16 Faimira Avenue, Georgina, ON

Keswick South, Georgina · MLS® N13778920

$963,999
For Sale
Listed 11 days agoNo offer date stated
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2Bedrooms
2Bathrooms
2Garage · 8 parking
1100-1500Sq ft

About this home

In short

  • Welcome to 16 Faimira Avenue - One of 4 Bungalows in the entire subdivision.
  • 4 year old home, beautifully maintained family home nestled on a quiet, desirable street.
  • This bright and spacious residence offers a functional open-concept layout with generous principal rooms, an updated kitchen, and comfortable living spaces ideal for...
  • The basement offers large windows and walkout to a private backyard ideal for relaxing or hosting family and friends.
  • Conveniently located close to top-rated schools, parks, shopping, transit, and major highways.

Welcome to 16 Faimira Avenue - One of 4 Bungalows in the entire subdivision! 4 year old home, beautifully maintained family home nestled on a quiet, desirable street. This bright and spacious residence offers a functional open-concept layout with generous principal rooms, an updated kitchen, and comfortable living spaces ideal for everyday living and entertaining. well-sized bedrooms. The basement offers large windows and walkout to a private backyard ideal for relaxing or hosting family and friends. Conveniently located close to top-rated schools, parks, shopping, transit, and major highways. A fantastic opportunity to own a move-in ready home in a sought-after neighbourhood.

Key facts

Property type
Detached, Bungalow
MLS®
N13778920
Bedrooms
2
Bathrooms
2
Size
1100-1500 sq ft
Lot
66.67 × 180 ft
Cross streets
THE QUEENSWAY S & RAVENSHOE RD
Parking
2 garage · 8 parking (attached)
Driveway
Private Double
Basement
Unfinished, Walk-Out, Full
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Poured Concrete, Concrete Block
Roof
Shingles
Sewer
Sewer
Property tax
$5,802 / 2025
Days on market
11
Listing brokerage
CENTURY 21 LEADING EDGE REALTY INC.

Rooms

Bedroom 2Main2.90 × 3.90 m

broadloom · large window

Living RoomMain3.55 × 5.90 m

open concept · hardwood floor · fireplace

KitchenMain3.85 × 4.75 m

breakfast area · stainless steel appl

BathroomMain3.00 × 4.10 m
Dining RoomMain3.85 × 4.75 m

hardwood floor · open concept

Primary BedroomMain3.50 × 4.20 m

broadloom · large closet · 3 pc ensuite

Our TakeTeam Asgarian · Broker
A small discount is typical
$930Klikely sale price

Listed at $963,999. Going by how homes in Keswick South have actually closed against their asking prices (about 97%, 43 local closings in 90 days), the likely sale price is near $930K, if it sells. A realistic range is $871K to $1.05M.

Independent value check: $783K. Without looking at the asking price, our model values the home itself about 19% below the ask (homes like it typically land between $734K and $821K).

Why $783K. The typical detached home sold in Keswick South over the past year went for about $800K (168 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $5,802 a year; the typical home sold here pays about $5,000.
  • ▼ Lowers it2 bedrooms and 2 baths, against 3+1 and 3 typically.
  • ▼ Lowers itIt is 1,100 to 1,500 sq ft; the typical home sold here is 1,500 to 2,000.
  • ▲ Raises it slightly2 garage and 8 total parking spaces, against 2 and 5 typically.
List price
$871KBelow recent closings$1.05MAbove recent closings

Total price vs nearby homes. Likely closing about $930K, from 43 recent closings in this pocket.

The market behind the math:

43sold nearby · 90 days
$850Kmedian sold price
94%of asking, on average
+3%prices vs a year ago
~24 dayshomes like this take to sell
11days on market so far
$2,533/moest. rent · 43 leases
3.2%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.3 months of inventory: 5 detached homes for sale in the area against 43 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 $742/sqft against an area asking average of $667/sqft.

  • Walk-out basement. Extra light, usable space, and income potential, so the estimate is a conservative floor for it.
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 43 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $726K. 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.

  • 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
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

The assigned public school is Lake Simcoe 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 43 comparable homes that sold in Keswick South over the past two years, from 358 closings there.

What sellers nearby are askingCurrently listed nearby in Keswick South · asking prices
$825kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $635/sqft; this home lists at $742/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
964kThis home850k1.20M499k750kThis home vs active comparables

Neighbourhood & location

Keswick South, 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
$910K
Historic Lakeshore Communities
$853K
Sutton & Jackson's Point
$776K
Baldwin
$862K
Virginia
$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 Lake Simcoe PS
62%
Lake Simcoe PSPublic · Elementary · JK-8 · 0.9 km awayBelow the GTA average · 62% meet the provincial standard
Unnamed SS (Keswick)EQAO results not published
Also nearby: 4 more schools within 2.5 km
Jersey Public School · Public elementary1.1 km · 57% at standard
Keswick High School · Public secondary2.1 km · 53% at standard
R L Graham Public School · Public elementary2.1 km · 60% at standard
Fairwood Public School · Public elementary2.2 km · 52% at standard

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

Affordability & Mortgage

Affordability
$4,394/mo
$187KIncome needed
5.2×Price ÷ income
$1,014Weekly cost
$15,755Land 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.

90%mortgage
Mortgage $4,394Property tax $484Total carry $4,877

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)
$4,264per month

Mortgage amount $771,199 · 4.49% over 25 years

$192,800Down payment (20.0%)
$771,199Loan before insurance
$0CMHC premium
$4,748Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,264
Property tax
$484
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,748

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

One-time closing costs

Ontario land transfer tax
$15,755
Estimated closing costs
$15,755

Plus your down payment of $192,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,161/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

$508,029Total interest paid
$1,279,228Total of all payments
Principal $771,199 Interest $508,029
YearPrincipalInterestBalance
1$17,210$33,959$753,989
2$17,991$33,178$735,998
3$18,808$32,361$717,190
4$19,662$31,507$697,528
5$20,555$30,614$676,973
6$21,488$29,681$655,485
7$22,464$28,705$633,021
8$23,484$27,685$609,537
9$24,550$26,619$584,987
10$25,665$25,504$559,323
11$26,830$24,339$532,493
12$28,048$23,121$504,445
13$29,322$21,848$475,123
14$30,653$20,516$444,470
15$32,045$19,124$412,425
16$33,500$17,669$378,926
17$35,021$16,148$343,905
18$36,611$14,558$307,294
19$38,273$12,896$269,021
20$40,011$11,158$229,010
21$41,827$9,342$187,183
22$43,727$7,443$143,456
23$45,712$5,457$97,745
24$47,787$3,382$49,957
25$49,957$1,212$0

At the end of your 5-year term

Total paid over the term
$255,846
Principal paid down
$94,226
Interest paid
$161,619
Balance remaining
$676,973

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 43 whole-home leases in Keswick South$2,533/mo
$30,396Gross annual rent
2.1%Cap rate after taxes and upkeep
$2,313 to $2,928Typical rent range
~27 daysTo find a tenant, on average

About the suite: in Keswick South basements rarely rent out (21 of 238 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 numbers

The last 43 whole-home leases in Keswick South signed at a median of $2,649 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,533. 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.

3.2%
Gross yield
− Property tax $5,802− Insurance $1,400− Vacancy & upkeep $3,344Net operating income $19,850

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 LEADING EDGE REALTY INC.. MLS®/PropTx.

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