38 Marlene Johnston Drive, East Gwillimbury, ON
Holland Landing, East Gwillimbury · MLS® N13618564
About this home
* Welcome To An Extraordinary Residence In The Prestigious Hillsborough Community Of Holland Landing * Ideally Situated Near Yonge Street & Green Lane, and Backing Onto A Premium Pond & Ravine Lot That Offers A Rare Sense Of Tranquility, Privacy, and Natural Beauty * Meticulously Maintained * The Home Features Soaring 10-Foot Ceilings On The Main Floor & 9 Foot Ceilings On The Second Level * Complemented By Smooth Ceilings, 8-Foot Doors, Rich Hardwood Flooring, Elegant Wainscoting, and Pot Lights Throughout * The Thoughtfully Designed Open-Concept Layout Is Perfect For Both Everyday Living and Entertaining * At The Heart Of The Home Is A Chef-Inspired Kitchen * Complete With Premium Frigidaire Professional Stainless Steel Appliances, A Large Centre Island, Ample Cabinetry, and Upgraded Quartz Countertops * Walk Out From The Kitchen To The Deck and Take In The Peaceful Pond Views - An Ideal Setting For Morning Coffee Or Evening Relaxation * The Main Floor Also Includes A Private Office With Hunter Douglas Shades, While Custom Sheers and Curtains Throughout The Home Add A Refined Touch Of Elegance * The Walkout Basement, Featuring A Separate Entrance From The Mudroom, Offers Endless Potential For Additional Living Space, An In-Law Suite, or Future Income Opportunities * Conveniently Located Just Minutes From Top-Rated Schools, Parks, Grocery Stores, The East Gwillimbury GO Station, Upper Canada Mall, Southlake Regional Health Centre, and Highways 404 & 400 * This Remarkable Home Delivers An Unbeatable Combination Of Location and Lifestyle For Modern Family Living **Over $100,000 In Upgrades**
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13618564
- Bedrooms
- 4+1 (5 total)
- Bathrooms
- 4 (1 half)
- Size
- 2500-3000 sq ft
- Lot
- 36.94 × 96.1 ft
- Cross streets
- Yonge/Green Lane
- Parking
- 2 garage · 4 parking (attached)
- Driveway
- Private Double
- Basement
- Separate Entrance, Unfinished, Walk-Out
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $6,350 / 2026
- Days on market
- 82
- Listing brokerage
- TRADEWORLD REALTY INC
Rooms
hardwood floor · double closet · semi ensuite
hardwood floor · large window · gas fireplace
hardwood floor · double closet · 4 pc ensuite
tile floor · centre island · stainless steel appl
hardwood floor · walk-in closet(s) · 5 pc ensuite
hardwood floor · large window · pot lights
hardwood floor · large window · pot lights
tile floor · w/o to deck · pot lights
Tile Floor
hardwood floor · walk-in closet(s) · semi ensuite
No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.
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Holland Landing, East Gwillimbury, ON
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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 October 20, 2026); conventional rates run a little higher.
Mortgage amount $1,088,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,016
- Property tax
- $529
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,545
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $23,675
- Estimated closing costs
- $23,675
Plus your down payment of $272,000. 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
- $360,944
- Principal paid down
- $132,934
- Interest paid
- $228,011
- Balance remaining
- $955,066
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
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of TRADEWORLD REALTY INC. MLS®/PropTx.