48 Terrain Court, East Gwillimbury, ON
Holland Landing, East Gwillimbury · MLS® N13829372
About this home
In short
- WELCOME TO THE BLACK ASH - BUNGALOW LIVING AT ITS BEST.
- This future new built, all-brick 1,328 sq. ft. bungalow by FirstView Homes sits on an impressive 40' x 127' deep lot backing onto open space, offering exceptional...
- Thoughtfully designed with 2 bedrooms plus a home office, this bright, open-concept layout features 9' smooth ceilings throughout, a spacious Great Room and a...
- The primary bedroom offers a walk-in closet and private 3-piece ensuite with walk-in shower.
- An oak-stained staircase leads to the unfinished basement, complete with a cold cellar and plenty of space to create a future recreation room, additional living space...
WELCOME TO THE BLACK ASH - BUNGALOW LIVING AT ITS BEST! This future new built, all-brick 1,328 sq. ft. bungalow by FirstView Homes sits on an impressive 40' x 127' deep lot backing onto open space, offering exceptional backyard privacy. Thoughtfully designed with 2 bedrooms plus a home office, this bright, open-concept layout features 9' smooth ceilings throughout, a spacious Great Room and a beautiful kitchen complete with tall upper cabinetry and quartz countertops. Enjoy the convenience of main-floor laundry and direct access from the garage into the home. The primary bedroom offers a walk-in closet and private 3-piece ensuite with walk-in shower. An oak-stained staircase leads to the unfinished basement, complete with a cold cellar and plenty of space to create a future recreation room, additional living space or storage tailored to your needs. Set within a welcoming community surrounded by walking trails and parks, with shopping, restaurants and everyday amenities close by, plus convenient access to the Newmarket GO Station. A fantastic opportunity to own a brand-new bungalow on a deep, private lot - exceptional value that's becoming increasingly hard to find!
Key facts
- Property type
- Detached, Bungalow
- MLS®
- N13829372
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 1100-1500 sq ft
- Lot
- 11.94 × 39.05 ft
- Cross streets
- Dogwood Blvd & Holland Vista St
- Parking
- 2 garage · 4 parking (built-in)
- Driveway
- Private
- Basement
- Full, Unfinished
- Heating
- Forced Air
- A/C
- None
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Days on market
- 24
- Listing brokerage
- COLDWELL BANKER RONAN REALTY
Rooms
ceramic floor · closet
hardwood floor · sliding doors
ceramic floor · open concept
broadloom · walk-in closet(s) · 3 pc ensuite
ceramic floor · quartz counter · centre island
broadloom · closet
Ceramic Floor
Hardwood Floor
Listed at $899,900 with no offer date. Going by how homes here have actually closed against their asks, the likely sale price is $874K, typically $819K to $985K. Comparable closings on their own put this home around $924K, which supports the ask, so this is a firm read.
Total price vs nearby homes. Likely closing about $874K, from 29 recent closings in this pocket.
The market behind the math:
About 0.6 months of inventory: 6 detached homes for sale in the area against 29 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $692/sqft against an area asking average of $854/sqft.
How this estimate is builtthe short version
I take the 29 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), then use the median, which is steadier than leaning on any single sale.
It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call.
What the listing highlights3 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
- Primary suite: a key comfort and resale feature. Lifestyle
- Open-concept layout: modern, sought-after flow. Lifestyle
Based on 29 comparable homes that sold in Holland Landing over the past two years, from 236 closings there.
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 $924K, which is where my estimate comes from.
Per square foot, these ask about $808/sqft; this home lists at $692/sqft. Size is part of the price story, not just the sticker.
The 5 closest active listings nearby.
See all comparable homesSold price trend
Median sold price for detached homes in Holland Landing: $1.15M in September 2026, down 6% from a year ago, on 113 closings in 11 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.27M | 9 |
| November 2025 | $1.25M | 17 |
| December 2025 | $1.16M | 10 |
| February 2026 | $1.13M | 9 |
| March 2026 | $1.24M | 9 |
| April 2026 | $938K | 6 |
| May 2026 | $1.13M | 8 |
| June 2026 | $1.12M | 9 |
| July 2026 | $1.22M | 13 |
| August 2026 | $1.12M | 12 |
| September 2026 | $1.15M | 11 |
Neighbourhood & location
Holland Landing, East Gwillimbury, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
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
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.
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
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $719,920 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,981
- Estimated property tax
- $562
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,543
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $14,473
- Estimated closing costs
- $14,473
Plus your down payment of $179,980. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $238,834
- Principal paid down
- $87,961
- Interest paid
- $150,873
- Balance remaining
- $631,959
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 14 whole-home leases in Holland Landing signed at a median of $1,750 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $1,493. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of COLDWELL BANKER RONAN REALTY. MLS®/PropTx.