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Investment signal

$490,500

208 BAYVIEW AVENUE

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Beds

Baths

Sqft

—

Year

—

Type

Single Family

Suite

Investment signal

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Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Georgina (Keswick South). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

This property offers exceptional potential for first-time buyers, investors, and builders alike. Located just steps from Lake Simcoe with exclusive access to two private member-only beaches. Enjoy year-round recreation including boating, jet skiing, winter ice fishing, and more.The move-in-ready bungalow sits on a generous 50' x 186' lot, making it ideal for future development or as a solid investment property. The home features fully renovated interiors, spacious bedrooms with closets, and an open-concept kitchen and living area.The backyard includes a new above-ground pool, perfect for summer enjoyment. Conveniently located near Highway 404, supermarkets, shops, restaurants, marinas, and other local amenities. (id:65958)

Subtype: Single Family
Architectural style: Bungalow
Structure: House
Community: Keswick South
Common interest: Freehold
Lot dimensions: 50 x 185.5 FT
Bedrooms: 2 above grade
Parking: 6 total
Stories: 1
On market: Mar 18, 2026
Status changed: Apr 20, 2026
Annual tax: $3,456
Photos: 32
MLS#: N12895010
Area: GEORGINA_(KESWICK_SOUTH)

Features and systems

Parking

No Garage

Basement

None

Heating

Forced airNatural gas

Cooling

None

Exterior

Aluminum siding

Foundation

Concrete

Negative cash flow ~$579/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-7.08%

Cap rate

3.45%

GRM

16.7

Break-even rent

$3,059

Financing

Down payment$98,100

Loan amount$392,400

Mortgage$1,988/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$225

Insurance$80

Maintenance$409

CapEx reserve$204

Vacancy loss$123

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $1,988/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 20, 2026.