837 Montsell Avenue, Georgina, ON
Historic Lakeshore Communities, Georgina · MLS® N13795332
About this home
In short
- Welcome To Life By The Lake.
- Located Just Steps From The Shores Of Lake Simcoe In The Quiet Community Of Willow Beach, This Bright 3-Bedroom Bungalow Is A Great Opportunity For First-Time Buyers...
- Inside, You'll Find A Functional Open-Concept Layout With A Spacious Living And Dining Area, Plenty Of Natural Light And A Cozy Gas Fireplace.
- Set On A Huge 50' X 243' Lot With Room To Grow, The Backyard Offers Plenty Of Room For Entertaining, Gardening, Kids, Pets Or Simply Enjoying Your Own Private Outdoor...
- Located Close To Lake Simcoe, Parks, Beaches, Public Transit And Local Amenities, While Still Being Just A Short Drive To Keswick / 1hr To The GTA.
Welcome To Life By The Lake! Located Just Steps From The Shores Of Lake Simcoe In The Quiet Community Of Willow Beach, This Bright 3-Bedroom Bungalow Is A Great Opportunity For First-Time Buyers, Downsizers Or Anyone Looking For A Little More Yard Space And A Slower Pace Of Life. Inside, You'll Find A Functional Open-Concept Layout With A Spacious Living And Dining Area, Plenty Of Natural Light And A Cozy Gas Fireplace. Outside Is Where This Property Really Stands Out. Set On A Huge 50' X 243' Lot With Room To Grow, The Backyard Offers Plenty Of Room For Entertaining, Gardening, Kids, Pets Or Simply Enjoying Your Own Private Outdoor Space. With Tons Of Room For Parking, A Lot Size You Can Grow Into And One-Level Bungalow Living, The Home Offers Plenty Of Everyday Practicality. Located Close To Lake Simcoe, Parks, Beaches, Public Transit And Local Amenities, While Still Being Just A Short Drive To Keswick / 1hr To The GTA. This Is A Great Chance To Get Into A Detached Home And Enjoy Everything The Lake Simcoe Lifestyle Has To Offer.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- N13795332
- Bedrooms
- 3
- Bathrooms
- 1
- Size
- 1100-1500 sq ft
- Lot
- 50 × 243 ft
- Cross streets
- Montsell Ave & Metro Rd N
- Parking
- 6 parking
- Driveway
- Private
- Basement
- Crawl Space
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Aluminum Siding
- Foundation
- Block
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $3,804 / 2026
- Days on market
- 4
- Listing brokerage
- LPT REALTY
Rooms
window · closet · laminate
window · 4 pc bath · b/i vanity
window · closet · laminate
window · gas fireplace · combined w/dining
window · closet
window · closet · laminate
breakfast area · w/o to deck · pass through
window · open concept · combined w/living
Listed at $639,000. 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 $618K, if it sells. A realistic range is $579K to $696K.
Independent value check: $559K. Without looking at the asking price, our model values the home itself about 12% below the ask (homes like it typically land between $524K and $586K).
Why $559K. 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 itIts tax bill, which follows the city's own assessment, is $3,804 a year; the typical home sold here pays about $4,800.
- ▼ Lowers it3 bedrooms and 1 baths, against 3+1 and 2 typically.
- ▼ Lowers it0 garage and 6 total parking spaces, against 2 and 8 typically.
- ▼ Lowers it slightlyIts lot is 50 by 243 ft; the typical lot sold here is 50 by 150.
Total price vs nearby homes. Likely closing about $618K, from 18 recent closings in this pocket.
The market behind the math:
About 1 months of inventory: 6 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 $492/sqft against an area asking average of $643/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
Priced above comparable homes overall, but the price per square foot ($492/sqft) is below the area, so you are paying for extra space rather than a premium.
Based on 18 comparable homes that sold in Historic Lakeshore Communities over the past two years, from 134 closings there.
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 $559K, which is where my estimate comes from.
Per square foot, these ask about $737/sqft; this home lists at $492/sqft. Size is part of the price story, not just the sticker.
The 4 closest 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 4.24% via Ratehub.ca (as of September 22, 2026); conventional rates run a little higher.
Mortgage amount $511,200 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,798
- Property tax
- $317
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $3,115
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $9,255
- Estimated closing costs
- $9,255
Plus your down payment of $127,800. 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
- $167,891
- Principal paid down
- $63,206
- Interest paid
- $104,685
- Balance remaining
- $447,994
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 26 whole-home leases in Historic Lakeshore Communities signed at a median of $2,395 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,756. 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 LPT REALTY. MLS®/PropTx.