87 Sibbald Crescent, Georgina, ON

Sutton & Jackson's Point, Georgina · MLS® N13852756

$749,000
For Sale
Listed 18 days agoNo offer date stated
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2Bedrooms
1Bathrooms
2Parking
1100-1500Sq ft

About this home

In short

  • Welcome to 87 Sibbald Cres.
  • 2 minute boat ride to Lake Simcoe.
  • On the River so Boat Dock will be protected in the winter!- An exceptional waterfront property offering 100 feet of frontage and 300 feet of depth on the scenic Black...
  • Highlights: -100' x 30' waterfront lot on the Black River -Direct Access to Lake Simcoe -Bungalow stripped to the studs, ready for your vision -Drilled well, natural...

Welcome to 87 Sibbald Cres. 2 minute boat ride to Lake Simcoe! On the River so Boat Dock will be protected in the winter!- An exceptional waterfront property offering 100 feet of frontage and 300 feet of depth on the scenic Black River, with direct boating access to Lake Simcoe. This bungalow has been taken down to the studs, giving you a true blank canvas to create the waterfront home you've always envisioned. Whether you're looking to complete a modest, charming riverfront cottage or design and build your dream waterfront residence, the hard work of demolition has already been started. Adding even more value, the property comes with approved minor variance drawings for a detached garage with a storage loft above, offering flexibility for additional space, hobbies, etc. Set on a peaceful stretch of the Black River, you'll enjoy boating, kayaking, fishing, and breathtaking waterfront views, all while being just minutes from shopping, restaurants, and the renownedBriars Golf Club and Resort community. Whether you're dreaming of a cozy waterfront retreat or a spectacular custom home, opportunities like this - with generous frontage, river access and must of the groundwork already completed - are increasingly rare. Bring your vision and make this incredible waterfront property your own. Highlights: -100' x 30' waterfront lot on the Black River -Direct Access to Lake Simcoe -Bungalow stripped to the studs, ready for your vision -Drilled well, natural gas, and 100-amp electrical service, Approved minor variance and drawings for detached garage with loft/storage above, Close to shopping, dining, golf, and year-round recreation - has a boat inlet (past boat house (grandfathered-in so can re-build)! Recognized by Lake Simcoe Conservation Authority! **Some pics are AI generated

Key facts

Property type
Detached, Bungalow
MLS®
N13852756
Bedrooms
2
Bathrooms
1
Size
1100-1500 sq ft
Lot
100 × 300 ft
Cross streets
SIBBALD CRES AND HEDGE ROAD
Parking
2 parking
Driveway
Front Yard Parking
Basement
Full
Heating
Baseboard
A/C
Central Air
Exterior
Wood
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Septic
Property tax
$5,657 / 2026
Days on market
18
Listing brokerage
KONFIDIS
Our TakeTeam Asgarian · Broker
A small discount is typical
$724Klikely sale price

Listed at $749,000. Going by how homes in Sutton & Jackson's Point 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 $724K, if it sells. A realistic range is $679K to $816K.

Independent value check: $671K. Without looking at the asking price, our model values the home itself about 10% below the ask (homes like it typically land between $629K and $703K).

Why $671K. The typical detached home sold in Sutton & Jackson's Point over the past year went for about $810K (113 sales). What sets this one apart:

  • ▲ Raises it stronglyIts lot is 100 by 300 ft; the typical lot sold here is 60 by 124.
  • ▼ Lowers it strongly2 bedrooms and 1 baths, against 3+1 and 3 typically.
  • ▲ Raises itIts tax bill, which follows the city's own assessment, is $5,657 a year; the typical home sold here pays about $4,600.
  • ▼ Lowers itIt is 1,100 to 1,500 sq ft; the typical home sold here is 1,500 to 2,000.
List price
$679KBelow recent closings$816KAbove recent closings

Total price vs nearby homes. Likely closing about $724K, from 29 recent closings in this pocket.

The market behind the math:

29sold nearby · 90 days
$815Kmedian sold price
94%of asking, on average
+7%prices vs a year ago
~50 dayshomes like this take to sell
18days on market so far
$2,460/moest. rent · 16 leases
3.9%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.8 months of inventory: 17 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 $576/sqft against an area asking average of $442/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 $742K. Condition and finishes remain an in-person call.

Based on 29 comparable homes that sold in Sutton & Jackson's Point over the past two years, from 221 closings there.

What sellers nearby are askingCurrently listed nearby in Sutton & Jackson's Point · asking prices
$582kavg 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 $671K, which is where my estimate comes from.

Per square foot, these ask about $448/sqft; this home lists at $576/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
749kThis home545k878k548k509k429kThis home vs active comparables

Sold price trend

Median sold price for detached homes in Sutton & Jackson's Point: $815K in September 2026, down 1% from a year ago, on 105 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$813K6
November 2025$765K11
December 2025$835K5
February 2026$868K6
March 2026$785K7
April 2026$822K10
May 2026$867K12
June 2026$755K17
July 2026$832K17
August 2026$740K8
September 2026$815K6

Neighbourhood & location

Sutton & Jackson's Point, 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.

Virginia
$683K
Historic Lakeshore Communities
$1.04M
Pefferlaw
$808K
Keswick North
$960K
Keswick South
$860K

Typical asking price of active listings of the same type, per area (outliers removed). Georgina.

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

Affordability & Mortgage

Affordability
$3,414/mo
$149KIncome needed
5.0×Price ÷ income
$788Weekly cost
$11,455Land 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 $3,414Property tax $471Total carry $3,885

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,313per month

Mortgage amount $599,200 · 4.49% over 25 years

$149,800Down payment (20.0%)
$599,200Loan before insurance
$0CMHC premium
$3,784Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,313
Property tax
$471
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,784

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

One-time closing costs

Ontario land transfer tax
$11,455
Estimated closing costs
$11,455

Plus your down payment of $149,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,010/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

$394,724Total interest paid
$993,924Total of all payments
Principal $599,200 Interest $394,724
YearPrincipalInterestBalance
1$13,372$26,385$585,828
2$13,979$25,778$571,850
3$14,613$25,144$557,236
4$15,277$24,480$541,959
5$15,971$23,786$525,989
6$16,696$23,061$509,293
7$17,454$22,303$491,839
8$18,246$21,511$473,593
9$19,075$20,682$454,519
10$19,941$19,816$434,578
11$20,846$18,911$413,732
12$21,793$17,964$391,939
13$22,782$16,975$369,157
14$23,816$15,940$345,341
15$24,898$14,859$320,443
16$26,028$13,729$294,415
17$27,210$12,547$267,204
18$28,446$11,311$238,759
19$29,737$10,020$209,022
20$31,087$8,670$177,935
21$32,499$7,258$145,436
22$33,974$5,783$111,462
23$35,517$4,240$75,945
24$37,129$2,627$38,815
25$38,815$942$0

At the end of your 5-year term

Total paid over the term
$198,785
Principal paid down
$73,211
Interest paid
$125,574
Balance remaining
$525,989

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 16 whole-home leases in Sutton & Jackson's Point$2,460/mo
$29,520Gross annual rent
2.6%Cap rate after taxes and upkeep
$2,184 to $2,621Typical rent range
~21 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 16 whole-home leases in Sutton & Jackson's Point signed at a median of $2,575 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,460. 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.

3.9%
Gross yield
− Property tax $5,657− Insurance $1,400− Vacancy & upkeep $3,247Net operating income $19,216

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

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