257 Parkwood Avenue, Georgina, ON

Keswick South, Georgina · MLS® N13821254

$669,999
For Sale
Listed 26 days agoNo offer date stated
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6Bedrooms
3Bathrooms
1Garage · 5 parking
2000-2500Sq ft

About this home

In short

  • Exceptional opportunity to own a fully upgraded income-generating duplex, ideal for investors or first-time buyers seeking to offset mortgage costs with rental income.
  • The front unit offers a spacious 4-bedroom, 2-bathroom layout, complemented by an attached garage, while the rear unit features a comfortable 2-bedroom, 1-bathroom...
  • Equipped with two full kitchens, 2 fridges, 2 stoves, dishwasher, 2 washers and 1 dryer, and supported by 200-amp electrical service, this property is truly turnkey.
  • Strong rental potential with the front unit generating approximately $2,500-$3,000/month and the rear unit $1,800-$2,200/month, making it a compelling investment.
  • Conveniently located just minutes from Highway 404, schools, the lake, and local amenities.

Exceptional opportunity to own a fully upgraded income-generating duplex, ideal for investors or first-time buyers seeking to offset mortgage costs with rental income. This well-maintained property features two completely self-contained units with separate living spaces. The front unit offers a spacious 4-bedroom, 2-bathroom layout, complemented by an attached garage, while the rear unit features a comfortable 2-bedroom, 1-bathroom suite-perfect for extended family or rental income. Extensively updated, the home showcases modern finishes and quality improvements throughout, including a newer custom cedar exterior, upgraded systems, and heated crawl spaces for added efficiency and comfort. Equipped with two full kitchens, 2 fridges, 2 stoves, dishwasher, 2 washers and 1 dryer, and supported by 200-amp electrical service, this property is truly turnkey. Strong rental potential with the front unit generating approximately $2,500-$3,000/month and the rear unit $1,800-$2,200/month, making it a compelling investment. Conveniently located just minutes from Highway 404, schools, the lake, and local amenities. A rare opportunity combining lifestyle, flexibility, and solid income potential.

Key facts

Property type
Other, Bungalow
MLS®
N13821254
Bedrooms
6
Bathrooms
3
Size
2000-2500 sq ft
Lot
50 × 125 ft
Cross streets
PARKWOOD AND GLENWOOD/THE QUEENSWAY
Parking
1 garage · 5 parking (attached)
Driveway
Front Yard Parking
Basement
Crawl Space
Heating
Forced Air
A/C
Window Unit(s)
Exterior
Stucco (Plaster), Wood
Foundation
Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,200 / 2025
Days on market
26
Listing brokerage
SOLTANIAN REAL ESTATE INC.

Rooms

Primary BedroomMain4.34 × 2.95 m

3 Pc Ensuite

Bedroom 2Main3.30 × 2.62 m
KitchenMain4.06 × 1.02 m
Bedroom 3Main3.25 × 1.91 m
BedroomMain3.96 × 2.64 m
Family RoomMain4.37 × 4.11 m
Bedroom 4Main3.15 × 2.13 m
KitchenMain4.17 × 3.43 m
FoyerMain1.32 × 1.14 m
FoyerMain1.93 × 1.37 m
Bedroom 2Main3.20 × 3.02 m
Dining RoomMain2.74 × 2.59 m
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

Sold price trend

Median sold price for homes in Keswick South: $723K in September 2026, down 1% from a year ago, on 200 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$759K16
November 2025$759K14
December 2025$687K11
January 2026$800K9
February 2026$735K10
March 2026$765K17
April 2026$748K20
May 2026$788K16
June 2026$808K30
July 2026$800K21
August 2026$697K19
September 2026$723K17

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
$754K
Historic Lakeshore Communities
$1.02M
Baldwin
$1.40M
Sutton & Jackson's Point
$624K
Virginia
$590K

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
$3,054/mo
$131KIncome needed
5.1×Price ÷ income
$705Weekly cost
$9,875Land 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 $3,054Property tax $350Total carry $3,404

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)
$2,964per month

Mortgage amount $535,999 · 4.49% over 25 years

$134,000Down payment (20.0%)
$535,999Loan before insurance
$0CMHC premium
$3,314Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,964
Property tax
$350
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,314

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

One-time closing costs

Ontario land transfer tax
$9,875
Estimated closing costs
$9,875

Plus your down payment of $134,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,587/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

$353,090Total interest paid
$889,089Total of all payments
Principal $535,999 Interest $353,090
YearPrincipalInterestBalance
1$11,961$23,602$524,038
2$12,504$23,059$511,534
3$13,072$22,492$498,462
4$13,666$21,898$484,796
5$14,286$21,278$470,510
6$14,935$20,629$455,575
7$15,613$19,951$439,963
8$16,322$19,242$423,641
9$17,063$18,501$406,578
10$17,837$17,726$388,741
11$18,647$16,916$370,093
12$19,494$16,070$350,599
13$20,379$15,184$330,220
14$21,304$14,259$308,916
15$22,272$13,292$286,644
16$23,283$12,281$263,361
17$24,340$11,223$239,021
18$25,445$10,118$213,576
19$26,601$8,963$186,975
20$27,808$7,755$159,167
21$29,071$6,493$130,096
22$30,391$5,173$99,705
23$31,771$3,793$67,934
24$33,213$2,350$34,721
25$34,721$842$0

At the end of your 5-year term

Total paid over the term
$177,818
Principal paid down
$65,489
Interest paid
$112,329
Balance remaining
$470,510

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 107 whole-home leases in Keswick South$3,627/mo
$43,524Gross annual rent
4.9%Cap rate after taxes and upkeep
$3,385 to $3,876Typical rent range
~23 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 107 whole-home leases in Keswick South signed at a median of $3,559 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,627. 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.

6.5%
Gross yield
− Property tax $4,200− Insurance $1,400− Vacancy & upkeep $4,788Net operating income $33,136

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SOLTANIAN REAL ESTATE INC.. MLS®/PropTx.

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