8 Shangri-La Lane, Georgina, ON

Keswick South, Georgina · MLS® N13524222

$2,688,000
For Sale
Listed 106 days agoNo offer date statedSitting longer than typical
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4+1Bedrooms
6Bathrooms
2Garage · 7 parking
3500-5000Sq ft

About this home

In short

  • Luxurious Estate Lakefront Living In A Gated Enclave.
  • Spectacular Western Sunsets From The 80 Ft Newly Finishing Permanent Dock.
  • Spacious Open Concept Custom Home Featuring Soaring Ceilings, Open Staircase, Stainless Steel Railings, Stone Fireplace Wall In Great Room, Hardwood Floors, New...

Luxurious Estate Lakefront Living In A Gated Enclave. Spectacular Western Sunsets From The 80 Ft Newly Finishing Permanent Dock. Spacious Open Concept Custom Home Featuring Soaring Ceilings, Open Staircase, Stainless Steel Railings, Stone Fireplace Wall In Great Room, Hardwood Floors, New Permanent Dock. Great Fishing From The Dock, Gaze At The Stars While Enjoying The Hot Tub. Year Round Activities. Minutes To Hwy #404. 4351 Sq Ft + Loft.

Key facts

Property type
Detached, 2-Storey
MLS®
N13524222
Bedrooms
4+1 (5 total)
Bathrooms
6 (2 half)
Size
3500-5000 sq ft
Lot
79.69 × 224.29 ft
Cross streets
Shirlea & Lake Drive South
Parking
2 garage · 7 parking (attached)
Driveway
Private
Basement
Partially Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$14,427 / 2025
Days on market
106
Listing brokerage
BEST UNION REALTY INC.

Rooms

Bedroom 4Second3.79 × 3.57 m

4 pc ensuite · picture window

LibraryMain4.84 × 4.29 m

coffered ceiling(s) · b/i bookcase · fireplace

FoyerMain4.80 × 4.30 m

double closet · 2 pc bath · w/o to garage

Primary BedroomMain4.60 × 4.03 m

hardwood floor · 4 pc ensuite · large closet

Primary BedroomMain5.62 × 4.60 m

fireplace · 5 pc ensuite · his and hers closets

Media RoomSecond4.59 × 4.20 m

sunken room · picture window · built-in speakers

Bedroom 3Second3.79 × 3.93 m

4 pc ensuite · picture window

KitchenMain4.90 × 3.44 m

breakfast bar · b/i appliances · pantry

Great RoomMain6.41 × 6.19 m

vaulted ceiling(s) · fireplace · combined w/dining

OfficeSecond4.02 × 4.02 m

open concept · open stairs · overlook water

LoftSecond7.11 × 3.87 m

breezeway · built-in speakers · overlook water

Dining RoomMain6.41 × 6.19 m

hardwood floor · w/o to sundeck · combined w/great rm

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read
What sellers nearby are askingCurrently listed nearby in Keswick South · asking prices
$1.33Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.

Per square foot, these ask about $332/sqft; this home lists at $632/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
2.69MThis home1.50M1.14M1.40M1.33M1.28MThis home vs active comparables

Neighbourhood & location

Keswick South, 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
$960K
Historic Lakeshore Communities
$1.04M
Sutton & Jackson's Point
$707K
Virginia
$683K
Pefferlaw
$808K

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

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

Affordability & Mortgage

Affordability
$12,251/mo
$508KIncome needed
5.3×Price ÷ income
$2,827Weekly cost
$53,675Land 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.

91%mortgage
Mortgage $12,251Property tax $1,202Total carry $13,453

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

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)
$11,890per month

Mortgage amount $2,150,400 · 4.49% over 25 years

$537,600Down payment (20.0%)
$2,150,400Loan before insurance
$0CMHC premium
$13,092Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$11,890
Property tax
$1,202
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$13,092

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

One-time closing costs

Ontario land transfer tax
$53,675
Estimated closing costs
$53,675

Plus your down payment of $537,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$14,391/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

$1,416,579Total interest paid
$3,566,979Total of all payments
Principal $2,150,400 Interest $1,416,579
YearPrincipalInterestBalance
1$47,988$94,691$2,102,412
2$50,167$92,513$2,052,246
3$52,444$90,235$1,999,801
4$54,826$87,854$1,944,976
5$57,315$85,364$1,887,661
6$59,917$82,762$1,827,744
7$62,638$80,042$1,765,106
8$65,482$77,198$1,699,624
9$68,455$74,224$1,631,170
10$71,563$71,116$1,559,607
11$74,812$67,867$1,484,794
12$78,209$64,470$1,406,585
13$81,760$60,919$1,324,826
14$85,472$57,207$1,239,353
15$89,353$53,326$1,150,000
16$93,410$49,269$1,056,591
17$97,651$45,028$958,939
18$102,085$40,594$856,855
19$106,720$35,959$750,135
20$111,565$31,114$638,569
21$116,631$26,048$521,938
22$121,926$20,753$400,012
23$127,462$15,217$272,549
24$133,250$9,429$139,300
25$139,300$3,379$0

At the end of your 5-year term

Total paid over the term
$713,396
Principal paid down
$262,739
Interest paid
$450,657
Balance remaining
$1,887,661

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
Estimate$7,350/mo
$88,200Gross annual rent
2.3%Cap rate after taxes and upkeep

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

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

3.3%
Gross yield
− Property tax $14,427− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $62,671

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

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