40 Frederick Pearson Street, East Gwillimbury, ON
Queensville, East Gwillimbury · MLS® N13666828
About this home
In short
- TURN KEY MOVE IN READY HOME.
- Gorgeous corner lot with abundant natural light.
- Spacious main floor layout, EXTREMELY functional basement, 2nd floor Corridor office space.
- PREMIUM LOT, No Side Walk.
- Close To HighWay 404, Close To Upper Canada Shopping Mall, Parks, Restaurants And All Other Amenities.
TURN KEY MOVE IN READY HOME! Gorgeous corner lot with abundant natural light! Spacious main floor layout, EXTREMELY functional basement, 2nd floor Corridor office space!! 4+1 Bedrooms, all with direct washroom access! PREMIUM LOT, No Side Walk. STONE THROW AWAY from brand new health and active living plaza, and brand new elementary school. Close To HighWay 404, Close To Upper Canada Shopping Mall, Parks, Restaurants And All Other Amenities! This Is the PERFECT family Home!!!
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13666828
- Bedrooms
- 4+1 (5 total)
- Bathrooms
- 5 (1 half)
- Size
- 2500-3000 sq ft
- Lot
- 29.87 × 73 ft
- Cross streets
- Leslie & Queensville
- Parking
- 2 garage · 4 parking (attached)
- Driveway
- Available
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stucco (Plaster)
- Foundation
- Concrete, Poured Concrete, Concrete Block
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $6,264 / 2025
- Days on market
- 68
- Listing brokerage
- RE/MAX MILLENNIUM REAL ESTATE
Listed at $1,295,000. Going by how homes in Queensville and the wider GTA have actually closed against their asking prices (about 97%, 9 local closings in 90 days), the likely sale price is near $1.25M, if it sells. A realistic range is $1.18M to $1.41M.
Independent value check: $1.17M. Without looking at the asking price, our model values the home itself about 9% below the ask (homes like it typically land between $1.10M and $1.23M).
Why $1.17M. The typical detached home sold in Queensville over the past year went for about $1.16M (49 sales). What sets this one apart:
- ▲ Raises itThe listing describes it as fully renovated or newly built.
- ▼ Lowers it slightlyIts lot is 30 by 73 ft; the typical lot sold here is 43 by 94.
Total price vs nearby homes. Likely closing about $1.25M, from 9 recent closings in this pocket.
The market behind the math:
About 5 months of inventory: 15 detached homes for sale in the area against 9 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $471/sqft against an area asking average of $451/sqft.
- Corner lot. Two street frontages: more to landscape, shovel and mow, and more exposure to traffic, wind and headlights at night. Buyers price that against an interior lot on the same street, so I read this one on the cautious side and confirm the setting in person.
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 9 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.18M. Condition and finishes remain an in-person call.
What the listing highlights3 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
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
- Corner lot: more light and frontage, sometimes at the cost of privacy. Weigh carefully
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($471/sqft) is in line with the area, so you are paying for extra space rather than a premium.
Based on 9 comparable homes that sold in Queensville over the past two years, from 93 closings there.
For sale
For sale
For sale
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For sale
For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $464/sqft; this home lists at $471/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesSold 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.
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
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.27M | 25 |
| November 2025 | $1.25M | 34 |
| December 2025 | $1.25M | 20 |
| January 2026 | $1.03M | 15 |
| February 2026 | $1.24M | 26 |
| March 2026 | $1.14M | 25 |
| April 2026 | $1.10M | 29 |
| May 2026 | $1.10M | 25 |
| June 2026 | $1.18M | 26 |
| July 2026 | $1.16M | 31 |
| August 2026 | $1.05M | 25 |
| September 2026 | $1.15M | 25 |
Neighbourhood & location
Queensville, East Gwillimbury, 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). East Gwillimbury.
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 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $1,036,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,728
- Property tax
- $522
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,250
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $22,375
- Estimated closing costs
- $22,375
Plus your down payment of $259,000. 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
- $343,693
- Principal paid down
- $126,580
- Interest paid
- $217,113
- Balance remaining
- $909,420
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 48 whole-home leases in Queensville signed at a median of $4,271 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,395. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX MILLENNIUM REAL ESTATE. MLS®/PropTx.