1587 Mount Albert Road, East Gwillimbury, ON

Sharon, East Gwillimbury · MLS® N13780280

$1,199,900
For Sale
Listed 35 days agoNo offer date stated
3+2Bedrooms
2Bathrooms
2Garage · 8 parking
1500-2000Sq ft

About this home

In short

  • Stunning Fully Renovated Custom Bungalow in EG's most Prestigious Sharon Community.
  • Welcome to this one-of-a-kind, fully renovated custom bungalow situated on a premium 122' x 123' landscaped, pool-sized lot.
  • The inviting living room impresses with vaulted ceilings, pot lights, a cozy gas fireplace, and oversized front-facing windows that flood the space with natural light.
  • The fully finished basement with separate entrance offers incredible versatility, featuring a guest bedroom, full bathroom, office, gym, recreation room, and ample...
  • Step outside to your private backyard oasis, complete with custom hardscaping and a hot tub, perfect for relaxing or entertaining.

Stunning Fully Renovated Custom Bungalow in EG's most Prestigious Sharon Community! Welcome to this one-of-a-kind, fully renovated custom bungalow situated on a premium 122' x 123' landscaped, pool-sized lot. With over 3,000 sq ft of beautifully finished living space and $250K+ in recent upgrades, this home offers the perfect blend of luxury, comfort, and functionality. Step inside through the charming covered porch into a spacious foyer that opens into the heart of the home. The show-stopping kitchen features a massive 7-foot quartz island, sleek countertops, gas stove, double oven and a stylish beverage centre-seamlessly connecting to a generous formal dining room designed to host the entire family. The inviting living room impresses with vaulted ceilings, pot lights, a cozy gas fireplace, and oversized front-facing windows that flood the space with natural light. The main floor is finished with wide plank hardwood flooring and upgraded trim throughout! The fully finished basement with separate entrance offers incredible versatility, featuring a guest bedroom, full bathroom, office, gym, recreation room, and ample storage-all complemented by bright above-grade windows. Step outside to your private backyard oasis, complete with custom hardscaping and a hot tub, perfect for relaxing or entertaining. Unbeatable location-just steps to scenic trails, multiple parks, recreation centre, GO Train, top-rated schools, and convenient connections to both Highways 400 & 404. NEW Primary Bathroom '18. NEW Kitchen Reno '17. NEW Windows '17. NEW Roof '17. NEW Flooring '17. NEW S/S Appliances '17. NEW Washer & Dryer. NEW Eaves, Soffits, Fascia '17. NEW Custom Interlock '22. NEW Asphalt Driveway '25. Huge Driveway w no sidewalk. Seperate Entrance to Basement.

Key facts

Property type
Detached, Bungalow
MLS®
N13780280
Bedrooms
3+2 (5 total)
Bathrooms
2
Size
1500-2000 sq ft
Lot
122 × 123 ft
Cross streets
Leslie St/ Mount Albert Rd
Parking
2 garage · 8 parking (attached)
Driveway
Private Double
Basement
Finished, Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Septic
Property tax
$6,033 / 2025
Days on market
35
Listing brokerage
RE/MAX HALLMARK CHAY REALTY

Rooms

FoyerMain2.60 × 3.90 m

window · hardwood floor · double closet

Dining RoomMain5.80 × 3.70 m

hardwood floor · pot lights · combined w/kitchen

Bedroom 3Main3.00 × 3.90 m

hardwood floor · closet · window

KitchenMain3.60 × 6.30 m

centre island · stainless steel appl · w/o to yard

Living RoomMain6.40 × 4.30 m

hardwood floor · vaulted ceiling(s) · gas fireplace

RecreationBasement5.68 × 6.10 m

above grade window · pot lights

Bedroom 2Main3.10 × 3.70 m

hardwood floor · double closet · window

Primary BedroomMain3.20 × 3.70 m

hardwood floor · double closet · window

Bedroom 4Basement3.50 × 2.80 m

pot lights · window

Family RoomBasement9.59 × 4.80 m

pot lights · 3 pc ensuite · broadloom

Bedroom 5Basement3.80 × 3.80 m

pot lights · broadloom · above grade window

LaundryBasement6.20 × 3.50 m

window · laundry sink

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

Neighbourhood & location

Sharon, East Gwillimbury, 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.

Queensville
$1.35M
Holland Landing
$1.20M
Rural East Gwillimbury
$2.19M
Mt Albert
$1.10M

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

Affordability
$5,469/mo
$228KIncome needed
5.3×Price ÷ income
$1,262Weekly cost
$20,473Land 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.

92%mortgage
Mortgage $5,469Property tax $503Total carry $5,971

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 October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,308per month

Mortgage amount $959,920 · 4.49% over 25 years

$239,980Down payment (20.0%)
$959,920Loan before insurance
$0CMHC premium
$5,810Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,308
Property tax
$503
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,810

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

One-time closing costs

Ontario land transfer tax
$20,473
Estimated closing costs
$20,473

Plus your down payment of $239,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,424/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

$632,349Total interest paid
$1,592,269Total of all payments
Principal $959,920 Interest $632,349
YearPrincipalInterestBalance
1$21,421$42,269$938,499
2$22,394$41,297$916,105
3$23,411$40,280$892,694
4$24,474$39,217$868,220
5$25,585$38,106$842,635
6$26,747$36,944$815,889
7$27,961$35,730$787,928
8$29,230$34,460$758,698
9$30,558$33,133$728,140
10$31,945$31,746$696,195
11$33,396$30,295$662,799
12$34,912$28,779$627,888
13$36,497$27,194$591,391
14$38,154$25,537$553,237
15$39,886$23,804$513,350
16$41,697$21,993$471,653
17$43,591$20,100$428,062
18$45,570$18,121$382,493
19$47,639$16,052$334,854
20$49,802$13,889$285,052
21$52,063$11,628$232,989
22$54,427$9,264$178,562
23$56,898$6,793$121,664
24$59,482$4,209$62,182
25$62,182$1,509$0

At the end of your 5-year term

Total paid over the term
$318,454
Principal paid down
$117,285
Interest paid
$201,169
Balance remaining
$842,635

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
Estimate$3,150/mo
$37,800Gross annual rent
2.2%Cap rate after taxes and upkeep

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

3.2%
Gross yield
− Property tax $6,033− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $26,209

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

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