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Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Rural East Gwillimbury. Expertly crafted featuring premium brick and board & batten construction, this residence presents an exceptional opportunity offered at $5,100,000 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.
Great Income Potential and Future Development.Unparalleled location just 30 minutes from Torontos north end Hwy 401 and 2 minutes from Hwy 404. A rare offering nestled in the serene landscape of East Gwillimbury. This custom-built Victorian replica home is gracefully set on nearly 24 acres of private land**WOW**!, and surrounded by lush forest, a tranquil river, and a romantic heart-shaped pond known as Heart Lakecomplete with a charming dock, ideal for tranquil canoeing, fishing, or unforgettable wedding ceremonies. The 2-storey brick residence exudes classic charm and craftsmanship, featuring wide plank hardwood floors, a spacious country-style kitchen with center island, and inviting principal rooms filled with natural light. The main house offers 5+2 bedrooms and 5 bathrooms, including a generous primary suite with 4-piece ensuite and walk-out to a balcony. The finished walk-out basement includes a second kitchen, living area with fireplace, and an additional bedroom perfect as an in-law suite or for guests. A separate detached 3-car garage with living space and a Great Hall above offers flexible potential as a studio, office, or additional accommodations. The sprawling property includes private walking trails, open meadows, wooded areas, and scenic views in every season. Just minutes from Hwy 404, and New Costco, supermarkets, and top amenities, this is a once-in-a-lifetime opportunity to own a secluded estate that combines natural beauty with refined comfort. with auxiliary buildings including a drive shed and a second residence. What truly sets this property apart is its proven capacity as a profitable venue for weddings and social events. With breathtaking natural backdrops, expansive lawns, and ample parking, it offers a unique income stream for those seeking a blend of lifestyle and business. **EXTRAS** Good possibility to sever the land. All Furnitures and appliances, Elfs, Windows Coverages.
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The current listing price for 2639 Herald Road, East Gwillimbury, ON in Rural East Gwillimbury, East Gwillimbury is $5,100,000.
This property features 7 bedrooms and 6 bathrooms across approximately 3000-3500 sqft.
2639 Herald Road, East Gwillimbury, ON is a Detached (2-Storey) featuring a Separate Entrance, Finished with Walk-Out basement.
Key property features include: Campground, Clear View, Lake/Pond, Park, Ravine, Wooded/Treed.
Interior highlights include: Carpet Free, Primary Bedroom - Main Floor, Water Softener.
Yes, this property offers parking space for 11.0 vehicles (Detached).
Heating is provided via Electric and cooling via Central Air.
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Data-driven valuation for 2639 Herald Road, East Gwillimbury, ON L0G 1V0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in East Gwillimbury.
About Purchasing a Home in East Gwillimbury, ON
For a property listed at $5,100,000 in East Gwillimbury, the legal minimum down payment is $1,020,000 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 $113,975 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 $113,975.
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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.