20515 Kennedy Road, East Gwillimbury, ON

$1,698,000
MLS#:N9353182
5 beds
3 baths
7.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey rural residential located in the coveted neighborhood of Rural East Gwillimbury. Expertly crafted featuring premium brick and wood construction, this residence presents an exceptional opportunity offered at $1,698,000 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.

  • 5 Bedrooms and 3 Bathrooms with 2 functional kitchens
  • Premium 264 x 1665 ft lot size
  • Features a apartment basement, adding superb versatility for recreation, a home gym, or extra storage
  • 7.0 total parking spaces available with a convenient carport configuration
  • Notable attributes: Water Softener, Built-In Oven
  • Efficient baseboard heating via other

Description

Amazing opportunity to purchase a stunning 10 acre corner lot property. This beautiful 4+1 bedroom detached home comes on an outdoor oasis with a horse barn/stables, outdoor fenced pens, and a walkout basement apartment. Be in awe as you roll into the long roundabout driveway and see open fields and nature at its finest. The horse barn/stables have working electricity and potable water. The second half of the barn was once used as a fully working music studio. This property is zoned agricultural/farm and is great for people who want to stable horses, have a hobby farm, or those who just want a house away from the noise of the city. The property is about 80% cleared around the home and barn with a wooded lot at the back. Receive passive income from a cell phone tower located at the other end of the property in the wooded area. This property has tons of income earning potential. Close to the 404 highway access on Queensville sideroad. You have to see this property in person to believe it.

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Property Summary

This rural residential located at 20515 Kennedy Road, East Gwillimbury is currently for sale and has been available on SousaSells for 667 days. This property is listed at $1,698,000 with an estimated mortgage of $5,652* per month. It has 5 beds, 3 bathrooms, and is unknown square feet. 20515 Kennedy 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

Bedrooms
5
Bathrooms
3
Kitchens
2
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateDecember 10, 2024
Sold price information is available to members only
Listed Date9/17/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeRural Residential
Architectural Style2-Storey
ConstructionBrick, Wood
BasementApartment
Lot Size264 × 1665 Feet
CountyYork
Annual Tax$2,660.2
Legal DescriptionPT LT 21 CON 6 EAST GWILLIMBURY AS IN R727983 ; EAST GWILLIMBURY

Parking & Garage

Parking Spaces7.0
Garage Spaces5
Garage TypeCarport

Heating & Cooling

Heat SourceOther
Heat TypeBaseboard
CoolingNone

Features

Property Features

Interior Features

Water Softener, Built-In Oven

Security Features

Community Features

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Location

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20515 Kennedy Road, East Gwillimbury, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 20515 Kennedy Road, East Gwillimbury, ON L0G 1M0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in East Gwillimbury.

Configure Loan Settings

Interest Rate4.00%
Down Payment$509,400 (30.0%)
* Minimum Canadian down payment required for this price is $339,600.
Amortization Period30 Years
Estimated Monthly Payment$5,652Based on a loan of $1,188,600 over 30 years.
Purchase Price$1,698,000
Loan Amount$1,188,600
Provincial Land Transfer Tax:$30,435
Total Estimated Closing Taxes:$30,435

About Purchasing a Home in East Gwillimbury, ON

For a property listed at $1,698,000 in East Gwillimbury, the legal minimum down payment is $339,600 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 $30,435 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 $30,435.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Rural East Gwillimbury, East Gwillimbury.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,923,304

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.