836 Montsell Avenue, Georgina, ON
Historic Lakeshore Communities, Georgina · MLS® N13689388
About this home
In short
- Seller's Financing (VTB) is available from 3.95% to assist with this purchase.
- Stunning 3-bed, 2-bath bungalow on a premium 50242 ft lot, just steps from Lake Simcoe.
- Enjoy a designer kitchen, sun-filled open concept living, and multiple walkouts to spacious decks.
- Here Are 6 Reason You Will Love This Home.
- Stylish Rebuild And Upgrades: Fully Rebuild with a Custom Extension/Addition, The home includes a metal roof, designer kitchen, Bathrooms and brand-new appliances.
Seller's Financing (VTB) is available from 3.95% to assist with this purchase. Welcome to 836 Montsell Avenue!!! Lakeside Living at Its Finest! Stunning 3-bed, 2-bath bungalow on a premium 50242 ft lot, just steps from Lake Simcoe. Enjoy a designer kitchen, sun-filled open concept living, and multiple walkouts to spacious decks. Metal roof, private beach access & second-dwelling zoning - a rare lakeside gem! Here Are 6 Reason You Will Love This Home!!! 1.Exceptional location: Only four houses away from the lake, and just steps from private beach access that's shared via the street. 2. Proximity to golf course: The end of the street meets a golf course, offering scenic views and recreational access. 3. Stylish Rebuild And Upgrades: Fully Rebuild with a Custom Extension/Addition, The home includes a metal roof, designer kitchen, Bathrooms and brand-new appliances. 4. Bright & open living: The eat-in kitchen features a walk-out to a large 160" deck overlooking the backyard. The living room also boasts generous windows and its own walk-out to the front deck. 5. Backyard & lot: Spacious 50 242 ft lot provides generous outdoor space. 6. Potential for income or in-law suite: A second dwelling is allowed, opening possibilities for rental income or multi-generational living. This property balances the tranquility of lakeshore living with modern comforts and excellent potential. Whether you're looking for a year-round retreat, an opportunity for rental income or a place to raise a family. Direct access to water amenities, A move-in ready interior with tasteful finishes, Room to expand, adapt, or generate income, A coveted neighborhood in Georgina with strong lifestyle appeal. This property offers exceptional short-term rental potential. This location is highly desirable for year-round visitors.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- N13689388
- Bedrooms
- 3
- Bathrooms
- 2
- Size
- 1100-1500 sq ft
- Lot
- 50.1 × 242.11 ft
- Cross streets
- Montsell Ave And Lake Dr
- Parking
- 6 parking
- Driveway
- Private
- Basement
- Crawl Space
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Vinyl Siding
- Foundation
- Concrete Block
- Roof
- Metal
- Sewer
- Sewer
- Property tax
- $3,562 / 2025
- Days on market
- 34
- Listing brokerage
- SUTTON GROUP-ADMIRAL REALTY INC.
Rooms
laminate · window · closet
laminate · window · closet
laminate · combined w/living · open concept
laminate · combined w/dining · window
laminate · breakfast area · w/o to patio
laminate · 3 pc ensuite · closet
Listed at $798,000. Going by how homes in Historic Lakeshore Communities and the wider GTA have actually closed against their asking prices (about 97%, 18 local closings in 90 days), the likely sale price is near $771K, if it sells. A realistic range is $723K to $869K.
Independent value check: $641K. Without looking at the asking price, our model values the home itself about 20% below the ask (homes like it typically land between $601K and $672K).
Why $641K. The typical detached home sold in Historic Lakeshore Communities over the past year went for about $780K (60 sales). What sets this one apart:
- ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $3,562 a year; the typical home sold here pays about $4,800.
- ▲ Raises itThe listing describes it as fully renovated or newly built.
- ▼ Lowers it0 garage and 6 total parking spaces, against 2 and 8 typically.
Total price vs nearby homes. Likely closing about $771K, from 18 recent closings in this pocket.
The market behind the math:
About 1.2 months of inventory: 7 detached homes for sale in the area against 18 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $614/sqft against an area asking average of $604/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 18 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $615K. 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.
- Addition / added square footage: more space lifts value when it is permitted and well integrated, verify the permits. Value driver
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
- Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit
The assigned public school is Sutton District HS. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($614/sqft) is in line with the area, so you are paying for extra space rather than a premium.
Based on 18 comparable homes that sold in Historic Lakeshore Communities over the past two years, from 134 closings there.
The closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $707/sqft; this home lists at $614/sqft. Size is part of the price story, not just the sticker.
The 4 closest active listings nearby.
See all comparable homesNeighbourhood & location
Historic Lakeshore Communities, Georgina, 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). Georgina.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
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 4.24% via Ratehub.ca (as of September 22, 2026); conventional rates run a little higher.
Mortgage amount $638,400 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,494
- Property tax
- $297
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $3,791
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $12,435
- Estimated closing costs
- $12,435
Plus your down payment of $159,600. 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
- $209,666
- Principal paid down
- $78,933
- Interest paid
- $130,733
- Balance remaining
- $559,467
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 26 whole-home leases in Historic Lakeshore Communities signed at a median of $2,395 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,856. 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 SUTTON GROUP-ADMIRAL REALTY INC.. MLS®/PropTx.