18388 McCowan Road, East Gwillimbury, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Rural East Gwillimbury. Expertly crafted featuring premium stone and wood construction, this residence presents an exceptional opportunity offered at $989,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 3 Bedrooms and 3 Bathrooms
- Generous living space spanning 2000-2500 sqft on a premium 500.28 x 711.85 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 9.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Other
- Efficient forced air heating via oil
Description
Unlock the potential of this rare 10-acre property in East Gwillimbury. This parcel offers a unique opportunity for buyers ready to create their dream home in a private, country setting. The existing house is in need of a complete renovation, or take advantage of the expansive land to design and build your dream home. With a mix of mature forested areas and wide-open clearings, the property provides endless options: imagine a custom-built family estate, hobby farm, or a retreat-style escape surrounded by nature. Enjoy the peace and privacy of rural living while being only minutes to Highway 404, GO transit, and all the amenities of Newmarket and East Gwillimbury. Whether you're a builder, investor, or homeowner with vision, this property is your blank canvas.
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Property Summary
This detached home located at 18388 McCowan Road, East Gwillimbury is currently for sale and has been available on SousaSells for 294 days. This property is listed at $989,000 with an estimated mortgage of $3,292* per month. It has 3 beds, 3 bathrooms, and is 2000-2500 square feet. 18388 McCowan Road, East Gwillimbury is in the Rural East Gwillimbury neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 18388 McCowan Road, East Gwillimbury, ON L0G 1M0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in East Gwillimbury, ON
For a property listed at $989,000 in East Gwillimbury, the legal minimum down payment is $73,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $16,255 for this transaction. As this listing is in East Gwillimbury (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $16,255.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.