268 Pasadena Drive, Georgina, ON

Keswick South, Georgina · MLS® N13827822

$685,000
For Sale
Just listed todayNo offer date stated
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3+1Bedrooms
3Bathrooms
1Garage · 5 parking
1100-1500Sq ft

About this home

In short

  • Beautifully Renovated Detached Bungalow Offering A Rare Blend Of Lifestyle And Flexibility In South Keswick.
  • Approximately $170,000 In Recent Renovations And Enhancements, Including Brand-New Appliances, Automatic Sensor Kitchen Faucets, And Premium Automatic Bidet Toilets.
  • Located Approximately A 5-Minute Walk To Lake Simcoe And Close To Transit, Parks, Trails, Schools, Daycares, Shopping, And Restaurants.

Beautifully Renovated Detached Bungalow Offering A Rare Blend Of Lifestyle And Flexibility In South Keswick. The Home Features A Bright Main-Floor Kitchen With Quartz Countertops And Stylish Backsplash. Approximately $170,000 In Recent Renovations And Enhancements, Including Brand-New Appliances, Automatic Sensor Kitchen Faucets, And Premium Automatic Bidet Toilets.Set On A Large, Flat, Highly Usable Lot With Frontage And Access From Two Streets, This Property Offers Exceptional Privacy And Year-Round Convenience. The Double-Frontage Configuration And Expansive Lot Area Enhance Everyday Functionality.The Professionally Landscaped Backyard Features Mature Pine Trees, A Fully Automatic Irrigation System, And A Large Deck Ideal For Entertaining, Barbecues, And Family Gatherings. Located Approximately A 5-Minute Walk To Lake Simcoe And Close To Transit, Parks, Trails, Schools, Daycares, Shopping, And Restaurants.The finished lower level includes a tile floor, window, closet, and storage area, currently used by the owner as part of the principal residence.A Rare Opportunity For Buyers Seeking Comfort, Land Value, And Lifestyle Appeal. Buyer To Conduct Own Due Diligence Regarding Zoning And Structural Capacity.

Key facts

Property type
Detached, Backsplit 3
MLS®
N13827822
Bedrooms
3+1 (4 total)
Bathrooms
3
Size
1100-1500 sq ft
Lot
50.02 × 128.01 ft
Cross streets
The Queensway S / Leslie St
Parking
1 garage · 5 parking (attached)
Basement
Finished, Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Aluminum Siding, Brick
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$4,289 / 2025
Listing brokerage
RE/MAX HALLMARK REALTY LTD.

Rooms

KitchenBasement2.05 × 3.20 m

b/i microwave · window · tile floor

Bedroom 3Upper2.88 × 3.00 m

window · b/i closet · hardwood floor

Primary BedroomUpper3.42 × 3.81 m

b/i closet · 3 pc ensuite · w/o to deck

Bedroom 2Upper3.15 × 3.61 m

b/i closet · window · hardwood floor

KitchenMain2.45 × 4.61 m

b/i microwave · combined w/dining · window

Family RoomBasement4.74 × 3.90 m

fireplace · combined w/kitchen · hardwood floor

Living RoomMain4.85 × 5.03 m

window · combined w/dining · hardwood floor

BedroomBasement3.72 × 2.36 m

3 pc bath · b/i closet · above grade window

Dining RoomMain4.85 × 5.03 m

combined w/kitchen · hardwood floor · walk-out

Our TakeTeam Asgarian · Broker
A small discount is typical
$661Klikely sale price

Listed at $685,000. 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 $661K, if it sells. A realistic range is $619K to $745K.

Independent value check: $707K. Without looking at the asking price, our model values the home itself about 3% above the ask (homes like it typically land between $663K and $741K).

Why $707K. The typical detached home sold in Keswick South over the past year went for about $800K (168 sales). What sets this one apart:

  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▼ Lowers itIt is 1,100 to 1,500 sq ft; the typical home sold here is 1,500 to 2,000.
  • ▼ Lowers itIts tax bill, which follows the city's own assessment, is $4,289 a year; the typical home sold here pays about $5,000.
  • ▼ Lowers it slightly1 garage and 5 total parking spaces, against 2 and 5 typically.
List price
$619KBelow recent closings$745KAbove recent closings

Total price vs nearby homes. Likely closing about $661K, 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
$3,040/moest. rent · 47 leases
5.3%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 4.4 months of inventory: 63 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 $527/sqft against an area asking average of $553/sqft.

  • Separate-entrance basement apartment features. A finished 1 bed basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. In Keswick South basements rarely rent out (21 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 43 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $658K. 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
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.

Read this with carewhy it’s an estimate, not an appraisal

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

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
$777kavg 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 $707K, which is where my estimate comes from.

Per square foot, these ask about $598/sqft; this home lists at $527/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
685kThis home690k699k949k790k755kThis 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
$3,122/mo
$134KIncome needed
5.1×Price ÷ income
$720Weekly cost
$10,175Land 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 $3,122Property tax $357Total carry $3,479

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)
$3,030per month

Mortgage amount $548,000 · 4.49% over 25 years

$137,000Down payment (20.0%)
$548,000Loan before insurance
$0CMHC premium
$3,387Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,030
Property tax
$357
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,387

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

One-time closing costs

Ontario land transfer tax
$10,175
Estimated closing costs
$10,175

Plus your down payment of $137,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,667/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

$360,996Total interest paid
$908,996Total of all payments
Principal $548,000 Interest $360,996
YearPrincipalInterestBalance
1$12,229$24,131$535,771
2$12,784$23,576$522,987
3$13,365$22,995$509,622
4$13,972$22,388$495,650
5$14,606$21,754$481,045
6$15,269$21,091$465,775
7$15,962$20,397$449,813
8$16,687$19,673$433,126
9$17,445$18,915$415,681
10$18,237$18,123$397,444
11$19,065$17,295$378,380
12$19,930$16,429$358,449
13$20,835$15,524$337,614
14$21,781$14,578$315,832
15$22,770$13,589$293,062
16$23,804$12,556$269,258
17$24,885$11,475$244,373
18$26,015$10,345$218,358
19$27,196$9,164$191,162
20$28,431$7,929$162,731
21$29,722$6,638$133,009
22$31,071$5,289$101,938
23$32,482$3,878$69,456
24$33,957$2,403$35,499
25$35,499$861$0

At the end of your 5-year term

Total paid over the term
$181,799
Principal paid down
$66,955
Interest paid
$114,844
Balance remaining
$481,045

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 47 whole-home leases in Keswick South$3,040/mo
$36,480Gross annual rent
3.9%Cap rate after taxes and upkeep
$2,854 to $3,536Typical 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 47 whole-home leases in Keswick South signed at a median of $3,000 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,040. 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.

5.3%
Gross yield
− Property tax $4,289− Insurance $1,400− Vacancy & upkeep $4,013Net operating income $26,778

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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