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Listed 3 months ago

98 Mcrae Beach Road S

Virginia, Georgina

$5,499,000

Detached|2-Storey
5 | 6 | 19
About this home

An extraordinary custom-built waterfront estate on Lake Simcoe offering over 5,500 sqft of uncompromising luxury on a private half-acre lot w 100ft of coveted west-facing shoreline & breathtaking sunsets. Designed for those who appreciate exceptional craftsmanship, this brand-new residence showcases only the finest materials and commercial-grade German-engineered windows and doors that frame spectacular lake views T/O.A grand foyer welcomes you into an impressive open-concept design featuring soaring 21ft clngs & seamless flow from the F.R to the designer kitchen & sunroom. The stunning floor-to-ceiling gas F.P. feature wall & dramatic 19-foot window create a breathtaking focal point while capturing endless waterfront views.The chef-inspired kitchen is designed for entertaining, highlighted by a 10ft waterfall granite island & premium finishes. A main-floor guest suite w spa-inspired heated-floor bath offers comfort & privacy w stunning lake vistas. The den & office are enhanced by a double-sided F.P., creating an elegant & functional workspace.The upper level features 4 spacious bedrooms, ea w a private ensuite & heated floors. The luxurious primary retreat offers a designer W.I.closet w center island, spa-inspired ensuite, & W/O to a composite deck ovrlking the lake. A second-floor laund rm w coffee station adds convenience.Additional features include 7" engineered oak hardwd flooring, LED pot lights, valance lighting, solid-core doors, automated wrought-iron gates, sprinkler system, whole-home alarm, surge protection, whole house backup genratr, & direct access to the insulated 5-car gar.Outdoor living is equally impressive with a state-of-the-art outdoor kit, 56' seasonal dock, marine rail, winch system, & a dry boathouse complete w kitchenette, Trusscore finishes, & sep electrical panels.A rare opportunity to own a spectacular year-round waterfront retreat where luxury, privacy, & unforgettable sunsets converge on one of Lake Simcoe's most coveted shorelines.

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Contact nest zoom realty.

nest zoom realty
(416) 276-9973
TypeDetached
Style2-Storey
Approx. Age0-5
Size5000 + sq. ft.
Property Tax$25,883
Lot Size98.35 ft x 206.11 ft
mls© NumberN13418228
Listed ByCECILIA DEFREITAS FINE HOMES LTD.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$28,146
Property tax
$2,157
Heat allowance
$150
Housing costs
$30,453 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $1,099,800
25-yr amortization

Income needed

$937,000

gross annual household income

Payment at 4%
$23,141 / mo
Cash down
$1,099,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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