45 Highcastle Avenue, Georgina, ON

Historic Lakeshore Communities, Georgina · MLS® N13773740

$839,000
For Sale
Listed 10 days agoNo offer date stated
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3+2Bedrooms
2Bathrooms
2Garage · 6 parking
1100-1500Sq ft

About this home

In short

  • Welcome to this stunning bungalow in the highly sought-after Northdale Heights community, set on a premium 59-ft fully fenced and beautifully landscaped lot with...
  • Offered for the first time in 20 years, this lovingly maintained home showcases an open-concept main level with gleaming oak hardwood floors and a dramatic two-storey...
  • Recent updates include two beautifully renovated bathrooms, highlighted by an attractive roll-in shower, along with new main entry door, light fixtures, bedroom...
  • Step outside to enjoy the private backyard with mature landscaping, perennial gardens, and plenty of room for outdoor gatherings.
  • Located in a highly desirable neighbourhood close to parks, schools, shopping, and amenities, this exceptional property combines comfort, style, and pride of...

Welcome to this stunning bungalow in the highly sought-after Northdale Heights community, set on a premium 59-ft fully fenced and beautifully landscaped lot with vibrant perennial gardens. Offered for the first time in 20 years, this lovingly maintained home showcases an open-concept main level with gleaming oak hardwood floors and a dramatic two-storey cathedral bay window overlooking the family room below. Recent updates include two beautifully renovated bathrooms, highlighted by an attractive roll-in shower, along with new main entry door, light fixtures, bedroom broadloom and freshly painted main floor. The functional layout offers bright, spacious living areas ideal for both everyday living and entertaining. The finished lower level provides a warm and inviting family room, additional living space, and excellent flexibility for guests, hobbies, or a home office. Large windows throughout the home bring in an abundance of natural light. Step outside to enjoy the private backyard with mature landscaping, perennial gardens, and plenty of room for outdoor gatherings. Located in a highly desirable neighbourhood close to parks, schools, shopping, and amenities, this exceptional property combines comfort, style, and pride of ownership in a prime location. A rare opportunity to own a beautiful bungalow in one of the area's most sought-after communities.

Key facts

Property type
Detached, Bungalow-Raised
MLS®
N13773740
Bedrooms
3+2 (5 total)
Bathrooms
2
Size
1100-1500 sq ft
Lot
59.08 × 106.67 ft
Cross streets
Old Homestead & Metro Rd. N.
Parking
2 garage · 6 parking (attached)
Driveway
Private Double
Basement
Full, Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,837 / 2026
Days on market
10
Listing brokerage
RE/MAX HALLMARK YORK GROUP REALTY LTD.

Rooms

Primary BedroomMain4.72 × 3.86 m

broadloom · double closet · semi ensuite

KitchenMain4.80 × 3.51 m

ceramic floor · custom backsplash · b/i dishwasher

Dining RoomMain0.00 × 0.00 m

hardwood floor · combined w/living

Game RoomLower5.33 × 3.35 m

broadloom · wet bar · above grade window

Family RoomLower5.56 × 3.43 m

broadloom · gas fireplace · above grade window

BreakfastMain0.00 × 0.00 m

ceramic floor · w/o to deck

Living RoomMain6.22 × 3.61 m

hardwood floor · combined w/dining · bay window

BedroomLower3.96 × 3.79 m

broadloom · double closet · above grade window

Bedroom 2Main3.43 × 3.02 m

broadloom · closet · overlooks backyard

BedroomLower4.01 × 3.58 m

broadloom · double closet · above grade window

Bedroom 3Main3.43 × 2.82 m

broadloom · closet · overlooks backyard

Our TakeTeam Asgarian · Broker
A small discount is typical
$811Klikely sale price

Listed at $839,000. 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 $811K, if it sells. A realistic range is $760K to $914K.

Independent value check: $868K. Without looking at the asking price, our model values the home itself about 3% above the ask (homes like it typically land between $814K and $910K).

