3016 Cole Road, East Gwillimbury, ON

Rural East Gwillimbury, East Gwillimbury · MLS® N13652472

$1,790,000
For Sale
Listed 73 days agoNo offer date stated
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3Bedrooms
3Bathrooms
6Garage · 16 parking
2000-2500Sq ft

About this home

In short

  • Approximately 22 acres on Cole Rd, set up for horses, hobby farming, or anyone who needs room for equipment.
  • The renovated 3-bedroom home has a stone exterior, a wrap-around covered porch, an eat-in kitchen sized for family meals, and a large family room.
  • A 3-season sunroom off the main living area looks out over the pond - a quiet spot in the mornings and again at the end of the day.
  • The barn measures 50 x 24 ft with a full 50 x 24 ft mezzanine above, and includes 4 stalls, a heated tack room, and a hayloft.
  • Two detached outbuildings serve the rest of the property: a 44 x 27 ft main garage with three oversized doors and workshop space, and a 35 x 25 ft rear garage/shop...

Approximately 22 acres on Cole Rd, set up for horses, hobby farming, or anyone who needs room for equipment. The renovated 3-bedroom home has a stone exterior, a wrap-around covered porch, an eat-in kitchen sized for family meals, and a large family room. A 3-season sunroom off the main living area looks out over the pond - a quiet spot in the mornings and again at the end of the day.The barn measures 50 x 24 ft with a full 50 x 24 ft mezzanine above, and includes 4 stalls, a heated tack room, and a hayloft. Six paddocks are already fenced. Two detached outbuildings serve the rest of the property: a 44 x 27 ft main garage with three oversized doors and workshop space, and a 35 x 25 ft rear garage/shop, also with three doors. Both suit contractors, landscapers, or anyone running a business from home. Two dog kennels round out the outbuildings.Dual driveways make trailer and equipment access straightforward and give guests somewhere to park. The land is largely usable and well landscaped near the house, with good privacy throughout - all within a short drive of town amenities.

Key facts

Property type
Detached, 2-Storey
MLS®
N13652472
Bedrooms
3
Bathrooms
3 (1 half)
Size
2000-2500 sq ft
Lot
810 × 1272 ft
Cross streets
Warden Ave & Cole Rd
Parking
6 garage · 16 parking (detached)
Basement
Finished
Heating
Heat Pump
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Septic
Property tax
$6,841 / 2025
Days on market
73
Listing brokerage
RIGHT AT HOME REALTY
Our TakeTeam Asgarian · Broker
No automatic estimate

This is a rare parcel: about 23.65 acres. Comparable-sales math works on size and bedrooms, and here the lot is what is being sold, so no automatic estimate is shown.

Considering this property? Request a written price read
What sellers nearby are askingCurrently listed nearby · asking prices
$1.28Mavg 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 $1.73M, which is where my estimate comes from.

Per square foot, these ask about $514/sqft; this home lists at $796/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
1.79MThis home1.30M1.09M1.48M1.26MThis home vs active comparables

Sold price trend

Median sold price for detached homes in East Gwillimbury: $1.15M in September 2026, down 10% from a year ago, on 306 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. East Gwillimbury as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$1.27M25
November 2025$1.25M34
December 2025$1.25M20
January 2026$1.03M15
February 2026$1.24M26
March 2026$1.14M25
April 2026$1.10M29
May 2026$1.10M25
June 2026$1.18M26
July 2026$1.16M31
August 2026$1.05M25
September 2026$1.15M25

Neighbourhood & location

Rural East Gwillimbury, 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.

Queensville
$1.35M
Mt Albert
$1.10M
Sharon
$1.55M
Holland Landing
$1.20M

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
$8,158/mo
$331KIncome needed
5.4×Price ÷ income
$1,883Weekly cost
$32,275Land 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.

93%mortgage
Mortgage $8,158Property tax $570Total carry $8,728

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)
$7,918per month

Mortgage amount $1,432,000 · 4.49% over 25 years

$358,000Down payment (20.0%)
$1,432,000Loan before insurance
$0CMHC premium
$8,488Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,918
Property tax
$570
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,488

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

One-time closing costs

Ontario land transfer tax
$32,275
Estimated closing costs
$32,275

Plus your down payment of $358,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$9,583/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

$943,332Total interest paid
$2,375,332Total of all payments
Principal $1,432,000 Interest $943,332
YearPrincipalInterestBalance
1$31,956$63,057$1,400,044
2$33,407$61,606$1,366,637
3$34,924$60,089$1,331,713
4$36,510$58,504$1,295,203
5$38,167$56,846$1,257,036
6$39,900$55,113$1,217,136
7$41,712$53,301$1,175,424
8$43,606$51,408$1,131,818
9$45,586$49,428$1,086,233
10$47,655$47,358$1,038,577
11$49,819$45,194$988,758
12$52,081$42,932$936,677
13$54,446$40,567$882,231
14$56,918$38,095$825,313
15$59,502$35,511$765,811
16$62,204$32,810$703,608
17$65,028$29,985$638,579
18$67,981$27,033$570,599
19$71,067$23,946$499,532
20$74,294$20,719$425,238
21$77,667$17,346$347,571
22$81,194$13,820$266,377
23$84,880$10,133$181,497
24$88,734$6,279$92,763
25$92,763$2,250$0

At the end of your 5-year term

Total paid over the term
$475,066
Principal paid down
$174,964
Interest paid
$300,102
Balance remaining
$1,257,036

Talk to Team Asgarian about your options

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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 13 whole-home leases in Rural East Gwillimbury$3,310/mo
$39,720Gross annual rent
1.5%Cap rate after taxes and upkeep
$3,145 to $3,533Typical rent range
~29 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 13 whole-home leases in Rural East Gwillimbury signed at a median of $3,509 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,310. 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.

2.2%
Gross yield
− Property tax $6,841− Insurance $1,400− Vacancy & upkeep $4,369Net operating income $27,110

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

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