11 Montressor Drive, Toronto, ON

St. Andrew-Windfields, Toronto · MLS® C13032314

$7,250,000
For Sale
Listed 142 days agoNo offer date statedPrice drop likely
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6+1Bedrooms
10Bathrooms
2Garage · 8 parking
5,000Sq ft

About this home

In short

  • An exceptional opportunity to purchase a brand new, custom-built luxury home in the prestigious St.
  • Andrew-Windfields neighbourhood, situated on a rare ravine-backed lot of approximately 12,800 sq. ft.
  • The approved design features over 7,600 sq. ft. of living space, thoughtfully planned to maximize scale, natural light, and the ravine setting.
  • The home design includes grand principal rooms, high ceilings, elevator provision, expansive outdoor terraces, and a backyard concept ideal for entertaining and...

An exceptional opportunity to purchase a brand new, custom-built luxury home in the prestigious St. Andrew-Windfields neighbourhood, situated on a rare ravine-backed lot of approximately 12,800 sq. ft. This offering allows a buyer to acquire the property as a fully designed and approved new build, with all architectural plans, engineering, and approvals already completed and a reputable builder prepared to deliver the home. The approved design features over 7,600 sq. ft. of living space, thoughtfully planned to maximize scale, natural light, and the ravine setting. All major pre-construction work has been completed, including architectural design by Contempo Studio, HVAC and grading design, and building permit submission-providing a streamlined path from purchase to construction. Buyers benefit from significantly reduced timelines and risk compared to starting a custom build from scratch. The home design includes grand principal rooms, high ceilings, elevator provision, expansive outdoor terraces, and a backyard concept ideal for entertaining and enjoying the natural surroundings. Finishes may be customized within the builder's specifications, offering a balance of personalization and certainty. A rare chance to secure a brand new luxury residence without the typical delays associated with design, approvals, and permitting. Full drawings, specifications, and build details available . This lot is shovel ready and waiting for you!

Key facts

Property type
Detached, 3-Storey
MLS®
C13032314
Bedrooms
6+1 (7 total)
Bathrooms
10 (1 half)
Size
5,000 sq ft
Lot
65.25 × 153 ft
Cross streets
Bayview / York Mills
Parking
2 garage · 8 parking (built-in)
Basement
Other, Walk-Up
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air, Other
Exterior
Brick
Foundation
Other
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$14,252 / 2025
Days on market
142
Listing brokerage
CENTURY 21 REGAL REALTY INC.
Our TakeTeam Asgarian · Broker
In the wider range
$6.90Mest. value

Listed at $7,250,000 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $6.90M, typically $5.78M to $7.89M. Comparable listings on their own put this home around $6.09M, so the ask carries a premium over the comparables: the seller is pricing in the finishes, the lot, or room to negotiate. That gap is your negotiating room.

A price cut is the likelier next move. 142 days on the market against about 46 for homes like it here, and asking 5% above where comparable closings put it. That is leverage for a buyer: offer with it in mind rather than waiting for the cut, since a reduction brings new eyes with it.

Second read, from the city assessment: $2.92M. That is about 52% below the comparable-sales figure. When my two methods disagree this much, the answer usually sits between them and something about this home is not in the comparables (the lot, the condition, a rebuild). I would want to see it before leaning on either number.

One thing to square: the homes for sale nearby are asking more than this one. My estimate is built on adjusted comparables, and around here sellers have been asking more than buyers end up paying. So this can be the least expensive home on the street and still be priced ahead of where sales actually land.

List price
$5.78MBelow asking range$7.89MAbove asking range

Total price vs nearby homes. Fair value about $6.90M, median of 27 comparables.

The market behind the math:

23sold nearby · 90 days
$2.40Mmedian sold price
95%of asking, on average
−14%prices vs a year ago
~46 dayshomes like this take to sell
142days on market so far
$8,643/moest. rent · 17 leases
1.4%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3.8 months of inventory: 29 detached homes for sale in the area against 23 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $1,450/sqft against an area asking average of $1,343/sqft. Size and $/sqft both feed the estimate above.

  • Ravine / green setting. This home is described as backing onto a ravine or green setting. The ravine backing is priced into the comparison. How much it is really worth depends on whether the house sits on table land with the slope well behind it, or drops away right behind it, and that part is my in-person call.
  • 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

I take the 27 most comparable recent listings nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), then use the median, which is steadier than leaning on any single listing.

It’s grounded in comparable active listings. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $2.92M, lower than the comparables and worth a second look.

