25 Morton Avenue, East Gwillimbury, ON

Sharon, East Gwillimbury · MLS® N13858972

$1,589,000
For Sale
Listed 16 days agoNo offer date stated
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5Bedrooms
4Bathrooms
1.5Garage · 7 parking
2000-2500Sq ft

About this home

In short

  • Welcome to 25 Morton Avenue a beautifully renovated and meticulously upgraded home nestled in a quiet, mature, tree-lined Sharon neighbourhood.
  • The open-concept main floor boasts soaring partial cathedral ceilings, custom wood flooring, solid wood trim, a cozy wood-burning fireplace, and a brand-new custom...
  • Behind the scenes, the home has been heavily upgraded with a completely replaced electrical system (aluminum wiring removed), brand-new plumbing replacing old copper...
  • The private backyard is an entertainer's oasis complete with professional landscaping, stonework, a restored waterfall, a bromine hot tub, brand-new front and back...
  • Complete with custom fencing, new main-floor and basement windows featuring 4-mil security glass, hardwired security cameras, and an alarm system, this is a truly...

Welcome to 25 Morton Avenue a beautifully renovated and meticulously upgraded home nestled in a quiet, mature, tree-lined Sharon neighbourhood. Featuring a comprehensive, top-to-bottom redesign, this property blends modern comfort with complete mechanical peace of mind. The open-concept main floor boasts soaring partial cathedral ceilings, custom wood flooring, solid wood trim, a cozy wood-burning fireplace, and a brand-new custom kitchen with a center island and premium appliances. Every detail has been thoughtfully addressed, including four brand-new bathrooms featuring a basement spa retreat with a steam shower and sauna alongside three new staircases, custom remote blinds, and hardwired internet in every bedroom. Behind the scenes, the home has been heavily upgraded with a completely replaced electrical system (aluminum wiring removed), brand-new plumbing replacing old copper and cast iron, a new HVAC venting system, a water softener and reverse osmosis setup, enhanced sump and septic pumps, and a restored flat roof with a terrace parapet. The private backyard is an entertainer's oasis complete with professional landscaping, stonework, a restored waterfall, a bromine hot tub, brand-new front and back decks, and a fully insulated and powered backyard shed offering versatile extra space. Complete with custom fencing, new main-floor and basement windows featuring 4-mil security glass, hardwired security cameras, and an alarm system, this is a truly turn-key home ready for you to move right in.

Key facts

Property type
Detached, 1 1/2 Storey
MLS®
N13858972
Bedrooms
5
Bathrooms
4 (1 half)
Size
2000-2500 sq ft
Lot
122 × 124.5 ft
Cross streets
Leslie / Mount Albert
Parking
1.5 garage · 7 parking (detached)
Driveway
Private
Basement
Finished, Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Septic
Property tax
$5,370 / 2026
Days on market
16
Listing brokerage
EXP REALTY

Rooms

Bedroom 3Second3.65 × 4.03 m
Bedroom 4Second3.60 × 3.60 m
RecreationBasement5.82 × 7.26 m
Bedroom 2Main3.40 × 2.78 m
Bedroom 5Basement3.79 × 3.50 m
BreakfastMain7.67 × 3.46 m

Combined w/Living

KitchenMain3.50 × 3.04 m
Primary BedroomMain4.10 × 4.08 m
Living RoomMain7.67 × 3.46 m

Combined w/Br

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.53Mlikely sale price

Listed at $1,589,000. Going by how homes in Sharon and the wider GTA have actually closed against their asking prices (about 96%, 10 local closings in 90 days), the likely sale price is near $1.53M, if it sells. A realistic range is $1.43M to $1.73M.

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
$1.43MBelow recent closings$1.73MAbove recent closings

Total price vs nearby homes. Likely closing about $1.53M, from 10 recent closings in this pocket.

The market behind the math:

10sold nearby · 90 days
$1.16Mmedian sold price
92%of asking, on average
−16%prices vs a year ago
~25 dayshomes like this take to sell
16days on market so far
$3,940/moest. rent · 25 leases
3.0%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 9 months of inventory: 30 detached homes for sale in the area against 10 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 $706/sqft against an area asking average of $572/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 10 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.00M. 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. 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
Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in Sharon, so I widened the search to the surrounding area.

Based on 10 comparable homes that sold in Sharon over the past two years, from 109 closings there.

What sellers nearby are askingCurrently listed nearby in Sharon · asking prices
$1.23Mavg 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 $1.23M, which is where my estimate comes from.

Per square foot, these ask about $502/sqft; this home lists at $706/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.59MThis home1.20M1.10M1.29M1.40M1.15MThis home vs active comparables

Sold 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.

Oct 25Sep 26

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
MonthMedian soldClosings
October 2025$1.27M25
November 2025$1.25M34
December 2025$1.25M20
January 2026$1.03M15
February 2026$1.24M26
March 2026$1.14M25
April 2026$1.10M29
May 2026$1.10M25
June 2026$1.18M26
July 2026$1.16M31
August 2026$1.05M25
September 2026$1.15M25

Neighbourhood & location

Sharon, 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
Holland Landing
$1.20M
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
$7,242/mo
$292KIncome needed
5.4×Price ÷ income
$1,671Weekly cost
$28,255Land 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.

94%mortgage
Mortgage $7,242Property tax $447Total carry $7,690

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$7,029per month

Mortgage amount $1,271,200 · 4.49% over 25 years

$317,800Down payment (20.0%)
$1,271,200Loan before insurance
$0CMHC premium
$7,476Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,029
Property tax
$448
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,476

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

One-time closing costs

Ontario land transfer tax
$28,255
Estimated closing costs
$28,255

Plus your down payment of $317,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$8,507/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

$837,405Total interest paid
$2,108,605Total of all payments
Principal $1,271,200 Interest $837,405
YearPrincipalInterestBalance
1$28,368$55,976$1,242,832
2$29,656$54,688$1,213,176
3$31,002$53,342$1,182,174
4$32,410$51,934$1,149,764
5$33,881$50,463$1,115,883
6$35,420$48,924$1,080,463
7$37,028$47,316$1,043,435
8$38,709$45,635$1,004,726
9$40,467$43,877$964,259
10$42,304$42,040$921,955
11$44,225$40,119$877,730
12$46,233$38,111$831,497
13$48,332$36,012$783,165
14$50,527$33,818$732,639
15$52,821$31,524$679,818
16$55,219$29,125$624,599
17$57,726$26,618$566,873
18$60,347$23,997$506,526
19$63,087$21,257$443,439
20$65,951$18,393$377,488
21$68,946$15,398$308,542
22$72,076$12,268$236,465
23$75,349$8,995$161,116
24$78,770$5,574$82,346
25$82,346$1,998$0

At the end of your 5-year term

Total paid over the term
$421,721
Principal paid down
$155,317
Interest paid
$266,404
Balance remaining
$1,115,883

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 25 whole-home leases in Sharon$3,940/mo
$47,280Gross annual rent
2.2%Cap rate after taxes and upkeep
$3,663 to $4,162Typical rent range
~20 daysTo find a tenant, on average

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

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 25 whole-home leases in Sharon signed at a median of $4,036 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,940. 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.

3.0%
Gross yield
− Property tax $5,370− Insurance $1,400− Vacancy & upkeep $5,201Net operating income $35,310

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

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