288 Irene Drive, Georgina, ON
Keswick South, Georgina · MLS® N13659336
About this home
Exceptional Value Near the Lake! Beautifully upgraded detached bungalow situated on a premium 60' x 125' lot, just steps from the lake, beach, parks and boat launch. This move-in-ready home offers 3+2 bedrooms, 3 bathrooms and a double-car garage with direct interior access. The bright main level features wood flooring throughout with no carpet, plus an updated kitchen with upgraded stainless steel appliances, slate flooring and a convenient breakfast bar. The finished walkout basement includes 2 bedrooms, a second kitchen and separate laundry, offering excellent potential for extended family or an in-law suite. Enjoy outdoor living on the multi-level deck overlooking the private backyard. Located minutes from Highway 404, schools, shopping, restaurants, recreation and everyday amenities. A wonderful combination of lifestyle, comfort and future potential at an attractive price!
Key facts
- Property type
- Detached, Bungalow
- MLS®
- N13659336
- Bedrooms
- 5 (3 + 2)
- Bathrooms
- 3
- Size
- 1100-1500
- Lot
- 60 × 125 ft
- Cross streets
- Queensway/Irene
- Parking
- 2 garage · 8 parking (attached)
- Driveway
- Private
- Basement
- Apartment, Finished with Walk-Out
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Vinyl Siding
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $5,132 / 2025
- Listing brokerage
- ROYAL LEPAGE CERTIFIED REALTY
Rooms
updated · combined w/living · open concept
updated · slate flooring · open concept
updated · window · laminate
updated · combined w/dining · open concept
updated · laminate
updated · ceramic backsplash · ceramic floor
updated · 3 pc ensuite · hardwood floor
updated · laminate
updated · w/o to yard · laminate
updated · w/o to deck · hardwood floor
Listed at $799,900, and my independent estimate is about 17% above what comparable homes suggest.
In Keswick South lately, sellers get about 97% of asking; homes sell in ~29 days.
Total price vs nearby homes. Fair value about $686K, median of 26 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 26 most comparable recent sales 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 sale.
It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $836K, a bit higher.
What the listing highlights2 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Walk-out basement: natural light and strong in-law or income potential. Income potential
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($615/sqft) is below 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 26 comparable homes that recently sold nearby.
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 4 closest active listings nearby.
See all comparable homesThis home lists 14% below the area average of $715/sqft.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Keswick South, 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 $639,920 · 4.19% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,432
- Property tax
- $428
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $3,860
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $12,473
- Estimated closing costs
- $12,473
Plus your down payment of $159,980. 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
- $205,941
- Principal paid down
- $81,015
- Interest paid
- $124,925
- Balance remaining
- $558,905
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 ROYAL LEPAGE CERTIFIED REALTY. MLS®/PropTx.