515 Lake Drive, Georgina, ON

$3,820,000
MLS#:N12890964
7 beds
6 baths
3500-5000 sqft
25.0 parking
Residential Freehold
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Added:Mar 17, 2026(165 days ago)
Updated:Mar 17, 2026(165 days ago)
Last Checked:10 minutes ago

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Historic Lakeshore Communities. Expertly crafted featuring premium board & batten construction, this residence presents an exceptional opportunity offered at $3,820,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 7 Bedrooms and 6 Bathrooms with 2 functional kitchens
  • Generous living space spanning 3500-5000 sqft on a premium 99.32 x 1412.15 ft lot
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 25.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Accessory Apartment, Auto Garage Door Remote, Bar Fridge
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Experience the pinnacle of luxury lakefront living on the coveted south shore of Lake Simcoe. Set on 3.28 private acres, this extraordinary custom-built estate offers over 5,100 sq. ft. of total living, entertaining, and workspace, blending refined craftsmanship with resort-style waterfront living. The main residence spans more than 3,600 sq. ft., highlighted by a breathtaking great room with 20-ft ceilings, a floor-to-ceiling stone gas fireplace, and rich custom millwork. The chef-inspired kitchen is designed to impress, featuring granite countertops, wide-plank hardwood floors, exposed beams, built-in Viking appliances, a 6-burner gas range, and a large island with prep sink, flowing seamlessly into a sunlit dining area overlooking the lake. The home offers 4+1 bedrooms, including a luxurious primary retreat with a spa-inspired 5-piece ensuite featuring a soaker tub, dual rain showers, and walk-in closet. A 900 sq. ft. in-law suite with 2 bedrooms, 2 bathrooms, accessibility features, private entrance, and its own deck provides ideal accommodations for extended family or guests. Designed for entertaining and relaxation, the home also features a rec room with built-in bar and pool table, a fitness room with cedar sauna, and a two-bay garage with mudroom entry. Outside, a wraparound veranda overlooks beautifully landscaped grounds with mature trees and expansive green space. The private waterfront is set up for lakeside living with an entertaining deck, firepit, boat launch, toy storage, and outbuilding. A standout bonus is the 1,100 sq. ft. detached workshop and entertainment space, complete with golf simulator, lounge area, car hoist, bar/kitchen, and 2-pc washroom. A rare opportunity to own a private waterfront compound offering luxury, versatility, and an exceptional lifestyle -less than an hour from Toronto.

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Property Summary

This detached home located at 515 Lake Drive, Georgina is currently for sale and has been available on SousaSells for 165 days. This property is listed at $3,820,000 with an estimated mortgage of $12,715* per month. It has 7 beds, 6 bathrooms, and is 3500-5000 square feet. 515 Lake Drive, Georgina is in the Historic Lakeshore Communities neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 7 bedrooms and 6 bathrooms, this home offers ample space and comfort for growing families in Historic Lakeshore Communities, Georgina.

Highly Recommended for Families
What We Love About This Home
  • •7 spacious bedroom layout offering versatile living space
  • •6 well-appointed bathrooms
  • •3500-5000 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Growing families needing multi-bedroom flexibility and space in Historic Lakeshore Communities, Georgina.

Target Buyer Match

Key Features

Bedrooms
7
Bathrooms
6
Kitchens
2
Living Area
3500-5000 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
AddedMar 17, 2026 (165 days ago)
UpdatedMar 17, 2026 (165 days ago)
Last Checked10 minutes ago
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBoard & Batten
BasementFinished
Lot Size99.32 Ă— 1412.15 Feet
CountyYork
Annual Tax$17,627.25
Legal DescriptionPT BLK A PL 331 N GWILLIMBURY; PT LT 70 PL 331 N GWILLIMBURY; PT N PT LT 12 CON 9 N GWILLIMBURY PT 1, 65R15961 ; GEORGINA

Parking & Garage

Parking Total25.0
Parking Space20
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Beach
  • Golf
  • Lake Access
  • Lake/Pond
  • Marina
  • Waterfront

Interior Features

  • Accessory Apartment
  • Auto Garage Door Remote
  • Bar Fridge
  • Built-In Oven
  • Central Vacuum
  • Guest Accommodations
  • In-Law Suite
  • Sauna
  • Separate Heating Controls
  • Storage
  • Sump Pump

Security Features

  • Alarm System
  • Carbon Monoxide Detectors
  • Smoke Detector

Community Features

None listed

Frequently Asked Questions about 515 Lake Drive, Georgina, ON

Q.What is the asking price for 515 Lake Drive, Georgina, ON ?

The current listing price for 515 Lake Drive, Georgina, ON in Historic Lakeshore Communities, Georgina is $3,820,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 7 bedrooms and 6 bathrooms across approximately 3500-5000 sqft.

Q.What property type and architectural style is 515 Lake Drive, Georgina, ON ?

515 Lake Drive, Georgina, ON is a Detached (2-Storey) featuring a Finished basement.

Q.What key property features does 515 Lake Drive, Georgina, ON offer?

Key property features include: Beach, Golf, Lake Access, Lake/Pond, Marina, Waterfront.

Q.What interior features are included in this home?

Interior highlights include: Accessory Apartment, Auto Garage Door Remote, Bar Fridge, Built-In Oven, Central Vacuum, Guest Accommodations, In-Law Suite, Sauna, Separate Heating Controls, Storage, Sump Pump.

Q.What security features are installed at 515 Lake Drive, Georgina, ON ?

Security features include: Alarm System, Carbon Monoxide Detectors, Smoke Detector.

Q.Is parking available at this property?

Yes, this property offers parking space for 25.0 vehicles (Attached).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

Location

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515 Lake Drive, Georgina, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Historic Lakeshore Communities, Georgina

SAFETY RATING9.2 / 10
Low Incident Area
Total Annual Incidents62 incidents / yr
Average Per Month5.2 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

22 assaults (45.0/100k)

Property Security
Low

12 B&E (40.0/100k)

Auto Theft Risk
Low Risk

16 thefts (45.0/100k)

1-Year Trend
â–Ľ 4.8%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Official Police Services ArcGIS Open Data
Halton & GTHA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 515 Lake Drive E, Georgina, ON L0E 1S0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Georgina.

Configure Loan Settings

Interest Rate4.00%
Down Payment$1,146,000 (30.0%)
* Minimum Canadian down payment required for this price is $764,000.
Amortization Period30 Years
Estimated Monthly Payment$12,715Based on a loan of $2,674,000 over 30 years.
Purchase Price$3,820,000
Loan Amount$2,674,000
Provincial Land Transfer Tax:$81,975
Total Estimated Closing Taxes:$81,975

About Purchasing a Home in Georgina, ON

For a property listed at $3,820,000 in Georgina, the legal minimum down payment is $764,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $81,975 for this transaction. As this listing is in Georgina (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $81,975.

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Historic Lakeshore Communities, Georgina Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Historic Lakeshore Communities, Georgina.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,790,937

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Best Schools in Historic Lakeshore Communities, Georgina

Elementary Schools

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Secondary Schools

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Historic Lakeshore Communities, Georgina Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

Need more details or a custom CMA?

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.

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