247 Parkway Avenue, Georgina, ON

Keswick South, Georgina · MLS® N14082960

$334,900
For Sale
Listed 4 days agoNo offer date stated
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2Bedrooms
1Bathrooms
3Parking
700Sq ft

About this home

In short

  • Attention builders and investors.
  • Opportunity to renovate or build new without development charges (savings of up to $120,000 in development charges).
  • Steps to Lake Simcoe, parks, public transit & marina.
  • 5 minute access to Highway 404 enabling a quick commute to York Region & GTA.

Attention builders and investors. Opportunity to renovate or build new without development charges (savings of up to $120,000 in development charges). Steps to Lake Simcoe, parks, public transit & marina. Short drive to schools, shopping & amenities. 5 minute access to Highway 404 enabling a quick commute to York Region & GTA.

Key facts

Property type
Detached, Bungalow
MLS®
N14082960
Bedrooms
2
Bathrooms
1
Size
700 sq ft
Lot
50.02 × 127.08 ft
Cross streets
THE QUEENSWAY & PINE BEACH
Parking
3 parking
Driveway
Private
Basement
None
Heating
Baseboard
A/C
None
Exterior
Brick, Aluminum Siding
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$3,129 / 2026
Days on market
4
Listing brokerage
RE/MAX ALL-STARS TEAM TREVOR REALTY

Rooms

Living RoomMain5.33 × 3.50 m

Laminate

KitchenMain3.59 × 3.56 m

Vinyl Floor

Primary BedroomMain4.64 × 2.36 m

Laminate

Bedroom 2Main3.56 × 2.28 m
Our TakeTeam Asgarian · Broker
A small discount is typical
$324Klikely sale price

Listed at $334,900. Going by how homes in Keswick South have actually closed against their asking prices (about 97%, 48 local closings in 90 days), the likely sale price is near $324K, if it sells. A realistic range is $303K to $365K.

Independent value check: $407K. Without looking at the asking price, our model values the home itself about 22% above the ask (homes like it typically land between $382K and $427K).

Why $407K. The typical detached home sold in Keswick South over the past year went for about $800K (168 sales). What sets this one apart:

  • ▼ Lowers it strongly2 bedrooms and 1 baths, against 3+1 and 3 typically.
  • ▼ Lowers it stronglyIt is 700 sq ft; the typical home sold here is 1,500 to 2,000.
  • ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $3,129 a year; the typical home sold here pays about $5,000.
  • ▼ Lowers it slightlyThe listing presents it as a home to renovate or rebuild.
List price
$303KBelow recent closings$365KAbove recent closings

Total price vs nearby homes. Likely closing about $324K, from 48 recent closings in this pocket.

The market behind the math:

48sold nearby · 90 days
$860Kmedian sold price
95%of asking, on average
+8%prices vs a year ago
~22 dayshomes like this take to sell
4days on market so far
$1,829/moest. rent · 28 leases
6.6%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.5 months of inventory: 8 detached homes for sale in the area against 48 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 $478/sqft against an area asking average of $786/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 48 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $462K. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
  • Development potential: upside only if zoning permits, verify with the city before relying on it. Worth verifying

Based on 48 comparable homes that sold in Keswick South over the past two years, from 363 closings there.

What sellers nearby are askingCurrently listed nearby in Keswick South · asking prices
$593kavg 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 $407K, which is where my estimate comes from.

Per square foot, these ask about $659/sqft; this home lists at $478/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
335kThis home550k599k599k599k619kThis home vs active comparables

Sold price trend

Median sold price for detached homes in Keswick South: $860K in September 2026, up 12% from a year ago, on 167 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.

Month by month
MonthMedian soldClosings
October 2025$739K14
November 2025$807K11
December 2025$704K10
January 2026$800K8
February 2026$735K10
March 2026$820K13
April 2026$780K17
May 2026$788K16
June 2026$834K23
July 2026$840K17
August 2026$860K15
September 2026$860K13

Neighbourhood & location

Keswick South, 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 North
$960K
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
$1,526/mo
$71KIncome needed
4.7×Price ÷ income
$352Weekly cost
$3,499Land 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.

85%mortgage
Mortgage $1,526Property tax $261Total carry $1,787

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)
$1,481per month

Mortgage amount $267,920 · 4.49% over 25 years

$66,980Down payment (20.0%)
$267,920Loan before insurance
$0CMHC premium
$1,742Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,481
Property tax
$261
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$1,742

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

One-time closing costs

Ontario land transfer tax
$3,499
Estimated closing costs
$3,499

Plus your down payment of $66,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$1,793/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

$176,493Total interest paid
$444,413Total of all payments
Principal $267,920 Interest $176,493
YearPrincipalInterestBalance
1$5,979$11,798$261,941
2$6,250$11,526$255,691
3$6,534$11,242$249,157
4$6,831$10,946$242,326
5$7,141$10,636$235,185
6$7,465$10,311$227,720
7$7,804$9,972$219,916
8$8,158$9,618$211,758
9$8,529$9,248$203,229
10$8,916$8,860$194,313
11$9,321$8,456$184,992
12$9,744$8,032$175,248
13$10,187$7,590$165,061
14$10,649$7,127$154,412
15$11,133$6,644$143,279
16$11,638$6,138$131,641
17$12,166$5,610$119,475
18$12,719$5,058$106,756
19$13,296$4,480$93,460
20$13,900$3,876$79,560
21$14,531$3,245$65,029
22$15,191$2,586$49,838
23$15,881$1,896$33,957
24$16,602$1,175$17,355
25$17,355$421$0

At the end of your 5-year term

Total paid over the term
$88,883
Principal paid down
$32,735
Interest paid
$56,148
Balance remaining
$235,185

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 28 whole-home leases in Keswick South$1,829/mo
$21,948Gross annual rent
4.5%Cap rate after taxes and upkeep
$1,677 to $1,953Typical rent range
~24 daysTo find a tenant, on average

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 28 whole-home leases in Keswick South signed at a median of $2,190 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $1,829. 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.

6.6%
Gross yield
− Property tax $3,129− Insurance $1,400− Vacancy & upkeep $2,414Net operating income $15,004

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

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