241 Parkway Avenue, Georgina, ON

Keswick South, Georgina · MLS® N13807542

$1,499,900
For Sale
Listed 29 days agoNo offer date stated
4+2Bedrooms
6Bathrooms
1Garage · 6 parking
3500-5000Sq ft

About this home

In short

  • An Elegant New Home, Now Offered at an Exceptional Value.
  • The main floor showcases an incredible open-concept design with 10-foot ceilings, perfect for entertaining and family living.
  • Enjoy rich hardwood floors, stone finishes, and a gourmet chef's kitchen with high-end appliances, custom cabinetry, and an oversized island.
  • A second primary suite also offers a walk-in closet and a stunning ensuite bath, perfect for guests or extended family.
  • The fully finished walk-out basement adds tremendous value with 8-foot ceilings, a separate entrance, and versatile living options.

NEW PRICE. EXCEPTIONAL OPPORTUNITY. An Elegant New Home, Now Offered at an Exceptional Value. Welcome to this brand-new custom masterpiece, where timeless elegance meets modern luxury. Featuring an impressive stone and stucco exterior, this architectural gem commands attention from the moment you arrive. Step through the grand foyer entrance into a world of sophistication, light, and space. This two-story home with a full walk- basement offers just under 6000 sq. ft. of finished living space, designed with extraordinary attention to detail and premium craftsmanship throughout. The main floor showcases an incredible open-concept design with 10-foot ceilings, perfect for entertaining and family living. Enjoy rich hardwood floors, stone finishes, and a gourmet chef's kitchen with high-end appliances, custom cabinetry, and an oversized island. The elegant living and dining areas open seamlessly to a covered porch and landscaped backyard, ideal for year-round enjoyment. The second level is equally impressive with 9-foot ceilings, 8-foot solid wood doors, and four generously sized bedrooms. The primary suite is truly breathtaking - featuring a massive walk-in closet and a spa-inspired five-piece ensuite with a freestanding soaking tub and luxurious finishes. A second primary suite also offers a walk-in closet and a stunning ensuite bath, perfect for guests or extended family. Two additional bedrooms share a beautifully designed bathroom, each space crafted with a serene, spa-like ambiance. The fully finished walk-out basement adds tremendous value with 8-foot ceilings, a separate entrance, and versatile living options. Complete with two additional bedrooms and bathrooms, and generous open living areas, it's ideal for multi-generational living, an in-law suite, or future rental potential. Nestled just steps from Lake Simcoe and moments from all that Georgina has to offer, including shopping, schools, parks, and easy access to Highway 404.

Key facts

Property type
Detached, 2-Storey
MLS®
N13807542
Bedrooms
4+2 (6 total)
Bathrooms
6 (1 half)
Size
3500-5000 sq ft
Lot
50 × 127 ft
Cross streets
Pineway Ave/Parkway Ave
Parking
1 garage · 6 parking (built-in)
Driveway
Private Double
Basement
Finished with Walk-Out, Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster), Stone
Foundation
Insulated Concrete Form
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,170 / 2026
Days on market
29
Listing brokerage
EXP REALTY

Rooms

Bedroom 2Second4.41 × 4.16 m

3 pc ensuite · walk-in closet(s) · hardwood floor

Bedroom 4Second4.16 × 4.16 m

3 pc ensuite · walk-in closet(s) · hardwood floor

KitchenMain6.09 × 4.16 m

centre island · open concept · walk-out

Primary BedroomSecond6.35 × 5.86 m

5 pc ensuite · walk-in closet(s) · walk-out

Bedroom 2Basement3.88 × 3.42 m

3 pc ensuite · closet · laminate

Living RoomMain5.48 × 3.98 m

combined w/dining · hardwood floor

Bedroom 3Second4.11 × 3.86 m

3 pc ensuite · walk-in closet(s) · hardwood floor

LaundryBasement2.20 × 1.93 m
RecreationBasement9.39 × 5.58 m

walk-out · laminate

Family RoomMain6.09 × 5.79 m

floor/ceil fireplace · combined w/kitchen · open concept

BedroomBasement4.16 × 3.78 m

3 pc ensuite · closet · laminate

Dining RoomMain5.20 × 3.98 m

combined w/living · hardwood floor

LaundrySecond2.43 × 1.82 m

Tile Floor

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.45Mlikely sale price

Listed at $1,499,900. Going by how homes in Keswick South have actually closed against their asking prices (about 97%, 48 local closings in 90 days), the likely sale price is near $1.45M, if it sells. A realistic range is $1.36M to $1.63M.

Independent value check: $1.29M. Without looking at the asking price, our model values the home itself about 14% below the ask (homes like it typically land between $1.21M and $1.35M).

