173 Thompson Drive, East Gwillimbury, ON
Holland Landing, East Gwillimbury · MLS® N13078326
About this home
In short
- This spectacular bungalow sits on over half an acre-one of the most desirable lots in Holland Landing.
- With 3+1 bedrooms and separate living and dining rooms, this home is designed for both comfort and entertaining.
- The professionally finished walk-out basement features a wet bar, abundant natural light, and ample space for the whole family, offering approximately 4,500 sq ft of...
- Outside, a huge deck treed yard surrounds a fabulous inground pool, creating your own private backyard oasis.
This spectacular bungalow sits on over half an acre-one of the most desirable lots in Holland Landing. With 3+1 bedrooms and separate living and dining rooms, this home is designed for both comfort and entertaining. The large, updated eat-in kitchen walks out to a bright three-season sunroom and an expansive deck-perfect for indoor-outdoor living. The professionally finished walk-out basement features a wet bar, abundant natural light, and ample space for the whole family, offering approximately 4,500 sq ft of living space in total. Outside, a huge deck treed yard surrounds a fabulous inground pool, creating your own private backyard oasis. Don't miss this exceptional property!
Key facts
- Property type
- Detached, Bungalow
- MLS®
- N13078326
- Bedrooms
- 3+1 (4 total)
- Bathrooms
- 3
- Size
- 2000-2500 sq ft
- Lot
- 97.86 × 271.86 ft
- Cross streets
- Stonehill & Thompson
- Parking
- 2 garage · 10 parking (attached)
- Driveway
- Private
- Basement
- Finished with Walk-Out, Separate Entrance
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Shingles
- Sewer
- Septic
- Pool
- Inground
- Property tax
- $8,110 / 2025
- Days on market
- 169
- Listing brokerage
- EVERLAND REALTY INC.
Rooms
ceramic floor · granite counters · stainless steel appl
hardwood floor · wainscoting · large window
hardwood floor · large closet · large window
hardwood floor · large closet · large window
hardwood floor · gas fireplace · bay window
fireplace · wet bar · w/o to yard
laminate · large closet
Overlooks Backyard
ceramic floor · combined w/kitchen · w/o to sunroom
hardwood floor · w/o to sunroom · gas fireplace
hardwood floor · 5 pc ensuite · w/o to deck
Listed at $1,480,000. Going by how homes in Holland Landing and the wider GTA have actually closed against their asking prices (about 97%, 29 local closings in 90 days), the likely sale price is near $1.44M, if it sells. A realistic range is $1.35M to $1.62M.
Independent value check: $1.46M. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $1.37M and $1.53M).
Why $1.46M. The typical detached home sold in Holland Landing over the past year went for about $1.15M (111 sales). What sets this one apart:
- ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $8,110 a year; the typical home sold here pays about $5,400.
- ▲ Raises it stronglyIts lot is 98 by 272 ft; the typical lot sold here is 52 by 131.
- ▲ Raises it slightly2 garage and 10 total parking spaces, against 2 and 6 typically.
Total price vs nearby homes. Likely closing about $1.44M, from 29 recent closings in this pocket.
The market behind the math:
About 0.7 months of inventory: 7 detached homes for sale in the area against 29 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $658/sqft against an area asking average of $810/sqft.
- Walk-out basement apartment features. A finished 1 bed walk-out basement apartment with a separate entrance. A self-contained space for extended family, guests or potential income. Basements do rent in Holland Landing: 24 of the 189 detached leases here lately were basement units, around $1,775 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the Town of East Gwillimbury.
- Inground pool. Priced into the comparison on the assumption it is clean and modern. A pool costs more to build than resale pays back, and condition is the in-person call.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.
It never sees the asking price. The 29 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.47M. Condition and finishes remain an in-person call.
What the listing highlights4 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Walk-out basement: natural light and strong in-law or income potential. Income potential
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
- Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Read this with carewhy it’s an estimate, not an appraisal
There were not many closely comparable homes right in Holland Landing, so I widened the search to the surrounding area.
Based on 29 comparable homes that sold in Holland Landing over the past two years, from 237 closings there.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleNothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $1.46M, which is where my estimate comes from.
Per square foot, these ask about $530/sqft; this home lists at $658/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesSold price trend
Median sold price for detached homes in Holland Landing: $1.15M in September 2026, down 6% from a year ago, on 113 closings in 11 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.27M | 9 |
| November 2025 | $1.25M | 17 |
| December 2025 | $1.16M | 10 |
| February 2026 | $1.13M | 9 |
| March 2026 | $1.24M | 9 |
| April 2026 | $938K | 6 |
| May 2026 | $1.13M | 8 |
| June 2026 | $1.12M | 9 |
| July 2026 | $1.22M | 13 |
| August 2026 | $1.12M | 12 |
| September 2026 | $1.15M | 11 |
Neighbourhood & location
Holland Landing, East Gwillimbury, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). East Gwillimbury.
Get the full neighbourhood report (schools, parks, transit & safety) →
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $1,184,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,547
- Property tax
- $676
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,222
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $26,075
- Estimated closing costs
- $26,075
Plus your down payment of $296,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $392,792
- Principal paid down
- $144,663
- Interest paid
- $248,129
- Balance remaining
- $1,039,337
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
The suite is real income here: basements rent in Holland Landing (24 of 189 recent detached leases were basement units, around $1,775 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,775 a month on top of the upper floors. Permitted use is worth confirming with the city.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 82 whole-home leases in Holland Landing signed at a median of $3,550 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,983. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of EVERLAND REALTY INC.. MLS®/PropTx.