185 Maxome Avenue, Toronto, ON

Newtonbrook East, Toronto · MLS® C12792916

$3,299,000
For Sale
Listed 240 days agoNo offer date statedSitting longer than typical
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4+1Bedrooms
7Bathrooms
2Garage · 6 parking
3500-5000Sq ft

About this home

In short

  • Masterfully Built In 2021 With Extremely Detailed Design On A Deep Pool Sized Lot, Backing Onto The Quiet Part of Caswell Park.
  • Impeccable Finishings and Unparalleled Features: Large Size Principal Rooms, Walnut Accent in Walls and Ceilings, Marble Slabs in Foyer Entrance, Wide Oak Hardwood...
  • Gourmet Kitchen Includes State-Of-The Art Wolf&Sub-Zero Appliances, Cabinets&Granite C/Top.
  • Large Master Bedroom with Fireplace, Boudoir W/I Closet & 7-Pc Heated Floor Ensuite W/Steam Sauna.
  • Professional Finished Walk-Out Heated Floor Basement Includes Huge Recreation Room with Wetbar, Gas Fireplace, 2nd Powder Rm, Bedroom, 4Pc Ensuite, and A Large...

Masterfully Built In 2021 With Extremely Detailed Design On A Deep Pool Sized Lot, Backing Onto The Quiet Part of Caswell Park! Impeccable Finishings and Unparalleled Features: Large Size Principal Rooms, Walnut Accent in Walls and Ceilings, Marble Slabs in Foyer Entrance, Wide Oak Hardwood and Porcelain Flooring, Coffered/Dropped Ceiling & Ropelights with Soaring Cling Height > Library/Foyer:14', Basement Rec Rm:12', Main & 2nd Flr:10' !! Contemporary Crown Moulding, Full Panelled Wall In Library, Foyer, Hallways, Living & Dining Room, and Basement Recreation Room. High-End Millwork:Built-In Wall Units, Cabinetry, Closets & Custom Headboard In 4Bedrooms. Gas Fireplaces & Natural Stone Mantels, Washlet Toilets(Toto) for All Washrooms.Gourmet Kitchen Includes State-Of-The Art Wolf&Sub-Zero Appliances, Cabinets&Granite C/Top.Large Master Bedroom with Fireplace, Boudoir W/I Closet & 7-Pc Heated Floor Ensuite W/Steam Sauna! Open Rising Staircase With Night Lights & Skylight Above. Spacious Family Room W/O to Deck & Patio & Fully Fenced Lovely Backyard with 3Gates! Pre-Cast Facade with Bricks in Back and Sides. Professional Finished Walk-Out Heated Floor Basement Includes Huge Recreation Room with Wetbar, Gas Fireplace, 2nd Powder Rm, Bedroom, 4Pc Ensuite, and A Large Roughed In Second Laundry Includes All Cabinetry & Counter Top!

Key facts

Property type
Detached, 2-Storey
MLS®
C12792916
Bedrooms
4+1 (5 total)
Bathrooms
7 (2 half)
Size
3500-5000 sq ft
Lot
50 × 150 ft
Cross streets
Bayview Ave / Ruth Ave / Steeles Ave
Parking
2 garage · 6 parking (attached)
Driveway
Private Double
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Stone, Brick
Foundation
Poured Concrete
Roof
Asphalt Rolled, Asphalt Shingle
Sewer
Sewer
Property tax
$19,109 / 2025
Days on market
240
Listing brokerage
RE/MAX REALTRON BIJAN BARATI REAL ESTATE

Rooms

Bedroom 3Second4.54 × 4.36 m

4 pc ensuite · b/i closet · led lighting

Bedroom 5Lower4.87 × 3.31 m

4 pc ensuite · heated floor · closet organizers

Primary BedroomSecond6.15 × 6.03 m

7 pc ensuite · walk-in closet(s) · wet bar

Bedroom 2Second5.44 × 4.54 m

4 pc ensuite · closet organizers · hardwood floor

Family RoomMain6.15 × 4.81 m

gas fireplace · w/o to deck · coffered ceiling(s)

