2821 Mt Albert Road, East Gwillimbury, ON
Rural East Gwillimbury, East Gwillimbury · MLS® N13766486
About this home
In short
- A truly exceptional riverfront retreat where privacy, space, and natural beauty come together.
- A thoughtfully designed custom addition and extensive upgrades have transformed this remarkable bungalow into a versatile home with an impressive blend of comfort and...
- Set on a private 117 x 496 ft lot with approximately 20 metres of direct Black River frontage, this rare property offers peaceful waterfront living surrounded by nature.
- With approximately 2,600 sq. ft. above grade plus a finished walk-out basement with separate entrance, the spacious and flexible layout is perfectly suited for...
A truly exceptional riverfront retreat where privacy, space, and natural beauty come together. A thoughtfully designed custom addition and extensive upgrades have transformed this remarkable bungalow into a versatile home with an impressive blend of comfort and lifestyle appeal. Set on a private 117 x 496 ft lot with approximately 20 metres of direct Black River frontage, this rare property offers peaceful waterfront living surrounded by nature. With approximately 2,600 sq. ft. above grade plus a finished walk-out basement with separate entrance, the spacious and flexible layout is perfectly suited for multi-generational living, extended family, guests, or additional recreational space. Expansive windows invite an abundance of natural light while capturing beautiful river and landscape views. The expansive grounds are ideal for both relaxation and entertaining, featuring mature trees, generous green space, a greenhouse, workshop, garden sheds, and plenty of room for gardens or hobby farming, subject to municipal requirements. Enjoy the tranquility of country living while remaining conveniently connected to nearby amenities. Additional highlights include quality finishes, spacious principal rooms, carpet-free living, central air conditioning, an attached two-car garage, and parking for up to eight vehicles. A rare opportunity to own a private Black River waterfront property offering remarkable versatility, beautiful natural surroundings, and the freedom to enjoy a truly unique country lifestyle in sought-after East Gwillimbury.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- N13766486
- Bedrooms
- 3+1 (4 total)
- Bathrooms
- 3
- Size
- 2500-3000 sq ft
- Lot
- 117 × 496 ft
- Cross streets
- WARDEN AVE & MT ALBERT RD
- Parking
- 2 garage · 8 parking (attached)
- Driveway
- Front Yard Parking
- Basement
- Finished with Walk-Out, Separate Entrance
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stucco (Plaster)
- Foundation
- Poured Concrete
- Roof
- Shingles
- Sewer
- Septic
- Property tax
- $5,251 / 2025
- Days on market
- 39
- Listing brokerage
- HIGHPOINT HOMES REALTY
Listed at $1,399,999. Going by how homes in Rural East Gwillimbury and the wider GTA have actually closed against their asking prices (about 96%, 8 local closings in 90 days), the likely sale price is near $1.35M, if it sells. A realistic range is $1.26M to $1.52M.
Independent value check: $1.20M. Without looking at the asking price, our model values the home itself about 14% below the ask (homes like it typically land between $1.13M and $1.26M).
Why $1.20M. The typical detached home sold in Rural East Gwillimbury over the past year went for about $1.29M (35 sales). What sets this one apart:
- ▲ Raises itIt is 2,500 to 3,000 sq ft; the typical home sold here is 2,000 to 2,500.
- ▲ Raises itIts lot is 117 by 496 ft; the typical lot sold here is 200 by 390.
- ▲ Raises it slightly2 garage and 8 total parking spaces, against 2 and 6 typically.
Total price vs nearby homes. Likely closing about $1.35M, from 8 recent closings in this pocket.
The market behind the math:
About 3.4 months of inventory: 9 detached homes for sale in the area against 8 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $509/sqft against an area asking average of $1,015/sqft.
- Walk-out basement apartment features. A finished 1 bed walk-out basement apartment with a separate entrance. A self-contained space for extended family, guests or potential income. Basements do rent in Rural East Gwillimbury: 7 of the 54 detached leases here lately were basement units, around $1,900 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 8 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.06M. 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
- Walk-out basement: natural light and strong in-law or income potential. Income potential
- Addition / added square footage: more space lifts value when it is permitted and well integrated, verify the permits. Value driver
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($509/sqft) is below the area, so you are paying for extra space rather than a premium.
Based on 8 comparable homes that sold in Rural East Gwillimbury over the past two years, from 73 closings there.
For sale
For sale
For sale
For sale
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For sale
For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $743/sqft; this home lists at $509/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesSold price trend
Median sold price for detached homes in East Gwillimbury: $1.15M in September 2026, down 10% from a year ago, on 306 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. East Gwillimbury as a whole: the neighbourhood alone has too few closings for a line of its own.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.27M | 25 |
| November 2025 | $1.25M | 34 |
| December 2025 | $1.25M | 20 |
| January 2026 | $1.03M | 15 |
| February 2026 | $1.24M | 26 |
| March 2026 | $1.14M | 25 |
| April 2026 | $1.10M | 29 |
| May 2026 | $1.10M | 25 |
| June 2026 | $1.18M | 26 |
| July 2026 | $1.16M | 31 |
| August 2026 | $1.05M | 25 |
| September 2026 | $1.15M | 25 |
Neighbourhood & location
Rural East Gwillimbury, East Gwillimbury, 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). East Gwillimbury.
Get the full neighbourhood report (schools, parks, transit & safety) →
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 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $1,119,999 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,193
- Property tax
- $438
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,630
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $24,475
- Estimated closing costs
- $24,475
Plus your down payment of $280,000. 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
- $371,560
- Principal paid down
- $136,843
- Interest paid
- $234,717
- Balance remaining
- $983,156
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
The suite is real income here: basements rent in Rural East Gwillimbury (7 of 54 recent detached leases were basement units, around $1,900 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,900 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 numbersThe last 14 whole-home leases in Rural East Gwillimbury signed at a median of $3,537 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,783. 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 HIGHPOINT HOMES REALTY. MLS®/PropTx.