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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, 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 trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 45 days

    700 Lake Drive N

    Historic Lakeshore Communities·Georgina, ON·L4P 3C8·Near Metro Rd. N./Lake Dr. N.

    • 5 beds
    Georgina real estate›N13112746
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Welcome To Millionaires Row. A Rare Offering In Historic Roches Point, This Extraordinary Lakeside Bungalow Estate Is Set On A Private 1.3-Acre Tree-Lined Property With 112ft Of Pristine Shoreline Along Lake Simcoe. The Residence Blends Timeless Character With Thoughtful Design, Capturing Breathtaking Water Views From All Principal Rooms. The Main Level Showcases A Grand Great Room With Cathedral Beamed Ceilings, A Striking Three-Sided Floor-To-Ceiling Wood-Burning Fireplace, And An Open-Concept Layout. A Private Owner's Wing Features An Expansive Bedroom Suite With A Sitting Area, 5-Piece Ensuite, And Walkout To A Sunroom Overlooking The Lake And Gardens. The Opposite Wing Offers Four Additional Bedrooms With Serene Views Of The Water And Front Courtyard. A Sprawling Finished Lower Level Adds Exceptional Flexibility With A Recreation Area, Games And Family Rooms, Four More Bedrooms, And Abundant Storage. Multiple Walkouts Connect Seamlessly To An Enclosed Sunporch, Covered Terrace With Skylights, And Beautifully Landscaped Grounds. A Gated Circular Drive, Perennial Gardens, Tranquil Water Feature, Vegetable Garden, And Fenced Dog Run Enhance The Front Approach, While The Rear Grounds Are Designed For Lakeside Living At Its Finest. Enjoy Majestic Lawns, A 16' X 24' Kidney-Shaped Pool With Spa And Wraparound Patio, Gazebo, Private Waterfront With Access To Your Own Private Sandy Swimming Area, And Over 200 Feet Of Permanent Dock With A 14' X 30' Boat Slip, Natural Stone Break Wall, And Sandy-Bottom Shoreline. Additional Highlights Include An Attached Double Garage And A Separate Detached Garage, Offering Ample Space For Vehicles And Recreational Storage. Ideally Located Across From Deer Park Forest Trails And Just A Short Drive To Everyday Amenities And Highway 404, This Is A Truly Exceptional Waterfront Estate Offering Privacy, Scale, And Enduring Appeal.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    May 11, 2026ListedCurrentFor sale$6,500,000 —N13112746This page
    Aug 7, 2025Previously listedExp$7,500,000 —N12330993View
    May 16, 2025Previously listedTer$7,995,000 —N12155269View
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      4
      Heating
      Forced Air
      Air conditioning
      Central Air
      Water source
      Municipal
      Sewer
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 700 Lake Drive N
    What's nearby

    Points of interest classified by the MLS® feed.

    • Golf
    • Lake/Pond
    • Waterfront
    • Wooded/Treed
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $31,933
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $2,488
    0.46% mill rate · ON
    The market

    How this home sits in the Georgina market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Georgina market right now

    Average sold price, days on market, and closed-transaction count for Georgina — sourced from MLS®.

    • Avg sold price
      $805,739
      Last 30 days
    • Median sold price
      $769,900
      Middle of the market
    • Days on market
      30 d
      Avg from list to close
    • Closed last 30d
      185
      MLS® transactions
    Full Georgina market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 700 Lake Drive N — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 700 Lake Drive N and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 700 Lake Drive N listed for?

      700 Lake Drive N is listed at $6,500,000 on the MLS® (listing N13112746). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 700 Lake Drive N have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. 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.

  1. 4 baths
  2. 3000-3500 sqft
  3. Detached
  4. .50-1.99 ac lot
  5. Asking
    $6,500,000
    $0 / sqft · MLS® N13112746
    Chat Zara
  6. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $1,095,805
    $1,008,141Confidence range$1,183,469
    Asking vs estimate
    ↑↑well-above
    +$5,404,195
    (+493.2%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 5 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Georgina sell in about 30 days — this one has been listed 45 days.

    Avg sold price
    $805,739
    Median sold
    $769,900
    Avg days on market
    30
    Recently sold
    185
    See comparable sales
    AI highlights by Zara
    • The Residence Blends Timeless Character With Thoughtful Design, Capturing Breathtaking Water Views From All Principal Rooms.
    • A Private Owner's Wing Features An Expansive Bedroom Suite With A Sitting Area, 5-Piece Ensuite, And Walkout To A Sunroom Overlooking The Lake And Gardens.
    • The Opposite Wing Offers Four Additional Bedrooms With Serene Views Of The Water And Front Courtyard.
    • Additional Highlights Include An Attached Double Garage And A Separate Detached Garage, Offering Ample Space For Vehicles And Recreational Storage.
    Ask Zara a follow-up
    Septic
  7. Parking & garage

    4
    Garage
    Attached
    Garage spaces
    4
    Parking spaces
    16
    Driveway
    Private, Circular Drive
  8. Interior

