49 Pheasant Road, Toronto, ON

Newtonbrook East, Toronto · MLS® C12894970

$3,590,000
For Sale
Listed 123 days ago
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6Bedrooms
7Bathrooms
2Garage · 6 parking
3500-5000Sq Ft

About this home

Magnificent Luxury Custom Built Home On 70' Wide Lot! Very rare in the Neighborhood. Impressive Finishes. Grand Foyer W/32' High Ceil. Marble Floor & Unique Dome & Skylight. Solid 10' Mahogany Door. 10' ceiling on 3 floors. Gourmet kit with Granite Counter Top. 3 Accessible Balconies. Amazing Rec Room with Wet Bar in the basement. Fireplace with stone wall. In law Apt with 2 bedrooms and 4 pcs Ensuite . **EXTRAS** 2 Furances, 2 A/C, Butler Pantry W/Wine Cooler. Wine Celler W/Cedar Shelving In Basement. Direct Access To Garage. Side Entrance. Walk-out basement.

Key facts

Property type
Detached, 2-Storey
MLS®
C12894970
Bedrooms
6 (4 + 2)
Bathrooms
7 (2 half)
Size
3500-5000
Lot
70 × 99.75 ft
Cross streets
Willowdale/Cummer
Parking
2 garage · 6 parking (built-in)
Driveway
Private
Basement
Apartment, Finished with Walk-Out
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$20,383 / 2025
Days on market
123
Listing brokerage
T-ONE GROUP REALTY INC.,

Rooms

Bedroom 5Basement4.64 × 2.81 m

4 pc bath · above grade window · double closet

Living RoomBasement6.87 × 4.63 m

gas fireplace · w/o to garden · combined w/kitchen

KitchenMain4.70 × 3.90 m

centre island · granite counters · combined w/kitchen

RecreationBasement9.71 × 7.29 m

wet bar · gas fireplace · 2 pc bath

Bedroom 4Second4.69 × 6.15 m

3 pc ensuite · coffered ceiling(s) · w/o to balcony

Bedroom 3Second5.45 × 5.58 m

3 pc ensuite · w/o to balcony · walk-in closet(s)

Living RoomMain5.63 × 3.80 m

crown moulding · gas fireplace · halogen lighting

Family RoomMain6.50 × 4.15 m

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

Bedroom 2Second4.05 × 4.96 m

4 pc ensuite · coffered ceiling(s) · walk-in closet(s)

Dining RoomMain5.63 × 4.50 m

coffered ceiling(s) · wainscoting · combined w/living

Primary BedroomSecond7.20 × 5.87 m

coffered ceiling(s) · 6 pc ensuite · walk-in closet(s)

LibraryMain2.90 × 3.65 m

b/i bookcase · separate room · hardwood floor

Moe’s TakeTeam Asgarian · Broker
In line
$3.30Mest. value

Listed at $3,590,000, this home is within the range of comparable homes, on the higher side. The number above is my independent estimate of value, not the asking price.

Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $3.59M, 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
  • Bathrooms +$15K
  • Adjusts to $3.21M

That comparable adjusts to $3.21M; the $3.30M estimate above is the median of all 5 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, this is a more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.

List price
$3.21MGreat deal$3.99MOverpriced

Total price vs nearby homes. Fair value about $3.30M, median of 5 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.

  • Walk-out basement: natural light and strong in-law or income potential.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Income potential
  • Worth verifying
  • Value driver
Comparable listingsCurrently listed nearby in Newtonbrook East · asking prices
$3.75Mavg asking

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

139 Newton Drive$3.99M5 Lloydminster Crescent$3.20M31 Caswell Drive$3.17M19 Michigan Drive$3.90M205 Northwood Drive$4.50M

The 5 closest active listings nearby.

See all comparable homes
3.59MThis home3.99M3.20M3.17M3.90M4.50MThis home vs active comparables
Live market pulseActive comparables in Newtonbrook East · median list $3.20M
$845this home / sqft
15active listings nearby
123days on market

This home lists 1% above the area average of $835/sqft.

121 days longer than the Toronto average (2 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

0/ 100

Car-DependentA 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.

Almost all errands require a car.

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.

Newtonbrook West
$1.75M
Bedford Park-Nortown
$3.35M
Lawrence Park South
$2.27M
Wexford-Maryvale
$872K
Downsview-Roding-CFB
$1.15M

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 · 0.7 km awayAbove the GTA average · 79% meet the provincial standard
Avondale Secondary Alternative SchoolEQAO results not published

Affordability & Mortgage

Affordability
$16,362/mo
$681KIncome needed
5.3×Price ÷ income
$3,776Weekly 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.

91%mortgage
Mortgage $16,362Property tax $1,699Total carry $18,061

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 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$15,326per month

Mortgage amount $2,872,000 · 4.14% over 25 years

$718,000Down payment (20.0%)
$2,872,000Loan before insurance
$0CMHC premium
$17,025Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$15,326
Property tax
$1,699
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$17,025

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

One-time closing costs

Ontario land transfer tax
$76,225
Toronto municipal land transfer tax
$82,125
Estimated closing costs
$158,350

Plus your down payment of $718,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$18,615/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

$1,725,817Total interest paid
$4,597,817Total of all payments
Principal $2,872,000 Interest $1,725,817
YearPrincipalInterestBalance
1$67,281$116,632$2,804,719
2$70,095$113,817$2,734,624
3$73,027$110,885$2,661,596
4$76,082$107,831$2,585,514
5$79,264$104,648$2,506,250
6$82,580$101,333$2,423,670
7$86,034$97,879$2,337,636
8$89,633$94,280$2,248,004
9$93,382$90,531$2,154,622
10$97,288$86,625$2,057,334
11$101,357$82,555$1,955,977
12$105,597$78,316$1,850,380
13$110,014$73,899$1,740,366
14$114,616$69,297$1,625,750
15$119,410$64,503$1,506,340
16$124,405$59,508$1,381,936
17$129,608$54,305$1,252,328
18$135,029$48,883$1,117,298
19$140,678$43,235$976,621
20$146,562$37,351$830,059
21$152,692$31,220$677,366
22$159,079$24,833$518,287
23$165,733$18,179$352,554
24$172,666$11,247$179,888
25$179,888$4,025$0

At the end of your 5-year term

Total paid over the term
$919,563
Principal paid down
$365,750
Interest paid
$553,814
Balance remaining
$2,506,250

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
1.6%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.

2.5%
Gross yield
− Property tax $20,383− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $56,715

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

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