2477 Hornes Road, East Gwillimbury

$2,380,000
2477 Hornes Road

$2,380,000

New
22d
Detached2-Storey

2477 Hornes Road, East Gwillimbury

Total Monthly Obligation $10,591

Beds
5
Baths
3
Park
10
Sqft
5000 +
DOM
22d
Score
13
Yield
2.0%
Cash on Cash
-14.2%
Cap Rate
1.5%
5Y IRR
4.5%
10Y IRR
6.1%
Property Type-Detached
MLS® Number-N13852652
Beds-5
Bathrooms-3
Size-5000 + sqft
Lot Size-316.73 × 1396.98 ft
Listed on site-Oct 1, 2026
Style-2-Storey
Building Type-Detached
Taxes-$7,382.93 (2026)
Parking-12.5 - Attached
Basement-Unfinished, Separate Entrance
Heating-Heat Pump (Other)
Brokerage-REAL ONE REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Propane, Family Room
Pool-None
Facing-South
Exterior-Stone, Stucco (Plaster)
Roof-Tile
Foundation-Concrete Block
Sewer-Septic
Possession-TBD
Neighbourhood-Rural East Gwillimbury
Title-Residential Freehold

No agent assigned

A Romantic Tree-Lined Winding Driveway Leads To This Sensational Estate Known As Queensville Estate Situated on 10-Acre Picturesque Land. This Architectural Masterpiece Showcases Over 5500 Sf Living Space Above Grade With 5 Bedrooms. Fabulous Open Concept Floor Plan Blends Timeless Elegance And Modern Indulgence. Spectacular Views Grace Every Room. A Breathtaking 2-storey Great Room Features 25' Cathedral Ceiling Flooded With South Facing Natural Light. Stunning Open To Above Foyer With Floating Solid Oak Stairs. This immaculate Home Boasts Exquisite Gourmet Kitchen With Granite Countertop And Backsplash, Centre Island and Breakfast Bar. Spacious Guest Bedroom On Main Floor With A Full Bathroom. Enjoyable Working-At-Home Experience In Over-Sized Office With Separate Entrance. Impressive Master Bedroom With Her/His Walk-In Closets. Extra Large 5 Piece Ensuite With Stylish Freestanding Tub and Walk-Through Glass Shower. Shutters And Solid Oak Doors Throughout. Lasting Marley Title Roof. Heat Pump (Geothermal) For Heating And Cooling Saves Utility Costs. Complete Water Treatment Equipment. Enjoy Endless Summer and Starry Night Sky On Massive Decks/Patio Watching Mesmerizing Campfire In The Huge Fire Pit. Whether Hosting Family Barbecues Or Watching The Sun Set Over The Fields, It Offers The Space And Serenity To Enjoy Life's Simple Pleasures. Idyllic Country Living Yet Being Urban Convenient. Located Minutes From Highway 404 And The Advancing Bradford Bypass, It Provides Easy Access To The City While Remaining Firmly Rooted In Nature. The Booming Queensville Community, New Community Centre, New Schools and the Future New Southlake Hospital Just Across Highway. Short Distance To Costco, Malls and GO Train Station. Queensville Estate Offers Endless Possibilities For Future Use. Equestrian Facilities, A Hobby Farm, Even A Tennis Court, Putting Green And Pool Pavilion - Making This Estate Not Only A Dream Home But A Legacy Property For Years To Come.

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$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$1,904,000
Land Transfer Taxes$45,975
Legal Fees (Est.)
$
Total cash required for closing$523,475

Total Monthly Obligation

$10,591/mo
Mortgage $9,600
Monthly Loss $8,064
Principal$2,526
Interest$7,074
Property Tax$615
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.3%9
Cash-on-Cash
-16.6%0
5-Year IRR
2.5%6
10-Year IRR
4.8%
Returns Index
4.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
13/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$46,800/yr
NOI
$30,237/yr
Net Cash Flow
-$7,081/mo
Cash Margin
-181.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.262
LTV Ratio
80.0%18
Vacancy Buffer
0.9 mo16
Risk Index
12.0/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 2477 Hornes Road

Time

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