23 Fairbairn Gate, East Gwillimbury, ON
Rural East Gwillimbury, East Gwillimbury · MLS® N13248564
About this home
In short
- Spectacular Custom Open Concept Bungalow (Aprox.
- 5,600 sqft. of Luxurious Living Space Situated on quiet Court & on South facing Aprox.
- 1.48 Acres with Backyard Oasis with Inground Saltwater Pool, Waterfall, Gazebo & Large Stone Patio.
- Quality Features Include Smooth ceilings, Crown Mouldings, Hardwood Floors.
- 2019), Finished Basement (2018), Kitchen Cabinets Painted (2026)
Spectacular Custom Open Concept Bungalow (Aprox. 20 year old) Aprox. 5,600 sqft. of Luxurious Living Space Situated on quiet Court & on South facing Aprox. 1.48 Acres with Backyard Oasis with Inground Saltwater Pool, Waterfall, Gazebo & Large Stone Patio. 10ft Ceilings throughout Main Floor. Quality Features Include Smooth ceilings, Crown Mouldings, Hardwood Floors. Recent Improvements: Backyard (Sept. 2019), Finished Basement (2018), Kitchen Cabinets Painted (2026)
Key facts
- Property type
- Detached, Bungalow
- MLS®
- N13248564
- Bedrooms
- 3+1 (4 total)
- Bathrooms
- 4 (1 half)
- Size
- 2500-3000 sq ft
- Lot
- 163.71 × 442.88 ft
- Cross streets
- Warden and Queensville Side Rd
- Parking
- 3 garage · 9 parking (attached)
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stone
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Septic
- Pool
- Inground
- Property tax
- $8,511 / 2026
- Days on market
- 136
- Listing brokerage
- RE/MAX REALTRON REALTY INC.
Rooms
eat-in kitchen · ceramic floor · w/o to pool
ceramic floor · b/i appliances · breakfast bar
hardwood floor · b/i bookcase · crown moulding
broadloom · double closet
5 pc ensuite · walk-in closet(s) · crown moulding
broadloom · double closet
wet bar · pot lights · laminate
gas fireplace · pot lights · built-in speakers
Laminate
hardwood floor · gas fireplace · pot lights
Listed at $2,698,000. Going by how homes in Rural East Gwillimbury and the wider GTA have actually closed against their asking prices (about 96%, 8 local closings in 90 days), the likely sale price is near $2.60M, if it sells. A realistic range is $2.43M to $2.93M.
Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The listing describes about 5,600 sq ft, while the size on record is 2500 to 3000 sq ft.
Longer on the market than typical. 136 days on the market against about 84 for homes like it here, and asking 60% above where comparable closings put it.
Total price vs nearby homes. Likely closing about $2.60M, from 8 recent closings in this pocket.
The market behind the math:
About 3 months of inventory: 8 detached homes for sale in the area against 8 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $981/sqft against an area asking average of $991/sqft.
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 8 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.43M. Condition and finishes remain an in-person call.
What the listing highlights5 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Open-concept layout: modern, sought-after flow. Lifestyle
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
- 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
Priced above comparable homes overall, but the price per square foot ($981/sqft) is in line with the area, so you are paying for extra space rather than a premium.
Based on 8 comparable homes that sold in Rural East Gwillimbury over the past two years, from 73 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 $2.28M, which is where my estimate comes from.
Per square foot, these ask about $800/sqft; this home lists at $981/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 East Gwillimbury: $1.15M in September 2026, down 10% from a year ago, on 306 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. East Gwillimbury as a whole: the neighbourhood alone has too few closings for a line of its own.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.27M | 25 |
| November 2025 | $1.25M | 34 |
| December 2025 | $1.25M | 20 |
| January 2026 | $1.03M | 15 |
| February 2026 | $1.24M | 26 |
| March 2026 | $1.14M | 25 |
| April 2026 | $1.10M | 29 |
| May 2026 | $1.10M | 25 |
| June 2026 | $1.18M | 26 |
| July 2026 | $1.16M | 31 |
| August 2026 | $1.05M | 25 |
| September 2026 | $1.15M | 25 |
Neighbourhood & location
Rural East Gwillimbury, 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
Homes over $1.5M can't be insured, so 20% down or more is required.
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 $2,158,400 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $11,934
- Property tax
- $709
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $12,643
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $53,925
- Estimated closing costs
- $53,925
Plus your down payment of $539,600. 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
- $716,050
- Principal paid down
- $263,717
- Interest paid
- $452,333
- Balance remaining
- $1,894,683
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
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 14 whole-home leases in Rural East Gwillimbury signed at a median of $3,537 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,883. 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 RE/MAX REALTRON REALTY INC.. MLS®/PropTx.