5 Richmond Park Drive, Georgina, ON

Keswick North, Georgina · MLS® N14030304

$1,285,000
For Sale
Listed 5 days agoNo offer date stated
4Bedrooms
4Bathrooms
2Garage · 4 parking
2500-3000Sq ft

About this home

In short

  • The Venetian Group proudly presents The Balfour, One of Three remaining custom-built residences within an exclusive collection.
  • The main level features soaring 10-ft. ceilings, wide-plank engineered hardwood flooring, 8-ft. interior doors, upgraded baseboards & trim, bespoke lighting, &...
  • The primary suite offers a custom-fitted walk-in closet & a spa-inspired ensuite w/heated floors, a freestanding soaker tub, & an oversized frameless glass shower...
  • The lower-level features 9-ft. ceilings, large windows, a separate entrance, & a bathroom rough-in, offering excellent potential for future customization.
  • The fully fenced south-facing yard w/4-zone irrigation system provides space for a future pool, outdoor kitchen & entertaining area.

The Venetian Group proudly presents The Balfour, One of Three remaining custom-built residences within an exclusive collection. Reflecting the exceptional craftsmanship synonymous with the builder's distinguished Toronto residences in Forest Hill & The Bridle Path, this 2,888 sq. ft. home offers 4 bedrooms, 4 bathrooms, and an impressive 222-ft. south-facing lot. Refined architecture, elevated finishes, & a thoughtful floor plan define this exceptional offering.The main level features soaring 10-ft. ceilings, wide-plank engineered hardwood flooring, 8-ft. interior doors, upgraded baseboards & trim, bespoke lighting, & elegant gold-accent hardware. The chef-inspired kitchen showcases premium custom cabinetry, quartz counters, a full-height slab stone backsplash, s/s appliances, & statement centre island. The kitchen opens seamlessly to the family room with a gas fireplace, while an open concept living & dining room complete the main floor. Upstairs, 9-ft. ceilings complement 4 bedrooms, each featuring a walk-in closet. The primary suite offers a custom-fitted walk-in closet & a spa-inspired ensuite w/heated floors, a freestanding soaker tub, & an oversized frameless glass shower w/niche. A dedicated upper-level laundry room adds everyday convenience. A dual-zone HVAC system w/separate thermostatic controls for the main & second floors provides enhanced temperature control throughout. The lower-level features 9-ft. ceilings, large windows, a separate entrance, & a bathroom rough-in, offering excellent potential for future customization. The fully fenced south-facing yard w/4-zone irrigation system provides space for a future pool, outdoor kitchen & entertaining area. Located minutes from Lake Simcoe, marinas, parks, amenities, schools, & HWY 404, The Balfour presents an exceptional opportunity to enjoy refined design, premium finishes, & contemporary comfort within one of Georgina's exclusive new-home collections. Full Tarion Warranty & Enhanced HST Rebate Available!

Key facts

Property type
Detached, 2-Storey
MLS®
N14030304
Bedrooms
4
Bathrooms
4 (1 half)
Size
2500-3000 sq ft
Lot
39.44 × 222.85 ft
Cross streets
The Queensway S & Richmond Park Dr
Parking
2 garage · 4 parking (attached)
Driveway
Private Double
Basement
Separate Entrance, Full
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$1,394 / 2025
Days on market
5
Listing brokerage
LPT REALTY

Rooms

Dining RoomMain5.38 × 4.42 m

pot lights · hardwood floor · window

Bedroom 2Second3.33 × 3.66 m

walk-in closet(s) · hardwood floor · 3 pc ensuite

Primary BedroomSecond5.31 × 5.59 m

his and hers closets · hardwood floor · 5 pc ensuite

Living RoomMain3.18 × 3.96 m

pot lights · hardwood floor · window

KitchenMain4.50 × 5.18 m

centre island · stainless steel appl · quartz counter

Bedroom 4Second3.66 × 4.01 m

walk-in closet(s) · hardwood floor · 4 pc ensuite

Family RoomMain4.40 × 5.18 m

pot lights · hardwood floor · gas fireplace

Bedroom 3Second3.33 × 4.27 m

walk-in closet(s) · hardwood floor · semi ensuite

LaundrySecond2.59 × 1.83 m

laundry sink · tile floor · window

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.24Mlikely sale price

Listed at $1,285,000. Going by how homes in Keswick North and the wider GTA have actually closed against their asking prices (about 97%, 32 local closings in 90 days), the likely sale price is near $1.24M, if it sells. A realistic range is $1.16M to $1.40M.

