8 Hadden Road, Georgina, ON

Virginia, Georgina · MLS® N13859082

$299,000
For Sale
Listed 15 days agoNo offer date stated

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About this home

In short

  • Build your dream home just steps from the sparkling shores of Lake Simcoe with private access.
  • This prime 60 by 150 foot building lot is situated in the sought-after Virginia community of Georgina, offering a rare opportunity for builders, investors, or...
  • Residents can enjoy a serene, slower-paced lifestyle while remaining conveniently connected, located only 45 minutes from Toronto.
  • Walk to 5 renowned beaches.

Build your dream home just steps from the sparkling shores of Lake Simcoe with private access! This prime 60 by 150 foot building lot is situated in the sought-after Virginia community of Georgina, offering a rare opportunity for builders, investors, or families looking for a custom lakeside retreat.The heavy lifting has already been done for you-building permits have been applied for and approved, allowing you to bypass lengthy administrative delays and start construction immediately. The property is located just a few houses away from Lake Simcoe. Residents can enjoy a serene, slower-paced lifestyle while remaining conveniently connected, located only 45 minutes from Toronto. The location is a paradise for outdoor enthusiasts, featuring close proximity to the Virginia Beach Marina and boat launch for easy water access. You are minutes away from local favorites like the Boondocks Eatery, Sibbald Point Provincial Park, and ferry to Georgina Islands. Daily conveniences are within easy reach, nearby shops, gas stations, and parks. Walk to 5 renowned beaches! Whether you are looking to build a year-round residence or a weekend getaway, this shovel-ready lot provides the perfect canvas. Embrace the lakeside lifestyle you have been dreaming of in a community known for its charm, fishing, and stunning sunsets. This is a truly special chance to secure land in a high-demand area with all the preliminary approvals in place.

Key facts

Property type
Other, Other
MLS®
N13859082
Lot
60 × 150.41 ft
Cross streets
Black River and Hadden
Property tax
$1,727 / 2026
Days on market
15
Listing brokerage
RE/MAX ADVANCE REALTY
Our TakeTeam Asgarian · Broker
No automatic estimate

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Neighbourhood & location

Virginia, Georgina, ON

CommuteTime from this home to where you spend your day

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Affordability & Mortgage

Affordability
$1,363/mo
$60KIncome needed
5.0×Price ÷ income
$314Weekly cost
$2,960Land 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.

90%mortgage
Mortgage $1,363Property tax $144Total carry $1,507

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)
$1,323per month

Mortgage amount $239,200 · 4.49% over 25 years

$59,800Down payment (20.0%)
$239,200Loan before insurance
$0CMHC premium
$1,466Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,323
Property tax
$144
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$1,466

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

One-time closing costs

Ontario land transfer tax
$2,960
Estimated closing costs
$2,960

Plus your down payment of $59,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$1,601/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

$157,573Total interest paid
$396,773Total of all payments
Principal $239,200 Interest $157,573
YearPrincipalInterestBalance
1$5,338$10,533$233,862
2$5,580$10,291$228,282
3$5,834$10,037$222,448
4$6,099$9,772$216,350
5$6,375$9,496$209,974
6$6,665$9,206$203,309
7$6,968$8,903$196,342
8$7,284$8,587$189,058
9$7,615$8,256$181,443
10$7,960$7,911$173,483
11$8,322$7,549$165,161
12$8,700$7,171$156,462
13$9,095$6,776$147,367
14$9,508$6,363$137,860
15$9,939$5,932$127,920
16$10,390$5,480$117,530
17$10,862$5,009$106,668
18$11,355$4,516$95,312
19$11,871$4,000$83,441
20$12,410$3,461$71,031
21$12,973$2,897$58,058
22$13,563$2,308$44,495
23$14,178$1,693$30,317
24$14,822$1,049$15,495
25$15,495$376$0

At the end of your 5-year term

Total paid over the term
$79,355
Principal paid down
$29,226
Interest paid
$50,129
Balance remaining
$209,974

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.

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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$2,650/mo
$31,800Gross annual rent
8.4%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.

10.6%
Gross yield
− Property tax $1,727− Insurance $1,400− Vacancy & upkeep $3,498Net operating income $25,175

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

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