3098 Boag Road, East Gwillimbury, ON

Rural East Gwillimbury, East Gwillimbury · MLS® N13813352

$1,149,900
For Sale
Listed 27 days agoNo offer date stated
3Bedrooms
3Bathrooms
2Garage · 8 parking
1500-2000Sq ft

About this home

In short

  • A fabulous opportunity to own 10 private acres surrounded by nature.
  • Ideally located just minutes from Highway 404, the property offers fantastic access to the GTA while remaining conveniently close to schools, shopping, and all the...
  • The home is a 3-bedroom, 2.5-bathroom split-level offering plenty of potential for its next owner.

A fabulous opportunity to own 10 private acres surrounded by nature! This gently sloping property features a beautiful wooded setting, your own private pond, and plenty of space to enjoy the peaceful country lifestyle you've been looking for. Ideally located just minutes from Highway 404, the property offers fantastic access to the GTA while remaining conveniently close to schools, shopping, and all the amenities of town. The home is a 3-bedroom, 2.5-bathroom split-level offering plenty of potential for its next owner. Ready for some updating and personal touches, it's an opportunity to renovate, reimagine, and create a home that perfectly suits your lifestyle. An oversized two-car garage provides plenty of room for vehicles, toys, or a workshop, while additional storage buildings on the property offer even more space and versatility. Whether you're looking for privacy, acreage, room to explore, or the opportunity to create something special, this property offers an incredible setting in a prime location. Properties offering this combination of acreage, convenience, and potential don't come to market often!

Key facts

Property type
Detached, Sidesplit
MLS®
N13813352
Bedrooms
3
Bathrooms
3 (1 half)
Size
1500-2000 sq ft
Lot
333.14 × 1328.57 ft
Cross streets
WARDEN AVE & BOAG RD
Parking
2 garage · 8 parking (built-in)
Driveway
Private
Basement
Partially Finished
Heating
Forced Air
A/C
Central Air
Exterior
Aluminum Siding, Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Septic
Property tax
$7,259 / 2025
Days on market
27
Listing brokerage
RE/MAX ALL-STARS TEAM TREVOR REALTY

Rooms

Dining RoomMain3.50 × 2.80 m

broadloom · walk-out · separate room

RecreationLower6.80 × 6.70 m

Above Grade Window

Primary BedroomUpper5.00 × 3.60 m

broadloom · double closet · window

KitchenMain5.10 × 3.50 m

laminate · w/o to deck · pantry

Family RoomGround6.10 × 3.30 m

fireplace · w/o to yard

Bedroom 2Upper5.20 × 3.80 m

broadloom · double closet · window

Living RoomMain6.10 × 3.70 m

broadloom · bay window · open concept

Bedroom 3Upper4.40 × 3.80 m

broadloom · double closet · window

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.11Mlikely sale price

Listed at $1,149,900. Going by how homes in Rural East Gwillimbury and the wider GTA have actually closed against their asking prices (about 96%, 8 local closings in 90 days), the likely sale price is near $1.11M, if it sells. A realistic range is $1.04M to $1.25M.

Independent value check: $1.36M. Without looking at the asking price, our model values the home itself about 18% above the ask (homes like it typically land between $1.27M and $1.42M).

Why $1.36M. The typical detached home sold in Rural East Gwillimbury over the past year went for about $1.29M (35 sales). What sets this one apart:

  • ▲ Raises it stronglyIts lot is 333 by 1329 ft; the typical lot sold here is 200 by 390.
  • ▲ Raises itIts tax bill, which follows the city's own assessment, is $7,259 a year; the typical home sold here pays about $6,100.
  • ▼ Lowers itIt is 1,500 to 2,000 sq ft; the typical home sold here is 2,000 to 2,500.
List price
$1.04MBelow recent closings$1.25MAbove recent closings

Total price vs nearby homes. Likely closing about $1.11M, from 8 recent closings in this pocket.

The market behind the math:

8sold nearby · 90 days
$1.11Mmedian sold price
91%of asking, on average
−27%prices vs a year ago
~21 dayshomes like this take to sell
27days on market so far
$2,920/moest. rent · 11 leases
3.0%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 9.8 months of inventory: 26 detached homes for sale in the area against 8 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 $657/sqft against an area asking average of $932/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 8 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.17M. Condition and finishes remain an in-person call.

What the listing highlights1 point to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in Rural East Gwillimbury, so I widened the search to the surrounding area.

Based on 8 comparable homes that sold in Rural East Gwillimbury over the past two years, from 73 closings there.

What sellers nearby are askingCurrently listed nearby · asking prices
$1.45Mavg 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 $1.36M, which is where my estimate comes from.

Per square foot, these ask about $720/sqft; this home lists at $657/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.15MThis home1.30M1.75M1.09M1.79M1.30MThis home vs active comparables

Sold price trend

Median sold price for detached homes in East Gwillimbury: $1.15M in September 2026, down 10% from a year ago, on 306 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. East Gwillimbury as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$1.27M25
November 2025$1.25M34
December 2025$1.25M20
January 2026$1.03M15
February 2026$1.24M26
March 2026$1.14M25
April 2026$1.10M29
May 2026$1.10M25
June 2026$1.18M26
July 2026$1.16M31
August 2026$1.05M25
September 2026$1.15M25

Neighbourhood & location

Rural East Gwillimbury, 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
Mt Albert
$1.10M
Sharon
$1.55M
Holland Landing
$1.20M

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
$5,241/mo
$223KIncome needed
5.2×Price ÷ income
$1,209Weekly cost
$19,473Land 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.

90%mortgage
Mortgage $5,241Property tax $605Total carry $5,846

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,086per month

Mortgage amount $919,920 · 4.49% over 25 years

$229,980Down payment (20.0%)
$919,920Loan before insurance
$0CMHC premium
$5,691Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,086
Property tax
$605
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,691

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

One-time closing costs

Ontario land transfer tax
$19,473
Estimated closing costs
$19,473

Plus your down payment of $229,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,156/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

$605,999Total interest paid
$1,525,919Total of all payments
Principal $919,920 Interest $605,999
YearPrincipalInterestBalance
1$20,529$40,508$899,391
2$21,461$39,576$877,931
3$22,435$38,602$855,495
4$23,454$37,583$832,041
5$24,519$36,518$807,523
6$25,632$35,405$781,891
7$26,796$34,241$755,095
8$28,012$33,024$727,083
9$29,284$31,752$697,798
10$30,614$30,423$667,184
11$32,004$29,033$635,180
12$33,457$27,580$601,723
13$34,976$26,061$566,747
14$36,564$24,473$530,183
15$38,224$22,812$491,959
16$39,960$21,077$451,999
17$41,774$19,263$410,225
18$43,671$17,366$366,554
19$45,654$15,383$320,900
20$47,727$13,310$273,174
21$49,894$11,143$223,280
22$52,159$8,878$171,121
23$54,527$6,510$116,594
24$57,003$4,034$59,591
25$59,591$1,446$0

At the end of your 5-year term

Total paid over the term
$305,184
Principal paid down
$112,397
Interest paid
$192,786
Balance remaining
$807,523

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 11 whole-home leases in Rural East Gwillimbury$2,920/mo
$35,040Gross annual rent
2.0%Cap rate after taxes and upkeep
$2,687 to $3,154Typical rent range
~29 daysTo find a tenant, on average

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 11 whole-home leases in Rural East Gwillimbury signed at a median of $3,478 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,920. 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.

3.0%
Gross yield
− Property tax $7,259− Insurance $1,400− Vacancy & upkeep $3,854Net operating income $22,527

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

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