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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 49 days

    724 Lake Drive N

    Historic Lakeshore Communities·Georgina, ON·L4P 3C8·Near Metro Rd. N. & Varney Rd.

    • 4 beds
    Georgina real estate›N13116668
    • 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 724 Lake Dr. N., a rare Lake Simcoe waterfront estate circa 1924, set on a private 1.1-acre lot with 134 ft. of sandy shoreline. Surrounded by cedar hedges, mature trees, perennial gardens, and rolling lawns, this exceptional property offers stunning sunsets, a permanent 150-ft. dock, stone break wall, sandy lakebed, and ownership of a 1-acre water lot extending 330 ft. offshore. The grand entry has plenty of parking and features a stone wall and flagstone patio. Ideal for multigenerational living or a family retreat, the property includes the main residence, an attached guest house, and separate guest quarters affectionately referred to as the "Hedge Hog," offering a total of nearly 4,500 sq. ft. with 9 bedrooms, 6 baths and 3 kitchens. The main house with its stucco finish is warm and character filled with 9' main level ceilings, rich wood floors and a wood burning fireplace in the spacious living room. The large family kitchen includes two walkouts and a pass-through to the dining room, making entertaining effortless. The delightful enclosed sun porch overlooking the landscaped grounds is the perfect place to relax and enjoy a good book or perhaps a lazy afternoon nap on a beautiful summer day. Upstairs, the primary suite enjoys breathtaking lake views and a private 3-pc ensuite. Outside, enjoy swimming, boating, fires by the shoreline, and year-round sunsets from this spectacular waterfront setting. Conveniently located across from 200 acres of hiking trails in Deer Park Forest and close to scenic cycling routes, this is a truly rare and unique opportunity to enjoy the best of Lake Simcoe living.

    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 12, 2026ListedCurrentFor sale$3,900,000 —N13116668This page
    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

      5
      Heating
      Baseboard
      Air conditioning
      None
      Fireplaces
      1
      Water source
    Location & lifestyle

    Getting around, schools & the block

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

    📍 724 Lake Drive N
    What's nearby

    Points of interest classified by the MLS® feed.

    • Clear View
    • Lake/Pond
    • Place Of Worship
    • Public Transit
    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
    $19,160
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $1,815
    0.56% 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
      $794,454
      Last 30 days
    • Median sold price
      $760,000
      Middle of the market
    • Days on market
      31 d
      Avg from list to close
    • Closed last 30d
      183
      MLS® transactions
    Full Georgina market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 724 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 724 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 724 Lake Drive N listed for?

      724 Lake Drive N is listed at $3,900,000 on the MLS® (listing N13116668). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 724 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. 5 baths
  2. 3500-5000 sqft
  3. Detached
  4. Built 100+
  5. .50-1.99 ac lot
  6. Asking
    $3,900,000
    $0 / sqft · MLS® N13116668
    Chat Zara
  7. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $937,456
    $862,459Confidence range$1,012,452
    Asking vs estimate
    ↑↑well-above
    +$2,962,544
    (+316.0%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 4 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Georgina sell in about 31 days — this one has been listed 49 days.

    Avg sold price
    $794,454
    Median sold
    $760,000
    Avg days on market
    31
    Recently sold
    183
    See comparable sales
    Walk through online
    Listing agent has provided a interactive tour
    Open virtual tour
    AI highlights by Zara
    • N., a rare Lake Simcoe waterfront estate circa 1924, set on a private 1.1-acre lot with 134 ft. of sandy shoreline.
    • The grand entry has plenty of parking and features a stone wall and flagstone patio.
    • The main house with its stucco finish is warm and character filled with 9' main level ceilings, rich wood floors and a wood burning fireplace in the spacious living room.
    • Upstairs, the primary suite enjoys breathtaking lake views and a private 3-pc ensuite.
    Ask Zara a follow-up
    Municipal
    Sewer
    Septic
  8. Parking & garage

    3
    Garage
    None
    Parking spaces
    20
    Driveway
    Private
  9. Interior

    5
    Basement
    Crawl Space
    Family room
    N
    Kitchens
    1
    Total rooms
    10
    Laundry level
    Main Level
  10. Exterior & construction

    6
    Exterior
    Stucco (Plaster)
    Roof
    Asphalt Shingle
    Foundation
    Unknown
    View
    Forest, Lake, Panoramic, Trees/Woods, Water
    Waterfront
    Y
    Pool
    None
  11. Lot & land

