36 Shirlea Boulevard, Georgina, ON

Keswick South, Georgina · MLS® N13716190

$998,000
For Sale
Listed 29 days agoNo offer date stated
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3Bedrooms
2Bathrooms
1Garage · 7 parking
1500-2000Sq ft

About this home

In short

  • One of the best 75.95' x 195.30' waterfront lots on Lake Simcoe-loaded with potential.
  • Featuring an open-concept layout, this unique home has been extensively upgraded with over $100,000 in improvements.
  • Just 45 minutes north of Toronto, this property is truly a must-see.

One of the best 75.95' x 195.30' waterfront lots on Lake Simcoe-loaded with potential! This well-maintained, direct waterfront, four-season home offers breathtaking western sunset views and is ideally situated on a quiet cul-de-sac in Georgina. Featuring an open-concept layout, this unique home has been extensively upgraded with over $100,000 in improvements. Highlights include a new boathouse complete with washroom and shower, upgraded interior staircase and deck railings, and new flooring on both the ground-level and second-floor decks. A brand-new heating system has also been installed for year-round comfort. Just 45 minutes north of Toronto, this property is truly a must-see. Show with confidence!

Key facts

Property type
Detached, 2-Storey
MLS®
N13716190
Bedrooms
3
Bathrooms
2
Size
1500-2000 sq ft
Lot
70 × 180 ft
Cross streets
Lake Dr. & Shirlea
Parking
1 garage · 7 parking (detached)
Driveway
Private
Basement
Crawl Space
Heating
Forced Air
A/C
Central Air
Exterior
Board & Batten , Wood
Foundation
Other
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,224 / 2025
Days on market
29
Listing brokerage
RIGHT AT HOME REALTY

Rooms

Bedroom 2Ground3.40 × 2.00 m

Hardwood Floor

Dining RoomGround4.20 × 2.40 m

hardwood floor · overlook water

BedroomSecond3.10 × 2.80 m

Broadloom

KitchenGround2.75 × 3.50 m

hardwood floor · overlook water

BreakfastGround3.40 × 2.00 m

Hardwood Floor

Bedroom 3Second3.10 × 2.90 m

Broadloom

Primary BedroomSecond5.90 × 3.65 m

semi ensuite · w/o to balcony · overlook water

Living RoomGround5.90 × 3.50 m

fireplace · hardwood floor · overlook water

Our TakeTeam Asgarian · Broker
A small discount is typical
$964Klikely sale price

Listed at $998,000. Going by how homes in Keswick South have actually closed against their asking prices (about 97%, 44 local closings in 90 days), the likely sale price is near $964K, if it sells. A realistic range is $903K to $1.09M.

Independent value check: $1.05M. Without looking at the asking price, our model values the home itself about 5% above the ask (homes like it typically land between $984K and $1.10M).

Why $1.05M. The typical detached home sold in Keswick South over the past year went for about $800K (168 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $7,224 a year; the typical home sold here pays about $5,000.
  • ▲ Raises itIts lot is 70 by 180 ft; the typical lot sold here is 50 by 110.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▼ Lowers it slightly3 bedrooms and 2 baths, against 3+1 and 3 typically.
List price
$903KBelow recent closings$1.09MAbove recent closings

Total price vs nearby homes. Likely closing about $964K, from 44 recent closings in this pocket.

The market behind the math:

44sold nearby · 90 days
$854Kmedian sold price
94%of asking, on average
+3%prices vs a year ago
~24 dayshomes like this take to sell
29days on market so far
$3,082/moest. rent · 82 leases
3.7%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.5 months of inventory: 8 detached homes for sale in the area against 44 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $570/sqft against an area asking average of $495/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 44 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $716K. Condition and finishes remain an in-person call.

What the listing highlights1 point to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit

The assigned public school is Lake Simcoe PS. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Based on 44 comparable homes that sold in Keswick South over the past two years, from 359 closings there.

What sellers nearby are askingCurrently listed nearby in Keswick South · asking prices
$795kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $1.05M, which is where my estimate comes from.

Per square foot, these ask about $508/sqft; this home lists at $570/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
998kThis home1.18M770k649k690k688kThis home vs active comparables

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
$910K
Historic Lakeshore Communities
$912K
Sutton & Jackson's Point
$776K
Baldwin
$862K
Virginia
$919K

Typical asking price of active listings of the same type, per area (outliers removed). Georgina.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

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.

Street view near Lake Simcoe PS
62%
Lake Simcoe PSPublic · Elementary · JK-8 · 1.8 km awayBelow the GTA average · 62% meet the provincial standard
Also nearby: 1 more schools within 2.5 km
Jersey Public School · Public elementary2.5 km · 57% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$4,549/mo
$197KIncome needed
5.1×Price ÷ income
$1,050Weekly cost
$16,435Land 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 $4,549Property tax $602Total carry $5,151

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 September 25, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,414per month

Mortgage amount $798,400 · 4.49% over 25 years

$199,600Down payment (20.0%)
$798,400Loan before insurance
$0CMHC premium
$5,016Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,414
Property tax
$602
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,016

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

One-time closing costs

Ontario land transfer tax
$16,435
Estimated closing costs
$16,435

Plus your down payment of $199,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,343/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

$525,947Total interest paid
$1,324,347Total of all payments
Principal $798,400 Interest $525,947
YearPrincipalInterestBalance
1$17,817$35,157$780,583
2$18,626$34,348$761,957
3$19,472$33,502$742,486
4$20,356$32,618$722,130
5$21,280$31,694$700,850
6$22,246$30,728$678,604
7$23,256$29,718$655,348
8$24,312$28,662$631,036
9$25,416$27,558$605,620
10$26,570$26,404$579,050
11$27,776$25,198$551,274
12$29,037$23,936$522,237
13$30,356$22,618$491,881
14$31,734$21,240$460,147
15$33,175$19,799$426,972
16$34,681$18,293$392,291
17$36,256$16,718$356,035
18$37,902$15,072$318,133
19$39,623$13,351$278,510
20$41,422$11,552$237,088
21$43,303$9,671$193,785
22$45,269$7,705$148,516
23$47,324$5,650$101,192
24$49,473$3,501$51,719
25$51,719$1,255$0

At the end of your 5-year term

Total paid over the term
$264,869
Principal paid down
$97,550
Interest paid
$167,320
Balance remaining
$700,850

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 82 whole-home leases in Keswick South$3,082/mo
$36,984Gross annual rent
2.4%Cap rate after taxes and upkeep
$2,753 to $3,483Typical 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 82 whole-home leases in Keswick South signed at a median of $3,129 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,082. 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.

3.7%
Gross yield
− Property tax $7,224− Insurance $1,400− Vacancy & upkeep $4,068Net operating income $24,292

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

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