48 Terrain Crt is a 2-bedroom, 2-bathroom detached home in East Gwillimbury, listed for $899,900. It has 1100-1500 sq ft of living space.
1This future new built, all-brick 1,328 sq. ft. bungalow by FirstView Homes sits on an impressive 40' x 127' deep lot backing onto open space, offering exceptional backyard privacy.
2Enjoy the convenience of main-floor laundry and direct access from the garage into the home.
3The primary bedroom offers a walk-in closet and private 3-piece ensuite with walk-in shower.
Welcome to the black ash - bungalow living at its best! This future new built, all-brick 1,328 sq. ft. bungalow by FirstView Homes sits on an impressive 40' x 127' deep lot backing onto open space, offering exceptional backyard privacy. Thoughtfully designed with 2 bedrooms plus a home office, this bright, open-concept layout features 9' smooth ceilings throughout, a spacious Great Room and a beautiful kitchen complete with tall upper cabinetry and quartz countertops. Enjoy the convenience of main-floor laundry and direct access from the garage into the home. The primary bedroom offers a walk-in closet and private 3-piece ensuite with walk-in shower. An oak-stained staircase leads to the unfinished basement, complete with a cold cellar and plenty of space to create a future recreation room, additional living space or storage tailored to your needs. Set within a welcoming community surrounded by walking trails and parks, with shopping, restaurants and everyday amenities close by, plus convenient access to the Newmarket GO Station. A fantastic opportunity to own a brand-new bungalow on a deep, private lot - exceptional value that's becoming increasingly hard to find!
2 bedrooms, 2 bathrooms, about 1,100 sq ft, works out to roughly $818 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 48 Terrain Crt
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
1100-1500 sq ftas stated on the listing
Parking
4 spacesYes garage
Basement
Full, Unfinished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
4
Interior
Basement
Full · Unfinished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Detached
48 Terrain Crt Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® N13829372$899,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 48 Terrain Crt Compares to the East Gwillimbury Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$4,421
/mo
based on the purchase price of $899,900
$179,980 cash
$719,920 financed
$606,362 total interest
Principal54%$719,920
Interest46%$606,362
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in East Gwillimbury
Other 3–4 bed homes for sale in East Gwillimbury around $900K.
Average days on market37Homes sold in about 37 days on average.
Sale-to-list ratio97.5%On average, homes sold below asking.
Active listings257Homes for sale here right now.
Median vs prior 90 days+5.6%Compared with May 14 – Aug 12, 2026: prices up.
Based on 159 sales from Aug 12 – Nov 10, 2026 (126 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
48 Terrain Crt is listed at $899,900 (MLS® N13829372). Summitly updates the price as soon as the MLS® record changes.
Is $899,900 a good price for 48 Terrain Crt?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in East Gwillimbury. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 48 Terrain Crt changed?
No — 48 Terrain Crt is still listed at its original asking price of $899,900.
How many bedrooms and bathrooms does 48 Terrain Crt have?
48 Terrain Crt has 2 bedrooms and 2 bathrooms, with about 1,100–1,500 square feet of living space. It is a detached home in East Gwillimbury.
Is 48 Terrain Crt close to transit?
The nearest rapid-transit station is East Gwillimbury GO Station (Barrie GO), about 3.6 km in a straight line. Newmarket GO Station is about 4.5 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 48 Terrain Crt?
About $4,421 a month — principal and interest on $899,900 with 20% down ($179,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 48 Terrain Crt compare with other homes in East Gwillimbury?
Its asking price of $899,900 is about 14% below the median sold price in East Gwillimbury over the last 90 days, $1,050,000, across 159 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 48 Terrain Crt been sold before?
Summitly has no earlier MLS® sale or lease of 48 Terrain Crt on record from the last two years. Older records aren't shown under TRREB rules.
Where is 48 Terrain Crt?
48 Terrain Crt is in East Gwillimbury, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 48 Terrain Crt been on the market?
46 days — 48 Terrain Crt was listed on September 25, 2026.
What is the price per square foot of 48 Terrain Crt?
About $600 to $818 per square foot: the asking price of $899,900 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 48 Terrain Crt have parking or a garage?
Yes — the listing gives 4 parking spaces. Garage: Yes.