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New3 days ago

19842 Yonge Street

Holland Landing, East Gwillimbury

$1,289,000

Detached|Bungalow
3 | 2 | 12
About this home

Nestled on a 1/2 acre waterfront lot in the peaceful community of Holland Landing, this bright bungalow offers a rare opportunity to enjoy a cottage-like setting just minutes from Newmarket and everyday amenities. Step inside to a functional, welcoming layout filled with natural light and a walkout to the deck that overlooks the serene backyard and watefront beyond. Imagine starting your morning with coffee by the water, unwinding at the end of the day surrounded by nature, or heading out from your own backyard with access along the Holland River to Lake Simcoe. The property offers a 2-car garage with a convenient drive-through option. Walk to neaby parks and trails, hop on your bike and enjoy the extensive trail system connecting you toward Newmarket and Aurora. The finished lower level adds exceptional versatility with a spacious recreation area, 2 additional bedrooms, a beautifully renovated bathroom and kitchenette - ideal for extended family, guests, teens, a home office or simply additional living space. Behind the scenes, most of the major improvements have already been taken care of. Notable updates include a newer drilled well; septic system - pumped and inspected in 2024, newer roof with added vents, deck, and updated windows throughout (with the exception of the front windows). All basement windows are egress. The lower level underwent an extensive permitted renovation in 2015 including spray foam insulation, quality subfloor, new electrical, and a new bathroom. The basement was also resealed and parged with drainage improvements completed. R-60 insulation was blown into the attic for added efficiency and protection through our Canadian winters. Move in and enjoy while customizing the home over time to create the perfect look and feel for your lifestyle. Waterfront bungalows offering this kind of functionality, privacy, and natural beauty do not come along often.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
StyleBungalow
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$5,461
Lot Size64.64 ft x 329.63 ft
mls© NumberN13849552
Listed ByROYAL LEPAGE RCR REALTY

Listing History

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  • No recent lease history for this listing.

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What the bank counts

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

Mortgage, tested at 6%
$6,598
Property tax
$455
Heat allowance
$150
Housing costs
$7,203 / mo

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

Down payment20% · $257,800
25-yr amortization

Income needed

$222,000

gross annual household income

Payment at 4%
$5,424 / mo
Cash down
$257,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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