23 Marlene Johnston Drive, East Gwillimbury, ON

Holland Landing, East Gwillimbury · MLS® N13843064

$1,599,000
For Sale
Listed 19 days agoNo offer date stated
5Bedrooms
4Bathrooms
2Garage · 4 parking
3000-3500Sq ft

About this home

In short

  • From its impressive proportions to its magazine-worthy finishes, this approx.
  • 3,400 sq ft home feels every bit as exceptional as it looks.
  • The main floor is bright, spacious & beautifully finished, with 10 ft ceilings, hardwood floors, upgraded lighting & large windows bringing in plenty of natural light.
  • Built in 2022 & set on a 45-foot-wide lot with a double garage, the home also offers a full unfinished basement ready for whatever additional space your family may...
  • Located in Holland Landing, you're close to parks, schools & everyday amenities, with the East Gwillimbury GO Station & Highways 404 & 400 all within easy reach.

From its impressive proportions to its magazine-worthy finishes, this approx. 3,400 sq ft home feels every bit as exceptional as it looks. Offering 5 bedrooms, 4 bathrooms & beautifully designed living spaces throughout, the layout delivers the space a family needs with the polished finishes & thoughtful details that make it stand apart. The main floor is bright, spacious & beautifully finished, with 10 ft ceilings, hardwood floors, upgraded lighting & large windows bringing in plenty of natural light. A dedicated office provides an ideal work-from-home space, while the separate dining room is perfectly suited to everything from family dinners to entertaining. At the heart of the home is a gorgeous kitchen designed to be both impressive & incredibly functional. An oversized centre island, quartz counters, stainless steel appliances, gas cooktop, double ovens & bar fridge are complemented by a butler's pantry & an abundance of counter & storage space. Open to the family room with a gas fireplace, it's a space made for gathering, while a walkout provides easy access to the fenced backyard. Main-floor laundry with direct garage access adds everyday convenience. Upstairs, the generous proportions continue. The impressive primary suite offers plenty of room to create a true retreat, with his-and-hers closets & a large five-piece ensuite. 4 additional bedrooms provide incredible flexibility for a large or growing family, with plenty of room for children, teenagers, guests or additional work-from-home space. Built in 2022 & set on a 45-foot-wide lot with a double garage, the home also offers a full unfinished basement ready for whatever additional space your family may need in the future. Located in Holland Landing, you're close to parks, schools & everyday amenities, with the East Gwillimbury GO Station & Highways 404 & 400 all within easy reach. Designer style, serious square footage & a location that keeps you connected, this is family living done exceptionally well.

Key facts

Property type
Detached, 2-Storey
MLS®
N13843064
Bedrooms
5
Bathrooms
4 (1 half)
Size
3000-3500 sq ft
Lot
44.98 × 91.92 ft
Cross streets
Crimson King Way & Hwy 11
Parking
2 garage · 4 parking (attached)
Driveway
Private
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,955 / 2026
Days on market
19
Listing brokerage
REAL BROKER ONTARIO LTD.

Rooms

Bedroom 5Second3.89 × 3.67 m

semi ensuite · double closet · hardwood floor

Dining RoomMain3.82 × 3.27 m

combined w/living · hardwood floor · pot lights

KitchenMain5.87 × 4.93 m

stainless steel appl · centre island · w/o to yard

Bedroom 4Second4.28 × 3.15 m

semi ensuite · double closet · hardwood floor

Bedroom 3Second3.29 × 3.07 m

semi ensuite · double closet · hardwood floor

OfficeMain2.76 × 2.92 m

hardwood floor · overlooks frontyard

Family RoomMain5.31 × 5.17 m

gas fireplace · hardwood floor · pot lights

Living RoomMain3.82 × 3.11 m

combined w/dining · hardwood floor · pot lights

Primary BedroomSecond6.58 × 6.12 m

5 pc ensuite · his and hers closets · hardwood floor

LaundryMain3.66 × 2.20 m

access to garage · laundry sink

Bedroom 2Second4.92 × 3.60 m

semi ensuite · w/o to balcony · walk-in closet(s)

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.55Mlikely sale price

Listed at $1,599,000. Going by how homes in Holland Landing and the wider GTA have actually closed against their asking prices (about 97%, 29 local closings in 90 days), the likely sale price is near $1.55M, if it sells. A realistic range is $1.46M to $1.75M.

Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The usual reason is something the record cannot show: a rebuild, a second unit, or a lot or setting unlike the homes around it.

List price
$1.46MBelow recent closings$1.75MAbove recent closings

Total price vs nearby homes. Likely closing about $1.55M, from 29 recent closings in this pocket.

The market behind the math:

29sold nearby · 90 days
$1.15Mmedian sold price
97%of asking, on average
−7%prices vs a year ago
~22 dayshomes like this take to sell
19days on market so far
$3,844/moest. rent · 80 leases
2.9%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3.1 months of inventory: 30 detached homes for sale in the area against 29 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 $492/sqft against an area asking average of $468/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 29 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.35M. Condition and finishes remain an in-person call.

What the listing highlights5 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
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($492/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 29 comparable homes that sold in Holland Landing over the past two years, from 236 closings there.

What sellers nearby are askingCurrently listed nearby in Holland Landing · asking prices
$1.57Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $483/sqft; this home lists at $492/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
1.60MThis home1.60M1.79M1.39M1.50MThis home vs active comparables

Sold 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.

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$1.27M9
November 2025$1.25M17
December 2025$1.16M10
February 2026$1.13M9
March 2026$1.24M9
April 2026$938K6
May 2026$1.13M8
June 2026$1.12M9
July 2026$1.22M13
August 2026$1.12M12
September 2026$1.15M11

Neighbourhood & location

Holland Landing, East Gwillimbury, 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.

Queensville
$1.35M
Sharon
$1.55M
Rural East Gwillimbury
$2.19M
Mt Albert
$1.10M

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

Affordability
$7,288/mo
$299KIncome needed
5.4×Price ÷ income
$1,682Weekly cost
$28,455Land 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.

93%mortgage
Mortgage $7,288Property tax $580Total carry $7,867

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$7,073per month

Mortgage amount $1,279,200 · 4.49% over 25 years

$319,800Down payment (20.0%)
$1,279,200Loan before insurance
$0CMHC premium
$7,652Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,073
Property tax
$580
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,652

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

One-time closing costs

Ontario land transfer tax
$28,455
Estimated closing costs
$28,455

Plus your down payment of $319,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$8,561/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

$842,675Total interest paid
$2,121,875Total of all payments
Principal $1,279,200 Interest $842,675
YearPrincipalInterestBalance
1$28,546$56,329$1,250,654
2$29,842$55,033$1,220,811
3$31,197$53,678$1,189,614
4$32,614$52,261$1,157,000
5$34,095$50,780$1,122,905
6$35,643$49,232$1,087,263
7$37,261$47,614$1,050,002
8$38,953$45,922$1,011,049
9$40,721$44,154$970,327
10$42,570$42,305$927,757
11$44,503$40,372$883,254
12$46,524$38,351$836,730
13$48,636$36,239$788,094
14$50,844$34,031$737,249
15$53,153$31,722$684,096
16$55,566$29,309$628,530
17$58,089$26,786$570,441
18$60,727$24,148$509,714
19$63,484$21,391$446,230
20$66,366$18,509$379,863
21$69,380$15,495$310,483
22$72,530$12,345$237,953
23$75,823$9,052$162,130
24$79,266$5,609$82,865
25$82,865$2,010$0

At the end of your 5-year term

Total paid over the term
$424,375
Principal paid down
$156,295
Interest paid
$268,080
Balance remaining
$1,122,905

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 80 whole-home leases in Holland Landing$3,844/mo
$46,128Gross annual rent
2.0%Cap rate after taxes and upkeep
$3,638 to $4,036Typical rent range
~19 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 80 whole-home leases in Holland Landing signed at a median of $3,500 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,844. 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.

2.9%
Gross yield
− Property tax $6,955− Insurance $1,400− Vacancy & upkeep $5,074Net operating income $32,699

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

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