27 Spruce Pines Crescent, Toronto, ON
Victoria Village, Toronto · MLS® C13231644
About this home
In short
- Visit the REALTOR website for further information about this listing.
- Situated on a premium corner lot, this beautifully crafted home enjoys extra windows, enhanced privacy, and a bright, open-concept layout that feels more like a...
- As a newly built home, enjoy the peace of mind that comes with modern construction, energy-efficient features, and minimal maintenance.
- Conveniently located close to parks, schools, shopping, dining, transit, and major commuter routes, this exceptional property offers the perfect opportunity to own a...
Visit the REALTOR website for further information about this listing. Welcome to 27 Spruce Pines Crescent, a stunning newly built corner-unit freehold townhome offering modern design, exceptional natural light, and the perfect blend of style and functionality. Situated on a premium corner lot, this beautifully crafted home enjoys extra windows, enhanced privacy, and a bright, open-concept layout that feels more like a semi-detached home. The thoughtfully designed interior features spacious principal rooms, contemporary finishes, and an airy floor plan ideal for both everyday living and entertaining. The modern kitchen overlooks the main living and dining areas, creating a seamless flow throughout the heart of the home. Large windows flood the space with natural sunlight, enhancing the warm and inviting atmosphere. The upper level offers generously sized bedrooms, including a spacious primary retreat, while the home's efficient layout provides comfort and flexibility for families, professionals, and first-time buyers alike. As a newly built home, enjoy the peace of mind that comes with modern construction, energy-efficient features, and minimal maintenance. The premium corner location provides added curb appeal, extra outdoor space, and a desirable setting within the community. Conveniently located close to parks, schools, shopping, dining, transit, and major commuter routes, this exceptional property offers the perfect opportunity to own a move-in-ready home in a growing and sought-after neighbourhood. A rare opportunity to own a bright and spacious corner-unit townhome-don't miss your chance to make this beautiful property your own.
Key facts
- Property type
- Townhouse, 3-Storey
- MLS®
- C13231644
- Bedrooms
- 4
- Bathrooms
- 3 (1 half)
- Size
- 1100-1500 sq ft
- Lot
- 20 × 40 ft
- Cross streets
- EGLINTON/ VICTORIA PARK
- Parking
- 1 garage · 0 parking (attached)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $4,600 / 2026
- Days on market
- 103
- Listing brokerage
- EASY LIST REALTY LTD.
Rooms
Listed at $899,000 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $851K, typically $784K to $920K. Comparable closings on their own put this home around $740K, 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. 103 days on the market, and asking 6% 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: $1.04M. That is about 41% above 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.
Total price vs nearby homes. Fair value about $851K, median of 8 comparables.
The market behind the math:
Price per square foot: this home lists at $692/sqft against an area asking average of $562/sqft. Size and $/sqft both feed the estimate above.
- Corner lot. Two street frontages: more to landscape, shovel and mow, and more exposure to traffic, wind and headlights at night. Buyers price that against an interior lot on the same street, so I read this one on the cautious side and confirm the setting in person.
How this estimate is builtthe short version
I take the 8 most comparable recent sales 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 sale.
It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $1.04M, higher than the comparables and worth a second look.
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
- Open-concept layout: modern, sought-after flow. Lifestyle
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
- Corner lot: more light and frontage, sometimes at the cost of privacy. Weigh carefully
Schools & getting aroundcatchment and transit
The assigned public school is Gordon A Brown Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
Read this with carewhy it’s an estimate, not an appraisal
There were not many closely comparable homes right in Victoria Village, so I widened the search to the surrounding area.
Based on 8 comparable homes that sold in Victoria Village over the past two years, from 16 closings there.
For sale
For sale
For sale
For sale
For sale
For saleNothing closely matching this home is listed nearby right now, so these are the nearest townhouse listings on the market. Homes like this one have recently closed around $740K, which is where my estimate comes from.
Per square foot, these ask about $561/sqft; this home lists at $692/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 6 active listings nearby.
See all comparable homesNeighbourhood & location
Victoria Village, 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
Conventional (20%+ down). Best insured 5-year fixed 4.09% via Ratehub.ca (as of September 11, 2026); conventional rates run a little higher.
Mortgage amount $719,200 · 4.24% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,877
- Property tax
- $383
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,261
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $14,455
- Toronto municipal land transfer tax
- $14,455
- Estimated closing costs
- $28,910
Plus your down payment of $179,800. 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
- $232,637
- Principal paid down
- $90,517
- Interest paid
- $142,120
- Balance remaining
- $628,683
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 5 whole-home leases in Victoria Village signed at a median of $3,413 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,093. 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 EASY LIST REALTY LTD.. MLS®/PropTx.