Why $868K. 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 $5,837 a year; the typical home sold here pays about $4,800.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
List price
$760KBelow recent closings$914KAbove recent closings

Total price vs nearby homes. Likely closing about $811K, from 18 recent closings in this pocket.

The market behind the math:

18sold nearby · 90 days
$873Kmedian sold price
94%of asking, on average
+4%prices vs a year ago
~35 dayshomes like this take to sell
10days on market so far
$2,986/moest. rent · 11 leases
4.3%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.8 months of inventory: 5 detached homes for sale in the area against 18 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 $645/sqft against an area asking average of $703/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 18 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $833K. Condition and finishes remain an in-person call.

What the listing highlights5 points to weigh

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

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit

The assigned public school is Lakeside 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 18 comparable homes that sold in Historic Lakeshore Communities over the past two years, from 134 closings there.

What sellers nearby are askingCurrently listed nearby · asking prices
$1.10Mavg 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 $868K, which is where my estimate comes from.

Per square foot, these ask about $703/sqft; this home lists at $645/sqft. Size is part of the price story, not just the sticker.

The 5 closest active listings nearby.

See all comparable homes
839kThis home949k990k760k1.08M1.70MThis home vs active comparables

Neighbourhood & location

Historic Lakeshore Communities, 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
$995K
Keswick South
$827K
Sutton & Jackson's Point
$776K
Baldwin
$1.05M
Virginia
$609K

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 Lakeside PS
64%
Lakeside PSPublic · Elementary · JK-8 · 1.1 km awayBelow the GTA average · 64% meet the provincial standard
Also nearby: 1 more schools within 2.5 km
W J Watson Public School · Public elementary2.0 km · 50% at standard

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

Affordability & Mortgage

Affordability
$3,824/mo
$165KIncome needed
5.1×Price ÷ income
$882Weekly cost
$13,255Land 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 $3,824Property tax $486Total carry $4,310

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%
$
%
4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,674per month

Mortgage amount $671,200 · 4.39% over 25 years

$167,800Down payment (20.0%)
$671,200Loan before insurance
$0CMHC premium
$4,160Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,674
Property tax
$486
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,160

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

One-time closing costs

Ontario land transfer tax
$13,255
Estimated closing costs
$13,255

Plus your down payment of $167,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$4,451/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

$430,993Total interest paid
$1,102,193Total of all payments
Principal $671,200 Interest $430,993
YearPrincipalInterestBalance
1$15,188$28,899$656,012
2$15,863$28,225$640,149
3$16,567$27,521$623,583
4$17,302$26,786$606,281
5$18,070$26,018$588,211
6$18,872$25,216$569,339
7$19,709$24,379$549,630
8$20,584$23,504$529,046
9$21,497$22,590$507,549
10$22,452$21,636$485,097
11$23,448$20,640$461,649
12$24,489$19,599$437,161
13$25,576$18,512$411,585
14$26,711$17,377$384,875
15$27,896$16,192$356,978
16$29,134$14,954$327,844
17$30,427$13,661$297,417
18$31,778$12,310$265,640
19$33,188$10,900$232,452
20$34,661$9,427$197,791
21$36,199$7,889$161,592
22$37,806$6,282$123,786
23$39,484$4,604$84,302
24$41,236$2,852$43,066
25$43,066$1,022$0

At the end of your 5-year term

Total paid over the term
$220,439
Principal paid down
$82,989
Interest paid
$137,450
Balance remaining
$588,211

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 11 whole-home leases in Historic Lakeshore Communities$2,986/mo
$35,832Gross annual rent
2.9%Cap rate after taxes and upkeep
$2,747 to $3,249Typical rent range
~26 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 11 whole-home leases in Historic Lakeshore Communities signed at a median of $2,609 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,986. 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 $5,837− Insurance $1,400− Vacancy & upkeep $3,942Net operating income $24,654

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX HALLMARK YORK GROUP REALTY LTD.. MLS®/PropTx.

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