RecreationLower10.64 × 5.92 m

gas fireplace · wet bar · heated floor

KitchenMain6.18 × 5.43 m

breakfast area · pantry · coffered ceiling(s)

Living RoomMain5.53 × 5.32 m

gas fireplace · bay window · coffered ceiling(s)

Bedroom 4Second4.95 × 3.36 m

4 pc ensuite · closet organizers · led lighting

Dining RoomMain5.29 × 4.91 m

coffered ceiling(s) · panelled · led lighting

LibraryMain4.47 × 3.48 m

coffered ceiling(s) · panelled · b/i bookcase

Our TakeTeam Asgarian · Broker
A small discount is typical
$3.17Mlikely sale price

Listed at $3,299,000. Going by how homes in Newtonbrook East and the wider GTA have actually closed against their asking prices (about 96%, 22 local closings in 90 days), the likely sale price is near $3.17M, if it sells. A realistic range is $2.97M to $3.57M.

Independent value check: $2.85M. Without looking at the asking price, our model values the home itself about 14% below the ask (homes like it typically land between $2.67M and $2.99M).

Why $2.85M. The typical detached home sold in Newtonbrook East over the past year went for about $1.38M (86 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $19,109 a year; the typical home sold here pays about $8,800.
  • ▲ Raises it stronglyIt is 3,500 to 5,000 sq ft; the typical home sold here is 1,500 to 2,000.
  • ▲ Raises it strongly4+1 bedrooms and 7 baths, against 4+1 and 3 typically.

Longer on the market than typical. 240 days on the market against about 39 for homes like it here, and asking 16% above where comparable closings put it.

List price
$2.97MBelow recent closings$3.57MAbove recent closings

Total price vs nearby homes. Likely closing about $3.17M, from 22 recent closings in this pocket.

The market behind the math:

22sold nearby · 90 days
$1.27Mmedian sold price
95%of asking, on average
−11%prices vs a year ago
~22 dayshomes like this take to sell
240days on market so far
$7,754/moest. rent · 13 leases
2.8%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.5 months of inventory: 11 detached homes for sale in the area against 22 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 $776/sqft against an area asking average of $831/sqft.

  • Walk-out basement apartment features. A finished 1 bed walk-out basement apartment. A self-contained space for extended family, guests or potential income. Basements do rent in Newtonbrook East: 38 of the 210 detached leases here lately were basement units, around $1,800 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
  • Ravine / green setting. This home sits beside Caswell Park. A premium that comparable-sales math under-prices, so read the estimate as a floor.
How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 22 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $2.51M. Condition and finishes remain an in-person call.

What the listing highlights5 points to weigh

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

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Heated floors: comfort and a premium-finish signal. Lifestyle
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit

Its public catchment (Cummer Valley Middle School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

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

Priced above comparable homes overall, but the price per square foot ($776/sqft) is below the area, so you are paying for extra space rather than a premium.

The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.

Based on 22 comparable homes that sold in Newtonbrook East over the past two years, from 145 closings there.

What sellers nearby are askingCurrently listed nearby in Newtonbrook East · asking prices
$3.80Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $894/sqft; this home lists at $776/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
3.30MThis home3.99M3.59M3.99M3.90M3.53MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Newtonbrook East: $1.25M in September 2026, down 17% from a year ago, on 69 closings in 8 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$1.43M5
March 2026$1.40M11
April 2026$2.25M7
May 2026$1.38M15
June 2026$1.31M7
July 2026$1.30M7
August 2026$1.28M9
September 2026$1.25M8

Neighbourhood & location

Newtonbrook East, 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.