    2
    Year built
    100+
    Zoning
    Res
  12. Listing & possession

    3
    Occupancy
    October 2026/TBA
    Property style
    2-Storey
    Property class
    Detached
  13. Room-by-room · 17 rooms

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

    Room dimensions

    Main level

    10 rooms
    • Den
      wood · closet
      13.1 × 9.8 ft
    • Bedroom
      broadloom · w/o to deck
      11.3 × 9.7 ft
    • Dining Room
      pass through · w/o to water · overlook water
      19.3 × 9.8 ft
    • Bedroom
      wood · double closet
      18.7 × 13.1 ft
    • Living Room
      hardwood floor · fireplace insert · overlook water
      20.2 × 19.8 ft
    • Utility Room
      wood · closet · b/i shelves
      11.0 × 7.6 ft
    • Great Room
      wood · combined w/kitchen · w/o to deck
      21.0 × 21.0 ft
    • Bedroom
      Wood
      12.5 × 9.8 ft
    • Sunroom
      ceramic floor · w/o to water · overlook water
      20.5 × 9.9 ft
    • Kitchen
      wood · w/o to yard · family size kitchen
      16.8 × 15.6 ft

    Second level

    7 rooms
    • Bedroom 2
      wood · cedar closet(s) · overlook water
      13.2 × 11.4 ft
    • Bedroom
      broadloom · irregular room
      11.2 × 10.6 ft
    • Primary Bedroom
      wood · double closet · 3 pc ensuite
      18.2 × 15.3 ft
    • Bedroom
      broadloom · closet · combined w/kitchen
      11.4 × 8.8 ft
    • Bedroom 4
      wood · cedar closet(s) · overlooks backyard
      13.6 × 12.5 ft
    • Bedroom 3
      wood · closet · overlooks backyard
      17.7 × 10.0 ft
    • Sitting
      broadloom · irregular room
      11.2 × 7.1 ft
  14. Waterfront
  15. Combined estimate
    $20,975
    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
    $19,160
    /mo
    based on the purchase price of $3,900,000
    $780,000 cash
    $3,120,000 financed
    $2,627,859 total interest
    Monthly payment$19,160/ month
    Principal54%$3,120,000
    Interest46%$2,627,859

    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.

    • 245 Royal Road
      Sold
      Sign in for price
      245 Royal Road
      Detached
    • 25 Juno Crescent
      Sold
      Sign in for price
      25 Juno Crescent
      Detached
    • 142 Country Mile Lane
      Sold
      Sign in for price
      142 Country Mile Lane
      Detached
    • 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
    AddressBd / BaSqftSold$/sqft% of askSold
    724 Lake Drive NThis home4 / 535,005,000$3,900,000ask———
    245 Royal Road3 / 11,100—
    25 Juno Crescent3 / 21,100—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More detacheds in Georgina

    Active listings within ±20% of this asking price.

    • 132 Cook's Bay Drive
      $3,528,888
      132 Cook's Bay Drive
      Detached 4 6
    • 170 Hedge Road
      $3,200,000
      170 Hedge Road
      Detached 4 3
    • 178 Moores Beach Road
      $3,499,900
      178 Moores Beach Road
      Detached 5 4
    • 25 Pinery Lane
      $3,999,000
      25 Pinery Lane
      Detached 5 8
    • 109 Woodriver Bend
      $4,500,000
      109 Woodriver Bend
      Detached 4 3
    • 515 Lake Drive
      $3,820,000
      515 Lake Drive
      Detached 6 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.

  16. One team, no handoffs

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

  17. Showings on YOUR schedule

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

  18. Mortgage that closes

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

  19. Public listing courtesy of RE/MAX HALLMARK YORK GROUP REALTY LTD. · displayed on Summitly per MLS® data-share rules

    724 Lake Drive N is a 4-bedroom, 5-bath, 3500-5000 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  20. When was 724 Lake Drive N built?

    724 Lake Drive N was built in 100+. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  21. What is the property tax for 724 Lake Drive N?

    The 'Property tax' tab in the History section shows the most recent annual tax for 724 Lake Drive N plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  22. How much would the monthly mortgage be on 724 Lake Drive N?

    The affordability calculator on this page shows an estimated monthly mortgage for $3,900,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  23. Has 724 Lake Drive N been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 724 Lake Drive N with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  24. What neighbourhood is 724 Lake Drive N in?

    724 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.

  25. 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.

  26. 142 Country Mile Lane
    3 / 2
    1,500
    —
    14 Whitestone Drive4 / 42,500—
    103 Connell Drive4 / 42,500—
    47 Donald Ingram Crescent4 / 32,000—