108 Old Colony Road, Toronto, ON
St. Andrew-Windfields, Toronto · MLS® C12849880
About this home
Welcome to 108 Old Colony Rd, a spacious and elegant 5 bedroom, 5-bathroom residence nestled in one of Toronto's most prestigious neighbourhoods. Set on a beautifully treed 70 x 225 ft lot, this impressive 2-storey brick home offers exceptional space, timeless character, and endless potential for personal customization. The main floor features a grand marble foyer, formal living and dining rooms overlooking the garden, a panelled family room with fireplace, and a sunlit eat-in kitchen with walkout to the deck perfect for entertaining. A private library with its own 2-piece bath provides an ideal work-from-home setup. Upstairs, the generously sized primary bedroom boasts a walk-in closet and luxurious 5-piece ensuite. Two additional bedrooms share a semi-ensuite bath, while two more spacious bedrooms offer flexible living arrangements.The finished walk-out lower level includes a large recreation room, games room, home office, and 6th bedroom all ideal for multi-generational living or nanny quarters. This is a rare opportunity to own a classic estate-style home in a prime Toronto enclave. Proposed Architecture plan ready for permit.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C12849880
- Bedrooms
- 5
- Bathrooms
- 5 (2 half)
- Size
- 3500-5000
- Lot
- 91.98 × 276.93 ft
- Cross streets
- Bayview Ave & Old Colony Rd
- Parking
- 2 garage · 10 parking (attached)
- Driveway
- Private
- Basement
- Finished with Walk-Out
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Unknown
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $15,251 / 2025
- Days on market
- 134
- Listing brokerage
- AXON CAPITAL REALTY ADVISORS INC.
Rooms
separate room · double doors · overlooks garden
5 pc ensuite · walk-in closet(s) · broadloom
panelled · hardwood floor · fireplace
eat-in kitchen · w/o to deck
parquet · overlooks garden · 2 pc bath
semi ensuite · double closet · 5 pc bath
semi ensuite · double closet
Marble Floor
fireplace · hardwood floor
Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.
Ask Moe if this price is fairOn schools, this address is zoned for York Mills Collegiate Institute, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.
On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Bannatyne Dr at Dunlace Dr is about a 4-minute walk away.
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.
- Primary suite: a key comfort and resale feature.
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 36% above the area average of $965/sqft.
133 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
St. Andrew-Windfields, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Somewhat 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.
Some errands on foot, but most trips need a car.
🚉 Nearest transit: Bannatyne Dr at Dunlace Dr, about 352 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $4,472,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $23,864
- Property tax
- $1,271
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $25,135
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $126,225
- Toronto municipal land transfer tax
- $173,925
- Estimated closing costs
- $300,150
Plus your down payment of $1,118,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $1,431,855
- Principal paid down
- $569,510
- Interest paid
- $862,345
- Balance remaining
- $3,902,490
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.
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
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 numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of AXON CAPITAL REALTY ADVISORS INC.. MLS®/PropTx.