$1,399,000
37 CANAL STREET
Beds
3
Baths
2 full + 1 half
Sqft
—
Year
—
Type
Single Family
Suite
Investment signal
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
A Rare Investment Opportunity On The Prestigious Canal St! This Unique Property Features A Charming Bungalow Situated On A Massive, Combined 100ft x 150ft Waterfront Lot. Strategically Severed Into Two Separate Parcels, Which Provides Unparalleled Flexibility And Future Value. The Current Residence Is A Solid, Well-maintained Bungalow, Perfect For Immediate Lakeside Living Or As A High-demand Rental Property. Enjoy The Expansive 100-foot Canal Frontage, Offering Direct Boat Access To Lake Simcoe And Endless Summer & Winter Recreation, Boating, Fishing, Ice-fishing, Skating, Hockey, Etc. The True Value Lies In The land: With The Severance Already In Place, You Have The Incredible Potential To Build Two Brand-new Custom Luxury Homes In One Of Keswick's Most Sought-after Waterfront Pockets. Whether Choose To Hold And Enjoy The Vast Estate-like Grounds Or Move Forward With Development, The Possibilities Are Endless. Ideally Located In A Mature Community. Shops & Amenities Minutes Away. Community Recreation Center, Canadian Tire, Walmart Supercenter, Metro, Food Basics, Petro Canada All Nearby. Roof 2021. Newly Painted. Just Minutes from Highway 404 And A Short 30 Minutes' Drive To Toronto. This Property Offers A Rare Combination Of Immediate Lifestyle And Massive Future Appreciation. Don't Miss This Chance To Own A Double Piece Of The Canal! (id:65958)
- Subtype
- Single Family
- Architectural style
- Bungalow
- Structure
- House
- Community
- Keswick South
- Common interest
- Freehold
- Lot dimensions
- 100 x 150 FT
- Bedrooms
- 2 above grade, 1 below grade
- Parking
- 6 total
- Stories
- 1
- Fireplace
- 1
- On market
- Apr 20, 2026
- Status changed
- Apr 24, 2026
- Annual tax
- $6,921.6
- Zoning
- RESIDENTIAL
- Photos
- 50
- MLS#
- N13017942
- Area
- GEORGINA_(KESWICK_SOUTH)
Features and systems
Parking
Basement
Appliances
Heating
Cooling
Exterior
Foundation
Community
View
Waterfront
Utilities
Cash on cash
-6.39%
Cap rate
3.59%
GRM
16.7
Break-even rent
$8,569
Financing
Operating expenses (monthly)
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
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.