Why $1.29M. 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 stronglyIt is 3,500 to 5,000 sq ft; the typical home sold here is 1,500 to 2,000.
  • ▲ Raises it strongly4+2 bedrooms and 6 baths, against 3+1 and 3 typically.
  • ▲ Raises itIts lot is 50 by 127 ft; the typical lot sold here is 50 by 110.
  • ▼ Lowers itIts tax bill, which follows the city's own assessment, is $5,170 a year; the typical home sold here pays about $5,000.
List price
$1.36MBelow recent closings$1.63MAbove recent closings

Total price vs nearby homes. Likely closing about $1.45M, from 48 recent closings in this pocket.

The market behind the math:

48sold nearby · 90 days
$860Kmedian sold price
95%of asking, on average
+8%prices vs a year ago
~22 dayshomes like this take to sell
29days on market so far
$4,885/moest. rent · 26 leases
3.9%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.8 months of inventory: 28 detached homes for sale in the area against 48 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 $353/sqft against an area asking average of $445/sqft.

  • Walk-out basement apartment features. A finished 2 bed walk-out basement apartment with a separate entrance. A self-contained space for extended family, guests or potential income. In Keswick South basements rarely rent out (22 of 238 recent detached leases were basement units), so buyers here treat a suite as family or nanny space rather than income. Value it for the living space, not the rent. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the Town of Georgina.
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 48 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.13M. 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.

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
  • Walk-out basement: natural light and strong in-law or income potential. Income potential
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Primary suite: a key comfort and resale feature. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($353/sqft) is below the area, so you are paying for extra space rather than a premium.

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.

There were not many closely comparable homes right in Keswick South, so I widened the search to the surrounding area.

Based on 48 comparable homes that sold in Keswick South over the past two years, from 363 closings there.

What sellers nearby are askingCurrently listed nearby in Keswick South · asking prices
$1.59Mavg 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 $1.29M, which is where my estimate comes from.

Per square foot, these ask about $374/sqft; this home lists at $353/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.50MThis home1.40M1.14M2.69M1.40M1.33MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Keswick South: $860K in September 2026, up 12% from a year ago, on 167 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$739K14
November 2025$807K11
December 2025$704K10
January 2026$800K8
February 2026$735K10
March 2026$820K13
April 2026$780K17
May 2026$788K16
June 2026$834K23
July 2026$840K17
August 2026$860K15
September 2026$860K13

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
$960K
Historic Lakeshore Communities
$1.04M
Sutton & Jackson's Point
$707K
Virginia
$683K
Pefferlaw
$808K

Typical asking price of active listings of the same type, per area (outliers removed). Georgina.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$6,836/mo
$276KIncome needed
5.4×Price ÷ income
$1,578Weekly cost
$26,473Land 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.

94%mortgage
Mortgage $6,836Property tax $431Total carry $7,267

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)
$6,635per month

Mortgage amount $1,199,920 · 4.49% over 25 years

$299,980Down payment (20.0%)
$1,199,920Loan before insurance
$0CMHC premium
$7,065Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,635
Property tax
$431
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,065

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

One-time closing costs

Ontario land transfer tax
$26,473
Estimated closing costs
$26,473

Plus your down payment of $299,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$8,030/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

$790,449Total interest paid
$1,990,369Total of all payments
Principal $1,199,920 Interest $790,449
YearPrincipalInterestBalance
1$26,777$52,838$1,173,143
2$27,993$51,622$1,145,150
3$29,264$50,351$1,115,886
4$30,593$49,022$1,085,294
5$31,982$47,633$1,053,312
6$33,434$46,181$1,019,878
7$34,952$44,663$984,927
8$36,539$43,076$948,388
9$38,198$41,417$910,190
10$39,932$39,683$870,258
11$41,745$37,870$828,513
12$43,640$35,974$784,873
13$45,622$33,993$739,251
14$47,693$31,921$691,557
15$49,859$29,756$641,699
16$52,123$27,492$589,576
17$54,489$25,126$535,087
18$56,963$22,652$478,124
19$59,550$20,065$418,574
20$62,253$17,361$356,321
21$65,080$14,535$291,241
22$68,035$11,580$223,206
23$71,124$8,491$152,082
24$74,353$5,262$77,729
25$77,729$1,886$0

At the end of your 5-year term

Total paid over the term
$398,074
Principal paid down
$146,608
Interest paid
$251,466
Balance remaining
$1,053,312

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 26 whole-home leases in Keswick South$4,885/mo
$58,620Gross annual rent
3.0%Cap rate after taxes and upkeep
$4,417 to $5,365Typical rent range
~24 daysTo find a tenant, on average

About the suite: in Keswick South basements rarely rent out (22 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 26 whole-home leases in Keswick South signed at a median of $4,032 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,885. 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.

3.9%
Gross yield
− Property tax $5,170− Insurance $1,400− Vacancy & upkeep $6,448Net operating income $45,601

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

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