85 Ferncroft Drive, Georgina, ON

Historic Lakeshore Communities, Georgina · MLS® N13434326

$999,999
For Sale
Listed 102 days agoNo offer date stated
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3Bedrooms
3Bathrooms
3Garage · 7 parking
2000-2500Sq ft

About this home

In short

  • Magnificent, generously proportioned bungalow with a three car garage on quiet street walking distance to the lake.
  • Great room with cathedral ceiling and a gas fireplace.
  • Palatial main floor primary suite with a 5 pc ensuite with a jacuzzi and a walk in closet.
  • Downstairs you will find a large, partially finished basement, which has a great layout, many above grade windows, 2nd gas fireplace, bathroom rough in and lots of...
  • 65 foot wide lot and an impressive footprint and located on a beautiful, quiet cul-de-sac only a few homes from the end of the street.

Live by the Lake! Magnificent, generously proportioned bungalow with a three car garage on quiet street walking distance to the lake! One of only a few homes like this in town, this is an ultra rare, sprawling 2247 sq ft above grade 3 bed, 3 bath floorplan with an ideal split bedroom layout! Step inside and you will find an inviting foyer, gleaming hardwood floors. 9' ceilings. Great room with cathedral ceiling and a gas fireplace. California shutters. Spacious kitchen with upgraded cabinets, large peninsula, stainless steel appliances and walk out to a large, south facing deck. Palatial main floor primary suite with a 5 pc ensuite with a jacuzzi and a walk in closet. Kids/guests have a jack and jill bathroom and huge closets. The formal dining room is big enough to host the whole family. Downstairs you will find a large, partially finished basement, which has a great layout, many above grade windows, 2nd gas fireplace, bathroom rough in and lots of room for your family or hobbies! The heated three car garage offers the ideal man cave or shop and storage for your toys year round. Other features include 200 amp main panel and 40 amp sub panel. Upgraded tall garage doors. Workshop. Cold storage. Beautiful masonry and curb appeal. 65 foot wide lot and an impressive footprint and located on a beautiful, quiet cul-de-sac only a few homes from the end of the street. All of this, only minutes to the lake and all that Keswick has to offer with a short stroll to schools, shopping and amenities. This immaculate home is a nearly impossible to find product that offers both the ultimate downsize or ideal family home that people can raise their family and/or grow old in. This is the very definition of well maintained and pride of ownership! I welcome you to have a look!

Key facts

Property type
Detached, Bungalow
MLS®
N13434326
Bedrooms
3
Bathrooms
3 (1 half)
Size
2000-2500 sq ft
Lot
65.62 × 106.63 ft
Cross streets
Metro Rd N / Ferncroft Dr
Parking
3 garage · 7 parking (attached)
Driveway
Private Triple
Basement
Partially Finished, Full
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Poured Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$7,248 / 2025
Days on market
102
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

RecreationBasement13.50 × 4.10 m

concrete floor · open concept · gas fireplace

Utility RoomBasement8.01 × 7.04 m

concrete floor · l-shaped room

BreakfastMain3.69 × 2.16 m

tile floor · breakfast bar · w/o to deck

Dining RoomMain4.72 × 3.62 m

hardwood floor · formal rm · california shutters

Great RoomMain5.57 × 4.66 m

hardwood floor · cathedral ceiling(s) · gas fireplace

WorkshopBasement10.21 × 5.51 m

l-shaped room · separate room · above grade window

Bedroom 2Main4.78 × 3.35 m

broadloom · double closet · semi ensuite

KitchenMain4.45 × 3.07 m

tile floor · stainless steel appl · open concept

Primary BedroomMain5.73 × 3.71 m

broadloom · walk-in closet(s) · 5 pc ensuite

Exercise RoomBasement13.50 × 3.69 m

concrete floor · combined w/rec · window

Bedroom 3Main3.81 × 3.71 m

broadloom · double closet · semi ensuite

Our TakeTeam Asgarian · Broker
A small discount is typical
$966Klikely sale price

Listed at $999,999. Going by how homes in Historic Lakeshore Communities and the wider GTA have actually closed against their asking prices (about 97%, 18 local closings in 90 days), the likely sale price is near $966K, if it sells. A realistic range is $905K to $1.09M.

Independent value check: $995K. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $933K and $1.04M).

