38 Pheasant Road, Toronto, ON
Newtonbrook East, Toronto · MLS® C12955030
About this home
Just renovated!!! new kitchen, new 5 wash room, completely new deck. Very Rare Find-75Ft Widen Lot! Magnificent-Stone/Brick Exterior with Superior Quality/Workmanship-Aprx 7000Sf(Incl Bsmt)/5+3Bedrms/7Washrms--*10Feet on Main Floor,9Feet on Second Floor and Basement, Solid Mohagany Entrance Limestone/Hardwood Flooring, Intensive Wood mills Work, Buit In Shelves,3Gas Fireplaces,2 Sky Lights ,Hi-End Kit Cabinet, Centre Island, premium stone countertops,Enjoy the spacious open-concept kitchen with an enlarged centre island offering seating for four, ideal for casual dining, family gatherings, and entertaining. High-quality finishes, sleek cabinetry, and abundant storage complete this impressive space. Build In Speaker/Music Syterms,7Peicec Spa-Like EnSiute, Cvac, Haolgen Lit, Wainscoting, Imported Marble Floor with Border & Chevron Design in Foyer and Main Hallway. Professional Finished Walk -Up Basement including Large Rec Room and Morden Wet Bar. Two Walk-Up Entrance Basement. Complemented By Professional Landscaping, Custom Interlock (2022), Long Interlocked Driveway & No Sidewalk in Front& Stunning Night Lighting, New Garage Door (2023), New Roof (2023), New A/C (2023), Security doors and Windows. Don't miss this dream house.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C12955030
- Bedrooms
- 8 (5 + 3)
- Bathrooms
- 7 (1 half)
- Size
- 3500-5000
- Lot
- 75 × 100 ft
- Cross streets
- Yonge&Finch
- Parking
- 2 garage · 6 parking (attached)
- Driveway
- Private
- Basement
- Finished, Walk-Up
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Concrete Block, Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $18,219 / 2026
- Days on market
- 111
- Listing brokerage
- AIMHOME REALTY INC.
Rooms
hardwood floor · fireplace · crown moulding
hardwood floor · walk-in closet(s) · 4 pc bath
fireplace · hardwood floor · overlooks backyard
hardwood floor · walk-in closet(s) · overlooks backyard
hardwood floor · indirect lights · crown moulding
b/i ctr-top stove · breakfast area · b/i dishwasher
w/o to yard · wet bar · laminate
overlooks backyard · marble floor · crown moulding
hardwood floor · walk-in closet(s) · 4 pc bath
hardwood floor · walk-in closet(s) · 4 pc bath
b/i shelves · panelled · hardwood floor
hardwood floor · walk-in closet(s) · 7 pc bath
Listed at $3,159,900, this home is about 25% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.
Priced above comparable homes overall, but the price per square foot ($744/sqft) is in line with the area, so you are paying for extra space rather than a premium.
In Newtonbrook East lately, sellers have been getting about 96% of asking and homes sell in about 32 days.
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.
This home has a walk-up basement — extra light, usable space, and income potential that comparable-sales math tends to under-price. Read this estimate as a conservative floor for it; I can pull walk-up comparables to pin the number.
Based on 6 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 6 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.79M, a bit higher. The listing gives square footage as a wide range, so the size adjustment (and this estimate) is approximate; confirming exact size would sharpen it.
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, sold for $2.17M
- Bedrooms +$30K
- Bathrooms +$60K
- Adjusts to $2.27M
That comparable adjusts to $2.27M; the $2.53M estimate above is the median of all 6 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.
Its public catchment (Cummer Valley Middle School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Total price vs nearby homes. Fair value about $2.53M, median of 6 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.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
- Open-concept layout: modern, sought-after flow. Lifestyle
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 6 active listings nearby.
See all comparable homesThis home lists 3% below the area average of $764/sqft.
110 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Newtonbrook East, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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 23, 2026); conventional rates run a little higher.
Mortgage amount $2,527,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $13,490
- Property tax
- $1,518
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $15,008
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $65,473
- Toronto municipal land transfer tax
- $67,072
- Estimated closing costs
- $132,544
Plus your down payment of $631,980. 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
- $809,395
- Principal paid down
- $321,931
- Interest paid
- $487,464
- Balance remaining
- $2,205,989
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
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 AIMHOME REALTY INC.. MLS®/PropTx.