Independent value check: $1.22M. Without looking at the asking price, our model values the home itself about 5% below the ask (homes like it typically land between $1.14M and $1.27M).

Why $1.22M. The typical detached home sold in Keswick North over the past year went for about $835K (107 sales). What sets this one apart:

  • ▲ Raises it stronglyIt is 2,500 to 3,000 sq ft; the typical home sold here is 1,500 to 2,000.
  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $1,394 a year; the typical home sold here pays about $5,300.
  • ▲ Raises it4 bedrooms and 4 baths, against 3+1 and 3 typically.
  • ▲ Raises itIts lot is 39 by 223 ft; the typical lot sold here is 49 by 126.
List price
$1.16MBelow recent closings$1.40MAbove recent closings

Total price vs nearby homes. Likely closing about $1.24M, from 32 recent closings in this pocket.

The market behind the math:

32sold nearby · 90 days
$781Kmedian sold price
95%of asking, on average
−10%prices vs a year ago
~20 dayshomes like this take to sell
5days on market so far
$4,320/moest. rent · 46 leases
4.0%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.2 months of inventory: 23 detached homes for sale in the area against 32 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 $467/sqft against an area asking average of $406/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 32 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $905K. 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.

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
  • 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
  • Primary suite: a key comfort and resale feature. Lifestyle

Based on 32 comparable homes that sold in Keswick North over the past two years, from 193 closings there.

Sold price trend

Median sold price for detached homes in Keswick North: $780K in September 2026, down 7% from a year ago, on 100 closings in 9 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$930K11
November 2025$808K8
February 2026$855K5
March 2026$838K8
May 2026$748K12
June 2026$850K21
July 2026$760K15
August 2026$849K7
September 2026$780K13

Neighbourhood & location

Keswick North, 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.

Keswick South
$860K
Historic Lakeshore Communities
$1.04M
Sutton & Jackson's Point
$707K
Virginia
$683K
Pefferlaw
$808K

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
$5,857/mo
$228KIncome needed
5.6×Price ÷ income
$1,352Weekly cost
$22,175Land 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.

98%mortgage
Mortgage $5,857Property tax $116Total carry $5,973

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)
$5,684per month

Mortgage amount $1,028,000 · 4.49% over 25 years

$257,000Down payment (20.0%)
$1,028,000Loan before insurance
$0CMHC premium
$5,800Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,684
Property tax
$116
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,800

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

One-time closing costs

Ontario land transfer tax
$22,175
Estimated closing costs
$22,175

Plus your down payment of $257,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,880/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

$677,197Total interest paid
$1,705,197Total of all payments
Principal $1,028,000 Interest $677,197
YearPrincipalInterestBalance
1$22,941$45,267$1,005,059
2$23,982$44,226$981,077
3$25,071$43,137$956,006
4$26,209$41,998$929,797
5$27,399$40,808$902,397
6$28,643$39,564$873,754
7$29,944$38,264$843,810
8$31,304$36,904$812,506
9$32,725$35,483$779,782
10$34,211$33,997$745,571
11$35,764$32,444$709,807
12$37,388$30,820$672,419
13$39,085$29,122$633,334
14$40,860$27,348$592,474
15$42,715$25,493$549,758
16$44,655$23,553$505,104
17$46,682$21,526$458,422
18$48,802$19,406$409,620
19$51,018$17,190$358,602
20$53,334$14,874$305,268
21$55,755$12,452$249,513
22$58,287$9,921$191,226
23$60,933$7,274$130,292
24$63,700$4,508$66,592
25$66,592$1,616$0

At the end of your 5-year term

Total paid over the term
$341,039
Principal paid down
$125,603
Interest paid
$215,437
Balance remaining
$902,397

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 46 whole-home leases in Keswick North$4,320/mo
$51,840Gross annual rent
3.4%Cap rate after taxes and upkeep
$4,005 to $4,578Typical rent range
~29 daysTo find a tenant, on average

About the suite: in Keswick North basements rarely rent out (8 of 139 recent detached leases were basement units), so the figure above does not count it as income. Buyers here use a suite as family or nanny space.

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 46 whole-home leases in Keswick North signed at a median of $4,094 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,320. 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.

4.0%
Gross yield
− Property tax $1,394− Insurance $1,400− Vacancy & upkeep $5,702Net operating income $43,344

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

CallRequest a showing