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Listed 11 days ago

8 Mac Avenue

Keswick South, Georgina

$2,750,000

Detached|2-Storey
4 | 3 | 12
About this home

Live, Work & Play! Welcome to 8 & 12 Mac Ave! Discover a rare waterfront investment and development opportunity in the heart of Keswick! Situated along the scenic Maskinonge River with direct boating access to Lake Simcoe, this unique property offers a private marina with approximately 20 boat slips, including a covered dock, two residential 2-bedroom apartments, and a guest suite, providing excellent income-generating potential. An exceptional opportunity for investors, developers, and boating enthusiasts seeking to combine business, lifestyle, and waterfront living. Explore the exciting possibilities for future waterfront redevelopment, including potential multi-storey condominiums, townhomes, retail space, or restaurant. Ideally located just minutes from Highway 404, shopping, restaurants, grocery stores, schools, parks, and everyday amenities. Phase I and Phase II Environmental Site Assessments completed in 2025. A truly unique opportunity to own a waterfront property with multiple income streams and future development potential in Keswick's growing waterfront community!

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$18,557
Lot Size246.01 ft x 330.46 ft
mls© NumberN13819982
Listed ByCENTURY 21 LEADING EDGE REALTY INC.

Listing History

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  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$14,076
Property tax
$1,546
Heat allowance
$150
Housing costs
$15,772 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $550,000
25-yr amortization

Income needed

$485,000

gross annual household income

Payment at 4%
$11,572 / mo
Cash down
$550,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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