61 Edith Street, Georgina, ON

Sutton & Jackson's Point, Georgina · MLS® N13764594

$799,800
For Sale
Listed 15 days agoNo offer date stated
3Bedrooms
2Bathrooms
2Garage · 8 parking
1100-1500Sq ft

About this home

In short

  • Large, Mature And Private Double Lot With 2 Dwellings On It: 3-Bedroom Brick Bungalow With Separate Entrance To The Basement, And Artist Studio With Kitchen And Washroom.
  • These 2 Are Waiting For Your Love, Care And Updates.
  • All Appliances And Wood Burning Fireplace Are Sold In "As-Is" Condition.

Large, Mature And Private Double Lot With 2 Dwellings On It: 3-Bedroom Brick Bungalow With Separate Entrance To The Basement, And Artist Studio With Kitchen And Washroom. These 2 Are Waiting For Your Love, Care And Updates. Located In A Sought After Area Of De La Salle Park With One Of The Best Sandy Beaches On Lake Simcoe Including Park And Playground. Enjoy Access To The Residents' Private Beach With Swimming Dock. All Appliances And Wood Burning Fireplace Are Sold In "As-Is" Condition.

Key facts

Property type
Detached, Bungalow
MLS®
N13764594
Bedrooms
3
Bathrooms
2
Size
1100-1500 sq ft
Lot
150 × 100 ft
Cross streets
Metro Rd N & Edith St
Parking
2 garage · 8 parking (attached)
Driveway
Private
Basement
Full, Partially Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,400 / 2026
Days on market
15
Listing brokerage
LPT REALTY

Rooms

LaundryBasement4.57 × 3.47 m
Bedroom 2Main3.35 × 3.05 m

closet · overlooks backyard · parquet

Living RoomMain5.49 × 3.65 m

large window · open concept · parquet

Bedroom 3Main3.17 × 2.59 m

closet · overlooks frontyard · parquet

RecreationBasement6.86 × 6.71 m

4 pc ensuite · fireplace · vinyl floor

BedroomMain3.63 × 3.35 m

closet · overlooks frontyard · parquet

FoyerMain2.74 × 1.31 m

closet · overlooks living · parquet

Dining RoomMain3.05 × 3.05 m

large window · open concept · parquet

OfficeBasement3.50 × 3.05 m

Vinyl Floor

KitchenMain3.96 × 3.05 m
FoyerMain2.13 × 2.13 m

overlooks backyard · linoleum

Our TakeTeam Asgarian · Broker
A small discount is typical
$774Klikely sale price

Listed at $799,800. Going by how homes in Sutton & Jackson's Point and the wider GTA have actually closed against their asking prices (about 97%, 28 local closings in 90 days), the likely sale price is near $774K, if it sells. A realistic range is $725K to $872K.

Independent value check: $719K. Without looking at the asking price, our model values the home itself about 10% below the ask (homes like it typically land between $674K and $754K).

Why $719K. The typical detached home sold in Sutton & Jackson's Point over the past year went for about $810K (113 sales). What sets this one apart:

  • ▲ Raises itIts tax bill, which follows the city's own assessment, is $5,400 a year; the typical home sold here pays about $4,600.
  • ▼ Lowers itIt is 1,100 to 1,500 sq ft; the typical home sold here is 1,500 to 2,000.
  • ▼ Lowers it slightly3 bedrooms and 2 baths, against 3+1 and 3 typically.
  • ▲ Raises it slightly2 garage and 8 total parking spaces, against 2 and 5 typically.
List price
$725KBelow recent closings$872KAbove recent closings

Total price vs nearby homes. Likely closing about $774K, from 28 recent closings in this pocket.

The market behind the math:

28sold nearby · 90 days
$815Kmedian sold price
95%of asking, on average
+7%prices vs a year ago
~45 dayshomes like this take to sell
15days on market so far
$2,726/moest. rent · 29 leases
4.1%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.4 months of inventory: 22 detached homes for sale in the area against 28 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 $615/sqft against an area asking average of $503/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 28 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $659K. 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.

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Schools & getting aroundcatchment and transit

Its public catchment (Black River PS) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

Based on 28 comparable homes that sold in Sutton & Jackson's Point over the past two years, from 218 closings there.

What sellers nearby are askingCurrently listed nearby in Sutton & Jackson's Point · asking prices
$608kavg 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 $719K, which is where my estimate comes from.

Per square foot, these ask about $468/sqft; this home lists at $615/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
800kThis home820k550k455kThis home vs active comparables

Neighbourhood & location

Sutton & Jackson's Point, 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.

Historic Lakeshore Communities
$853K
Virginia
$919K
Keswick North
$910K
Baldwin
$862K
Pefferlaw
$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 Black River PS
90%
Black River PSPublic · Elementary · JK-8 · 1.5 km awayAmong the top in the GTA · 90% meet the provincial standard
St. BernadetteEQAO results not published
Also nearby: 2 more schools within 2.5 km
St Bernadette's Catholic Elementary School · Catholic elementary1.4 km · 49% at standard
Sutton Public School · Public elementary2.1 km · 67% at standard

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

Affordability & Mortgage

Affordability
$3,645/mo
$157KIncome needed
5.1×Price ÷ income
$841Weekly cost
$12,471Land 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.

89%mortgage
Mortgage $3,645Property tax $450Total carry $4,095

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)
$3,538per month

Mortgage amount $639,840 · 4.49% over 25 years

$159,960Down payment (20.0%)
$639,840Loan before insurance
$0CMHC premium
$3,988Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,538
Property tax
$450
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,988

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

One-time closing costs

Ontario land transfer tax
$12,471
Estimated closing costs
$12,471

Plus your down payment of $159,960. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,282/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

$421,496Total interest paid
$1,061,336Total of all payments
Principal $639,840 Interest $421,496
YearPrincipalInterestBalance
1$14,279$28,175$625,561
2$14,927$27,527$610,635
3$15,605$26,849$595,030
4$16,313$26,140$578,717
5$17,054$25,400$561,663
6$17,828$24,625$543,835
7$18,638$23,816$525,198
8$19,484$22,970$505,714
9$20,368$22,085$485,346
10$21,293$21,160$464,053
11$22,260$20,193$441,793
12$23,271$19,183$418,522
13$24,327$18,126$394,195
14$25,432$17,022$368,763
15$26,586$15,867$342,176
16$27,794$14,660$314,383
17$29,056$13,398$285,327
18$30,375$12,079$254,952
19$31,754$10,699$223,199
20$33,196$9,258$190,003
21$34,703$7,751$155,300
22$36,279$6,175$119,021
23$37,926$4,528$81,096
24$39,648$2,806$41,448
25$41,448$1,006$0

At the end of your 5-year term

Total paid over the term
$212,267
Principal paid down
$78,177
Interest paid
$134,090
Balance remaining
$561,663

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 29 whole-home leases in Sutton & Jackson's Point$2,726/mo
$32,712Gross annual rent
2.8%Cap rate after taxes and upkeep
$2,431 to $3,034Typical rent range
~21 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 29 whole-home leases in Sutton & Jackson's Point signed at a median of $2,634 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,726. 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.

4.1%
Gross yield
− Property tax $5,400− Insurance $1,400− Vacancy & upkeep $3,598Net operating income $22,314

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

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