16 Mercury Avenue, Georgina, ON

Keswick South, Georgina · MLS® N13814018

$1,088,000
For Sale
Listed 3 days agoNo offer date stated
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5Bedrooms
4Bathrooms
2Garage · 4 parking
2500-3000Sq ft

About this home

In short

  • Rarely offered 5-bedroom detached home featuring approx.
  • 3,000 sq.ft. with ALL 5 bedrooms offering ensuite access.
  • Situated on a premium 45 x 90 ft. lot in the family-friendly community of Simcoe Landing.
  • The open-concept layout provides an ideal flow for both everyday living and entertaining.
  • The primary bedroom features a luxurious 5-piece ensuite with a soaker tub and his-and-hers sinks, along with his-and-hers walk-in closets.

Rarely offered 5-bedroom detached home featuring approx. 3,000 sq.ft. with ALL 5 bedrooms offering ensuite access! Situated on a premium 45 x 90 ft. lot in the family-friendly community of Simcoe Landing. Enjoy 9-foot ceilings throughout all floors, creating an impressive sense of space and openness. Thoughtfully designed for spacious comfort and modern living, this home features high-quality laminate flooring throughout, smooth ceilings, custom California shutters, and modern lighting. The large eat-in kitchen offers stainless steel appliances, a centre island (currently stored in the garage), and a walkout to the backyard. The spacious family room features a gas fireplace and beautiful backyard views. The main-floor office wall has been opened to create additional living space (can easily be reinstalled if desired). The open-concept layout provides an ideal flow for both everyday living and entertaining. An oak staircase leads to 5 spacious bedrooms, each with ensuite access. The primary bedroom features a luxurious 5-piece ensuite with a soaker tub and his-and-hers sinks, along with his-and-hers walk-in closets. Enjoy gorgeous southern exposure, providing an abundance of natural sunlight and a beautiful setting to enjoy the backyard. Conveniently located minutes from schools, Lake Simcoe, Hwy 404, marina, parks, shopping, golf, restaurants, and more. Approximately 15 minutes to Newmarket and 30 minutes to Richmond Hill/Markham.

Key facts

Property type
Detached, 2-Storey
MLS®
N13814018
Bedrooms
5
Bathrooms
4 (1 half)
Size
2500-3000 sq ft
Lot
44.95 × 90.52 ft
Cross streets
Ravenshoe Rd. & Thornlodge Dr.
Parking
2 garage · 4 parking (built-in)
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,588 / 2025
Days on market
3
Listing brokerage
RE/MAX HALLMARK REALTY LTD.

Rooms

KitchenMain5.34 × 4.49 m

stainless steel appl · ceramic floor · centre island

Bedroom 2Second4.15 × 3.09 m

semi ensuite · laminate · closet

Family RoomMain5.50 × 3.67 m

gas fireplace · laminate · pot lights

Living RoomMain8.83 × 4.03 m

combined w/dining · laminate · pot lights

Bedroom 3Second4.62 × 4.20 m

semi ensuite · laminate · closet

Bedroom 4Second4.58 × 3.91 m

semi ensuite · laminate · closet

Dining RoomMain8.83 × 4.03 m

Combined w/Living

Bedroom 5Second4.00 × 3.08 m

semi ensuite · laminate · closet

Primary BedroomSecond6.09 × 3.66 m

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

BreakfastMain5.34 × 4.49 m

combined w/kitchen · w/o to yard · ceramic floor

OfficeMain3.38 × 3.08 m

combined w/living · laminate · pot lights

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.05Mlikely sale price

Listed at $1,088,000. Going by how homes in Keswick South have actually closed against their asking prices (about 97%, 44 local closings in 90 days), the likely sale price is near $1.05M, if it sells. A realistic range is $984K to $1.18M.

Independent value check: $994K. Without looking at the asking price, our model values the home itself about 9% below the ask (homes like it typically land between $931K and $1.04M).

Why $994K. The typical detached home sold in Keswick South over the past year went for about $800K (168 sales). What sets this one apart:

  • ▲ Raises itIts tax bill, which follows the city's own assessment, is $7,588 a year; the typical home sold here pays about $5,000.
  • ▲ Raises itIt is 2,500 to 3,000 sq ft; the typical home sold here is 1,500 to 2,000.
List price
$984KBelow recent closings$1.18MAbove recent closings

Total price vs nearby homes. Likely closing about $1.05M, from 44 recent closings in this pocket.

The market behind the math:

44sold nearby · 90 days
$854Kmedian sold price
94%of asking, on average
+3%prices vs a year ago
~24 dayshomes like this take to sell
3days on market so far
$4,069/moest. rent · 66 leases
4.5%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.2 months of inventory: 18 detached homes for sale in the area against 44 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 $396/sqft against an area asking average of $409/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 44 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $935K. 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.

  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit

The assigned public school is Lake Simcoe PS. 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 ($396/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 44 comparable homes that sold in Keswick South over the past two years, from 359 closings there.

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
$910K
Historic Lakeshore Communities
$912K
Sutton & Jackson's Point
$776K
Baldwin
$862K
Virginia
$919K

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

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

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

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.

Street view near Lake Simcoe PS
62%
Lake Simcoe PSPublic · Elementary · JK-8 · 0.4 km awayBelow the GTA average · 62% meet the provincial standard
Unnamed SS (Keswick)EQAO results not published
Also nearby: 1 more schools within 2.5 km
Jersey Public School · Public elementary2.0 km · 57% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$4,959/mo
$213KIncome needed
5.1×Price ÷ income
$1,144Weekly cost
$18,235Land 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.

89%mortgage
Mortgage $4,959Property tax $632Total carry $5,591

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 September 25, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,813per month

Mortgage amount $870,400 · 4.49% over 25 years

$217,600Down payment (20.0%)
$870,400Loan before insurance
$0CMHC premium
$5,445Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,813
Property tax
$632
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,445

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

One-time closing costs

Ontario land transfer tax
$18,235
Estimated closing costs
$18,235

Plus your down payment of $217,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,825/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

$573,377Total interest paid
$1,443,777Total of all payments
Principal $870,400 Interest $573,377
YearPrincipalInterestBalance
1$19,424$38,327$850,976
2$20,306$37,446$830,671
3$21,227$36,524$809,443
4$22,191$35,560$787,252
5$23,199$34,552$764,053
6$24,252$33,499$739,801
7$25,353$32,398$714,448
8$26,504$31,247$687,943
9$27,708$30,043$660,235
10$28,966$28,785$631,269
11$30,281$27,470$600,988
12$31,656$26,095$569,332
13$33,093$24,658$536,239
14$34,596$23,155$501,643
15$36,167$21,584$465,476
16$37,809$19,942$427,668
17$39,525$18,226$388,142
18$41,320$16,431$346,822
19$43,196$14,555$303,626
20$45,157$12,594$258,469
21$47,208$10,543$211,261
22$49,351$8,400$161,910
23$51,592$6,159$110,318
24$53,934$3,817$56,383
25$56,383$1,368$0

At the end of your 5-year term

Total paid over the term
$288,755
Principal paid down
$106,347
Interest paid
$182,409
Balance remaining
$764,053

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 66 whole-home leases in Keswick South$4,069/mo
$48,828Gross annual rent
3.2%Cap rate after taxes and upkeep
$3,462 to $4,374Typical rent range
~27 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 66 whole-home leases in Keswick South signed at a median of $3,871 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,069. 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.

4.5%
Gross yield
− Property tax $7,588− Insurance $1,400− Vacancy & upkeep $5,371Net operating income $34,469

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

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