23233 Miles Road, Georgina, ON
Baldwin, Georgina · MLS® N13659332
About this home
***Riverfront Bungalow with In-Law Suite!*** Welcome to 23233 Miles Road, an exceptional riverfront retreat offering nearly 4,000 sq. ft. of finished living space on approximately 2.6 acres in Georgina. This bright and spacious bungalow features an impressive total of 8 bedrooms, an oversized double-car garage with ample clearance and space to accommodate a car hoist or lift, and a versatile layout designed to suit a variety of lifestyles. The main level offers 4 bedrooms, while the fully finished lower level features 2 additional bedrooms, generous living and entertaining space complete with a wet bar, plus a self-contained 2 bedroom in-law suite. Two dedicated laundry facilities provide added convenience and flexibility for large, extended or multi-generational families. Meticulously maintained inside and out, the property is beautifully landscaped and offers direct access to Black River, ideal for canoeing, kayaking, fishing, camping, entertaining or simply enjoying the peaceful natural surroundings from the privacy of your own backyard. A spacious workshop with hydro (approximately 23' x 35') provides excellent space for additional storage, hobbies, equipment or recreational toys. Enjoy the privacy and tranquility of country living while remaining conveniently close to schools, parks, shopping, restaurants, Lake Simcoe, beaches, marinas and everyday amenities, with easy access to Highway 48 and Highway 404. A truly unique property offering exceptional space, versatility, recreation and an outstanding lifestyle!
Key facts
- Property type
- Detached, Bungalow
- MLS®
- N13659332
- Bedrooms
- 8 (4 + 4)
- Bathrooms
- 5 (1 half)
- Size
- 2000-2500
- Lot
- 150.06 × 702.06 ft
- Cross streets
- Highway 48/Miles Road
- Parking
- 2 garage · 10 parking (attached)
- Driveway
- Private Double
- Basement
- Apartment, Finished with Walk-Out
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Septic
- Property tax
- $8,161 / 2025
- Listing brokerage
- CENTURY 21 LEADING EDGE REALTY INC.
Rooms
Listed at $1,490,000, and my independent estimate is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA.
Total price vs nearby homes. Fair value about $1.48M, median of 12 comparables.
- 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
I take the 12 most comparable recent listings nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single listing.
It’s grounded in comparable active listings. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $1.64M, a bit higher.
What the listing highlights1 point to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Read this with carewhy it’s an estimate, not an appraisal
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
Based on 12 comparable homes nearby.
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest active listings nearby.
See all comparable homesThis home lists 10% below the area average of $736/sqft.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Baldwin, 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) →
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 4.04% via Ratehub.ca (as of August 11, 2026); conventional rates run a little higher.
Mortgage amount $1,192,000 · 4.19% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,394
- Property tax
- $680
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,074
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $26,275
- Estimated closing costs
- $26,275
Plus your down payment of $298,000. 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
- $383,612
- Principal paid down
- $150,910
- Interest paid
- $232,702
- Balance remaining
- $1,041,090
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 CENTURY 21 LEADING EDGE REALTY INC.. MLS®/PropTx.