831 Norval Road, Georgina, ON
Historic Lakeshore Communities, Georgina · MLS® N13783982
About this home
In short
- Charming And Move-In Ready 3-Bedroom Detached Bungalow Nestled On A Beautiful 60 x 130 Ft Mature Lot In A Desirable Lakeside Community.
- Ideally Located Just A Short Walk To Lake Simcoe, Nearby Beaches, Parks And Outdoor Recreation.
- Offering Approximately 1,092 Sq.
- Of Comfortable Living Space (As Per MPAC), This Home Features A Functional Open-Concept Design With Modern Laminate Flooring Throughout.
- Private Double-Wide Driveway Plus Attached Garage Provide Parking For Up To 7 Vehicles.
Charming And Move-In Ready 3-Bedroom Detached Bungalow Nestled On A Beautiful 60 x 130 Ft Mature Lot In A Desirable Lakeside Community! Ideally Located Just A Short Walk To Lake Simcoe, Nearby Beaches, Parks And Outdoor Recreation. Offering Approximately 1,092 Sq.Ft. Of Comfortable Living Space (As Per MPAC), This Home Features A Functional Open-Concept Design With Modern Laminate Flooring Throughout. Bright Kitchen Equipped With Stainless Steel Appliances And Convenient Walk-Out Access To An Expansive Deck And Backyard Retreat. Enjoy Outdoor Living With A Spacious Patio Area, Partial Interlocking, Cozy Wood-Burning Fire Pit, Custom Garden Sheds And Plenty Of Additional Storage. Private Double-Wide Driveway Plus Attached Garage Provide Parking For Up To 7 Vehicles. Connected To Municipal Water And Gas Services. Excellent Location Just Minutes From Hwy 404, Major Shopping, Restaurants, Canadian Tire And Everyday Amenities In Keswick. A Wonderful Opportunity To Enjoy Relaxed Year-Round Living Close To Nature And The Lake.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- N13783982
- Bedrooms
- 3
- Bathrooms
- 1
- Size
- 700-1100 sq ft
- Lot
- 60 × 130 ft
- Cross streets
- Metro Rd N & Woodbine Ave
- Parking
- 1 garage · 7 parking (built-in)
- Driveway
- Private Double
- Basement
- Crawl Space
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Aluminum Siding
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $3,848 / 2026
- Days on market
- 10
- Listing brokerage
- SMART SOLD REALTY
Rooms
window · laminate · w/o to deck
overlooks backyard · laminate
overlooks frontyard · laminate · crown moulding
stainless steel appl · laminate · w/o to deck
window · laminate
pot lights · laminate · crown moulding
Listed at $599,000. Going by how homes in Historic Lakeshore Communities and the wider GTA have actually closed against their asking prices (about 96%, 18 local closings in 90 days), the likely sale price is near $577K, if it sells. A realistic range is $541K to $651K.
Independent value check: $595K. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $557K and $623K).
Why $595K. The typical detached home sold in Historic Lakeshore Communities over the past year went for about $780K (60 sales). What sets this one apart:
- ▼ Lowers itIt is 700 to 1,100 sq ft; the typical home sold here is 1,100 to 1,500.
- ▼ Lowers itIts tax bill, which follows the city's own assessment, is $3,848 a year; the typical home sold here pays about $4,800.
- ▼ Lowers it3 bedrooms and 1 baths, against 3+1 and 2 typically.
- ▲ Raises it slightlyIts lot is 60 by 130 ft; the typical lot sold here is 50 by 150.
Total price vs nearby homes. Likely closing about $577K, from 18 recent closings in this pocket.
The market behind the math:
About 1.2 months of inventory: 7 detached homes for sale in the area against 18 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $666/sqft against an area asking average of $682/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 $617K. Condition and finishes remain an in-person call.
What the listing highlights2 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- 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 Sutton District HS. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
Read this with carewhy it’s an estimate, not an appraisal
The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.
Based on 18 comparable homes that sold in Historic Lakeshore Communities over the past two years, from 133 closings there.
For sale
For sale
For sale
For sale
For sale
For saleNothing 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 $595K, which is where my estimate comes from.
Per square foot, these ask about $517/sqft; this home lists at $666/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 6 active listings nearby.
See all comparable homesNeighbourhood & location
Historic Lakeshore Communities, Georgina, 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). Georgina.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
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 September 25, 2026); conventional rates run a little higher.
Mortgage amount $479,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,650
- Property tax
- $321
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $2,970
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $8,455
- Estimated closing costs
- $8,455
Plus your down payment of $119,800. 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
- $158,975
- Principal paid down
- $58,549
- Interest paid
- $100,425
- Balance remaining
- $420,651
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
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 22 whole-home leases in Historic Lakeshore Communities signed at a median of $2,371 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,323. 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 SMART SOLD REALTY. MLS®/PropTx.