What the listing highlights3 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Elevator: rare and valuable for accessibility and resale. Lifestyle
Schools & getting aroundcatchment and transit

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.

Read this with carewhy it’s an estimate, not an appraisal

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 27 comparable homes nearby.

What sellers nearby are askingCurrently listed nearby in St. Andrew-Windfields · asking prices
$8.43Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.

Per square foot, these ask about $1,687/sqft; this home lists at $1,450/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
7.25MThis home7.00M7.00M10.88M7.10M10.20MThis home vs active comparables

Neighbourhood & location

St. Andrew-Windfields, 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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Newtonbrook West
$1.70M
Wexford-Maryvale
$1.10M
Clairlea-Birchmount
$833K
Centennial Scarborough
$1.14M
Birchcliffe-Cliffside
$1.25M

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 St. Andrew's Middle School
81%
St. Andrew's Middle SchoolPublic · Elementary · 0.4 km awayAbove the GTA average · 81% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Owen Public School · Public elementary0.6 km · 59% at standard
Avondale Alternative Elementary School · Public elementary0.8 km · 94% at standard
Avondale Public School · Public elementary0.8 km · 70% at standard
Harrison Public School · Public elementary1.3 km · 82% at standard
St Edward Catholic School · Catholic elementary1.6 km · 89% at standard
Cardinal Carter ES · Catholic elementary1.6 km
Cardinal Carter Academy for the Arts · Catholic secondary1.6 km · 92% at standard
Claude Watson School for the Arts · Public elementary1.8 km · 96% at standard
Hollywood Public School · Public elementary1.8 km · 96% at standard
Windfields Middle School · Public elementary1.9 km · 91% at standard
Earl Haig Secondary School · Public secondary1.9 km · 90% at standard
Dunlace Public School · Public elementary2.1 km · 69% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$33,043/mo
$1287KIncome needed
5.6×Price ÷ income
$7,625Weekly cost
$432,950Land transfer tax, one-time (Ontario + Toronto)
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.

97%mortgage
Mortgage $33,043Property tax $1,188Total carry $34,231

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.

4.24%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.09% via Ratehub.ca (as of September 11, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$31,268per month

Mortgage amount $5,800,000 · 4.24% over 25 years

$1,450,000Down payment (20.0%)
$5,800,000Loan before insurance
$0CMHC premium
$32,456Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$31,268
Property tax
$1,188
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$32,456

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

One-time closing costs

Ontario land transfer tax
$167,725
Toronto municipal land transfer tax
$265,225
Estimated closing costs
$432,950

Plus your down payment of $1,450,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.24%Qualifying rate
$37,940/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

$3,580,535Total interest paid
$9,380,535Total of all payments
Principal $5,800,000 Interest $3,580,535
YearPrincipalInterestBalance
1$134,008$241,213$5,665,992
2$139,750$235,471$5,526,242
3$145,738$229,483$5,380,504
4$151,983$223,238$5,228,521
5$158,496$216,726$5,070,025
6$165,287$209,934$4,904,738
7$172,369$202,852$4,732,369
8$179,755$195,466$4,552,613
9$187,458$187,764$4,365,156
10$195,490$179,731$4,169,665
11$203,867$171,355$3,965,798
12$212,602$162,619$3,753,196
13$221,712$153,509$3,531,484
14$231,213$144,009$3,300,271
15$241,120$134,101$3,059,151
16$251,452$123,770$2,807,699
17$262,226$112,995$2,545,473
18$273,463$101,759$2,272,011
19$285,180$90,041$1,986,830
20$297,400$77,821$1,689,430
21$310,144$65,078$1,379,287
22$323,433$51,788$1,055,853
23$337,292$37,929$718,562
24$351,745$23,477$366,817
25$366,817$8,405$0

At the end of your 5-year term

Total paid over the term
$1,876,107
Principal paid down
$729,975
Interest paid
$1,146,132
Balance remaining
$5,070,025

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
From 17 whole-home leases in St. Andrew-Windfields$8,643/mo
$103,716Gross annual rent
1.1%Cap rate after taxes and upkeep
$7,625 to $12,850Typical rent range
~35 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 17 whole-home leases in St. Andrew-Windfields signed at a median of $7,143 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $8,643. 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.

1.4%
Gross yield
− Property tax $14,252− Insurance $1,400− Vacancy & upkeep $11,409Net operating income $76,655

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 REGAL REALTY INC.. MLS®/PropTx.

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