62 Frank Kelly Drive, East Gwillimbury, ON

Holland Landing, East Gwillimbury · MLS® N13447880

$1,338,800
For Sale
Listed 126 days agoNo offer date statedSitting longer than typical
4Bedrooms
4Bathrooms
2Garage · 6 parking
3000-3500Sq ft

About this home

In short

  • Backing Onto Ravine hill.
  • Well maintain like brand-new home over 3200 sf, 4 Bdrm/3 Full Ensuite.
  • In Award Winning Hillsborough By Top Rated Builder-Andrin Homes, perfectly situated at the top of Yonge St on a premium lot with a private backyard overlooking a...
  • Circular staircase, Main Floor with 9'Smooth Ceiling, upgraded lights and motorized zebra blinds.
  • 2nd Flr Loft walk to Balcony.

Backing Onto Ravine hill. Well maintain like brand-new home over 3200 sf, 4 Bdrm/3 Full Ensuite. In Award Winning Hillsborough By Top Rated Builder-Andrin Homes, perfectly situated at the top of Yonge St on a premium lot with a private backyard overlooking a green hill. Circular staircase, Main Floor with 9'Smooth Ceiling, upgraded lights and motorized zebra blinds. Modern Kitchen Offers Extended Cabinets, featuring quartz countertops, stainless steel appliances, Backsplash, Pantry & Porcelain Flooring, a separate oversize breakfast area. A dedicated main-floor office provides the perfect space for remote work or a private home office. 2nd Flr Loft walk to Balcony! Ideally located near highways 404/400, GO Station, Upper Canada Mall, Costco, Walmart, cinemas, conservation areas, and top-tier amenities. Just Move In And Enjoy. Priced For A Quick Sale.

Key facts

Property type
Detached, 2-Storey
MLS®
N13447880
Bedrooms
4
Bathrooms
4 (1 half)
Size
3000-3500 sq ft
Lot
40.23 × 100.19 ft
Cross streets
Yonge/Green Ln E
Parking
2 garage · 6 parking (built-in)
Driveway
Private
Basement
Full, Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,532 / 2026
Days on market
126
Listing brokerage
HOMELIFE LANDMARK REALTY INC.

Rooms

LoftSecond4.08 × 4.02 m

open concept · w/o to balcony

Bedroom 3Second3.96 × 3.66 m

4 pc ensuite · walk-in closet(s) · large window

Primary BedroomSecond5.49 × 3.84 m

5 pc ensuite · bow window · walk-in closet(s)

BreakfastMain3.92 × 3.33 m

ceramic floor · w/o to yard · overlook greenbelt

Bedroom 4Second3.35 × 3.23 m

4 pc ensuite · walk-in closet(s) · large window

Family RoomMain5.79 × 4.27 m

bow window · fireplace · overlooks ravine

LibraryMain3.05 × 3.05 m

large window · laminate

Living RoomMain4.05 × 3.66 m

combined w/dining · large window

Bedroom 2Second3.57 × 3.66 m

4 pc ensuite · large window · large closet

Dining RoomMain4.27 × 3.66 m

combined w/living · large window

KitchenMain3.69 × 3.11 m

granite counters · stainless steel appl · centre island

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.30Mlikely sale price

Listed at $1,338,800. 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 $1.30M, if it sells. A realistic range is $1.22M to $1.47M.

Independent value check: $1.22M. Without looking at the asking price, our model values the home itself about 9% below the ask (homes like it typically land between $1.14M and $1.28M).

Why $1.22M. The typical detached home sold in Holland Landing over the past year went for about $1.15M (111 sales). What sets this one apart:

  • ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $6,532 a year; the typical home sold here pays about $5,400.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▲ Raises itIt is 3,000 to 3,500 sq ft; the typical home sold here is 2,000 to 2,500.
  • ▼ Lowers it slightlyIts lot is 40 by 100 ft; the typical lot sold here is 52 by 131.

Longer on the market than typical. 126 days on the market against about 39 for homes like it here, and asking 10% above where comparable closings put it.

List price
$1.22MBelow recent closings$1.47MAbove recent closings

Total price vs nearby homes. Likely closing about $1.30M, from 29 recent closings in this pocket.

The market behind the math:

29sold nearby · 90 days
$1.15Mmedian sold price
97%of asking, on average
−7%prices vs a year ago
~22 dayshomes like this take to sell
126days on market so far
$3,694/moest. rent · 82 leases
3.3%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3.1 months of inventory: 30 detached homes for sale in the area against 29 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 $412/sqft against an area asking average of $470/sqft.

  • Ravine / green setting. This home is described as backing onto a ravine or green setting. The ravine backing is priced into the comparison. How much it is really worth depends on whether the house sits on table land with the slope well behind it, or drops away right behind it, and that part is my 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 $1.36M. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($412/sqft) is below the area, so you are paying for extra space rather than a premium.

Based on 29 comparable homes that sold in Holland Landing over the past two years, from 236 closings there.

Sold 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.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$1.27M9
November 2025$1.25M17
December 2025$1.16M10
February 2026$1.13M9
March 2026$1.24M9
April 2026$938K6
May 2026$1.13M8
June 2026$1.12M9
July 2026$1.22M13
August 2026$1.12M12
September 2026$1.15M11

Neighbourhood & location

Holland Landing, East Gwillimbury, 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.

Sharon
$1.55M
Queensville
$1.35M
Rural East Gwillimbury
$2.19M
Mt Albert
$1.10M

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

Affordability
$6,102/mo
$253KIncome needed
5.3×Price ÷ income
$1,408Weekly cost
$23,251Land 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.

92%mortgage
Mortgage $6,102Property tax $544Total carry $6,646

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,922per month

Mortgage amount $1,071,040 · 4.49% over 25 years

$267,760Down payment (20.0%)
$1,071,040Loan before insurance
$0CMHC premium
$6,466Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,922
Property tax
$544
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,466

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

One-time closing costs

Ontario land transfer tax
$23,251
Estimated closing costs
$23,251

Plus your down payment of $267,760. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$7,168/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

$705,549Total interest paid
$1,776,589Total of all payments
Principal $1,071,040 Interest $705,549
YearPrincipalInterestBalance
1$23,901$47,163$1,047,139
2$24,986$46,077$1,022,153
3$26,121$44,943$996,032
4$27,307$43,757$968,725
5$28,547$42,517$940,179
6$29,843$41,221$910,336
7$31,198$39,866$879,138
8$32,614$38,449$846,524
9$34,095$36,969$812,429
10$35,643$35,421$776,786
11$37,261$33,802$739,525
12$38,953$32,110$700,572
13$40,722$30,342$659,850
14$42,571$28,493$617,279
15$44,504$26,560$572,776
16$46,524$24,539$526,251
17$48,637$22,427$477,615
18$50,845$20,219$426,770
19$53,154$17,910$373,616
20$55,567$15,497$318,049
21$58,090$12,974$259,959
22$60,727$10,336$199,232
23$63,485$7,579$135,747
24$66,367$4,696$69,380
25$69,380$1,683$0

At the end of your 5-year term

Total paid over the term
$355,318
Principal paid down
$130,861
Interest paid
$224,457
Balance remaining
$940,179

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 82 whole-home leases in Holland Landing$3,694/mo
$44,328Gross annual rent
2.4%Cap rate after taxes and upkeep
$3,488 to $3,880Typical rent range
~19 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 82 whole-home leases in Holland Landing signed at a median of $3,500 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,694. 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.

3.3%
Gross yield
− Property tax $6,532− Insurance $1,400− Vacancy & upkeep $4,876Net operating income $31,520

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

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