278 Sharon Creek Drive, East Gwillimbury, ON

Sharon, East Gwillimbury · MLS® N13665658

$1,178,000
For Sale
Listed 68 days agoNo offer date statedSitting longer than typical
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4Bedrooms
4Bathrooms
1.5Garage · 5 parking
2500-3000Sq ft

About this home

In short

  • Beautifully appointed executive residence offering approximately 2,750 sq.ft. of refined living space on a rare oversized irregular premium lot in the prestigious...
  • Meticulously maintained and showcasing pride of ownership throughout, this exceptional 4-bedroom, 4-bathroom home features a highly functional floor plan designed for...
  • Offering 200-amp electrical service, direct garage access, and a fully fenced yard, this home delivers both comfort and long-term value.
  • Ideally located just minutes from Highway 404, GO Transit, top-rated schools, parks, shopping, community centres, and all major amenities, this is a rare opportunity...
  • Outstanding value, an exceptional layout, premium lot, and an expansive backyard set this property apart from the competition.

Beautifully appointed executive residence offering approximately 2,750 sq.ft. of refined living space on a rare oversized irregular premium lot in the prestigious Sharon Village community of East Gwillimbury. Meticulously maintained and showcasing pride of ownership throughout, this exceptional 4-bedroom, 4-bathroom home features a highly functional floor plan designed for modern family living, complete with spacious principal rooms, 9-ft ceilings, rich oak hardwood flooring, and a dedicated main-floor library/home office.The upgraded chef-inspired kitchen is enhanced with granite countertops, stylish backsplash, and a generous breakfast area overlooking the backyard. An elegant dining room with a contemporary gas fireplace provides the perfect setting for entertaining family and guests. The luxurious primary retreat and second bedroom each feature walk-in closets and private ensuite bathrooms, while the convenient second-floor laundry adds everyday practicality.Offering 200-amp electrical service, direct garage access, and a fully fenced yard, this home delivers both comfort and long-term value. Situated on a unique irregular lot, the property boasts a significantly larger backyard than many comparable homes in the neighbourhood, providing exceptional outdoor space for family enjoyment, entertaining, gardening, or future landscaping opportunities.Ideally located just minutes from Highway 404, GO Transit, top-rated schools, parks, shopping, community centres, and all major amenities, this is a rare opportunity to own a spacious, move-in-ready family home in one of East Gwillimbury's most desirable, picturesque, and rapidly growing communities. Outstanding value, an exceptional layout, premium lot, and an expansive backyard set this property apart from the competition. A must-see home that truly checks all the boxes.

Key facts

Property type
Detached, 2-Storey
MLS®
N13665658
Bedrooms
4
Bathrooms
4 (1 half)
Size
2500-3000 sq ft
Lot
30.35 × 108.57 ft
Cross streets
Leslie St / Mt Albert Rd
Parking
1.5 garage · 5 parking (built-in)
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$6,548 / 2026
Days on market
68
Listing brokerage
RE/MAX HALLMARK REALTY LTD.

Rooms

Bedroom 2Second3.15 × 3.56 m

3 pc bath · walk-in closet(s)

BedroomSecond5.03 × 4.72 m

3 pc bath · walk-in closet(s)

Bedroom 3Second3.35 × 3.66 m

3 pc bath · walk-in closet(s)

Bedroom 4Second4.57 × 3.56 m

3 Pc Bath

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.14Mlikely sale price

Listed at $1,178,000. Going by how homes in Sharon and the wider GTA have actually closed against their asking prices (about 96%, 10 local closings in 90 days), the likely sale price is near $1.14M, if it sells. A realistic range is $1.06M to $1.28M.

Independent value check: $1.12M. Without looking at the asking price, our model values the home itself about 5% below the ask (homes like it typically land between $1.05M and $1.17M).

Why $1.12M. The typical detached home sold in Sharon over the past year went for about $1.34M (45 sales). What sets this one apart:

  • ▼ Lowers itIts lot is 30 by 109 ft; the typical lot sold here is 60 by 150.
  • ▼ Lowers it slightly1.5 garage and 5 total parking spaces, against 2 and 6 typically.
  • ▼ Lowers it slightlyIts tax bill, which follows the city's own assessment, is $6,548 a year; the typical home sold here pays about $6,900.

Longer on the market than typical. 68 days on the market against about 42 for homes like it here, and asking 5% above where comparable closings put it.

List price
$1.06MBelow recent closings$1.28MAbove recent closings

Total price vs nearby homes. Likely closing about $1.14M, from 10 recent closings in this pocket.

The market behind the math:

10sold nearby · 90 days
$1.16Mmedian sold price
92%of asking, on average
−16%prices vs a year ago
~25 dayshomes like this take to sell
68days on market so far
$4,173/moest. rent · 48 leases
4.3%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 5.1 months of inventory: 17 detached homes for sale in the area against 10 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 $428/sqft against an area asking average of $498/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 10 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.04M. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($428/sqft) is below the area, so you are paying for extra space rather than a premium.

Based on 10 comparable homes that sold in Sharon over the past two years, from 109 closings there.

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

Sharon, 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
Holland Landing
$1.20M
Rural East Gwillimbury
$2.19M
Mt Albert
$1.10M

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
$5,369/mo
$226KIncome needed
5.2×Price ÷ income
$1,239Weekly cost
$20,035Land 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.

91%mortgage
Mortgage $5,369Property tax $546Total carry $5,915

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 October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,211per month

Mortgage amount $942,400 · 4.49% over 25 years

$235,600Down payment (20.0%)
$942,400Loan before insurance
$0CMHC premium
$5,756Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,211
Property tax
$546
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,756

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

One-time closing costs

Ontario land transfer tax
$20,035
Estimated closing costs
$20,035

Plus your down payment of $235,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,307/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

$620,807Total interest paid
$1,563,207Total of all payments
Principal $942,400 Interest $620,807
YearPrincipalInterestBalance
1$21,030$41,498$921,370
2$21,985$40,543$899,384
3$22,983$39,545$876,401
4$24,027$38,501$852,374
5$25,118$37,410$827,256
6$26,258$36,270$800,998
7$27,451$35,078$773,547
8$28,697$33,831$744,850
9$30,000$32,528$714,850
10$31,362$31,166$683,488
11$32,786$29,742$650,702
12$34,275$28,254$616,428
13$35,831$26,697$580,597
14$37,458$25,071$543,139
15$39,158$23,370$503,981
16$40,936$21,592$463,045
17$42,795$19,733$420,250
18$44,738$17,790$375,511
19$46,769$15,759$328,742
20$48,893$13,635$279,849
21$51,113$11,415$228,736
22$53,434$9,095$175,303
23$55,860$6,669$119,443
24$58,396$4,132$61,047
25$61,047$1,481$0

At the end of your 5-year term

Total paid over the term
$312,641
Principal paid down
$115,144
Interest paid
$197,498
Balance remaining
$827,256

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 48 whole-home leases in Sharon$4,173/mo
$50,076Gross annual rent
3.1%Cap rate after taxes and upkeep
$3,884 to $4,389Typical rent range
~20 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 48 whole-home leases in Sharon signed at a median of $4,124 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,173. 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.

4.3%
Gross yield
− Property tax $6,548− Insurance $1,400− Vacancy & upkeep $5,508Net operating income $36,620

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

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