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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage.

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, 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 trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 55 days

    197 Balmy Beach Road

    Georgian Bluffs·Georgian Bluffs, ON·N4K 5N4·Near Grey Rd 1 To Balmy Beach Rd

    • 2 beds
    Georgian Bluffs real estate›X12004713
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Welcome To Waterfront Luxury Living At 197 Balmy Beach Road! This Spectacular Fully Re-Designed Waterfront Bungalow Features The Ultimate Living In Luxury And Entertainment! Situated Within The Shores Of Breath-Taking Georgian Bay With Its East Exposure You Can Experience Marvelous Sunrises And Sunsets Everyday! This Property Is Absolutely Loaded With High End Finishes From Top To Bottom. The Boasting Windows Along The Waterside Of The Home Highlight The Panoramic Views Of The Georgian Bay. The Chefs Kitchen Comes With A Custom Walk-In Pantry And Upgraded Cambria Quartz Counters. The Great Room Contains A Cathedral Ceiling And Valor Fireplace. Moving To The Walk-Out Lower Level, You Have Another Full Kitchen, Living Room With A Fireplace, And 2 Full Bedrooms. Stepping Outside To Your Outdoor Oasis, You Have A Covered Patio W/ Natural Gas Fireplace And Hot Tub. Stunning Heated Salt Water Pool With A Cabana! Luxury Waterfront Living In Georgian Bay Awaits, Rare Offering, Don't Miss Out! . **EXTRAS** This Home Comes Fully Furnished W/High End Furniture! Spend Summers On The Caribbean Blue, Crystal-Clear Waters Of Georgian Bay, Designed For Life At The Lake. This Stunning Contemporary Waterfront Home Truly Will Take Wow To Another Level

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    AI highlights by Zara
    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jun 30, 2026Previously listedNew$1,890,000 —X13506190View
    May 13, 2026Previously listedTer$2,299,000 —X13123120View
    Feb 25, 2026Previously listedTer$2,399,000 —X12820684View
    Nov 6, 2025Previously listedTer$5,000 —X12518644View
    Nov 5, 2025Previously listedTer$2,500,000 —X12512596View
    Sep 3, 2025Previously listedTer$2,500,000 —X12378633View
    Jul 7, 2025Previously listedSus$2,549,000 —X12267024View
    Jun 2, 2025Previously listedTer$2,549,000 —X12189767View
    Apr 30, 2025Previously listedTer$2,649,000 —X12112186View
    Mar 6, 2025ListedCurrentFor sale$2,649,000 —X12004713This page
    Jan 21, 2025Previously listedTer$2,649,000 —X11933837View
    May 3, 2024Previously listedSus$2,649,000 —X8301636View
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      4
      Heating
      Forced Air
      Air conditioning
      Central Air
      Water source
      Municipal
      Sewer
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 197 Balmy Beach Road
    What's nearby

    Points of interest classified by the MLS® feed.

    • Beach
    • Golf
    • Hospital
    • Marina
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $13,014
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $1,042
    0.47% mill rate · ON
    The market

    How this home sits in the Georgian Bluffs market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Georgian Bluffs market right now

    Average sold price, days on market, and closed-transaction count for Georgian Bluffs — sourced from MLS®.

    • Avg sold price
      $785,396
      Last 30 days
    • Median sold price
      $652,500
      Middle of the market
    • Days on market
      45 d
      Avg from list to close
    • Closed last 30d
      61
      MLS® transactions
    Full Georgian Bluffs market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 197 Balmy Beach Road — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 197 Balmy Beach Road and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 197 Balmy Beach Road listed for?

      197 Balmy Beach Road is listed at $2,649,000 on the MLS® (listing X12004713). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 197 Balmy Beach Road have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. 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.

  1. 4 baths
  2. 2000-2500 sqft
  3. Detached
  4. Asking
    $2,649,000
    $0 / sqft · MLS® X12004713
    Chat Zara
  5. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $573,339
    $527,472Confidence range$619,206
    Asking vs estimate
    ↑↑well-above
    +$2,075,661
    (+362.0%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 2 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Georgian Bluffs sell in about 45 days — this one has been listed 55 days.

    Avg sold price
    $785,396
    Median sold
    $652,500
    Avg days on market
    45
    Recently sold
    61
    See comparable sales
    Walk through online
    Listing agent has provided a interactive tour
    Open virtual tour
    The Boasting Windows Along The Waterside Of The Home Highlight The Panoramic Views Of The Georgian Bay.
  6. The Chefs Kitchen Comes With A Custom Walk-In Pantry And Upgraded Cambria Quartz Counters.
  7. Moving To The Walk-Out Lower Level, You Have Another Full Kitchen, Living Room With A Fireplace, And 2 Full Bedrooms.
  8. Stepping Outside To Your Outdoor Oasis, You Have A Covered Patio W/ Natural Gas Fireplace And Hot Tub.
  9. Ask Zara a follow-up
    Septic
  10. Parking & garage

