$3.82M · 6+1 bed Detached · Historic Lakeshore Communities, Georgina

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About this home

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 kitc…

Property details

MLS#

N12890964

Status

Buy Now

Beds

6+1

Baths

6 full, 0 half

Size

3500-5000

Style

2-Storey

Type

Detached

Year built

—

Roof: Metal
Foundation: Poured Concrete
Other structures: Additional Garage(s), Aux Residences, Fence - Partial, Garden Shed, Out Buildings, Workshop, Storage
Property features: Beach, Golf, Lake Access, Lake/Pond, Marina, Waterfront

Fireplace features: Living Room, Natural Gas

View: Clear, Garden, Lake, Trees/Woods, Water, Forest

Waterfront: Yes
Water view: Direct
Water body: Lake Simcoe
Water frontage: 30.27 ft
Shoreline: Clean, Mixed
Waterfront features: Breakwater, Waterfront-Road Between

Garage: 5-car Attached
Garage spaces: 5
Parking: 25 total
Lot: 99.32 × 1412.15
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Pool: No
Exterior: Board & Batten · Deck, Landscaped, Lawn Sprinkler System, Patio, Privacy, Porch, Porch Enclosed, Year Round Living
Fronting on: South
Cross street: Lake Dr East and Kennedy Rd.
Basement: Finished
Stories: —
Utilities: —
Laundry: —
Interior: 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
Parking features: Private, Covered, RV/Truck

Rooms

Level	Room	Dimensions
Main	Great Room	6.17m × 4.94m
Main	Dining Room	3.84m × 2.99m
Main	Kitchen	4.46m × 3.84m
Second	Primary Bedroom	6.77m × 3.86m
Second	Bedroom 2	3.91m × 3.15m
Second	Bedroom 3	3.91m × 3.13m
Main	Bedroom 4	4.95m × 3.26m
Basement	Bedroom 5	4.84m × 4.66m
Main	Office	3.84m × 3.01m
Main	Laundry	3.84m × 2.45m
Main	Living Room	5.28m × 4.58m
Main	Kitchen	3.86m × 2.75m
Main	Bedroom 2	3.6m × 2.76m
Second	Primary Bedroom	7.24m × 5.01m
Basement	Recreation	9.81m × 7.32m
Basement	Exercise Room	4.84m × 4.4m
Basement	Utility Room	3.06m × 2.97m

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $3,820,000✓ $17,627 tax✓ Gas✓ 3500-5000 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$27,086/mo

incl. closing costs (yr 1)

Annual total

$325,035

year 1

Mortgage only

$14,492/mo

principal + interest

Beyond mortgage

$5,305/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$764,000

20%+ required — no CMHC insurance on $1.5M+ homes

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$1,469/mo

Utilities

Hydro / electricity$298/mo

≈ $0.07/ft² × ~4,250 ft² · ON avg ~$298/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$38,200/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$81,975

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)54% $173,903/yr

Property taxes31% $99,602/yr

Utilities2% $6,630/yr

Insurance & security0% $1,600/yr

Maintenance12% $38,200/yr

Closing costs2% $5,100/yr

Mortgage is 54% of your true cost of ownership. The other 46% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$173,903	$14,492/mo
Government & taxes
Property tax	$17,627	$1,469/mo
Land transfer tax(closing)	$81,975	$6,831/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$3,570	$298/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$38,200	$3,183/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$325,035	$27,086/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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515 Lake Drive

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Annual costs