Why $995K. The typical detached home sold in Historic Lakeshore Communities over the past year went for about $780K (60 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $7,248 a year; the typical home sold here pays about $4,800.
  • ▲ Raises itIt is 2,000 to 2,500 sq ft; the typical home sold here is 1,100 to 1,500.
  • ▲ Raises it3 bedrooms and 3 baths, against 3+1 and 2 typically.
List price
$905KBelow recent closings$1.09MAbove recent closings

Total price vs nearby homes. Likely closing about $966K, from 18 recent closings in this pocket.

The market behind the math:

18sold nearby · 90 days
$873Kmedian sold price
94%of asking, on average
+4%prices vs a year ago
~35 dayshomes like this take to sell
102days on market so far
$3,421/moest. rent · 21 leases
4.1%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.8 months of inventory: 5 detached homes for sale in the area against 18 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $444/sqft against an area asking average of $493/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 18 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $953K. 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
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit

The assigned public school is Lakeside PS. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Based on 18 comparable homes that sold in Historic Lakeshore Communities over the past two years, from 134 closings there.

What sellers nearby are askingCurrently listed nearby in Historic Lakeshore Communities · asking prices
$1.02Mavg asking

Nothing 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 $995K, which is where my estimate comes from.

Per square foot, these ask about $493/sqft; this home lists at $444/sqft. Size is part of the price story, not just the sticker.

The 5 closest active listings nearby.

See all comparable homes
1000kThis home860k1.30M898k699k1.32MThis home vs active comparables

Neighbourhood & location

Historic Lakeshore Communities, Georgina, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Keswick North
$995K
Keswick South
$827K
Sutton & Jackson's Point
$776K
Baldwin
$1.05M
Virginia
$609K

Typical asking price of active listings of the same type, per area (outliers removed). Georgina.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Lakeside PS
64%
Lakeside PSPublic · Elementary · JK-8 · 1.2 km awayBelow the GTA average · 64% meet the provincial standard
Also nearby: 1 more schools within 2.5 km
W J Watson Public School · Public elementary2.0 km · 50% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$4,558/mo
$197KIncome needed
5.1×Price ÷ income
$1,052Weekly cost
$16,475Land transfer tax, one-time (Ontario)
20% down4.79%25-yr amortization

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.

88%mortgage
Mortgage $4,558Property tax $604Total carry $5,162

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

$
20.0%
$
%
4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,379per month

Mortgage amount $799,999 · 4.39% over 25 years

$200,000Down payment (20.0%)
$799,999Loan before insurance
$0CMHC premium
$4,983Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,379
Property tax
$604
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,983

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$16,475
Estimated closing costs
$16,475

Plus your down payment of $200,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$5,305/monthPayment at the qualifying rate

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

$513,698Total interest paid
$1,313,697Total of all payments
Principal $799,999 Interest $513,698
YearPrincipalInterestBalance
1$18,103$34,445$781,896
2$18,906$33,641$762,990
3$19,746$32,802$743,244
4$20,622$31,926$722,622
5$21,537$31,011$701,085
6$22,493$30,055$678,592
7$23,491$29,057$655,101
8$24,534$28,014$630,567
9$25,623$26,925$604,944
10$26,760$25,788$578,185
11$27,948$24,600$550,237
12$29,188$23,360$521,049
13$30,483$22,065$490,566
14$31,836$20,712$458,730
15$33,249$19,299$425,480
16$34,725$17,823$390,756
17$36,266$16,282$354,490
18$37,876$14,672$316,614
19$39,556$12,991$277,058
20$41,312$11,236$235,746
21$43,146$9,402$192,600
22$45,060$7,487$147,540
23$47,060$5,488$100,479
24$49,149$3,399$51,330
25$51,330$1,218$0

At the end of your 5-year term

Total paid over the term
$262,739
Principal paid down
$98,914
Interest paid
$163,825
Balance remaining
$701,085

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.

Let's connect

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

Rental yield
From 21 whole-home leases in Historic Lakeshore Communities$3,421/mo
$41,052Gross annual rent
2.8%Cap rate after taxes and upkeep
$3,098 to $3,622Typical rent range
~26 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 21 whole-home leases in Historic Lakeshore Communities signed at a median of $2,374 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,421. 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.

4.1%
Gross yield
− Property tax $7,248− Insurance $1,400− Vacancy & upkeep $4,516Net operating income $27,888

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY. MLS®/PropTx.

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