109-166 Olive Street, East Gwillimbury, ON

Holland Landing, East Gwillimbury · MLS® N13845700

$499,900
For Sale
Listed 19 days agoNo offer date stated
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2Bedrooms
1Bathrooms
1Parking
800-899Sq ft

About this home

In short

  • Welcome to 166 Olive Street, Unit 109, a beautifully presented ground-floor residence offering over 850 sq. ft. of thoughtfully designed living space in the desirable...
  • The open-concept living and dining areas provide an easy, versatile setting for both everyday living and entertaining, while the well-appointed kitchen features...
  • The recently remodelled 4-piece bathroom adds a fresh, contemporary touch and the spacious in-suite storage/laundry area is equipped with a washer and dryer for...
  • No need here to use the common entrances or the elevator.
  • Ideally situated in Holland Landing, this welcoming condominium is close to shopping, dining, parks, schools, transit and the many amenities of nearby Newmarket.

Welcome to 166 Olive Street, Unit 109, a beautifully presented ground-floor residence offering over 850 sq. ft. of thoughtfully designed living space in the desirable community of Holland Landing. With its tall ceilings, fresh neutral décor and abundant natural light, this inviting two-bedroom suite offers a wonderful blend of style, comfort and convenience.The open-concept living and dining areas provide an easy, versatile setting for both everyday living and entertaining, while the well-appointed kitchen features stainless steel appliances and ample cabinetry. The recently remodelled 4-piece bathroom adds a fresh, contemporary touch and the spacious in-suite storage/laundry area is equipped with a washer and dryer for exceptional everyday convenience. A rare advantage of this ground-floor location is the direct, convenient access from the suite to the beautifully maintained grounds creating an effortless connection to the outdoors and a lovely extension of the living space. No need here to use the common entrances or the elevator. The unit also includes one exclusive parking space, just a couple of steps from the private entrance and a private locker providing valuable additional storage. A community barbeque and gazebo makes for additional outdoor space for residence to enjoy. Ideally situated in Holland Landing, this welcoming condominium is close to shopping, dining, parks, schools, transit and the many amenities of nearby Newmarket. Whether you're a first-time buyer, downsizer, investor or simply looking for a low-maintenance lifestyle (no more grass cutting and shoveling) this exceptional residence offers an appealing combination of space, modern updates and convenience in a highly desirable setting. Move-in ready and easy to love, this is affordable condominium living at its best.

Key facts

Property type
Condo Apartment, 1 Storey/Apt
MLS®
N13845700
Bedrooms
2
Bathrooms
1
Size
800-899 sq ft
Cross streets
Olive/Yonge
Parking
1 parking
Basement
None
Heating
Baseboard
A/C
Wall Unit(s)
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Maintenance
$640/mo
Exposure
South
Property tax
$2,026 / 2025
Days on market
19
Listing brokerage
RE/MAX HALLMARK YORK GROUP REALTY LTD.

Rooms

Living RoomMain5.00 × 3.08 m

laminate · open concept · bay window

Bedroom 2Main3.40 × 2.30 m

laminate · ceiling fan(s) · double closet

LaundryMain2.70 × 1.70 m

tile floor · combined w/laundry

KitchenMain4.10 × 3.10 m

ceramic floor · pot lights · stainless steel appl

Dining RoomMain3.30 × 2.30 m

laminate · ceiling fan(s) · open concept

Primary BedroomMain4.00 × 3.00 m

laminate · double closet · ceiling fan(s)

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
What sellers nearby are askingCurrently listed nearby in Holland Landing · asking prices
$449kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market.

The 1 closest active listing nearby.

See all comparable homes
500kThis home449kThis home vs active comparables

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.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$2,278/mo
$108KIncome needed
4.6×Price ÷ income
$526Weekly cost
$6,473Land 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.

74%mortgage
Mortgage $2,278Property tax $169Condo fee $640Total carry $3,087

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)
$2,211per month

Mortgage amount $399,920 · 4.49% over 25 years

$99,980Down payment (20.0%)
$399,920Loan before insurance
$0CMHC premium
$3,020Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,211
Property tax
$169
Condo / maintenance fees
$640
Heating
$0
Estimated monthly cost
$3,020

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

One-time closing costs

Ontario land transfer tax
$6,473
Estimated closing costs
$6,473

Plus your down payment of $99,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,676/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

$263,448Total interest paid
$663,368Total of all payments
Principal $399,920 Interest $263,448
YearPrincipalInterestBalance
1$8,925$17,610$390,995
2$9,330$17,205$381,666
3$9,753$16,781$371,912
4$10,196$16,339$361,716
5$10,659$15,876$351,057
6$11,143$15,392$339,914
7$11,649$14,886$328,265
8$12,178$14,357$316,087
9$12,731$13,804$303,356
10$13,309$13,226$290,047
11$13,913$12,622$276,134
12$14,545$11,990$261,589
13$15,205$11,329$246,384
14$15,896$10,639$230,488
15$16,617$9,917$213,871
16$17,372$9,163$196,499
17$18,161$8,374$178,338
18$18,985$7,550$159,353
19$19,847$6,688$139,506
20$20,748$5,786$118,758
21$21,690$4,844$97,067
22$22,675$3,859$74,392
23$23,705$2,830$50,687
24$24,781$1,754$25,906
25$25,906$628$0

At the end of your 5-year term

Total paid over the term
$132,674
Principal paid down
$48,863
Interest paid
$83,811
Balance remaining
$351,057

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
Estimate$2,700/mo
$32,400Gross annual rent
3.7%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

6.5%
Gross yield
− Property tax $2,026− Condo fees $7,682− Insurance $600− Vacancy & upkeep $3,564Net operating income $18,528

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX HALLMARK YORK GROUP REALTY LTD.. MLS®/PropTx.

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