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51 Lake Drive

51 Lake Drive

Georgina, ON

  • 2 bath
  • approx. 700-1100 sqft
  • Detached
  • 160 days on market
$990,900

Amazing Lakefront Commercial Property- Zoned C5 With Multiple Uses Allowed/ Right Across Beautiful Cook's Bay in Lake Simcoe // Was Used Before As A Coffee Shop But Multiple Uses Are Allowed/ Great Investment// Good Size Lot, Lots Of Parking// You Can Build A Second Floor or An Extension At The Back// This Could Be A Thriving Business All Year Round// Sun Shines On The Property All Day/ Busy All Year Round/ Summer Fishing, Winter Ice Fishing, Water Sports, Tournaments/ Free Boat Launch/ House Has 200 Amp,

Listing Details

Taxes (2025)
$6,400
Listed
April 4, 2026

Price History

Listing history

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Property

Style
1 Storey/Apt
Construction
Aluminum Siding
Roof
Asphalt Shingle
Foundation
Unknown
Interior
Other
Lot Size
83 x 114.92 Feet

Parking

Garage
None
Covered Spaces
0
Total Parking
8

Utilities

Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
Rayners/ Lake Dr N
Zoning
Commercial
Parcel Number
034880018
Possession
Flexible
Occupancy
Vacant

Included

Inclusions
SHOWINGS MON THOUGH THURS ONLT/NO EXCEPTIONS/
Exclusions
SHOWINGS MON THOUGH THURS ONLT/NO EXCEPTIONS/
Rental Items
Water Heater

Waterfront

Water Body
Cook's Bay
Shoreline
Sandy
Docking
None

Schools

Elementary

  • St Thomas Aquinas Catholic Elementary School0.6 km

    Catholic · York CDSB · 355 students

    Grade 3 reading: 48% met the provincial standard · Grade 6 math: 43% met the provincial standard

  • Lakeside Public School0.9 km

    Public · York Region DSB · 375 students

    Grade 3 reading: 72% met the provincial standard · Grade 6 math: 37% met the provincial standard

  • Keswick Public School1.1 km

    Public · York Region DSB · 355 students

    Grade 6 math: 40% met the provincial standard

Secondary

  • Keswick High School3.2 km

    Public · York Region DSB · 960 students

    Grade 10 literacy: 77% met the provincial standard

  • Our Lady of the Lake Catholic Academy High School4 km

    Catholic · York CDSB · 320 students

    Grade 10 literacy: 84% 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 L4P

Population
29,861
Private dwellings
11,365
Median age
40.4
Average household size
2.7
Median household income
$102,000

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
619
Median days on market
23
Sale-to-list price
96.8%

Based on 619 recorded sales of residential freehold properties in Georgina over the last 12 months.

Rooms

3-piece, 2-piece

Ground

  • Game Room
  • Kitchen
  • Office

Listed by

EXP REALTY

Walk Score

34

Walk

27

Transit

46

Bike

Scores by Walk Score®

Mortgage Calculator

$198,180

Estimated Monthly Payment

$4,868

Land transfer tax

Estimated land transfer tax$16,293

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $4,868/mo (20% down, 5.5%)

Taxes: $533/mo · Insurance: $248/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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