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$649,000
Georgina
148 Bayview Avenue, Georgina (Keswick South), Ontario, L4P2S9
This 4-bedroom, 2-bathroom home in Georgina is for sale. Listed at $649,000, it is attractively priced about 24% below the $849,900 median asking price in Georgina.
Welcome to 148 Bayview Avenue, a fantastic opportunity for investors and end-users alike. Situated on a generous 55' x 190' lot, this property offers immediate rental income with excellent long-term potential. Beyond the home itself, the location offers the perfect balance of convenience and lifestyle. Enjoy easy access to the waterfront, making the property an excellent option as a year-round residence, weekend retreat, or cottage alternative. Everyday amenities, including shopping, grocery stores, restaurants, schools, parks, and other essential services, are all within close proximity, allowing you to enjoy both nature and urban conveniences. The home is currently leased to two separate tenants, generating $3,600 per month in rental income, providing valuable cash flow to help offset carrying costs. The basement tenant has expressed a strong interest in remaining, offering continuity for the new owner. The current owner has recently completed professional basement waterproofing, providing added value and peace of mind. Whether you're looking to expand your investment portfolio, secure a property with income in place, or acquire a home on a desirable lot with future possibilities, 148 Main Avenue presents an exceptional opportunity in a well-established neighbourhood. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 115 days on market, against an average age of 59 days across the listings currently for sale in this city
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.
This 4-bed single family in Georgina (Keswick South) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $649,000, about 6.4× the local median household income of $102,000.
Carrying it typically needs a household income of about $126,772 (20% down, 25-yr amortization, stress-tested) — roughly 24% above the area median.
Source: Statistics Canada, 2021 Census (FSA L4P)
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Loading rates, 30-yr amortization
Cash Needed to Close
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