Willowdale East
$2.99M
Willowdale West
$2.05M
Lansing-Westgate
$2.60M
Bedford Park-Nortown
$2.99M
Lawrence Park South
$2.67M

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 Cummer Valley Middle School
79%
Cummer Valley Middle SchoolPublic · Elementary · 0.8 km awayAbove the GTA average · 79% meet the provincial standard
Avondale Secondary Alternative SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Lillian Public School · Public elementary0.6 km · 62% at standard
Brebeuf College School · Catholic secondary0.7 km · 80% at standard
St Joseph Morrow Park Catholic Secondary School · Catholic secondary0.8 km · 74% at standard
Blessed Trinity Catholic School · Catholic elementary1.3 km · 53% at standard
Lester B Pearson Elementary School · Public elementary1.3 km · 92% at standard
Finch Public School · Public elementary1.5 km · 72% at standard
Steelesview Public School · Public elementary1.6 km · 85% at standard
Drewry Secondary School · Public secondary1.8 km
Newtonbrook Secondary School · Public secondary1.9 km · 68% at standard
Pineway Public School · Public elementary2.3 km · 48% at standard
R J Lang Elementary and Middle School · Public elementary2.3 km · 60% at standard
St Paschal Baylon Catholic School · Catholic elementary2.3 km · 72% at standard

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

Affordability & Mortgage

Affordability
$15,036/mo
$627KIncome needed
5.3×Price ÷ income
$3,470Weekly cost
$140,890Land 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.

90%mortgage
Mortgage $15,036Property tax $1,592Total carry $16,628

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$14,593per month

Mortgage amount $2,639,200 · 4.49% over 25 years

$659,800Down payment (20.0%)
$2,639,200Loan before insurance
$0CMHC premium
$16,185Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$14,593
Property tax
$1,592
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$16,185

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

One-time closing costs

Ontario land transfer tax
$68,950
Toronto municipal land transfer tax
$71,940
Estimated closing costs
$140,890

Plus your down payment of $659,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$17,662/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

$1,738,577Total interest paid
$4,377,777Total of all payments
Principal $2,639,200 Interest $1,738,577
YearPrincipalInterestBalance
1$58,896$116,215$2,580,304
2$61,570$113,541$2,518,734
3$64,365$110,746$2,454,369
4$67,288$107,823$2,387,081
5$70,343$104,768$2,316,738
6$73,537$101,574$2,243,202
7$76,876$98,235$2,166,326
8$80,366$94,745$2,085,960
9$84,015$91,096$2,001,945
10$87,830$87,281$1,914,115
11$91,817$83,294$1,822,298
12$95,986$79,125$1,726,312
13$100,344$74,767$1,625,967
14$104,901$70,211$1,521,067
15$109,663$65,448$1,411,403
16$114,643$60,468$1,296,761
17$119,848$55,263$1,176,913
18$125,289$49,822$1,051,623
19$130,978$44,133$920,645
20$136,925$38,186$783,720
21$143,142$31,969$640,578
22$149,641$25,470$490,937
23$156,435$18,676$334,502
24$163,538$11,573$170,964
25$170,964$4,148$0

At the end of your 5-year term

Total paid over the term
$875,555
Principal paid down
$322,462
Interest paid
$553,094
Balance remaining
$2,316,738

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 13 whole-home leases in Newtonbrook East$7,754/mo
$93,048Gross annual rent
1.9%Cap rate after taxes and upkeep
$6,538 to $8,142Typical rent range
~24 daysTo find a tenant, on average

The suite is real income here: basements rent in Newtonbrook East (38 of 210 recent detached leases were basement units, around $1,800 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,800 a month on top of the upper floors. Permitted use is worth confirming with the city.

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 13 whole-home leases in Newtonbrook East signed at a median of $6,878 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $7,754. 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 $19,109− Insurance $1,400− Vacancy & upkeep $10,235Net operating income $62,304

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTRON BIJAN BARATI REAL ESTATE. MLS®/PropTx.

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