38 Purdon Drive, Toronto, ON
Bathurst Manor, Toronto · MLS® C12956078
About this home
A rare fusion of modernist architecture and natural ravine beauty, this custom-built residence at 38 Purdon Dr sits on a 60x200 ft lot with discreet access to protected parkland and a natural creek trail. Designed in the mid 1960s by a local architect and fully transformed in 2002 and 2024 under professional design supervision, the home features approx. 5000 sqft across 3.5 levels, constructed with fire-resistant concrete block, full brick cladding, and structural steel beams.The sun-filled interior showcases 5+2 bedrooms, 5 bathrooms, 2 full kitchens, and 4 entrances, offering flexibility for multigenerational living, work-from-home needs, or extended family use. Custom millwork, solid oak staircases, and soaring ceilings blend with upgraded finishes like engineered hardwood, porcelain tile, and integrated lighting. The primary suite includes a skylight ensuite, walk-in closet, and access to a private upper deck with seasonal ravine views.The main level kitchen and sunroom overlook a fully landscaped backyard oasis, featuring a designer rainwater-fed waterfall with recirculating stream, programmable LED lighting, fire pit, mature trees, and multi-level decks perfect for entertaining. An oversized double garage fits 2 SUVs plus storage; the self-draining driveway accommodates 8 to 9 cars.Efficiency and smart upgrades abound: 3-zone RBI hydronic heating, dual A/C systems, 17kW backup generator with auto transfer switch, 200A panel, programmable irrigation, and Wi-Fi-enabled garage opener. Basement includes sauna, whirlpool tub, separate entry, and potential for private suite (*not retrofitted, buyer to verify*). Rear small gate connects to forested parkland and trail system maintained by TRCA.A unique opportunity to own a timeless structure, reimagined for modern livingwith the privacy, up scale, and craftsmanship rarely found in today's market.
Key facts
- Property type
- Detached, 2 1/2 Storey
- MLS®
- C12956078
- Bedrooms
- 7 (5 + 2)
- Bathrooms
- 5 (1 half)
- Size
- 2500-3000
- Lot
- 60 × 200 ft
- Cross streets
- Dufferin & Finch
- Parking
- 2 garage · 10 parking (attached)
- Basement
- Finished with Walk-Out, Finished
- Kitchens
- 2 (1 + 1)
- Heating
- Water
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Brick, Concrete
- Roof
- Membrane
- Sewer
- Sewer
- Property tax
- $8,898 / 2025
- Days on market
- 109
- Listing brokerage
- AVION REALTY INC.
Rooms
large window · hardwood floor · window floor to ceiling
hardwood floor · large window · walk-in closet(s)
sauna · hot tub · heated floor
centre island · b/i appliances · overlooks backyard
laminate · closet
hardwood floor · large window · closet
window floor to ceiling · hardwood floor · combined w/living
overlooks backyard · skylight · centre island
w/o to deck · combined w/living · overlooks backyard
5 pc bath · walk-in closet(s) · large window
overlooks backyard · fireplace · combined w/family
w/o to deck · overlooks ravine · 4 pc ensuite
granite counters · b/i appliances · stone floor
hardwood floor · large window · closet
fireplace · window floor to ceiling · laminate
Listed at $2,758,888, this home is about 32% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.
In Bathurst Manor lately, sellers have been getting about 96% of asking and homes sell in about 39 days. Prices are down 4% versus a year ago.
There were not many closely comparable homes right in Bathurst Manor, so I widened the search to the surrounding area.
Based on 42 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 42 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.87M, a bit lower. The comparable range is wide here, so treat this as a rough read until I run a full CMA.
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 $2.60M
- Bedrooms +$30K
- Adjusts to $2.63M
That comparable adjusts to $2.63M; the $2.09M estimate above is the median of all 42 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 (William Lyon Mackenzie Collegiate Institute) 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. Opp. 4400 Dufferin Street is about a 3-minute walk away.
Total price vs nearby homes. Fair value about $2.09M, median of 42 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.
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Primary suite: a key comfort and resale feature.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Sold as-is / needs work: budget for renovation, the price should reflect the condition.
- Worth verifying
- Lifestyle
- Weigh carefully
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 30% above the area average of $772/sqft.
108 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Bathurst Manor, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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: Opp. 4400 Dufferin Street, about 248 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 22, 2026); conventional rates run a little higher.
Mortgage amount $2,207,110 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $11,778
- Property tax
- $742
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $12,519
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $55,447
- Toronto municipal land transfer tax
- $55,447
- Estimated closing costs
- $110,894
Plus your down payment of $551,778. 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
- $706,678
- Principal paid down
- $281,076
- Interest paid
- $425,602
- Balance remaining
- $1,926,034
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 AVION REALTY INC.. MLS®/PropTx.