N/A Metro Road, Georgina, ON

Historic Lakeshore Communities, Georgina · MLS® N13681960

$475,000
For Sale
Listed 63 days agoNo offer date stated
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About this home

In short

  • Attention Builders And Investors.
  • Is In The Community Of Orchard Beach And Provides For An Elevation Allowing For A Possible Walk-Out Basement, With Great Westerly Views Of Lake Simcoe.
  • Opportunity Exists To Purchase Adjacent Home Abutting This Property At 357 Lake Drive North, Allowing You A Place To Live While Building For Extended Family Or...

Attention Builders And Investors! Fantastic Location In The Highly Sought After North Keswick Area. This Newly Severed Property Has Both Water And Sewer Paid Allocations On The Property. Is In The Community Of Orchard Beach And Provides For An Elevation Allowing For A Possible Walk-Out Basement, With Great Westerly Views Of Lake Simcoe. Opportunity Exists To Purchase Adjacent Home Abutting This Property At 357 Lake Drive North, Allowing You A Place To Live While Building For Extended Family Or Investment.

Key facts

Property type
Other, Other
MLS®
N13681960
Lot
50 × 150 ft
Cross streets
Metro Road N & Golf Road
Sewer
Sewer
Days on market
63
Listing brokerage
LPT REALTY
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

Sold price trend

Median sold price for homes in Georgina: $775K in September 2026, up 2% from a year ago, on 607 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. Georgina as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$780K61
November 2025$765K50
December 2025$760K28
January 2026$783K20
February 2026$820K27
March 2026$785K51
April 2026$755K50
May 2026$785K59
June 2026$775K87
July 2026$780K71
August 2026$800K50
September 2026$775K53

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
$624K
Keswick North
$754K
Baldwin
$1.40M
Keswick South
$850K
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
$2,165/mo
$96KIncome needed
4.9×Price ÷ income
$500Weekly cost
$5,975Land 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.

88%mortgage
Mortgage $2,165Estimated property tax $297Total carry $2,462

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)
$2,101per month

Mortgage amount $380,000 · 4.49% over 25 years

$95,000Down payment (20.0%)
$380,000Loan before insurance
$0CMHC premium
$2,398Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,101
Estimated property tax
$297
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$2,398

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

One-time closing costs

Ontario land transfer tax
$5,975
Estimated closing costs
$5,975

Plus your down payment of $95,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,543/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

$250,326Total interest paid
$630,326Total of all payments
Principal $380,000 Interest $250,326
YearPrincipalInterestBalance
1$8,480$16,733$371,520
2$8,865$16,348$362,655
3$9,268$15,946$353,387
4$9,688$15,525$343,699
5$10,128$15,085$333,571
6$10,588$14,625$322,983
7$11,069$14,144$311,914
8$11,571$13,642$300,343
9$12,097$13,116$288,246
10$12,646$12,567$275,600
11$13,220$11,993$262,380
12$13,820$11,393$248,560
13$14,448$10,765$234,112
14$15,104$10,109$219,008
15$15,790$9,423$203,218
16$16,507$8,706$186,712
17$17,256$7,957$169,455
18$18,040$7,173$151,416
19$18,859$6,354$132,557
20$19,715$5,498$112,842
21$20,610$4,603$92,232
22$21,546$3,667$70,687
23$22,524$2,689$48,163
24$23,547$1,666$24,616
25$24,616$597$0

At the end of your 5-year term

Total paid over the term
$126,065
Principal paid down
$46,429
Interest paid
$79,636
Balance remaining
$333,571

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 41 whole-home leases in Historic Lakeshore Communities$2,405/mo
$28,860Gross annual rent
4.4%Cap rate after taxes and upkeep
$2,164 to $2,779Typical rent range
~27 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 41 whole-home leases in Historic Lakeshore Communities signed at a median of $2,405 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,405. 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.

6.1%
Gross yield
− Property tax $3,325− Insurance $1,400− Vacancy & upkeep $3,175Net operating income $20,960

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

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