    5
    Basement
    Full
    Family room
    Y
    Kitchens
    1
    Total rooms
    14
    Elevator
    N
  9. Exterior & construction

    6
    Exterior
    Brick
    Roof
    Shingles
    Foundation
    Concrete Block
    View
    Lake, Trees/Woods, Water
    Waterfront
    Y
    Pool
    Inground
  10. Listing & possession

    3
    Occupancy
    TBA
    Property style
    Bungalow
    Property class
    Detached
  11. Room-by-room · 16 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Main level

    13 rooms
    • Kitchen
      granite counters · hardwood floor · overlook water
      12.0 × 11.0 ft
    • Bedroom 2
      overlook water · double closet · bamboo
      13.8 × 10.6 ft
    • Foyer
      b/i closet · hardwood floor · overlook water
      15.0 × 10.2 ft
    • Family Room
      2 way fireplace · overlook water · hardwood floor
      20.8 × 12.0 ft
    • Bedroom 3
      double closet · bamboo · overlook water
      13.8 × 10.6 ft
    • Bedroom 4
      overlooks frontyard · large window · bamboo
      13.8 × 11.5 ft
    • Mud Room
      ceramic floor · w/o to garage · w/o to deck
      27.0 × 7.8 ft
    • Breakfast
      w/o to sunroom · b/i desk · overlook water
      11.6 × 9.0 ft
    • Living Room
      cathedral ceiling(s) · overlook water · hardwood floor
      18.0 × 14.0 ft
    • Primary Bedroom
      5 pc ensuite · overlook water · w/o to sunroom
      20.8 × 14.0 ft
    • Sunroom
      stone floor · w/o to pool · overlook water
      34.0 × 11.7 ft
    • Dining Room
      open concept · hardwood floor · overlook water
      20.8 × 12.0 ft
    • Bedroom 5
      double closet · bamboo · large window
      11.3 × 8.7 ft

    Lower level

    3 rooms
    • Bedroom
      double closet · broadloom · dropped ceiling
      11.3 × 10.5 ft
    • Game Room
      open concept · bamboo · 3 pc bath
      24.7 × 11.2 ft
    • Recreation
      bamboo · open concept · dropped ceiling
      16.5 × 13.8 ft
    Combined estimate
    $34,421
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $31,933
    /mo
    based on the purchase price of $6,500,000
    $1,300,000 cash
    $5,200,000 financed
    $4,379,765 total interest
    Monthly payment$31,933/ month
    Principal54%$5,200,000
    Interest46%$4,379,765

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    Comparable detacheds that just sold in Georgina

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 14 Whitestone Drive
      Sold
      Sign in for price
      14 Whitestone Drive
      Detached
    • 103 Connell Drive
      Sold
      Sign in for price
      103 Connell Drive
      Detached
    • 47 Donald Ingram Crescent
      Sold
      Sign in for price
      47 Donald Ingram Crescent
      Detached
    • 6 Hadera Place
      Sold
      Sign in for price
      6 Hadera Place
      Detached
    • 40 Chartwell Crescent
      Sold
      Sign in for price
      40 Chartwell Crescent
      Detached
    • 35 Laurelbank Crescent
      Sold
      Sign in for price
      35 Laurelbank Crescent
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    700 Lake Drive NThis home5 / 430,003,500$6,500,000ask———
    14 Whitestone Drive4 / 42,500—
    103 Connell Drive4 / 42,500—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More detacheds in Georgina

    Active listings within ±20% of this asking price.

    • 98 Mcrae Beach Road
      $5,499,000
      98 Mcrae Beach Road
      Detached 5 6
    • 6374 Smith Boulevard
      $6,999,900
      6374 Smith Boulevard
      Detached 5 6
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  12. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  13. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  14. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  15. Public listing courtesy of RE/MAX REALTRON BARRY COHEN HOMES INC. · displayed on Summitly per MLS® data-share rules

    700 Lake Drive N is a 5-bedroom, 4-bath, 3000-3500 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  16. When was 700 Lake Drive N built?

    The year built for 700 Lake Drive N isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  17. What is the property tax for 700 Lake Drive N?

    The 'Property tax' tab in the History section shows the most recent annual tax for 700 Lake Drive N plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  18. How much would the monthly mortgage be on 700 Lake Drive N?

    The affordability calculator on this page shows an estimated monthly mortgage for $6,500,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  19. Has 700 Lake Drive N been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 700 Lake Drive N with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  20. What neighbourhood is 700 Lake Drive N in?

    700 Lake Drive N is in Historic Lakeshore Communities, Georgina. The 'Neighbourhood' section below links to the live Georgina real estate hub with average sold price, days on market, and current inventory.

  21. Is Georgina a good place to live?

    Georgina is one of ON's actively-tracked Summitly markets. The full Georgina real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  22. 47 Donald Ingram Crescent
    4 / 3
    2,000
    —
    6 Hadera Place4 / 52,000—
    40 Chartwell Crescent4 / 42,000—
    35 Laurelbank Crescent4 / 31,500—