53 Chipwood Crescent, Toronto, ON

Pleasant View, Toronto · MLS® C13433642

$1,169,800
For Sale
Listed 36 days ago
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4Bedrooms
4Bathrooms
1Garage · 3 parking
2000-2500Sq Ft

About this home

Well maintained with many upgrates, elegance layout, bright and stunning 3 story home, located at highly demanded areaa in North York. Hardwood floor throughout, beautiful light in the livingroom with attractive floor to high ceiling window, under-mounted lights in kitch babinets, new engineering floor in the basement, moblie remote control system of alarm, interior lights and thermometer. Excellent location : minutes to all amenities: Hwy DVP/404, Seneca College, shopping center with bank, farmacy, NoFrill, restaurants, top-rated schools and more.

Key facts

Property type
Detached, 3-Storey
MLS®
C13433642
Bedrooms
4
Bathrooms
4 (1 half)
Size
2000-2500
Lot
29.95 × 120 ft
Cross streets
Finch/404
Parking
1 garage · 3 parking (attached)
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Brick
Roof
Shingles
Sewer
Sewer
Property tax
$5,791 / 2025
Days on market
36
Listing brokerage
HOMELIFE LANDMARK REALTY INC.

Rooms

Bedroom 4Third3.35 × 2.74 m

window · hardwood floor

Living RoomMain5.63 × 4.57 m

w/o to yard · hardwood floor · open concept

Dining RoomSecond3.75 × 3.18 m

hardwood floor · overlooks living · open concept

Bedroom 2Third4.42 × 2.74 m

closet · window · hardwood floor

Primary BedroomThird5.64 × 4.57 m

walk-in closet(s) · ensuite bath · hardwood floor

Bedroom 3Third3.35 × 2.74 m

closet · window · hardwood floor

KitchenSecond4.72 × 2.74 m

ceramic floor · combined w/dining · stainless steel appl

Moe’s TakeTeam Asgarian · Broker
Below the wider set
$1.67Mest. value

Listed at $1,169,800, this home is tracking about 30% 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 7 similar homes nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.02M, lower than the comparables and worth a second look.

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 $1.20M
  • Bathrooms +$15K
  • Adjusts to $1.21M

That comparable adjusts to $1.21M; the $1.67M estimate above is the median of all 7 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 Pleasant View Middle 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, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Finch Ave East at Cherokee Blvd is about a 4-minute walk away.

List price
$1.17MGreat deal$1.76MOverpriced

Total price vs nearby homes. Fair value about $1.67M, median of 7 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.

  • 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.
  • Worth verifying
  • Lifestyle
Comparable listingsCurrently listed nearby in Pleasant View · asking prices
$1.53Mavg asking

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

44 Margaret Avenue$1.20M91 Bickerton Crescent$1.27M27 Kathrose Drive$1.25M15 Crossbow Crescent$1.25M93 Pleasant View Drive$2.69M

The 5 closest active listings nearby.

See all comparable homes
1.17MThis home1.20M1.27M1.25M1.25M2.69MThis home vs active comparables
Live market pulseActive comparables in Pleasant View · median list $1.25M
$520this home / sqft
8active listings nearby
36days on market

This home lists 28% below the area average of $721/sqft.

35 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

Pleasant View, 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

66/ 100

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: Finch Ave East at Cherokee Blvd, about 286 m away

20+ transit stops5 grocery20+ dining20+ parks6 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.

Wexford-Maryvale
$865K
Bedford Park-Nortown
$2.90M
Lawrence Park South
$2.14M
Cliffcrest
$1.51M
High Park-Swansea
$4.99M

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 Pleasant View Middle School
78%
Pleasant View Middle SchoolPublic · Elementary · 0.8 km awayAbove the GTA average · 78% meet the provincial standard
Ernest Public SchoolEQAO results not published
St. KateriEQAO results not published

Affordability & Mortgage

Affordability
$5,332/mo
$222KIncome needed
5.3×Price ÷ income
$1,230Weekly 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 $5,332Property tax $483Total carry $5,814

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%
$
%
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)
$4,994per month

Mortgage amount $935,840 · 4.14% over 25 years

$233,960Down payment (20.0%)
$935,840Loan before insurance
$0CMHC premium
$5,477Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,994
Property tax
$483
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,477

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

One-time closing costs

Ontario land transfer tax
$19,871
Toronto municipal land transfer tax
$19,871
Estimated closing costs
$39,742

Plus your down payment of $233,960. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$6,066/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

$562,357Total interest paid
$1,498,197Total of all payments
Principal $935,840 Interest $562,357
YearPrincipalInterestBalance
1$21,924$38,004$913,916
2$22,841$37,087$891,076
3$23,796$36,132$867,280
4$24,791$35,137$842,489
5$25,828$34,100$816,661
6$26,909$33,019$789,752
7$28,034$31,894$761,718
8$29,207$30,721$732,511
9$30,428$29,499$702,083
10$31,701$28,227$670,381
11$33,027$26,901$637,354
12$34,409$25,519$602,945
13$35,848$24,080$567,097
14$37,347$22,580$529,750
15$38,910$21,018$490,840
16$40,537$19,391$450,303
17$42,233$17,695$408,070
18$43,999$15,929$364,071
19$45,840$14,088$318,231
20$47,757$12,171$270,474
21$49,755$10,173$220,720
22$51,836$8,092$168,884
23$54,004$5,924$114,879
24$56,263$3,665$58,616
25$58,616$1,311$0

At the end of your 5-year term

Total paid over the term
$299,639
Principal paid down
$119,179
Interest paid
$180,460
Balance remaining
$816,661

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$4,200/mo
$50,400Gross annual rent
3.2%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.

4.3%
Gross yield
− Property tax $5,791− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $37,665

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

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