25 Mainprize Crescent, East Gwillimbury, ON

Mt Albert, East Gwillimbury · MLS® N14029706

$699,999
For Sale
Listed 6 days agoNo offer date stated
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3Bedrooms
2Bathrooms
1Garage · 3 parking
1100-1500Sq ft

About this home

In short

  • A park out front, open space behind, and a large backyard to enjoy, this fully renovated 3-bedroom, 2-bathroom Mount Albert townhouse offers room to grow inside and out.
  • Inviting farmhouse-style touches complement a spacious, fully renovated kitchen, updated windows and bathrooms, heated floors in the 4-piece bathroom, pot lights...
  • A welcoming place to put down roots and enjoy Mount Albert's small-town charm.Key Updates:- Fully renovated kitchen (2026)- New furnace (2020)- Attic insulation...

A park out front, open space behind, and a large backyard to enjoy, this fully renovated 3-bedroom, 2-bathroom Mount Albert townhouse offers room to grow inside and out. Inviting farmhouse-style touches complement a spacious, fully renovated kitchen, updated windows and bathrooms, **heated floors in the 4-piece bathroom**, pot lights throughout, and an oversized primary bedroom. The backyard is perfect for summer barbecues, entertaining, or letting the kids play, while a two-car driveway with no sidewalk adds everyday convenience. A welcoming place to put down roots and enjoy Mount Albert's small-town charm.**Key Updates:**- Fully renovated kitchen (2026)- New furnace (2020)- Attic insulation top-up (2025)- All windows replaced and front deck installed (2020)- Owned hot water tank (2019); no rental fees

Key facts

Property type
Townhouse, 2-Storey
MLS®
N14029706
Bedrooms
3
Bathrooms
2 (1 half)
Size
1100-1500 sq ft
Lot
19.02 × 120.33 ft
Cross streets
Hwy 48 & Mount Albert rd
Parking
1 garage · 3 parking (built-in)
Driveway
Mutual
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Poured Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$3,092 / 2025
Days on market
6
Listing brokerage
RE/MAX EXPERTS

Rooms

KitchenMain0.00 × 0.00 m

laminate · pot lights · w/o to yard

Bedroom 3Second0.00 × 0.00 m

laminate · large closet · large window

Living RoomMain0.00 × 0.00 m

laminate · pot lights · fireplace

Bedroom 2Second0.00 × 0.00 m

laminate · large closet · large window

Dining RoomMain0.00 × 0.00 m

laminate · pot lights · fireplace

Primary BedroomSecond0.00 × 0.00 m

laminate · large closet · large window

Our TakeTeam Asgarian · Broker
A small discount is typical
$682Klikely sale price

Listed at $699,999. Going by how homes in Mt Albert and the wider GTA have actually closed against their asking prices (about 98%, 7 local closings in 90 days), the likely sale price is near $682K, if it sells. A realistic range is $639K to $769K.

Independent value check: $663K. Without looking at the asking price, our model values the home itself about 5% below the ask (homes like it typically land between $622K and $695K).

Why $663K. The typical townhouse sold in Mt Albert over the past year went for about $738K (22 sales). What sets this one apart:

  • ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $3,092 a year; the typical home sold here pays about $3,800.
  • ▼ Lowers it3 bedrooms and 2 baths, against 3 and 3 typically.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
List price
$639KBelow recent closings$769KAbove recent closings

Total price vs nearby homes. Likely closing about $682K, from 7 recent closings in this pocket.

The market behind the math:

7sold nearby · 90 days
$710Kmedian sold price
96%of asking, on average
−8%prices vs a year ago
~30 dayshomes like this take to sell
6days on market so far
$2,703/moest. rent · 7 leases
4.6%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.1 months of inventory: 5 townhouse homes for sale in the area against 7 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 $538/sqft against an area asking average of $515/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 7 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $633K. Condition and finishes remain an in-person call.

What the listing highlights3 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
  • Heated floors: comfort and a premium-finish signal. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($538/sqft) is in line with the area, so you are paying for extra space rather than a premium.

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

Based on 7 comparable homes that sold in Mt Albert over the past two years, from 47 closings there.

What sellers nearby are askingCurrently listed nearby in Mt Albert · asking prices
$706kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest townhouse listings on the market. Homes like this one have recently closed around $663K, which is where my estimate comes from.

Per square foot, these ask about $558/sqft; this home lists at $538/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
700kThis home731k759k735k599kThis home vs active comparables

Sold price trend

Median sold price for townhouses in East Gwillimbury: $883K in September 2026, up 5% from a year ago, on 60 closings in 8 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$710K5
November 2025$833K8
March 2026$823K5
April 2026$820K9
June 2026$825K10
July 2026$813K12
August 2026$840K5
September 2026$883K6

Neighbourhood & location

Mt Albert, 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
$879K
Sharon
$892K

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
$3,190/mo
$133KIncome needed
5.3×Price ÷ income
$736Weekly cost
$10,475Land 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.

93%mortgage
Mortgage $3,190Property tax $258Total carry $3,448

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)
$3,096per month

Mortgage amount $559,999 · 4.49% over 25 years

$140,000Down payment (20.0%)
$559,999Loan before insurance
$0CMHC premium
$3,354Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,096
Property tax
$258
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,354

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

One-time closing costs

Ontario land transfer tax
$10,475
Estimated closing costs
$10,475

Plus your down payment of $140,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,748/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

$368,900Total interest paid
$928,900Total of all payments
Principal $559,999 Interest $368,900
YearPrincipalInterestBalance
1$12,497$24,659$547,502
2$13,064$24,092$534,438
3$13,657$23,499$520,781
4$14,277$22,879$506,503
5$14,926$22,230$491,578
6$15,603$21,553$475,974
7$16,312$20,844$459,662
8$17,052$20,103$442,610
9$17,827$19,329$424,783
10$18,636$18,520$406,147
11$19,482$17,674$386,665
12$20,367$16,789$366,298
13$21,292$15,864$345,006
14$22,258$14,898$322,748
15$23,269$13,887$299,479
16$24,325$12,831$275,153
17$25,430$11,726$249,723
18$26,585$10,571$223,139
19$27,792$9,364$195,347
20$29,053$8,103$166,294
21$30,373$6,783$135,921
22$31,752$5,404$104,170
23$33,193$3,963$70,976
24$34,700$2,456$36,276
25$36,276$880$0

At the end of your 5-year term

Total paid over the term
$185,780
Principal paid down
$68,422
Interest paid
$117,358
Balance remaining
$491,578

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 7 whole-home leases in Mt Albert$2,703/mo
$32,436Gross annual rent
3.5%Cap rate after taxes and upkeep
$2,486 to $2,972Typical rent range

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 7 whole-home leases in Mt Albert signed at a median of $3,222 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,703. 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.

4.6%
Gross yield
− Property tax $3,092− Insurance $1,400− Vacancy & upkeep $3,568Net operating income $24,376

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

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