453 The Queensway, Georgina, ON

Keswick South, Georgina · MLS® N13671862

$500,000
For Sale
Listed 68 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®
N13671862
Lot
46.24 × 236.43 ft
Cross streets
The Queensway S/ Glenwoods Ave
Sewer
None
Property tax
$1,095 / 2025
Days on market
68
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.

Considering this property? Request a written price read
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. Homes like this one have recently closed around $698K, which is where my estimate comes from.

The 4 closest active listings nearby.

See all comparable homes
500kThis home500k425k399k859kThis home vs active comparables

Sold price trend

Median sold price for homes in Keswick South: $723K in September 2026, down 1% from a year ago, on 200 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.

Month by month
MonthMedian soldClosings
October 2025$759K16
November 2025$759K14
December 2025$687K11
January 2026$800K9
February 2026$735K10
March 2026$765K17
April 2026$748K20
May 2026$788K16
June 2026$808K30
July 2026$800K21
August 2026$697K19
September 2026$723K17

Neighbourhood & location

Keswick South, 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.

Keswick North
$738K
Historic Lakeshore Communities
$1.03M
Baldwin
$912K
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 $91Total carry $2,370

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 21, 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
$2,303Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,212
Property tax
$91
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$2,303

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.

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 229 whole-home leases in Keswick South$3,234/mo
$38,808Gross annual rent
6.4%Cap rate after taxes and upkeep
$2,715 to $3,608Typical rent range
~23 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 229 whole-home leases in Keswick South signed at a median of $3,234 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,234. 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.

7.8%
Gross yield
− Property tax $1,095− Insurance $1,400− Vacancy & upkeep $4,269Net operating income $32,044

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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