Discover this charming waterfront bungalow at 164 Riverbank Drive in Pefferlaw, offering a tranquil retreat on the Pefferlaw River with direct water access to the water and just a short boat ride to the stunning Lake Simcoe(three (3) Kilometers South of the southeastern shores)and close to Holmes Point Park. Nestled on just under 0.5 acres of lush landscape, surrounded by trees, this 2-bedroom, 1-bathroom property sits on a peaceful dead-end street, providing privacy and serenity. While it's a fixer-upper, with the right vision, steady hands, and touch of heart, this home has incredible potential to become a cozy cottage or a year-round residence and with a little love and creativity, your cottage core dream home is within reach, perfect for those seeking a peaceful escape or a permanent lakeside haven and becoming a Pefferlanean!
2 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $570 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 164 Riverbank Dr
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
< 700 sq ftas stated on the listing
Parking
5 spacesYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
5
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Detached
164 Riverbank Dr Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® N13783202$399,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 164 Riverbank Dr Compares to the Georgina Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$1,960
/mo
based on the purchase price of $399,000
$79,800 cash
$319,200 financed
$268,850 total interest
Principal54%$319,200
Interest46%$268,850
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Georgina
Other 2–3 bed homes for sale in Georgina around $399K.
Average days on market38Homes sold in about 38 days on average.
Sale-to-list ratio96.3%On average, homes sold below asking.
Active listings509Homes for sale here right now.
Median vs prior 90 days−1.3%Compared with May 7 – Aug 5, 2026: prices down.
Based on 269 sales from Aug 5 – Nov 3, 2026 (199 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 164 Riverbank Dr
How much is 164 Riverbank Dr listed for?
164 Riverbank Dr is listed at $399,000 (MLS® N13783202). Summitly updates the price as soon as the MLS® record changes.
Is $399,000 a good price for 164 Riverbank Dr?
Summitly rates it Good Deal: the asking price is 3% to 10% below Zara's estimate, an estimate built from recent sales in Georgina. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 164 Riverbank Dr changed?
No — 164 Riverbank Dr is still listed at its original asking price of $399,000.
How many bedrooms and bathrooms does 164 Riverbank Dr have?
164 Riverbank Dr has 2 bedrooms and 1 bathroom, with about 700 square feet of living space. It is a detached home in Georgina.
How much would the monthly mortgage be on 164 Riverbank Dr?
About $1,960 a month — principal and interest on $399,000 with 20% down ($79,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 164 Riverbank Dr compare with other homes in Georgina?
Its asking price of $399,000 is about 48% below the median sold price in Georgina over the last 90 days, $770,000, across 269 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 164 Riverbank Dr been sold before?
Summitly has no earlier MLS® sale or lease of 164 Riverbank Dr on record from the last two years. Older records aren't shown under TRREB rules.
Where is 164 Riverbank Dr?
164 Riverbank Dr is in Georgina, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 164 Riverbank Dr been on the market?
50 days — 164 Riverbank Dr was listed on September 14, 2026.
What is the price per square foot of 164 Riverbank Dr?
About $570 per square foot: the asking price of $399,000 over the 700 sq ft the listing gives.
Does 164 Riverbank Dr have parking or a garage?
Yes — the listing gives 5 parking spaces. Garage: Yes.
Does 164 Riverbank Dr have a basement, and is it finished?
The listing says 164 Riverbank Dr has no basement.