223 Wychwood Avenue, Toronto, ON

Humewood-Cedarvale, Toronto · MLS® C13051772

$2,999,000
For Sale
Listed 80 days ago
4Bedrooms
5Bathrooms
2Garage · 4 parking
3000-3500Sq Ft

About this home

Newly built and meticulously realized, 223 Wychwood Avenue rises across four finished levels and approximately 4,000 square feet of living space that feels both grand and deeply considered. Every material was chosen with care. Every proportion was deliberate. The result isa home that speaks quietly but carries serious weight -modern in its architecture, warm in its execution, and built to a standard that reveals itself slowly, in the details. Four bedrooms. Five bathrooms. Soaring ceilings and wide-plank oak underfoot, heated to take the edge off a January morning. Custom millwork lines the interiors with a sense of craft that flat-pack will never replicate. Storage has been designed into the bones of this home - not as an afterthought, but as architecture. The kitchen is the anchor. Bespoke cabinetry, premium surfaces, and a generous island that will host everything from Tuesday homework sessions to Saturday night dinners. It is, without exaggeration, a room you'll want to be in. The primary suite sits apart - a genuine retreat with a spa-calibre ensuite that makes the morning feel unhurried, even when it isn't. Step outside and the fully enclosed backyard offers something increasingly rare in this city: real privacy. Mature, quiet, and generous enough to actually use - for evening drinks, kids, or simply sitting still for a moment. Parking for four vehicles between the detached two-car garage and driveway. And a detail worth noting: roughed-in plumbing above the garage opens the door to a future rental suite or in-law apartment - the kind of optionality that's nearly impossible to find in this neighbourhood. You're in the Humewood school district. Steps from St. Clair Village - its restaurants, independent shops, green space, and the streetcar line that connects you to everything without needing the car you now have room to park. This is not a spec home dressed up for the listing photos. This is architecture with conviction, built for the way people actually live.

Key facts

Property type
Detached, 3-Storey
MLS®
C13051772
Bedrooms
4
Bathrooms
5 (1 half)
Size
3000-3500
Lot
25.03 × 130.17 ft
Cross streets
ST. CLAIR & WYCHWOOD CRESCENT
Parking
2 garage · 4 parking (detached)
Driveway
Private Double
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster), Brick
Foundation
Unknown
Roof
Asphalt Shingle, Flat
Sewer
Sewer
Property tax
$15,119 / 2025
Days on market
80
Listing brokerage
HARVEY KALLES REAL ESTATE LTD.

Rooms

Primary BedroomThird5.30 × 16.07 m

5 pc ensuite · walk-in closet(s) · gas fireplace

Bedroom 3Second2.93 × 3.37 m

closet · window · pot lights

RecreationBasement4.89 × 9.46 m

gas fireplace · concrete floor · open stairs

FoyerMain1.63 × 2.60 m

closet · pot lights

Powder RoomMain1.52 × 1.49 m

2 Pc Bath

Dining RoomMain5.30 × 6.12 m

combined w/family · pot lights · hardwood floor

Living RoomMain3.66 × 5.44 m

gas fireplace · picture window · open concept

LaundryBasement1.73 × 1.82 m

b/i shelves · pot lights

Bedroom 2Second5.30 × 5.28 m

large window · 4 pc ensuite · double closet

KitchenMain5.30 × 4.60 m

b/i appliances · overlooks garden · family size kitchen

Bedroom 4Second5.30 × 4.35 m

large window · pot lights · hardwood floor

Moe’s TakeTeam Asgarian · Broker
Below the wider set
$3.77Mest. value

Listed at $2,999,000, this home is tracking about 20% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. 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 6 similar homes nearby, adjusted for size, beds, and baths.Median of 6 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $3.26M, a bit lower.

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 $2.50M
  • Size difference +$586K
  • Bedrooms −$30K
  • Adjusts to $3.05M

That comparable adjusts to $3.05M; the $3.77M estimate above is the median of all 6 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.

The assigned public school is Humewood Community School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, this is a very walkable address with everyday errands close by. Vaughan Rd at Maplewood Ave South Side is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$3.00MGreat deal$4.03MOverpriced

Total price vs nearby homes. Fair value about $3.77M, 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.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Value driver
  • Worth verifying
Comparable listingsCurrently listed nearby in Humewood-Cedarvale · asking prices
$3.18Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

393A Arlington Avenue$3.15M494 Atlas Avenue$2.50M151 Dewbourne Avenue$3.89M

The 3 closest active listings nearby.

See all comparable homes
3.00MThis home3.15M2.50M3.89MThis home vs active comparables
Live market pulseActive comparables in Humewood-Cedarvale · median list $2.50M
$923this home / sqft
7active listings nearby
80days on market

This home lists 20% below the area average of $1,157/sqft.

79 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Humewood-Cedarvale, 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.

Getting around

78/ 100

Very 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.

Most daily errands can be done on foot.

🚉 Nearest transit: Vaughan Rd at Maplewood Ave South Side, about 184 m away

20+ transit stops5 grocery20+ dining20+ parks19 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

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

High Park-Swansea
$4.99M
Lawrence Park South
$2.14M
Bedford Park-Nortown
$2.90M
Downsview-Roding-CFB
$1.06M
Wexford-Maryvale
$865K

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 Humewood Community School
75%
Humewood Community SchoolPublic · Elementary · 0.4 km awayAbove the GTA average · 75% meet the provincial standard

Affordability & Mortgage

Affordability
$13,668/mo
$564KIncome needed
5.3×Price ÷ income
$3,154Weekly cost
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.

92%mortgage
Mortgage $13,668Property tax $1,260Total carry $14,928

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.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$12,803per month

Mortgage amount $2,399,200 · 4.14% over 25 years

$599,800Down payment (20.0%)
$2,399,200Loan before insurance
$0CMHC premium
$14,063Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$12,803
Property tax
$1,260
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$14,063

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

One-time closing costs

Ontario land transfer tax
$61,450
Toronto municipal land transfer tax
$61,450
Estimated closing costs
$122,900

Plus your down payment of $599,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$15,550/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

$1,441,706Total interest paid
$3,840,906Total of all payments
Principal $2,399,200 Interest $1,441,706
YearPrincipalInterestBalance
1$56,205$97,431$2,342,995
2$58,556$95,080$2,284,439
3$61,005$92,631$2,223,434
4$63,557$90,079$2,159,877
5$66,216$87,421$2,093,661
6$68,985$84,651$2,024,676
7$71,871$81,766$1,952,805
8$74,877$78,759$1,877,928
9$78,009$75,627$1,799,919
10$81,272$72,364$1,718,647
11$84,671$68,965$1,633,976
12$88,213$65,423$1,545,763
13$91,903$61,733$1,453,860
14$95,747$57,889$1,358,113
15$99,752$53,884$1,258,361
16$103,925$49,712$1,154,436
17$108,272$45,365$1,046,165
18$112,800$40,836$933,364
19$117,519$36,118$815,845
20$122,434$31,202$693,411
21$127,556$26,081$565,856
22$132,891$20,745$432,965
23$138,450$15,187$294,515
24$144,241$9,395$150,274
25$150,274$3,362$0

At the end of your 5-year term

Total paid over the term
$768,181
Principal paid down
$305,539
Interest paid
$462,643
Balance remaining
$2,093,661

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
Estimate$6,300/mo
$75,600Gross annual rent
1.7%Est. cap rate

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

Talk about the numbers

Estimates 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.

2.5%
Gross yield
− Property tax $15,119− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $50,765

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HARVEY KALLES REAL ESTATE LTD.. MLS®/PropTx.

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