    4
    Garage
    Attached
    Garage spaces
    4
    Parking spaces
    8
    Driveway
    Private Double
  11. Interior

    4
    Basement
    Finished with Walk-Out, Full
    Family room
    N
    Kitchens
    1
    Total rooms
    11
  12. Exterior & construction

    5
    Exterior
    Brick
    Roof
    Shingles
    Foundation
    Concrete
    Waterfront
    Y
    Pool
    Inground
  13. Lot & land

    2
    Lot dimensions
    116.00 x 160.00 Feet
    Zoning
    Shoreline Residential
  14. Listing & possession

    3
    Occupancy
    Flexible
    Property style
    Bungalow
    Property class
    Detached
  15. Room-by-room · 11 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Main level

    7 rooms
    • Bedroom 2
      pot lights · double closet · overlooks frontyard
      12.2 × 9.8 ft
    • Dining Room
      open concept · pot lights · overlooks frontyard
      21.3 × 14.3 ft
    • Kitchen
      pantry · quartz counter · open concept
      16.2 × 11.7 ft
    • Primary Bedroom
      soaking tub · 5 pc ensuite · walk-in closet(s)
      18.4 × 17.7 ft
    • Mud Room
      14.3 × 5.2 ft
    • Living Room
      cathedral ceiling(s) · crown moulding · fireplace
      23.0 × 18.4 ft
    • Sitting
      w/o to deck · overlooks pool · pot lights
      15.3 × 12.4 ft

    Lower level

    3 rooms
    • Recreation
      fireplace · w/o to patio · pot lights
      34.1 × 32.2 ft
    • Bedroom 4
      Pot Lights
      17.8 × 10.9 ft
    • Bedroom 3
      Pot Lights
      16.3 × 12.0 ft

    null level

    1 room
    • Kitchen
      combined w/rec · overlooks backyard · pot lights
      12.4 × 7.8 ft
  16. School Bus Route
  17. Waterfront
  18. Combined estimate
    $14,056
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $13,014
    /mo
    based on the purchase price of $2,649,000
    $529,800 cash
    $2,119,200 financed
    $1,784,923 total interest
    Monthly payment$13,014/ month
    Principal54%$2,119,200
    Interest46%$1,784,923

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    Comparable detacheds that just sold in Georgian Bluffs

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 210194 Burgess Side Road
      Sold
      Sign in for price
      210194 Burgess Side Road
      Detached
    • 102008 Grey 5 Road
      Sold
      Sign in for price
      102008 Grey 5 Road
      Detached
    • 283295 Concession 10 Concession
      Sold
      Sign in for price
      283295 Concession 10 Concession
      Detached
    • 237868 Inglis Falls Road
      Sold
      Sign in for price
      237868 Inglis Falls Road
      Detached
    • 259106 Sarawak Keppel Townline
      Sold
      Sign in for price
      259106 Sarawak Keppel Townline
      Detached
    • 504853 Grey Road 1
      Sold
      Sign in for price
      504853 Grey Road 1
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    197 Balmy Beach RoadThis home2 / 420,002,500$2,649,000ask———
    210194 Burgess Side Road3 / 22,000—
    102008 Grey 5 Road3 / 11,100—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More detacheds in Georgian Bluffs

    Active listings within ±20% of this asking price.

    • 119 Ishwar Drive
      $2,499,900
      119 Ishwar Drive
      Detached 4 7
    • 285 BALMY BEACH Road
      $2,999,999
      285 BALMY BEACH Road
      Detached 1 2
    • 361 Balmy Beach Road
      $2,375,000
      361 Balmy Beach Road
      Detached 4 5
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  19. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  20. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  21. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  22. Public listing courtesy of COLDWELL BANKER SUN REALTY · displayed on Summitly per MLS® data-share rules

    197 Balmy Beach Road is a 2-bedroom, 4-bath, 2000-2500 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  23. When was 197 Balmy Beach Road built?

    The year built for 197 Balmy Beach Road isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  24. What is the property tax for 197 Balmy Beach Road?

    The 'Property tax' tab in the History section shows the most recent annual tax for 197 Balmy Beach Road plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  25. How much would the monthly mortgage be on 197 Balmy Beach Road?

    The affordability calculator on this page shows an estimated monthly mortgage for $2,649,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  26. Has 197 Balmy Beach Road been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 197 Balmy Beach Road with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  27. What neighbourhood is 197 Balmy Beach Road in?

    197 Balmy Beach Road is in Georgian Bluffs, Georgian Bluffs. The 'Neighbourhood' section below links to the live Georgian Bluffs real estate hub with average sold price, days on market, and current inventory.

  28. Is Georgian Bluffs a good place to live?

    Georgian Bluffs is one of ON's actively-tracked Summitly markets. The full Georgian Bluffs real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  29. 283295 Concession 10 Concession
    4 / 2
    1,100
    —
    237868 Inglis Falls Road3 / 32,500—
    259106 Sarawak Keppel Townline3 / 11,100—
    504853 Grey Road 12 / 31,500—