38 Pheasant Road, Toronto, ON
Newtonbrook East, Toronto · MLS® C12955030
About this home
In short
- 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...
- 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.
- Complemented By Professional Landscaping, Custom Interlock (2022), Long Interlocked Driveway & No Sidewalk in Front& Stunning Night Lighting, New Garage Door (2023)...
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
- 5+3 (8 total)
- Bathrooms
- 7 (1 half)
- Size
- 3500-5000 sq ft
- 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
- 196
- 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. 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 $3.04M, if it sells. A realistic range is $2.85M to $3.42M.
Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The usual reason is something the record cannot show: a rebuild, a second unit, or a lot or setting unlike the homes around it.
Longer on the market than typical. 196 days on the market against about 39 for homes like it here, and asking 26% above where comparable closings put it.
Total price vs nearby homes. Likely closing about $3.04M, from 22 recent closings in this pocket.
The market behind the math:
About 0.7 months of inventory: 5 detached homes for sale in the area against 22 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $744/sqft against an area asking average of $729/sqft.
- Walk-up basement. Extra light, usable space, and income potential, so the estimate is a conservative floor for it.
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 $2.35M. Condition and finishes remain an in-person call.
What the listing highlights4 points to weigh
Claims from the listing, worth confirming in person. I can 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
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 ($744/sqft) is in line with 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.
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 $729/sqft; this home lists at $744/sqft. Size is part of the price story, not just the sticker.
The 5 closest active listings nearby.
See all comparable homesSold 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.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.43M | 5 |
| March 2026 | $1.40M | 11 |
| April 2026 | $2.25M | 7 |
| May 2026 | $1.38M | 15 |
| June 2026 | $1.31M | 7 |
| July 2026 | $1.30M | 7 |
| August 2026 | $1.28M | 9 |
| September 2026 | $1.25M | 8 |
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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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 4.34% via Ratehub.ca (as of October 16, 2026); conventional rates run a little higher.
Mortgage amount $2,527,920 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $13,977
- Property tax
- $1,518
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $15,496
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
- $838,638
- Principal paid down
- $308,865
- Interest paid
- $529,773
- Balance remaining
- $2,219,055
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 numbersThe last 9 whole-home leases in Newtonbrook East signed at a median of $5,670 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $6,831. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of AIMHOME REALTY INC.. MLS®/PropTx.