121 Riverglen Drive, Georgina, ON

Keswick South, Georgina · MLS® N13617812

$988,000
For Sale
Listed 58 days agoNo offer date statedSitting longer than typical
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4Bedrooms
3Bathrooms
2Garage · 6 parking
1500-2000Sq ft

About this home

In short

  • Welcome to this beautifully maintained 3+1 bedroom, 3-bathroom side-split home situated on an impressive 60 x 273 ft lot backing onto serene green space with no rear...
  • Designed for both comfort and entertaining, the home features a stunning sun-filled great room with soaring cathedral ceilings, rich hardwood flooring, and a walkout...
  • The spacious primary suite offers peaceful backyard views, generous closet space, and a private 4-piece ensuite.
  • With a separate entrance and interior access to the oversized double-car garage, the lower level offers excellent potential for extended family living.
  • Ideally located within walking distance of schools, parks, restaurants, shopping, marinas, and the shores of Lake Simcoe, this property also offers convenient access...

Welcome to this beautifully maintained 3+1 bedroom, 3-bathroom side-split home situated on an impressive 60 x 273 ft lot backing onto serene green space with no rear neighbours. Designed for both comfort and entertaining, the home features a stunning sun-filled great room with soaring cathedral ceilings, rich hardwood flooring, and a walkout to an elevated deck overlooking the private backyard. The updated kitchen is a chef's delight, showcasing quartz countertops, a matching backsplash, an undermount sink, and stainless steel Samsung appliances. The spacious primary suite offers peaceful backyard views, generous closet space, and a private 4-piece ensuite. The bright walkout lower level provides exceptional additional living space with large windows, a recreation area, a fourth bedroom, and direct access to a backyard patio and fully fenced yard. With a separate entrance and interior access to the oversized double-car garage, the lower level offers excellent potential for extended family living. Ideally located within walking distance of schools, parks, restaurants, shopping, marinas, and the shores of Lake Simcoe, this property also offers convenient access to Highway 404 for an easy commute.

Key facts

Property type
Detached, Sidesplit 3
MLS®
N13617812
Bedrooms
4
Bathrooms
3
Size
1500-2000 sq ft
Lot
60.03 × 223.09 ft
Cross streets
The Queensway S / Riverglen Dr
Parking
2 garage · 6 parking (built-in)
Basement
Finished with Walk-Out, Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Vinyl Siding, Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,326 / 2025
Days on market
58
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

Family RoomLower6.31 × 4.36 m

w/o to yard · w/o to garage · overlooks backyard

Dining RoomMain6.55 × 2.54 m

combined w/living · large window · hardwood floor

BreakfastMain4.42 × 2.59 m

overlooks frontyard · combined w/kitchen · large window

Bedroom 3Upper3.20 × 4.11 m

overlooks frontyard · large window · large closet

FoyerMain1.00 × 1.00 m
Primary BedroomUpper3.81 × 3.73 m

overlooks backyard · 4 pc ensuite · large closet

Bedroom 4Lower3.44 × 2.84 m

large closet · large window · hardwood floor

KitchenMain4.42 × 2.90 m

custom backsplash · stainless steel appl · quartz counter

Utility RoomLower2.35 × 3.66 m
Living RoomMain6.55 × 4.24 m

cathedral ceiling(s) · w/o to deck · overlooks backyard

Bedroom 2Upper3.23 × 3.71 m

overlooks frontyard · large window · large closet

Our TakeTeam Asgarian · Broker
A small discount is typical
$954Klikely sale price

Listed at $988,000. Going by how homes in Keswick South have actually closed against their asking prices (about 97%, 44 local closings in 90 days), the likely sale price is near $954K, if it sells. A realistic range is $894K to $1.07M.

Independent value check: $904K. Without looking at the asking price, our model values the home itself about 8% below the ask (homes like it typically land between $847K and $947K).

Why $904K. The typical detached home sold in Keswick South over the past year went for about $800K (168 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $6,326 a year; the typical home sold here pays about $5,000.
  • ▲ Raises itIts lot is 60 by 223 ft; the typical lot sold here is 50 by 110.

Longer on the market than typical. 58 days on the market against about 34 for homes like it here, and asking 9% above where comparable closings put it.

List price
$894KBelow recent closings$1.07MAbove recent closings

Total price vs nearby homes. Likely closing about $954K, from 44 recent closings in this pocket.

