7 Cedarwood Avenue, Toronto, ON
Bridle Path-Sunnybrook-York Mills, Toronto · MLS® C12997860
About this home
If you are looking for quiet street and a large private lot, you've found your next home! This remarkable custom-built residence offers a perfect balance of elegance, comfort, and functionality across three levels of thoughtfully designed living space. The main floor welcomes you with a sophisticated living room featuring soaring ceiling height of over 20 ft with a dramatic floor to ceiling window and a gas fireplace. A formal dining room with adjoining servery is enhanced with built-in speakers and glass doors, creating the ideal setting for entertaining. Two offices provide flexible work-from-home options, while the inviting family room, with its two-way fireplace and walk-out to the garden, seamlessly connects to the chefs kitchen. This culinary space is equipped with a centre island, stainless steel appliances, and a built-in desk, while the adjoining breakfast area with room for both casual meals and a cozy seating area that shares the fireplace and opens directly to the garden. Upstairs, the primary suite offers a true retreat with a sitting room and a walk-out that overlooks the rear grounds, walk-in closet, and a luxurious six-piece ensuite. Additional bedrooms each feature their own sitting area, walk-in or built-in closets, and private ensuites, with unique enhancements including hardwood flooring and custom built-ins. The lower level is designed for recreation and entertainment, highlighted by a large room with a built-in bar, gas fireplace, and garden walk-out. An exercise room with mirrored walls and built-in speakers, plus a media room for a full theatre experience, add to the lifestyle appeal. Two additional bedrooms with private ensuites, one of two laundry rooms, a three-piece bath and garden walk-out. The backyard oasis is beyond description with an outdoor BBQ, stunning water feature, pool, hot tub and covered pergola for al fresco dining. Privacy and lush landscaping. This home is a must see!
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C12997860
- Bedrooms
- 7 (5 + 2)
- Bathrooms
- 11 (2 half)
- Size
- 5,000 sq ft
- Lot
- 100 × 145 ft
- Cross streets
- York Mills/Yonge/Bayview
- Parking
- 4 garage · 9 parking (built-in)
- Driveway
- Private
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stucco (Plaster)
- Foundation
- Unknown
- Roof
- Unknown
- Sewer
- Sewer
- Pool
- Inground
- Property tax
- $41,731 / 2025
- Days on market
- 94
- Listing brokerage
- FOREST HILL REAL ESTATE INC.
Rooms
gas fireplace · halogen lighting · window floor to ceiling
Listed at $7,795,000, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. The number above is my independent estimate of value, not the asking price.
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
Based on 25 similar homes nearby, adjusted for size, beds, and baths.Median of 25 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $8.81M, a close match. 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, listed at $6.17M
- Bedrooms +$30K
- Bathrooms +$30K
- Adjusts to $6.23M
That comparable adjusts to $6.23M; the $8.30M estimate above is the median of all 25 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.
On 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. York Mills Rd at Cedarwood Ave East Side is about a 2-minute walk away.
Total price vs nearby homes. Fair value about $8.30M, median of 25 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.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Sold as-is / needs work: budget for renovation, the price should reflect the condition.
- Value driver
- Weigh carefully
- Worth verifying
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 16% below the area average of $1,853/sqft.
93 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Bridle Path-Sunnybrook-York Mills, 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: York Mills Rd at Cedarwood Ave East Side, about 191 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 18, 2026); conventional rates run a little higher.
Mortgage amount $6,236,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $33,278
- Property tax
- $3,478
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $36,755
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $181,350
- Toronto municipal land transfer tax
- $295,200
- Estimated closing costs
- $476,550
Plus your down payment of $1,559,000. 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
- $1,996,657
- Principal paid down
- $794,156
- Interest paid
- $1,202,501
- Balance remaining
- $5,441,844
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 FOREST HILL REAL ESTATE INC.. MLS®/PropTx.