44 Clara May Avenue, East Gwillimbury, ON

Rural East Gwillimbury, East Gwillimbury · MLS® N13694258

$1,480,000
For Sale
Listed 61 days agoNo offer date statedSitting longer than typical
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4Bedrooms
4Bathrooms
2Garage · 4 parking
2500-3000Sq ft

About this home

In short

  • Corner Detached Property In Hometown Sharon, Perfectly Maintained By Owners.
  • Open Concept With Lots Of Natural Sunlight, Smooth Ceiling On Main Fl, Hardwood Flooring, Kitchen Upgraded Quartz Countertop, Upgraded Frameless Glass Shower, Double...
  • Finished basement, completed approximately three years ago.
  • Minutes To Hwy 404/Go Station/Schools/Parks/Community Centres/Shopping & Entertainment.

Corner Detached Property In Hometown Sharon, Perfectly Maintained By Owners. Open Concept With Lots Of Natural Sunlight, Smooth Ceiling On Main Fl, Hardwood Flooring, Kitchen Upgraded Quartz Countertop, Upgraded Frameless Glass Shower, Double Sinks, Tiles In Master Ensuite, Ev Charging Infrastructure(as is). Finished basement, completed approximately three years ago. Minutes To Hwy 404/Go Station/Schools/Parks/Community Centres/Shopping & Entertainment. Much More To Discover!

Key facts

Property type
Detached, 2-Storey
MLS®
N13694258
Bedrooms
4
Bathrooms
4 (1 half)
Size
2500-3000 sq ft
Lot
44.16 × 98 ft
Cross streets
Leslie/ Green Lane
Parking
2 garage · 4 parking (built-in)
Driveway
Private Double
Basement
Full, Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete, Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,570 / 2026
Days on market
61
Listing brokerage
BAY STREET GROUP INC.

Rooms

LibraryMain3.36 × 3.00 m

hardwood floor · large window · pot lights

Bedroom 4Second4.08 × 3.59 m

large window · walk-in closet(s)

Primary BedroomSecond5.42 × 3.90 m

large window · 5 pc ensuite · walk-in closet(s)

Family RoomMain5.00 × 4.24 m

hardwood floor · large window · gas fireplace

RecreationBasement7.18 × 5.11 m
Bedroom 3Second4.26 × 3.41 m

large window · closet

BreakfastMain3.61 × 3.03 m

marble floor · w/o to yard

Bedroom 2Second3.65 × 3.03 m

large window · closet

Dining RoomMain4.84 × 3.30 m

hardwood floor · large window · pot lights

KitchenMain3.61 × 3.03 m

marble floor · quartz counter · pot lights

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

Neighbourhood & location

Rural East Gwillimbury, East Gwillimbury, 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.

Sharon
$1.55M
Queensville
$1.35M
Holland Landing
$1.20M
Mt Albert
$1.10M

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

Affordability
$6,745/mo
$277KIncome needed
5.3×Price ÷ income
$1,557Weekly cost
$26,075Land 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.

92%mortgage
Mortgage $6,745Property tax $547Total carry $7,293

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)
$6,547per month

Mortgage amount $1,184,000 · 4.49% over 25 years

$296,000Down payment (20.0%)
$1,184,000Loan before insurance
$0CMHC premium
$7,094Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,547
Property tax
$548
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,094

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

One-time closing costs

Ontario land transfer tax
$26,075
Estimated closing costs
$26,075

Plus your down payment of $296,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$7,924/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

$779,962Total interest paid
$1,963,962Total of all payments
Principal $1,184,000 Interest $779,962
YearPrincipalInterestBalance
1$26,422$52,137$1,157,578
2$27,621$50,937$1,129,957
3$28,876$49,683$1,101,081
4$30,187$48,372$1,070,894
5$31,557$47,001$1,039,337
6$32,990$45,568$1,006,347
7$34,488$44,070$971,859
8$36,054$42,505$935,805
9$37,691$40,868$898,114
10$39,402$39,156$858,712
11$41,191$37,367$817,521
12$43,061$35,497$774,459
13$45,017$33,542$729,443
14$47,061$31,498$682,382
15$49,197$29,361$633,185
16$51,431$27,127$581,754
17$53,766$24,792$527,987
18$56,207$22,351$471,780
19$58,759$19,799$413,021
20$61,427$17,131$351,593
21$64,216$14,342$287,377
22$67,132$11,426$220,245
23$70,180$8,378$150,064
24$73,367$5,192$76,698
25$76,698$1,861$0

At the end of your 5-year term

Total paid over the term
$392,792
Principal paid down
$144,663
Interest paid
$248,129
Balance remaining
$1,039,337

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
Estimate$5,250/mo
$63,000Gross annual rent
3.3%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.

4.3%
Gross yield
− Property tax $6,570− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $48,100

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of BAY STREET GROUP INC.. MLS®/PropTx.

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