2 Lesgay Crescent, Toronto, ON

Don Valley Village, Toronto · MLS® C12685100

$1,338,000
For Sale
Listed 243 days agoNo offer date statedPrice drop likely
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3+1Bedrooms
2Bathrooms
1Garage · 8 parking
1100-1500Sq ft

About this home

In short

  • Stunning & Sun-Filled 3+1 Bedroom Detached Home on a Tranquil, Tree-Lined Street in One of North Yorks Most Prestigious Neighbourhoods.
  • Beautifully Renovated with Premium Finishes No Expense Spared.
  • Step Onto The Charming Front Porch And Be Wowed By Parking For Up To 4 Vehicles.
  • The Open-Concept Living And Dining Space Is Filled With Natural Light From A Large Picture Window And Anchored By A Chic Modern Accent Wall.
  • The Chefs Kitchen Is A Showstopper, Boasting A Spacious Granite Island Ideal For Cooking, Hosting, And Everyday Family Life,Spacious Cabinets Space,Top-Of-The-Line...

Stunning & Sun-Filled 3+1 Bedroom Detached Home on a Tranquil, Tree-Lined Street in One of North Yorks Most Prestigious Neighbourhoods.Beautifully Renovated with Premium Finishes No Expense Spared! Sits On A Rare Wide Oversized Lot, Fully Fenced For Ultimate Privacy And Security. A Stylish Luxury Metal Gate Sets The Tone, Leading To Two Expansive Yards And A Stunning Paved Interlocking Stone Patio Perfect For Summer Entertaining Or Extra Parkings.Step Onto The Charming Front Porch And Be Wowed By Parking For Up To 4 Vehicles. Inside, You'll Find A Sophisticated Interior With Modern Luxury Finishes, Lots Of Elegant Pot Lights, And Gleaming Floors Throughout. The Open-Concept Living And Dining Space Is Filled With Natural Light From A Large Picture Window And Anchored By A Chic Modern Accent Wall.The Chefs Kitchen Is A Showstopper, Boasting A Spacious Granite Island Ideal For Cooking, Hosting, And Everyday Family Life,Spacious Cabinets Space,Top-Of-The-Line Modern Stainless Steels Appliances. The Finished Functional Basement Offers A Cozy Bedroom And A Stylish 3-Piece Bath for Extra Living Space.Enjoy Peace Of Mind On This Low-Traffic Crescent, Friendly Neiborhood While Being Minutes From Everything: Top-Rated Schools (Public, Catholic, French immersion), Highways 401/404/DVP, Leslie Subway Station,Groceries,Super Markets,Fairview Mall, Restaurants,Hospital And Nymark Plaza Just Steps Away. Showing With Confidence.Don't Miss This Rare Move-In-Ready Gem In Prime North York.

Key facts

Property type
Detached, Sidesplit 3
MLS®
C12685100
Bedrooms
3+1 (4 total)
Bathrooms
2
Size
1100-1500 sq ft
Lot
51.11 × 121.26 ft
Cross streets
Leslie & Sheppard
Parking
1 garage · 8 parking (attached)
Driveway
Private, Front Yard Parking
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,178 / 2025
Days on market
243
Listing brokerage
HOMEART REALTY SERVICES INC.

Rooms

Living RoomMain17.42 × 10.59 m

large window · laminate · east view

Bedroom 2Upper10.46 × 10.20 m

laminate · double closet · window

BedroomBasement8.20 × 2.70 m

laminate · above grade window · 3 pc bath

Primary BedroomUpper15.41 × 9.21 m

laminate · large closet · window

Living RoomBasement16.40 × 5.40 m

laminate · above grade window

Dining RoomMain9.77 × 9.71 m

w/o to garage · laminate · picture window

KitchenMain12.69 × 9.12 m

granite counters · laminate · w/o to yard

Bedroom 3Upper9.31 × 8.10 m

laminate · closet · window

Our TakeTeam Asgarian · Broker
In line
$1.26Mest. value

Listed at $1,338,000 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $1.26M, typically $1.17M to $1.39M. Comparable closings on their own put this home around $1.06M, so the ask carries a premium over the comparables: the seller is pricing in the finishes, the lot, or room to negotiate. That gap is your negotiating room.

A price cut is the likelier next move. 243 days on the market against about 34 for homes like it here, and asking 7% above where comparable closings put it. That is leverage for a buyer: offer with it in mind rather than waiting for the cut, since a reduction brings new eyes with it.

Second read, from the city assessment: $1.06M. Similar homes sold in line with their assessments, and this one lands close to the comparable-sales figure, which is what a firm read looks like.

List price
$1.17MBelow recent closings$1.39MAbove recent closings

Total price vs nearby homes. Fair value about $1.26M, median of 50 comparables.

