185 Maxome Avenue, Toronto, ON

Newtonbrook East, Toronto · MLS® C12792916

$3,299,000
For Sale
Listed 150 days ago
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5Bedrooms
7Bathrooms
2Garage · 6 parking
3500-5000Sq Ft

About this home

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
5 (4 + 1)
Bathrooms
7 (2 half)
Size
3500-5000
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
150
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

Moe’s TakeTeam Asgarian · Broker
In line
$3.69Mest. value

Listed at $3,299,000, this home is within the range of comparable homes, on the lower side. The number above is my independent estimate of value, not the asking price.

Based on 10 similar homes nearby, adjusted for size, beds, and baths.Median of 10 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $3.60M, a close match.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $3.20M
  • Bedrooms −$30K
  • Bathrooms +$15K
  • Adjusts to $3.18M

That comparable adjusts to $3.18M; the $3.69M estimate above is the median of all 10 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

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

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Cummer Ave at Maxome Ave is about a 7-minute walk away.

List price
$3.18MGreat deal$4.21MOverpriced

Total price vs nearby homes. Fair value about $3.69M, median of 10 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Heated floors: comfort and a premium-finish signal.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Value driver
  • Lifestyle
  • Weigh carefully
  • Worth verifying
Comparable listingsCurrently listed nearby in Newtonbrook East · asking prices
$3.97Mavg asking

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

168 Cummer Avenue$2.69M69 Centre Avenue$4.19M215 Northwood Drive$4.50M8 Cadmus Road$4.50M

The 4 closest active listings nearby.

See all comparable homes
3.30MThis home2.69M4.19M4.50M4.50MThis home vs active comparables
Live market pulseActive comparables in Newtonbrook East · median list $3.59M
$776this home / sqft
13active listings nearby
150days on market

This home lists 10% below the area average of $866/sqft.

149 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

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.

Getting around

53/ 100

WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: Cummer Ave at Maxome Ave, about 582 m away

20+ transit stops2 grocery20+ dining20+ parks10 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

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

Bedford Park-Nortown
$2.90M
Lawrence Park South
$2.14M
Wexford-Maryvale
$865K
Downsview-Roding-CFB
$1.06M
High Park-Swansea
$4.99M

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

Affordability & Mortgage

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

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$14,084per month

Mortgage amount $2,639,200 · 4.14% over 25 years

$659,800Down payment (20.0%)
$2,639,200Loan before insurance
$0CMHC premium
$15,676Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$14,084
Property tax
$1,592
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$15,676

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

6.14%Qualifying rate
$17,106/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

$1,585,925Total interest paid
$4,225,125Total of all payments
Principal $2,639,200 Interest $1,585,925
YearPrincipalInterestBalance
1$61,827$107,178$2,577,373
2$64,413$104,592$2,512,959
3$67,108$101,897$2,445,851
4$69,915$99,090$2,375,937
5$72,839$96,166$2,303,097
6$75,886$93,119$2,227,211
7$79,060$89,945$2,148,151
8$82,367$86,638$2,065,784
9$85,812$83,193$1,979,971
10$89,402$79,603$1,890,569
11$93,141$75,864$1,797,428
12$97,037$71,968$1,700,391
13$101,096$67,909$1,599,294
14$105,325$63,680$1,493,969
15$109,731$59,274$1,384,239
16$114,320$54,685$1,269,918
17$119,102$49,903$1,150,816
18$124,084$44,921$1,026,732
19$129,274$39,731$897,457
20$134,682$34,323$762,775
21$140,315$28,690$622,460
22$146,185$22,820$476,275
23$152,299$16,706$323,976
24$158,670$10,335$165,307
25$165,307$3,698$0

At the end of your 5-year term

Total paid over the term
$845,025
Principal paid down
$336,103
Interest paid
$508,922
Balance remaining
$2,303,097

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
Estimate$7,350/mo
$88,200Gross annual rent
1.8%Est. cap rate

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

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

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

2.7%
Gross yield
− Property tax $19,109− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $57,989

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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