265 Pasadena Drive, Georgina, ON

Keswick South, Georgina · MLS® N13827580

$499,000
For Sale
Just listed todayNo offer date stated
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2Bedrooms
1Bathrooms
6Parking
1100-1500Sq ft

About this home

In short

  • This charming two-bedroom, one-bathroom bungalow sits on a desirable corner lot and offers comfortable, move-in-ready living with plenty of potential.
  • The bright and inviting interior features warm wood-panelled ceilings, modern lighting, updated flooring, and a spacious open-concept living and dining area.
  • The property also offers 8-car parking, a fully fenced yard, and two garden sheds for added storage.

Welcome to 265 Pasadena! This charming two-bedroom, one-bathroom bungalow sits on a desirable corner lot and offers comfortable, move-in-ready living with plenty of potential. The bright and inviting interior features warm wood-panelled ceilings, modern lighting, updated flooring, and a spacious open-concept living and dining area. The stylish kitchen is equipped with stainless-steel appliances, generous cabinetry, and ample counter space. A sun-filled enclosed porch provides the perfect space to relax, entertain, or enjoy your morning coffee. The full basement features a separate side entrance, offering excellent potential to finish the space and create a second living unit with its own private entrance. The property also offers 8-car parking, a fully fenced yard, and two garden sheds for added storage.An excellent opportunity for first-time buyers, downsizers or investors. Convenient one-level living with character, warmth and plenty of natural light.

Key facts

Property type
Detached, Bungalow
MLS®
N13827580
Bedrooms
2
Bathrooms
1
Size
1100-1500 sq ft
Lot
132 × 53.37 ft
Cross streets
Pasadena Drive /The Queensway
Parking
6 parking
Driveway
Private
Basement
Full, Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Vinyl Siding
Foundation
Brick
Roof
Other
Sewer
Sewer
Property tax
$3,895 / 2025
Listing brokerage
THE REAL ESTATE OFFICE INC.

Rooms

Living RoomMain15.78 × 17.65 m

ceiling fan(s) · laminate · w/o to sunroom

Primary BedroomMain13.51 × 9.51 m

ceiling fan(s) · w/o to sunroom

LaundryBasement10.33 × 15.81 m

Above Grade Window

KitchenMain15.78 × 13.38 m

open concept · laminate

Bedroom 2Main8.63 × 7.18 m
OtherBasement20.14 × 11.22 m

Above Grade Window

Utility RoomBasement10.33 × 20.14 m

Above Grade Window

SunroomMain12.69 × 8.20 m

window · w/o to yard

Our TakeTeam Asgarian · Broker
A small discount is typical
$481Klikely sale price

Listed at $499,000. Going by how homes in Keswick South have actually closed against their asking prices (about 97%, 43 local closings in 90 days), the likely sale price is near $481K, if it sells. A realistic range is $451K to $543K.

Independent value check: $525K. Without looking at the asking price, our model values the home itself about 5% above the ask (homes like it typically land between $492K and $550K).

Why $525K. The typical detached home sold in Keswick South over the past year went for about $800K (168 sales). What sets this one apart:

  • ▼ Lowers it strongly2 bedrooms and 1 baths, against 3+1 and 3 typically.
  • ▼ Lowers it stronglyIt is 1,100 to 1,500 sq ft; the typical home sold here is 1,500 to 2,000.
  • ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $3,895 a year; the typical home sold here pays about $5,000.
  • ▼ Lowers it slightlyIts lot is 132 by 53 ft; the typical lot sold here is 50 by 110.
List price
$451KBelow recent closings$543KAbove recent closings

Total price vs nearby homes. Likely closing about $481K, from 43 recent closings in this pocket.

The market behind the math:

43sold nearby · 90 days
$850Kmedian sold price
94%of asking, on average
+3%prices vs a year ago
~24 dayshomes like this take to sell
$2,440/moest. rent · 65 leases
5.9%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.3 months of inventory: 5 detached homes for sale in the area against 43 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 $384/sqft against an area asking average of $739/sqft.

  • Corner lot. Two street frontages: more to landscape, shovel and mow, and more exposure to traffic, wind and headlights at night. Buyers price that against an interior lot on the same street, so I read this one on the cautious side and confirm the setting in person.
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 43 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $595K. 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
  • Corner lot: more light and frontage, sometimes at the cost of privacy. Weigh carefully
Schools & getting aroundcatchment and transit

The assigned public school is Jersey PS. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Based on 43 comparable homes that sold in Keswick South over the past two years, from 358 closings there.

What sellers nearby are askingCurrently listed nearby in Keswick South · asking prices
$941kavg 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 $525K, which is where my estimate comes from.

Per square foot, these ask about $724/sqft; this home lists at $384/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
499kThis home850k750k964k1.20MThis home vs active comparables

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
$785K
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 Jersey PS
57%
Jersey PSPublic · Elementary · JK-8 · 1.2 km awayBelow the GTA average · 57% meet the provincial standard
Also nearby: 3 more schools within 2.5 km
Lake Simcoe Public School · Public elementary1.4 km · 62% at standard
R L Graham Public School · Public elementary2.0 km · 60% at standard
Fairwood Public School · Public elementary2.2 km · 52% at standard

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

Affordability & Mortgage

Affordability
$2,274/mo
$101KIncome needed
4.9×Price ÷ income
$525Weekly cost
$6,455Land 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.

88%mortgage
Mortgage $2,274Property tax $325Total carry $2,599

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)
$2,207per month

Mortgage amount $399,200 · 4.49% over 25 years

$99,800Down payment (20.0%)
$399,200Loan before insurance
$0CMHC premium
$2,532Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,207
Property tax
$325
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$2,532

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

One-time closing costs

Ontario land transfer tax
$6,455
Estimated closing costs
$6,455

Plus your down payment of $99,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,672/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

$262,974Total interest paid
$662,174Total of all payments
Principal $399,200 Interest $262,974
YearPrincipalInterestBalance
1$8,908$17,578$390,292
2$9,313$17,174$380,979
3$9,736$16,751$371,243
4$10,178$16,309$361,065
5$10,640$15,847$350,425
6$11,123$15,364$339,302
7$11,628$14,859$327,674
8$12,156$14,331$315,518
9$12,708$13,779$302,810
10$13,285$13,202$289,525
11$13,888$12,599$275,637
12$14,519$11,968$261,118
13$15,178$11,309$245,940
14$15,867$10,620$230,073
15$16,587$9,899$213,486
16$17,341$9,146$196,145
17$18,128$8,359$178,017
18$18,951$7,536$159,066
19$19,811$6,675$139,255
20$20,711$5,776$118,544
21$21,651$4,836$96,893
22$22,634$3,853$74,258
23$23,662$2,825$50,596
24$24,736$1,750$25,860
25$25,860$627$0

At the end of your 5-year term

Total paid over the term
$132,435
Principal paid down
$48,775
Interest paid
$83,660
Balance remaining
$350,425

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 65 whole-home leases in Keswick South$2,440/mo
$29,280Gross annual rent
4.2%Cap rate after taxes and upkeep
$2,245 to $2,807Typical rent range
~27 daysTo find a tenant, on average

About the suite: in Keswick South basements rarely rent out (21 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 65 whole-home leases in Keswick South signed at a median of $2,649 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,440. 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.

5.9%
Gross yield
− Property tax $3,895− Insurance $1,400− Vacancy & upkeep $3,221Net operating income $20,764

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

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