451 The Queensway, Georgina, ON

Keswick South, Georgina · MLS® N13671640

$500,000
For Sale
Listed 67 days agoNo offer date statedSitting longer than typical
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About this home

In short

  • An exceptional investment and development opportunity in the heart of Keswick.
  • An exciting opportunity for investors, builders and developers seeking future commercial redevelopment potential, subject to rezoning and all required municipal and...

An exceptional investment and development opportunity in the heart of Keswick! This substantial residential vacant lot is ideally positioned along The Queensway South, immediately adjacent to Glenwoods Centre, a well-established commercial plaza featuring FreshCo and a variety of retail, dining and service businesses. Surrounded by established residential neighbourhoods and conveniently served by York Region Transit along The Queensway South, the property benefits from excellent exposure in a growing area. The Town's Keswick Secondary Plan identifies The Queensway Corridor as an important focus for future growth, with the Glenwoods area envisioned for continued commercial intensification and infill redevelopment. An exciting opportunity for investors, builders and developers seeking future commercial redevelopment potential, subject to rezoning and all required municipal and regulatory approvals. Buyer to conduct their own due diligence regarding intended use.

Key facts

Property type
Other, Other
MLS®
N13671640
Lot
50.48 × 216.13 ft
Cross streets
The Queensway S/ Glenwoods Ave
Sewer
None
Property tax
$1,192 / 2025
Days on market
67
Listing brokerage
CENTURY 21 LEADING EDGE REALTY INC.
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

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What sellers nearby are askingCurrently listed nearby in Keswick South · asking prices
$546kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest listings on the market.

The 4 closest active listings nearby.

See all comparable homes
500kThis home500k425k399k859kThis home vs active comparables

Neighbourhood & location

Keswick South, Georgina, ON

CommuteTime from this home to where you spend your day

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Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Keswick North
$754K
Historic Lakeshore Communities
$1.02M
Baldwin
$1.40M
Sutton & Jackson's Point
$624K
Virginia
$590K

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

Affordability
$2,279/mo
$93KIncome needed
5.4×Price ÷ income
$526Weekly cost
$6,475Land 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.

96%mortgage
Mortgage $2,279Property tax $99Total carry $2,378

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,212per month

Mortgage amount $400,000 · 4.49% over 25 years

$100,000Down payment (20.0%)
$400,000Loan before insurance
$0CMHC premium
$2,311Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,212
Property tax
$99
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$2,311

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

One-time closing costs

Ontario land transfer tax
$6,475
Estimated closing costs
$6,475

Plus your down payment of $100,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,677/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

$263,501Total interest paid
$663,501Total of all payments
Principal $400,000 Interest $263,501
YearPrincipalInterestBalance
1$8,926$17,614$391,074
2$9,332$17,208$381,742
3$9,755$16,785$371,987
4$10,198$16,342$361,789
5$10,661$15,879$351,127
6$11,145$15,395$339,982
7$11,651$14,889$328,331
8$12,180$14,360$316,150
9$12,733$13,807$303,417
10$13,312$13,228$290,105
11$13,916$12,624$276,189
12$14,548$11,992$261,642
13$15,208$11,332$246,433
14$15,899$10,641$230,534
15$16,621$9,919$213,914
16$17,375$9,165$196,538
17$18,164$8,376$178,374
18$18,989$7,551$159,385
19$19,851$6,689$139,534
20$20,752$5,788$118,781
21$21,695$4,845$97,087
22$22,680$3,860$74,407
23$23,710$2,830$50,697
24$24,786$1,754$25,911
25$25,911$629$0

At the end of your 5-year term

Total paid over the term
$132,700
Principal paid down
$48,873
Interest paid
$83,828
Balance remaining
$351,127

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.

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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
Estimate$2,650/mo
$31,800Gross annual rent
5.1%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates 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.

6.4%
Gross yield
− Property tax $1,192− Insurance $1,400− Vacancy & upkeep $3,498Net operating income $25,710

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 LEADING EDGE REALTY INC.. MLS®/PropTx.

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