estimates only. Consult a financial advisor.

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