$1,320,000

For sale

188 Frederick Pearson Street, East Gwillimbury (Queensville) - Single Family for Sale

188 Frederick Pearson Street, East Gwillimbury (Queensville), Ontario, L9N0Y9

5 beds5 baths6 parking2,750 ft²40 × 88 ft (3,520 sq ft) lot sizeListed 19 days ago

Overview

This 5-bedroom, 5-bathroom home in East Gwillimbury is for sale offering roughly 2,750 sq ft of space. Its $1,320,000 asking price sits right in line with the $1,299,000 median in East Gwillimbury. It has been on the market 19 days, fresher than the East Gwillimbury average of 54 days.

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Description

Stunning 5-bedroom, 5-bathroom family home in the highly desirable, rapidly growing Queensville community. Located just moments from Hwy 404, this property offers the perfect balance of a quiet, family-oriented neighborhood with seamless commuter access. Boasting high ceilings, expansive windows, and a bright, open-concept living area, the home is flooded with natural light and premium upgrades throughout.Designed for ultimate versatility, the layout features a rare 3rd-floor loft ideal for a massive bedroom, private study, or executive home office. Additionally, the premium lot includes a top-floor coach house, making it the perfect setup for a nanny suite, multi-generational living, or a private work-from-home space.Step outside and enjoy exceptional convenience with the brand-new Queensville Community Centre just a 3-minute walk away, putting modern recreational facilities and family-friendly amenities right at your doorstep. Surrounded by exciting future developments, this is an incredible opportunity for large families and savvy investors alike. (id:66096)

Property Details

MLS®: N14086988
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 5 above · 0 below
Bathrooms: 5
Parking: 6
Interior Size: 2,750 ft²
Lot Size: 40 × 88 ft (3,520 sq ft)
Frontage: 40 ft
Storeys: 2
Basement: Unfinished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $6,552/yr

Features

Foundation: Block, Concrete
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

19d

East Gwillimbury (Queensville) listings, avg age

54d

Price / ft²

$480

List price

$1.32M

Homes here sell faster than most markets

Sold homes in this market spent an average of 36 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This 5-bed single family in East Gwillimbury (Queensville) has been listed for 19 days, which is 35 days fresher than the city average of 54. Act while there is still low competition.

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Listed by HOMELIFE LANDMARK REALTY INC. · CHUNDI DENG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L9N)

This home lists at $1,320,000, about 11.3× the local median household income of $117,000.

Carrying it typically needs a household income of about $257,842 (20% down, 25-yr amortization, stress-tested) — roughly 120% above the area median.

Median household income: $117,000
Population: 21,656
Median age: 38
Owner / renter: 81% / 19%
Avg. household size: 3

Source: Statistics Canada, 2021 Census (FSA L9N)

$1,320,000· $480/ft²

For sale

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Full Cost Breakdown

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Current Rates

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Down Payment8.11% · $107,000

Min 8.11%50%

Mortgage payment$6,725/mo

↳ CMHC premium ($48,520 capitalized)

Property tax (est.)$546/mo

Total monthly$7,271

Cash Needed to Close

Down payment (8.11%)$107,000

Land transfer tax$22,875

Est. closing costs$6,460

Total cash needed$136,335

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