The market behind the math:

44sold nearby · 90 days
$854Kmedian sold price
94%of asking, on average
+3%prices vs a year ago
~24 dayshomes like this take to sell
58days on market so far
$3,348/moest. rent · 75 leases
4.1%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 4.5 months of inventory: 66 detached homes for sale in the area against 44 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 $565/sqft against an area asking average of $549/sqft.

  • Park / green-space backing. The listing says this home backs onto or abuts a park or green space. That privacy is priced into the comparison. What is actually behind the fence, and how the lot sits against it, is my in-person call.
  • Walk-out basement. Extra light, usable space, and income potential, so the estimate is a conservative floor for it.
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 44 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $842K. 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.

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
  • 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
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit

The assigned public school is R.L. Graham 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 ($565/sqft) is in line with the area, so you are paying for extra space rather than a premium.

There were not many closely comparable homes right in Keswick South, so I widened the search to the surrounding area.

Based on 44 comparable homes that sold in Keswick South over the past two years, from 359 closings there.

What sellers nearby are askingCurrently listed nearby in Keswick South · asking prices
$923kavg 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 $904K, which is where my estimate comes from.

Per square foot, these ask about $532/sqft; this home lists at $565/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
988kThis home1.20M1.05M698k790k877kThis 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
$910K
Historic Lakeshore Communities
$912K
Sutton & Jackson's Point
$776K
Baldwin
$862K
Virginia
$919K

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 R.L. Graham PS
60%
R.L. Graham PSPublic · Elementary · JK-8 · 0.2 km awayBelow the GTA average · 60% meet the provincial standard
Also nearby: 4 more schools within 2.5 km
Fairwood Public School · Public elementary0.9 km · 52% at standard
Jersey Public School · Public elementary1.3 km · 57% at standard
W J Watson Public School · Public elementary1.7 km · 50% at standard
Lakeside Public School · Public elementary2.4 km · 64% at standard

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

Affordability & Mortgage

Affordability
$4,503/mo
$192KIncome needed
5.1×Price ÷ income
$1,039Weekly cost
$16,235Land 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.

90%mortgage
Mortgage $4,503Property tax $527Total carry $5,030

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 September 25, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,370per month

Mortgage amount $790,400 · 4.49% over 25 years

$197,600Down payment (20.0%)
$790,400Loan before insurance
$0CMHC premium
$4,897Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,370
Property tax
$527
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,897

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

One-time closing costs

Ontario land transfer tax
$16,235
Estimated closing costs
$16,235

Plus your down payment of $197,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,289/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

$520,677Total interest paid
$1,311,077Total of all payments
Principal $790,400 Interest $520,677
YearPrincipalInterestBalance
1$17,638$34,805$772,762
2$18,439$34,004$754,322
3$19,276$33,167$735,046
4$20,152$32,291$714,894
5$21,067$31,376$693,828
6$22,023$30,420$671,805
7$23,023$29,420$648,782
8$24,068$28,375$624,713
9$25,161$27,282$599,552
10$26,304$26,139$573,248
11$27,498$24,945$545,750
12$28,746$23,697$517,004
13$30,052$22,391$486,952
14$31,416$21,027$455,536
15$32,843$19,601$422,694
16$34,334$18,109$388,360
17$35,893$16,550$352,467
18$37,522$14,921$314,945
19$39,226$13,217$275,719
20$41,007$11,436$234,712
21$42,869$9,574$191,843
22$44,815$7,628$147,028
23$46,850$5,593$100,178
24$48,977$3,466$51,201
25$51,201$1,242$0

At the end of your 5-year term

Total paid over the term
$262,215
Principal paid down
$96,572
Interest paid
$165,643
Balance remaining
$693,828

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 75 whole-home leases in Keswick South$3,348/mo
$40,176Gross annual rent
2.8%Cap rate after taxes and upkeep
$3,085 to $3,734Typical rent range
~27 daysTo find a tenant, on average

About the suite: in Keswick South basements rarely rent out (21 of 238 recent detached leases were basement units), so the figure above does not count it as income. Buyers here use a suite as family or nanny space.

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 75 whole-home leases in Keswick South signed at a median of $3,263 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,348. 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 $6,326− Insurance $1,400− Vacancy & upkeep $4,419Net operating income $28,031

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

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