257 Parkwood Avenue, Georgina, ON
Property Highlights
Welcome to this remarkable Bungalow duplex located in the coveted neighborhood of Keswick South. Expertly crafted featuring premium stucco (plaster) and wood construction, this residence presents an exceptional opportunity offered at $699,999 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.
- 6 Bedrooms and 3 Bathrooms with 2 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 50 x 125 ft lot
- Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Auto Garage Door Remote, In-Law Suite, Primary Bedroom - Main Floor
- equipped with window unit(s) central cooling and highly efficient forced air heating via gas
Description
Exceptional opportunity to own a fully upgraded income-generating duplex, ideal for investors or first-time buyers seeking to offset mortgage costs with rental income. This well-maintained property features two completely self-contained units with separate living spaces. The front unit offers a spacious 4-bedroom, 2-bathroom layout, complemented by an attached garage, while the rear unit features a comfortable 2-bedroom, 1-bathroom suite-perfect for extended family or rental income. Extensively updated, the home showcases modern finishes and quality improvements throughout, including a newer custom cedar exterior, upgraded systems, and heated crawl spaces for added efficiency and comfort. Equipped with two full kitchens, 2 fridges, 2 stoves, dishwasher, 2 washers and 1 dryer, and supported by 200-amp electrical service, this property is truly turnkey. Strong rental potential with the front unit generating approximately $2,500-$3,000/month and the rear unit $1,800-$2,200/month, making it a compelling investment. Conveniently located just minutes from Highway 404, schools, the lake, and local amenities. A rare opportunity combining lifestyle, flexibility, and solid income potential.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Fenced Yard, Lake/Pond, Marina, Public Transit, Rec./Commun.Centre, Park
Interior Features
Auto Garage Door Remote, In-Law Suite, Primary Bedroom - Main Floor, Ventilation System, Water Heater
Security Features
Community Features
Location
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 257 Parkwood Avenue, Georgina, ON L4P 2X2
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 Georgina, ON
For a property listed at $699,999 in Georgina, the legal minimum down payment is $45,000 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 $10,475 for this transaction. As this listing is in Georgina (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $10,475.
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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.