340 Walter Drive, Georgina, ON
Keswick South, Georgina · MLS® N13505488
About this home
In short
- Stunning All-Brick Bungalow With an Impressive Heated and Insulated Detached Garage/Workshop, Ideally Located Just Steps From the Southern Shores of Beautiful Lake...
- Set on an Expansive 62.5 Ft. x 192 Ft.
- Municipally Serviced & Pool-Size Property.
- Thoughtfully Designed For Everyday Living and Entertaining, The Open-Concept Interior Showcases Gorgeous Hardwood Flooring, Elegant Crown Moulding, LED Pot Lights...
- Located Close to Marinas, Boat Launches, Parks, Schools, Shopping, and Highway 404.
Stunning All-Brick Bungalow With an Impressive Heated and Insulated Detached Garage/Workshop, Ideally Located Just Steps From the Southern Shores of Beautiful Lake Simcoe in Sought-After South Keswick. Set on an Expansive 62.5 Ft. x 192 Ft. Municipally Serviced & Pool-Size Property. This Sun-Filled Home Combines Comfort, Character, and Exceptional Functionality. Thoughtfully Designed For Everyday Living and Entertaining, The Open-Concept Interior Showcases Gorgeous Hardwood Flooring, Elegant Crown Moulding, LED Pot Lights, and Spacious Principal Rooms Filled With Natural Light. The Inviting Living And Dining Rooms Flow Seamlessly Into The Delightful Kitchen Also Featuring A Dedicated Barista Station, New Undermount Sink and Faucet, Ample Cabinetry And Convenient Walk-Out Access to the Patio and Fully Fenced Backyard, Perfect for Summer Gatherings And Outdoor Enjoyment. French Doors Open Into A Versatile Bonus Family Room Ideal For a Home Office, Playroom, Media Lounge, Fitness Area, or Additional Living Space. The Oversized Laundry Room Offers Excellent Storage and Direct Backyard Access For Added Convenience. Well Maintained & Pleasantly Updated, This Home Features Forced Air Gas Heating, Upgraded Plumbing, A Fully Spray-Foam Insulated Attic, Vapour Barrier In Crawl Space, Covered Front Entry, New Front Bay Window and Newer Washer and Dryer. The Detached Workshop Is a Rare Feature Complete With 10 Ft. Ceilings, Heating, Insulation, Water Hookup, and Drive-Through Access From the Driveway Into the Backyard, Ideal for Contractors, Automotive Enthusiasts, Recreational Storage, or Creative Workspace Needs. Located Close to Marinas, Boat Launches, Parks, Schools, Shopping, and Highway 404. This Remarkable Property Delivers An Outstanding Opportunity to Enjoy Relaxed Lakeside Living With Everyday Amenities & Conveniences Nearby!
Key facts
- Property type
- Detached, Bungalow
- MLS®
- N13505488
- Bedrooms
- 3
- Bathrooms
- 1
- Size
- 1100-1500 sq ft
- Lot
- 62.5 × 192.09 ft
- Cross streets
- Lake Drive S to Walter Drive
- Parking
- 2 garage · 10 parking (detached)
- Driveway
- Private
- Basement
- Crawl Space
- Heating
- Forced Air
- A/C
- Window Unit(s)
- Exterior
- Brick
- Foundation
- Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $4,384 / 2025
- Days on market
- 87
- Listing brokerage
- RE/MAX ALL-STARS REALTY INC.
Rooms
ceramic floor · w/o to deck · open concept
laminate · window · closet
tile floor · walk-out · overlooks backyard
laminate · window · closet
hardwood floor · large window · open concept
laminate · window · closet
hardwood floor · large window · open concept
hardwood floor · french doors · large window
Listed at $749,900. Going by how homes in Keswick South have actually closed against their asking prices (about 97%, 43 local closings in 90 days), the likely sale price is near $724K, if it sells. A realistic range is $678K to $815K.
Independent value check: $665K. Without looking at the asking price, our model values the home itself about 11% below the ask (homes like it typically land between $624K and $697K).
Why $665K. The typical detached home sold in Keswick South over the past year went for about $800K (168 sales). What sets this one apart:
- ▼ Lowers it strongly3 bedrooms and 1 baths, against 3+1 and 3 typically.
- ▼ Lowers itIt is 1,100 to 1,500 sq ft; the typical home sold here is 1,500 to 2,000.
- ▼ Lowers itIts tax bill, which follows the city's own assessment, is $4,384 a year; the typical home sold here pays about $5,000.
- ▲ Raises it2 garage and 10 total parking spaces, against 2 and 5 typically.
Longer on the market than typical. 87 days on the market against about 35 for homes like it here, and asking 13% above where comparable closings put it.
Total price vs nearby homes. Likely closing about $724K, from 43 recent closings in this pocket.
The market behind the math:
About 0.5 months of inventory: 7 detached homes for sale in the area against 43 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $577/sqft against an area asking average of $652/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 43 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $640K. 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.
- 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
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit
The assigned public school is Lake Simcoe PS. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($577/sqft) is below the area, so you are paying for extra space rather than a premium.
Based on 43 comparable homes that sold in Keswick South over the past two years, from 358 closings there.
The closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $653/sqft; this home lists at $577/sqft. Size is part of the price story, not just the sticker.
The 5 closest active listings nearby.
See all comparable homesNeighbourhood & location
Keswick South, Georgina, 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). Georgina.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Also nearby: 1 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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 September 25, 2026); conventional rates run a little higher.
Mortgage amount $599,920 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,317
- Property tax
- $365
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $3,682
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $11,473
- Estimated closing costs
- $11,473
Plus your down payment of $149,980. 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
- $199,024
- Principal paid down
- $73,299
- Interest paid
- $125,724
- Balance remaining
- $526,621
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 51 whole-home leases in Keswick South signed at a median of $2,828 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,630. 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 ALL-STARS REALTY INC.. MLS®/PropTx.