948 Lake Drive E
948 Lake Drive E
948 Lake Drive E
+37
7
 bed
4
 bath
6
 parking
3000 - 3500
 sqft
Fourplex
$1,025,000
For Sale
49 days
 on site
$1,025,000
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Size
-
Lot size
5663 sqft
Street frontage
-
Possession
Flexible
Price per sqft
$293 - $342
Taxes
$4,612 (2025)
Parking Type
-
Style
2-Storey
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Description
Welcome to this rare income-generating fourplex, ideally located in the heart of Jacksons Point just steps from Lake Simcoe, beaches, parks, shops, and restaurants. This well-maintained property features four self-contained units, each offering comfortable layouts and strong rental appeal.Whether you're an investor looking for steady cash flow or a buyer seeking a multi-generational living opportunity, this property delivers flexibility and long-term value. Three of the suites feature two spacious bedrooms and one full bathroom, while the fourth suite offers a cozy one-bedroom layout, also with a full bathroom. Each unit is self-contained and separately metered, giving tenants independence and reducing management complexity for the owner. With its versatile unit mix, this property appeals to a wide range of tenants, from professionals and couples to small families. Investors will appreciate the steady rental demand in Jacksons Point, a community known for its blend of small-town charm and recreational lifestyle, while residents enjoy easy access to parks, beaches, marinas, and year-round outdoor activities.Tenants enjoy the convenience of on-site parking, private entrances, and easy access to local amenities, while owners benefit from consistent rental income in a highly desirable lakeside community. With Jacksons Point continuing to grow as a sought-after destination for year-round living and recreation, this fourplex is a prime opportunity to secure a strong-performing asset in a thriving market.
Broker: KELLER WILLIAMS REALTY CENTRES
MLS®#: N12378455
Property details
Parking:
6
Parking type:
-
Property type:
Fourplex
Heating type:
Baseboard
Style:
2-Storey
MLS Size:
3000-3500 sqft
Lot front:
57 Ft
Lot depth:
100 Ft
Listed on:
Sep 3, 2025
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Instant estimate:
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$17,500
lower than listed price
i
High
$1,057,875
Mid
$1,007,500
Low
$957,125
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84 Lampkin Street
1/51
$999,990
111 days
84 Lampkin Street
4BD
4BA
7 Parking
3,000-3,500 sqft
MLS#: N12255418
ROYAL LEPAGE YOUR COMMUNITY REALTY
111 days

About 948 Lake Drive E

Located at 948 Lake Drive E, this Jacksons Point fourplex is available for sale. It was listed at $1025000 in September 2025 and has 7 beds and 4 bathrooms. Situated in Jacksons Point's Sutton-Jacksons Point neighbourhood, Snake Islands, Virginia, Historic Lakeshore Communities and Belhaven are nearby neighbourhoods.

Nearby grocery options: Steve's No Frills is only a 15 minute walk.

Living in this Sutton-Jacksons Point fourplex is easy. There is also METRO RD / DALTON RD Bus Stop, nearby, with route Queensway nearby.