Thompson Drive
13.9 km Away2022
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21576 Mccowan Road, East Gwillimbury, ON
Rural East Gwillimbury, East Gwillimbury · MLS® N14177670
$1,750,000
For SaleJust Listed Today
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Key Facts
- Property type
- Other, Agricultural
- Lot
- 660.55 × 3299.54 ft
- Property tax
- $4,838 / 2026
- Offer date
- None stated
- Cross streets
- Mcowan & Holburn Road
All Facts
- Property type
- Other, Agricultural
- MLS®
- N14177670
- Lot
- 660.55 × 3299.54 ft
- Cross streets
- Mcowan & Holburn Road
- Heating
- Propane Gas
- Sewer
- Septic
- Property tax
- $4,838 / 2026
- Offer date
- None stated
- Listing brokerage
- RE/MAX Hallmark Realty Ltd.
About This Home
A Rare Power of Sale Opportunity In East Gwillimbury For Buyers, Investors And Agricultural Entrepreneurs Seeking Land, Privacy And Long-Term Potential In One Of York Region's Desirable Rural Settings. Surrounded By Mature Trees And Open Green Space, This Unique Farm Property Offers A Versatile Setting With Covered Agricultural Structures, Multiple Outbuildings, Generous Outdoor Areas And Excellent Flexibility For A Variety Of Future Uses. Whether You Envision Continuing Agricultural Operations, Establishing A Hobby Farm, Expanding Growing Or Storage Space, Or Exploring A Longer-Term Investment Opportunity, The Property Offers The Space And Possibilities To Bring That Vision To Life, Subject To Applicable Zoning And Municipal Approvals. Opportunities Combining This Type Of Rural Setting, Land And Flexibility Are Increasingly Difficult To Find. Being Offered Under Power of Sale, This Property Presents A Distinctive Opportunity For Buyers Looking Beyond The Ordinary And Ready To Explore Its Full Potential. Book Your Private Viewing And Experience The Opportunity Firsthand.
From Moe
Team Asgarian · Listing brokerListed by Team Asgarian. The best way to judge it is in person: book a private showing and we will walk you through it.
Our Transactions Near This Listing
Homes Team Asgarian has handled within 25 km of Mccowan Road. Signed-in members see each price, verified against board records.
Herridge Circle
14.0 km Away2018
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Pasadena Drive
9.0 km Away2026
Sign In To See The PriceNeighbourhood & Location
Rural East Gwillimbury, East Gwillimbury, ON
Commute
Time from this home to where you spend your dayEnter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Get The Full Neighbourhood Report (Schools, Parks, Transit & Safety) →
Schools & Catchment
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
73%
Unnamed SS (East Gwillimbury)EQAO results not published
Sacred HeartEQAO results not published
Affordability & Mortgage
Estimated Mortgage
$7,976/mo
$318KIncome needed
5.5×Price ÷ income
$1,841Weekly cost
$31,475Land transfer tax, one-time (Ontario)
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.
Mortgage is 95% of the monthly costMortgage $7,976Property tax $403Total carry $8,379
Calculate And Customize Your Mortgage
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%
$
%
Homes over $1.5M can't be insured, so 20% down or more is required.
4.59%
%
Live rate from Ratehub.caConventional (20%+ down). Best insured 5-year fixed 4.44% via Ratehub.ca (as of November 13, 2026); conventional rates run a little higher.
years
years (your rate-locked period)
$7,819per month
Mortgage amount $1,400,000 · 4.59% over 25 years
$350,000Down payment (20.0%)
$1,400,000Loan before insurance
$0CMHC premium
$8,222Total monthly cost
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,819
- Property tax
- $403
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $8,222
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $31,475
- Estimated closing costs
- $31,475
Plus your down payment of $350,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
6.59%Qualifying rate
$9,454/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
$945,647Total interest paid
$2,345,647Total of all payments
Principal $1,400,000 Interest $945,647
YearPrincipalInterestBalance
1$30,809$63,017$1,369,191
2$32,239$61,587$1,336,952
3$33,736$60,090$1,303,217
4$35,302$58,524$1,267,915
5$36,941$56,885$1,230,974
6$38,656$55,170$1,192,318
7$40,451$53,375$1,151,867
8$42,329$51,497$1,109,539
9$44,294$49,532$1,065,245
10$46,350$47,476$1,018,895
11$48,502$45,324$970,392
12$50,754$43,072$919,639
13$53,110$40,716$866,528
14$55,576$38,250$810,952
15$58,156$35,670$752,796
16$60,856$32,970$691,940
17$63,682$30,144$628,258
18$66,638$27,188$561,620
19$69,732$24,094$491,889
20$72,969$20,857$418,919
21$76,357$17,469$342,562
22$79,902$13,924$262,660
23$83,612$10,214$179,049
24$87,493$6,332$91,555
25$91,555$2,270$0
At the end of your 5-year term
- Total paid over the term
- $469,129
- Principal paid down
- $169,026
- Interest paid
- $300,103
- Balance remaining
- $1,230,974
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.
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.
Questions About 21576 Mccowan Road
What is the asking price for 21576 Mccowan Road?
It is listed at $1,750,000.
How big is 21576 Mccowan Road?
It sits on a 660.55 × 3299.54 ft lot.
What are the property taxes on 21576 Mccowan Road?
$4,838 a year, for 2026.
Is there an offer date for 21576 Mccowan Road?
The listing does not state an offer date.
Which schools is 21576 Mccowan Road zoned for?
By the school boards' attendance boundaries: Mount Albert PS (4-8), Unnamed SS (East Gwillimbury) ( ), Our Lady Of Good Counsel and Sacred Heart. Boundaries change, so confirm with the board before relying on it.
When was 21576 Mccowan Road listed?
It came on the market on November 13, 2026.
Who is the listing brokerage for 21576 Mccowan Road?
Team Asgarian, RE/MAX Hallmark Realty Ltd. Call (416) 837-8000 to book a private showing.
How can I request a showing of 21576 Mccowan Road?
Send a showing request with your phone number, or call (416) 837-8000. Team Asgarian will call you to confirm a time.
Thinking of this home as an investment? Ask us for the real rent comparables
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listed & marketed by Team Asgarian. MLS®/PropTx.