The market behind the math:

20sold nearby · 90 days
$1.15Mmedian sold price
96%of asking, on average
−15%prices vs a year ago
~34 dayshomes like this take to sell
243days on market so far
$3,150/moest. rent · 27 leases
2.8%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.7 months of inventory: 11 detached homes for sale in the area against 20 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $1,029/sqft against an area asking average of $776/sqft. Size and $/sqft both feed the estimate above.

How this estimate is builtthe short version

I take the 50 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $1.06M, a bit lower.

What the listing highlights3 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit

The assigned public school is Don Valley Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in Don Valley Village, so I widened the search to the surrounding area.

Based on 50 comparable homes that sold in Don Valley Village over the past two years, from 112 closings there.

What sellers nearby are askingCurrently listed nearby in Don Valley Village · asking prices
$1.27Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $1.06M, which is where my estimate comes from.

Per square foot, these ask about $904/sqft; this home lists at $1,029/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
1.34MThis home1.19M1.26M1.19M1.43MThis home vs active comparables

Neighbourhood & location

Don Valley Village, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Wexford-Maryvale
$1.10M
Newtonbrook West
$1.70M
Clairlea-Birchmount
$833K
Centennial Scarborough
$1.14M
Birchcliffe-Cliffside
$1.25M

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Woodbine Middle School
45%
Woodbine Middle SchoolPublic · Elementary · 1.2 km awayBelow the GTA average · 45% meet the provincial standard
St. MatthiasEQAO results not published
Also nearby: 12 more schools within 2.5 km
Lescon Public School · Public elementary0.5 km · 44% at standard
Divine Mercy Catholic School · Catholic elementary0.7 km · 61% at standard
Dallington Public School · Public elementary0.8 km · 44% at standard
Crestview Public School · Public elementary1.0 km · 69% at standard
St Timothy Catholic School · Catholic elementary1.2 km · 80% at standard
North East Secondary Alternative School · Public secondary1.2 km
Our Lady of Guadalupe Catholic School · Catholic elementary1.4 km
Shaughnessy Public School · Public elementary1.5 km · 68% at standard
Kingslake Public School · Public elementary1.6 km · 55% at standard
Elkhorn Public School · Public elementary1.6 km · 85% at standard
Seneca Hill Public School · Public elementary1.7 km · 92% at standard
Bayview Middle School · Public elementary1.8 km · 80% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$6,098/mo
$252KIncome needed
5.3×Price ÷ income
$1,407Weekly cost
$46,470Land transfer tax, one-time (Ontario + Toronto)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

92%mortgage
Mortgage $6,098Property tax $515Total carry $6,613

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.24%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.09% via Ratehub.ca (as of September 11, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,771per month

Mortgage amount $1,070,400 · 4.24% over 25 years

$267,600Down payment (20.0%)
$1,070,400Loan before insurance
$0CMHC premium
$6,285Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,771
Property tax
$515
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,285

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$23,235
Toronto municipal land transfer tax
$23,235
Estimated closing costs
$46,470

Plus your down payment of $267,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.24%Qualifying rate
$7,002/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$660,794Total interest paid
$1,731,194Total of all payments
Principal $1,070,400 Interest $660,794
YearPrincipalInterestBalance
1$24,731$44,516$1,045,669
2$25,791$43,457$1,019,877
3$26,896$42,352$992,981
4$28,049$41,199$964,932
5$29,251$39,997$935,682
6$30,504$38,744$905,178
7$31,811$37,437$873,367
8$33,174$36,074$840,193
9$34,596$34,652$805,597
10$36,078$33,170$769,519
11$37,624$31,624$731,895
12$39,236$30,012$692,659
13$40,917$28,330$651,741
14$42,671$26,577$609,071
15$44,499$24,749$564,572
16$46,406$22,842$518,166
17$48,394$20,853$469,771
18$50,468$18,780$419,303
19$52,631$16,617$366,673
20$54,886$14,362$311,787
21$57,238$12,010$254,550
22$59,690$9,558$194,860
23$62,248$7,000$132,612
24$64,915$4,333$67,697
25$67,697$1,551$0

At the end of your 5-year term

Total paid over the term
$346,239
Principal paid down
$134,718
Interest paid
$211,521
Balance remaining
$935,682

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
From 27 whole-home leases in Don Valley Village$3,150/mo
$37,800Gross annual rent
1.9%Cap rate after taxes and upkeep
$2,725 to $3,424Typical rent range
~36 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 27 whole-home leases in Don Valley Village signed at a median of $3,192 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,150. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

2.8%
Gross yield
− Property tax $6,178− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $26,064

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMEART REALTY SERVICES INC.. MLS®/PropTx.

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