5 River Stone Court, East Gwillimbury, ON
Rural East Gwillimbury, East Gwillimbury · MLS® N13858054
About this home
In short
- Virtual Tour Available Exceptional Urban Cottage Living on a Private 2-Acre Estate.
- This distinctive luxury bungalow offers over 6,000 sq ft of living space, nestled on a private, treed 2-acre lot at a quiet cul-de-sac, backing onto a serene wooded...
- The bright, open-concept main floor features 10-ft ceilings, crown moulding, hardwood & tile floors, elegant family room with gas fireplace, built-ins & walkout to...
- Spacious primary retreat with fireplace, walk-in closet & deck access, plus 2 additional bedrooms and a private office.
- Professionally finished walkout lower level features heated floors, 10-ft ceilings, expansive Great Room with wet bar, fireplace & patio walkout, 2 additional...
*Virtual Tour Available* Exceptional Urban Cottage Living on a Private 2-Acre Estate! This distinctive luxury bungalow offers over 6,000 sq ft of living space, nestled on a private, treed 2-acre lot at a quiet cul-de-sac, backing onto a serene wooded ravine with a walking trail. The bright, open-concept main floor features 10-ft ceilings, crown moulding, hardwood & tile floors, elegant family room with gas fireplace, built-ins & walkout to the deck, plus a gourmet kitchen with centre island, stainless steel appliances & adjoining breakfast area. Formal dining room with gas fireplace & bay window. Spacious primary retreat with fireplace, walk-in closet & deck access, plus 2 additional bedrooms and a private office. Professionally finished walkout lower level features heated floors, 10-ft ceilings, expansive Great Room with wet bar, fireplace & patio walkout, 2 additional bedrooms, exercise room & ample storage-ideal for guests or multi-generational living. The spectacular backyard offers a private resort-style setting with in-ground pool, cabana, multiple entertaining areas, mature trees, treehouse & fenced dog run. Custom designed cabin for nature observation! A rare opportunity to enjoy the privacy and recreation of urban cottage living with the comfort and sophistication of a luxury estate.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- N13858054
- Bedrooms
- 3+3 (6 total)
- Bathrooms
- 4 (1 half)
- Size
- 3000-3500 sq ft
- Lot
- 160.89 × 395.43 ft
- Cross streets
- Davis Ave & Warden Ave
- Parking
- 3 garage · 9 parking (built-in)
- Basement
- Finished with Walk-Out, Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Concrete
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Septic
- Pool
- On Ground
- Property tax
- $15,614 / 2026
- Days on market
- 17
- Listing brokerage
- BAY STREET GROUP INC.
Rooms
w/o to patio · large window · combined w/kitchen
gas fireplace · coffered ceiling(s) · overlooks backyard
vaulted ceiling(s) · hardwood floor · 2 way fireplace
walk-in closet(s) · window · hardwood floor
window · hardwood floor · separate room
4 pc ensuite · closet · window
5 pc ensuite · walk-in closet(s) · w/o to patio
4 pc ensuite · closet · window
gas fireplace · large window · hardwood floor
Hardwood Floor
closet · double doors
centre island · family size kitchen · walk-out
above grade window · hardwood floor
window · closet · hardwood floor
b/i appliances · overlooks backyard · family size kitchen
4 Pc Bath
Listed at $4,188,800. Going by how homes in Rural East Gwillimbury and the wider GTA have actually closed against their asking prices (about 96%, 8 local closings in 90 days), the likely sale price is near $4.03M, if it sells. A realistic range is $3.78M to $4.54M.
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 listing describes about 6,000 sq ft, while the size on record is 3000 to 3500 sq ft.
Total price vs nearby homes. Likely closing about $4.03M, from 8 recent closings in this pocket.
The market behind the math:
About 1.9 months of inventory: 5 detached homes for sale in the area against 8 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $1,289/sqft against an area asking average of $904/sqft.
- Walk-out basement apartment features. A finished 3 bed walk-out basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Rural East Gwillimbury: 7 of the 54 detached leases here lately were basement units, around $1,900 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the Town of East Gwillimbury.
- Ravine / green setting. This home is described as backing onto a ravine or green setting. The ravine backing is priced into the comparison. How much it is really worth depends on whether the house sits on table land with the slope well behind it, or drops away right behind it, and that part is my in-person call.
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 8 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $2.02M. 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.
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
- Heated floors: comfort and a premium-finish signal. Lifestyle
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
Based on 8 comparable homes that sold in Rural East Gwillimbury over the past two years, from 73 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 $3.15M, which is where my estimate comes from.
Per square foot, these ask about $904/sqft; this home lists at $1,289/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 East Gwillimbury: $1.15M in September 2026, down 10% from a year ago, on 306 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. East Gwillimbury as a whole: the neighbourhood alone has too few closings for a line of its own.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.27M | 25 |
| November 2025 | $1.25M | 34 |
| December 2025 | $1.25M | 20 |
| January 2026 | $1.03M | 15 |
| February 2026 | $1.24M | 26 |
| March 2026 | $1.14M | 25 |
| April 2026 | $1.10M | 29 |
| May 2026 | $1.10M | 25 |
| June 2026 | $1.18M | 26 |
| July 2026 | $1.16M | 31 |
| August 2026 | $1.05M | 25 |
| September 2026 | $1.15M | 25 |
Neighbourhood & location
Rural East Gwillimbury, 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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $3,351,040 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $18,528
- Property tax
- $1,301
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $19,830
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $91,195
- Estimated closing costs
- $91,195
Plus your down payment of $837,760. 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
- $1,111,709
- Principal paid down
- $409,435
- Interest paid
- $702,273
- Balance remaining
- $2,941,605
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
The suite is real income here: basements rent in Rural East Gwillimbury (7 of 54 recent detached leases were basement units, around $1,900 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,900 a month on top of the upper floors. Permitted use is worth confirming with the city.
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 12 whole-home leases in Rural East Gwillimbury signed at a median of $3,511 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,380. 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 BAY STREET GROUP INC.. MLS®/PropTx.