62 Toll Road, East Gwillimbury, ON

Holland Landing, East Gwillimbury · MLS® N13740160

$665,000
For Sale
Listed 46 days agoNo offer date stated
2+1Bedrooms
2Bathrooms
8Parking
700-1100Sq ft

About this home

Top 5 Reasons You Will Love This Home: 1) Affordable opportunity for first-time buyers, ideally located with easy access to Newmarket, Bradford, and the Greater Toronto Area for a convenient daily commute 2) Potential future M2 zoning provides exciting possibilities for a variety of permitted uses, adding long-term flexibility and investment potential 3) Set in a welcoming, family-friendly community, delivering small-town living and everyday amenities just a short drive away 4) Spacious backyard with plenty of room for children and pets to play, garden, or simply relax and enjoy the outdoors 5) Finished basement with in-law suite potential, creating a versatile space that's well-suited for extended family, guests, or multi-generational living. 882 above grade sq.ft. plus a finished basement.

Key facts

Property type
Detached, Bungalow
MLS®
N13740160
Bedrooms
2+1 (3 total)
Bathrooms
2 (1 half)
Size
700-1100 sq ft
Lot
74.86 × 141.15 ft
Cross streets
Oriole Dr/Toll Rd
Parking
8 parking
Driveway
Available
Basement
Finished, Full, Apartment
Heating
Forced Air
A/C
Central Air
Exterior
Aluminum Siding
Foundation
Unknown
Roof
Metal
Sewer
Septic
Property tax
$3,376 / 2025
Days on market
46
Listing brokerage
FARIS TEAM REAL ESTATE BROKERAGE

Rooms

BedroomMain3.47 × 2.43 m

hardwood floor · closet · window

Family RoomMain4.68 × 4.11 m

hardwood floor · window

Primary BedroomMain4.17 × 2.97 m

closet · ceiling fan(s) · window

KitchenMain4.69 × 4.60 m

eat-in kitchen · ceramic floor · ceramic backsplash

BedroomBasement5.85 × 4.35 m

vinyl floor · window · recessed lighting

Our TakeTeam Asgarian · Broker
A small discount is typical
$646Klikely sale price

Listed at $665,000. Going by how homes in Holland Landing and the wider GTA have actually closed against their asking prices (about 97%, 29 local closings in 90 days), the likely sale price is near $646K, if it sells. A realistic range is $605K to $728K.

Independent value check: $617K. Without looking at the asking price, our model values the home itself about 7% below the ask (homes like it typically land between $578K and $647K).

Why $617K. The typical detached home sold in Holland Landing over the past year went for about $1.15M (111 sales). What sets this one apart:

  • ▼ Lowers it stronglyIt is 700 to 1,100 sq ft; the typical home sold here is 2,000 to 2,500.
  • ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $3,376 a year; the typical home sold here pays about $5,400.
  • ▼ Lowers it strongly2+1 bedrooms and 2 baths, against 4+1 and 3 typically.
  • ▲ Raises it slightly0 garage and 8 total parking spaces, against 2 and 6 typically.
List price
$605KBelow recent closings$728KAbove recent closings

Total price vs nearby homes. Likely closing about $646K, from 29 recent closings in this pocket.

The market behind the math:

29sold nearby · 90 days
$1.15Mmedian sold price
97%of asking, on average
−7%prices vs a year ago
~22 dayshomes like this take to sell
46days on market so far
$2,407/moest. rent · 15 leases
4.3%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.9 months of inventory: 9 detached homes for sale in the area against 29 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 $739/sqft against an area asking average of $798/sqft.

  • basement apartment features. A finished 1 bed basement apartment. A self-contained space for extended family, guests or potential income. Basements do rent in Holland Landing: 24 of the 188 detached leases here lately were basement units, around $1,775 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the Town of East Gwillimbury.
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 29 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $762K. 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.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($739/sqft) is below the area, so you are paying for extra space rather than a premium.

The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.

Based on 29 comparable homes that sold in Holland Landing over the past two years, from 236 closings there.

What sellers nearby are askingCurrently listed nearby in Holland Landing · asking prices
$879kavg 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 $617K, which is where my estimate comes from.

Per square foot, these ask about $906/sqft; this home lists at $739/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 6 active listings nearby.

See all comparable homes
665kThis home850k799k900k760k1.09MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Holland Landing: $1.15M in September 2026, down 6% from a year ago, on 113 closings in 11 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$1.27M9
November 2025$1.25M17
December 2025$1.16M10
February 2026$1.13M9
March 2026$1.24M9
April 2026$938K6
May 2026$1.13M8
June 2026$1.12M9
July 2026$1.22M13
August 2026$1.12M12
September 2026$1.15M11

Neighbourhood & location

Holland Landing, 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.

Queensville
$1.35M
Sharon
$1.55M
Rural East Gwillimbury
$2.19M
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
$3,031/mo
$128KIncome needed
5.2×Price ÷ income
$699Weekly cost
$9,775Land 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 $3,031Property tax $281Total carry $3,312

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,942per month

Mortgage amount $532,000 · 4.49% over 25 years

$133,000Down payment (20.0%)
$532,000Loan before insurance
$0CMHC premium
$3,223Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,942
Property tax
$281
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,223

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

One-time closing costs

Ontario land transfer tax
$9,775
Estimated closing costs
$9,775

Plus your down payment of $133,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,560/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

$350,456Total interest paid
$882,456Total of all payments
Principal $532,000 Interest $350,456
YearPrincipalInterestBalance
1$11,872$23,426$520,128
2$12,411$22,887$507,717
3$12,975$22,324$494,742
4$13,564$21,735$481,179
5$14,179$21,119$466,999
6$14,823$20,475$452,176
7$15,496$19,802$436,680
8$16,200$19,098$420,480
9$16,935$18,363$403,545
10$17,704$17,594$385,840
11$18,508$16,790$367,332
12$19,349$15,950$347,983
13$20,227$15,071$327,756
14$21,145$14,153$306,611
15$22,106$13,193$284,505
16$23,109$12,189$261,396
17$24,158$11,140$237,238
18$25,255$10,043$211,982
19$26,402$8,896$185,580
20$27,601$7,697$157,979
21$28,854$6,444$129,125
22$30,164$5,134$98,961
23$31,534$3,765$67,428
24$32,965$2,333$34,462
25$34,462$836$0

At the end of your 5-year term

Total paid over the term
$176,491
Principal paid down
$65,001
Interest paid
$111,491
Balance remaining
$466,999

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 15 whole-home leases in Holland Landing$2,407/mo
$28,884Gross annual rent
3.1%Cap rate after taxes and upkeep
$2,287 to $2,638Typical rent range
~19 daysTo find a tenant, on average

The suite is real income here: basements rent in Holland Landing (24 of 188 recent detached leases were basement units, around $1,775 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,775 a month on top of the upper floors. Permitted use is worth confirming with the city.

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 15 whole-home leases in Holland Landing signed at a median of $2,465 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,407. 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.

4.3%
Gross yield
− Property tax $3,376− Insurance $1,400− Vacancy & upkeep $3,177Net operating income $20,931

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of FARIS TEAM REAL ESTATE BROKERAGE. MLS®/PropTx.

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