387 Adeline Drive, Georgina, ON
Property no longer active
This property was sold on July 9, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Keswick South. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $699,900 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 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 75 x 100 ft lot
- Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 total parking spaces available
- Notable attributes: Accessory Apartment, Primary Bedroom - Main Floor
- Efficient baseboard heating via electric
Description
Wow, talk about investment potential! This rare dual-unit bungalow has gone through all of the red-tape, and is registered with the Town of Georgina as a legal duplex! Both units are bright and spacious, totally above-grade, with separate electrical panels, hot water tanks, and laundry rooms! The front unit features 2 bedrooms & 1 washroom, while the rear unit features a lovely 1 bed & 1 bath. There is so much potential here to either live in one unit, and rent out the other to subsidize your mortgage, or rent out both units totaling roughly $4000 a month. A major bonus - this property is vacant, ready for you to place your own tenants at excellent current market value rental prices. This home is situated on an excellent
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Property Summary
This detached home located at 387 Adeline Drive, Georgina is currently for sale and has been available on SousaSells for 765 days. This property is listed at $699,900 with an estimated mortgage of $2,330* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 387 Adeline Drive, Georgina is in the Keswick South neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
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Features
Property Features
Interior Features
Accessory Apartment, Primary Bedroom - Main Floor
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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 387 Adeline Drive, Georgina, ON L4P 3C4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Mortgage & Affordability Audit
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About Purchasing a Home in Georgina, ON
For a property listed at $699,900 in Georgina, the legal minimum down payment is $44,990 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 $10,473 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 $10,473.
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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.