815 Paradise Drive, Georgina, ON

Historic Lakeshore Communities, Georgina · MLS® N13665512

$427,999
For Sale
Listed 44 days agoNo offer date stated
3Bedrooms
1Bathrooms
6Parking
700-1100Sq ft

About this home

In short

  • Welcome To Your Own Piece Of Paradise On Paradise Drive.
  • Set On A Large Lot Just A Short Walk To The Shores Of Lake Simcoe, This 3-Bedroom Home With Sunroom Offers A Rare Opportunity To Create The Lifestyle You Have Been...
  • Ideally Located Close To Beaches, Playgrounds, Picnic Areas, Local Shops, Restaurants, Schools, Marinas, Golf, And Everyday Amenities In Keswick And Sutton, With Easy...

Welcome To Your Own Piece Of Paradise On Paradise Drive. Set On A Large Lot Just A Short Walk To The Shores Of Lake Simcoe, This 3-Bedroom Home With Sunroom Offers A Rare Opportunity To Create The Lifestyle You Have Been Dreaming Of In The Heart Of Willow Beach. Enjoy Lake Views From Your Front Deck, Stroll To The Water, Spend Summer Days At Nearby Willow Beach Park, Or Take Advantage Of The Area's Boating, Swimming, Fishing, Ice Fishing, Parks, Trails, And Year-Round Lakeside Charm. Ideally Located Close To Beaches, Playgrounds, Picnic Areas, Local Shops, Restaurants, Schools, Marinas, Golf, And Everyday Amenities In Keswick And Sutton, With Easy Access To Hwy 404 For Commuters. Whether You Are Looking To Renovate, Reimagine, Or Create Your Future Lakeside Escape, This Property Is Filled With Potential And Ready For Someone With Vision To Make It Their Own. Turn Paradise Into Home. Plus, Enjoy Walking Access To The Lake Right At The End Of The Street.

Key facts

Property type
Detached, Bungalow
MLS®
N13665512
Bedrooms
3
Bathrooms
1
Size
700-1100 sq ft
Lot
50 × 196 ft
Cross streets
Metro Rd N & Paradise Dr
Parking
6 parking
Driveway
Private
Basement
Crawl Space
Heating
Baseboard
A/C
None
Exterior
Aluminum Siding, Wood
Foundation
Block, Wood
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$3,026 / 2025
Days on market
44
Listing brokerage
LPT REALTY

Rooms

KitchenMain2.40 × 2.56 m

vinyl floor · double sink · window

SunroomMain2.99 × 6.05 m

w/o to deck · window · skylight

Bedroom 2Main2.57 × 2.69 m

vinyl floor · window · closet

Living RoomMain5.59 × 3.88 m

vinyl floor · gas fireplace · window

Bedroom 3Main2.59 × 3.03 m

vinyl floor · window

BedroomMain2.31 × 2.68 m

vinyl floor · window · closet

Our TakeTeam Asgarian · Broker
A small discount is typical
$413Klikely sale price

Listed at $427,999. Going by how homes in Historic Lakeshore Communities and the wider GTA have actually closed against their asking prices (about 96%, 18 local closings in 90 days), the likely sale price is near $413K, if it sells. A realistic range is $387K to $465K.

Independent value check: $492K. Without looking at the asking price, our model values the home itself about 15% above the ask (homes like it typically land between $461K and $516K).

Why $492K. The typical detached home sold in Historic Lakeshore Communities over the past year went for about $780K (60 sales). What sets this one apart:

  • ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $3,026 a year; the typical home sold here pays about $4,800.
  • ▼ Lowers it strongly3 bedrooms and 1 baths, against 3+1 and 2 typically.
  • ▼ Lowers it0 garage and 6 total parking spaces, against 2 and 8 typically.
  • ▼ Lowers itIt is 700 to 1,100 sq ft; the typical home sold here is 1,100 to 1,500.
List price
$387KBelow recent closings$465KAbove recent closings

Total price vs nearby homes. Likely closing about $413K, from 18 recent closings in this pocket.

The market behind the math:

18sold nearby · 90 days
$928Kmedian sold price
93%of asking, on average
+9%prices vs a year ago
~43 dayshomes like this take to sell
44days on market so far
$2,366/moest. rent · 25 leases
6.6%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.2 months of inventory: 7 detached homes for sale in the area against 18 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 $476/sqft against an area asking average of $709/sqft.

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 18 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $538K. Condition and finishes remain an in-person call.

Schools & getting aroundcatchment and transit

The assigned public school is Sutton District HS. 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

The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.

Based on 18 comparable homes that sold in Historic Lakeshore Communities over the past two years, from 133 closings there.

Neighbourhood & location

Historic Lakeshore Communities, 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.

Sutton & Jackson's Point
$776K
Keswick North
$910K
Keswick South
$890K
Virginia
$919K
Baldwin
$862K

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 Deer Park PS
35%
Deer Park PSPublic · Elementary · JK-8 · 5.0 km awayBelow the GTA average · 35% meet the provincial standard
St. BernadetteEQAO results not published

Affordability & Mortgage

Affordability
$1,951/mo
$86KIncome needed
5.0×Price ÷ income
$450Weekly cost
$5,035Land 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.

89%mortgage
Mortgage $1,951Property tax $252Total carry $2,203

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)
$1,893per month

Mortgage amount $342,399 · 4.49% over 25 years

$85,600Down payment (20.0%)
$342,399Loan before insurance
$0CMHC premium
$2,145Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,893
Property tax
$252
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$2,145

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

One-time closing costs

Ontario land transfer tax
$5,035
Estimated closing costs
$5,035

Plus your down payment of $85,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,291/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

$225,556Total interest paid
$567,955Total of all payments
Principal $342,399 Interest $225,556
YearPrincipalInterestBalance
1$7,641$15,077$334,758
2$7,988$14,730$326,770
3$8,350$14,368$318,420
4$8,730$13,989$309,690
5$9,126$13,592$300,564
6$9,540$13,178$291,024
7$9,974$12,745$281,050
8$10,426$12,292$270,624
9$10,900$11,818$259,724
10$11,395$11,324$248,330
11$11,912$10,806$236,418
12$12,453$10,265$223,965
13$13,018$9,700$210,946
14$13,609$9,109$197,337
15$14,227$8,491$183,110
16$14,873$7,845$168,236
17$15,549$7,170$152,688
18$16,255$6,464$136,433
19$16,993$5,726$119,441
20$17,764$4,954$101,677
21$18,571$4,148$83,106
22$19,414$3,304$63,692
23$20,295$2,423$43,397
24$21,217$1,501$22,180
25$22,180$538$0

At the end of your 5-year term

Total paid over the term
$113,591
Principal paid down
$41,835
Interest paid
$71,756
Balance remaining
$300,564

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 25 whole-home leases in Historic Lakeshore Communities$2,366/mo
$28,392Gross annual rent
4.9%Cap rate after taxes and upkeep
$2,072 to $2,645Typical rent range
~26 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 25 whole-home leases in Historic Lakeshore Communities signed at a median of $2,371 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,366. 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.

6.6%
Gross yield
− Property tax $3,026− Insurance $1,400− Vacancy & upkeep $3,123Net operating income $20,843

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

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