51 Lake Drive

Historic Lakeshore Communities, Georgina · MLS® N12976034

House · Single Family · 198 days on market

listed by EDDIE TAVARES, EXP REALTY

realtor's description

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

property details

type: House, Single Family
bathrooms: 2
parking: 8
property tax: $6,400 / yr
days on market: 198
MLS®: N12976034

monthly cost

$4,851/mo

Mortgage $4,317 · Tax $533

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$4,317/ monthly

loan $792,720

25-year amortization

down payment20% · $198,18020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $502,457
cash to close: $198,180; down payment; transfer tax and fees not included
total paid: $1,295,177

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.