59 Watershed Gate, East Gwillimbury, ON

Queensville, East Gwillimbury · MLS® N14095406

$1,449,900
For Sale
Just listed todayNo offer date stated
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4Bedrooms
5Bathrooms
2Garage
3000-3500Sq ft

About this home

In short

  • Welcome to this spectacular, turn-key 2-storey detached home located in the desirable Queensville community of East Gwillimbury.
  • Built in 2021, this exceptional residence features 4 spacious bedrooms, 4 bathrooms, and a fully finished basement designed with premium custom craftsmanship throughout.
  • Step inside to an open-concept layout highlighted by upgraded 7.5-inch Kentwood hardwood flooring, custom built-in shelving in both the living room and piano room...
  • The chef's kitchen is complete with a waterfall island with additional cabinetry, a custom built-in banquette with storage drawers, and high-end appliances including...
  • The finished basement serves as a versatile multi-use retreat, offering a private office or guest bedroom behind custom glass doors, a built-in desk, a pull-out queen...

Welcome to this spectacular, turn-key 2-storey detached home located in the desirable Queensville community of East Gwillimbury. Built in 2021, this exceptional residence features 4 spacious bedrooms, 4 bathrooms, and a fully finished basement designed with premium custom craftsmanship throughout. Step inside to an open-concept layout highlighted by upgraded 7.5-inch Kentwood hardwood flooring, custom built-in shelving in both the living room and piano room, and an elegant gas fireplace. The chef's kitchen is complete with a waterfall island with additional cabinetry, a custom built-in banquette with storage drawers, and high-end appliances including a fridge, oven, stove, dishwasher, and mini-fridge. Upstairs, every bedroom is thoughtfully equipped with custom built-in closet organizers. The finished basement serves as a versatile multi-use retreat, offering a private office or guest bedroom behind custom glass doors, a built-in desk, a pull-out queen bed, and a full bathroom with heated floors. Further enhancements include a water softener, reverse osmosis water purification system, and custom garage shelving. Outside, enjoy professionally landscaped grounds featuring low-maintenance backyard turf and gardens on a street with no sidewalks. Included with the home are all existing light fixtures, mirrors, washer, dryer, and kitchen appliances, excluding only the garage freezer and Tesla charger. Located just minutes from parks, top-rated schools, and major transit routes.

Key facts

Property type
Detached, 2-Storey
MLS®
N14095406
Bedrooms
4
Bathrooms
5 (1 half)
Size
3000-3500 sq ft
Lot
47.28 × 94.16 ft
Cross streets
Leslie St & Queensville Sideroad E
Parking
2 garage (attached)
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Poured Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$7,312 / 2026
Listing brokerage
RIGHT AT HOME REALTY

Rooms

Living RoomMain5.18 × 3.66 m
Bedroom 4Second3.96 × 3.96 m
Dining RoomMain4.27 × 3.96 m
Bedroom 3Second5.18 × 3.96 m
OfficeBasement4.88 × 3.35 m
Bedroom 2Second3.96 × 3.35 m
KitchenMain5.49 × 3.96 m
Primary BedroomSecond6.40 × 5.49 m
RecreationBasement6.10 × 4.88 m
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

Neighbourhood & location

Queensville, 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.

Sharon
$1.55M
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
$6,608/mo
$274KIncome needed
5.3×Price ÷ income
$1,525Weekly cost
$25,473Land 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.

92%mortgage
Mortgage $6,608Property tax $609Total carry $7,217

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)
$6,413per month

Mortgage amount $1,159,920 · 4.49% over 25 years

$289,980Down payment (20.0%)
$1,159,920Loan before insurance
$0CMHC premium
$7,023Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,413
Property tax
$609
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,023

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

One-time closing costs

Ontario land transfer tax
$25,473
Estimated closing costs
$25,473

Plus your down payment of $289,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$7,762/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

$764,099Total interest paid
$1,924,019Total of all payments
Principal $1,159,920 Interest $764,099
YearPrincipalInterestBalance
1$25,884$51,076$1,134,036
2$27,060$49,901$1,106,976
3$28,288$48,672$1,078,687
4$29,573$47,388$1,049,115
5$30,915$46,045$1,018,199
6$32,319$44,642$985,880
7$33,787$43,174$952,093
8$35,321$41,640$916,773
9$36,924$40,036$879,848
10$38,601$38,360$841,248
11$40,353$36,607$800,894
12$42,186$34,775$758,708
13$44,101$32,860$714,607
14$46,103$30,857$668,504
15$48,197$28,764$620,307
16$50,385$26,576$569,922
17$52,673$24,288$517,249
18$55,064$21,896$462,185
19$57,564$19,396$404,621
20$60,178$16,783$344,443
21$62,910$14,050$281,532
22$65,767$11,194$215,765
23$68,753$8,208$147,012
24$71,875$5,086$75,138
25$75,138$1,823$0

At the end of your 5-year term

Total paid over the term
$384,804
Principal paid down
$141,721
Interest paid
$243,083
Balance remaining
$1,018,199

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
Estimate$6,300/mo
$75,600Gross annual rent
4.0%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.

5.2%
Gross yield
− Property tax $7,312− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $58,572

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

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