794 Rockaway Road, Georgina, ON
Historic Lakeshore Communities, Georgina · MLS® N13759426
About this home
In short
- Welcome to Willow Beach Living with Built-In Income Potential Aprox. $5,000/month.
- Rarely offered and only 6 years new, this exceptional legal duplex-style bungalow presents a unique opportunity to own a modern 2-in-1 home in one of Georgina's most...
- The bright upper level showcases soaring 9-ft ceilings, an open-concept layout, designer kitchen with quartz countertops, oversized island, stylish cabinetry...
- The legal lower-level apartment is equally impressive, featuring rare 9-ft ceilings, large above-grade windows, abundant natural light, and a true walkout design that...
- Offering 3 additional bedrooms, 2 bathrooms, a spacious open-concept living area, modern kitchen, and its own private outdoor space, it provides exceptional comfort...
Welcome to Willow Beach Living with Built-In Income Potential Aprox. $5,000/month! Rarely offered and only 6 years new, this exceptional legal duplex-style bungalow presents a unique opportunity to own a modern 2-in-1 home in one of Georgina's most desirable lakeside communities. Whether you're an investor, multi-generational family, or looking to offset your mortgage through house-hacking, this property delivers outstanding flexibility and value. Thoughtfully designed with separate entrances, individual utilities, climate control systems, in-suite laundries, private outdoor spaces, dedicated parking, and separate garage access, each residence offers true independence and privacy. The bright upper level showcases soaring 9-ft ceilings, an open-concept layout, designer kitchen with quartz countertops, oversized island, stylish cabinetry, spacious principal rooms, 3 bedrooms, and 2 full bathrooms including a private primary retreat with walk-in closet, ensuite bath, and walkout to the deck overlooking the expansive backyard. The legal lower-level apartment is equally impressive, featuring rare 9-ft ceilings, large above-grade windows, abundant natural light, and a true walkout design that feels more like a main floor than a basement. Offering 3 additional bedrooms, 2 bathrooms, a spacious open-concept living area, modern kitchen, and its own private outdoor space, it provides exceptional comfort for extended family or tenants alike. Situated on a premium street just moments from beautiful Willow Beach, this property includes deeded access to a private beach and is surrounded by parks, trails, marinas, golf courses, schools, shopping, arenas, transit, and quick access to Hwy 404. Enjoy the best of lakeside living with strong income potential of approximately $5,000 per month and the added benefit of easier mortgage qualification through a legal secondary suite. Every detail has been considered. Just move in and enjoy.
Key facts
- Property type
- Detached, Bungalow-Raised
- MLS®
- N13759426
- Bedrooms
- 3+3 (6 total)
- Bathrooms
- 4
- Size
- 1100-1500 sq ft
- Lot
- 50 × 150 ft
- Cross streets
- Kennedy Rd / Metro Rd N
- Parking
- 2 garage · 6 parking (attached)
- Driveway
- Private Double
- Basement
- Finished with Walk-Out, Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Other, Vinyl Siding
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $6,299 / 2025
- Days on market
- 12
- Listing brokerage
- RE/MAX REALTRON REALTY INC.
Rooms
laminate · 3 pc bath · closet
laminate · 4 pc bath · walk-in closet(s)
laminate · 4 pc ensuite · walk-in closet(s)
laminate · open concept · combined w/family
laminate · closet
laminate · open concept · combined w/family
laminate · open concept · walk-out
laminate · open concept · walk-out
laminate · open concept · breakfast bar
laminate · 3 pc bath · closet
laminate · closet
Listed at $879,000. 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 $849K, if it sells. A realistic range is $796K to $957K.
Independent value check: $913K. Without looking at the asking price, our model values the home itself about 4% above the ask (homes like it typically land between $855K and $957K).
Why $913K. The typical detached home sold in Historic Lakeshore Communities over the past year went for about $780K (60 sales). What sets this one apart:
- ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $6,299 a year; the typical home sold here pays about $4,800.
- ▲ Raises it3+3 bedrooms and 4 baths, against 3+1 and 2 typically.
Total price vs nearby homes. Likely closing about $849K, from 18 recent closings in this pocket.
The market behind the math:
About 3.5 months of inventory: 21 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 $676/sqft against an area asking average of $725/sqft.
- Walk-out basement apartment features. A finished 3 bed walk-out basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. In Historic Lakeshore Communities basements rarely rent out (5 of 55 recent detached leases were basement units), so buyers here treat a suite as family or nanny space rather than income. Value it for the living space, not the rent. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the Town of Georgina.
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 $866K. Condition and finishes remain an in-person call.
What the listing highlights4 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
- Primary suite: a key comfort and resale feature. Lifestyle
- 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
There were not many closely comparable homes right in Historic Lakeshore Communities, so I widened the search to the surrounding area.
Based on 18 comparable homes that sold in Historic Lakeshore Communities over the past two years, from 134 closings there.
For sale
For sale
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For saleNothing 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 $913K, which is where my estimate comes from.
Per square foot, these ask about $736/sqft; this home lists at $676/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 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 $703,200 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,849
- Property tax
- $525
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,374
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $14,055
- Estimated closing costs
- $14,055
Plus your down payment of $175,800. 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
- $230,948
- Principal paid down
- $86,945
- Interest paid
- $144,003
- Balance remaining
- $616,255
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
About the suite: in Historic Lakeshore Communities basements rarely rent out (5 of 55 recent detached leases were basement units), so the figure above does not count it as income. Buyers here use a suite as family or nanny space.
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 5 whole-home leases in Historic Lakeshore Communities signed at a median of $3,479 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,383. 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 RE/MAX REALTRON REALTY INC.. MLS®/PropTx.