31 Caswell Drive, Toronto, ON
Newtonbrook East, Toronto · MLS® C13438606
About this home
Spectacular Custom Built Home Situated on a Prime Wide Southern Lot (60' x 135' = 8,100 Sq.Ft), with Approx 6,000 Sq.ft of Luxurious Living Space, in a Desirable Location (Newtonbrook East / C14)! This Beauty Offers an Elegant Design and Functional Layout with an Abundance of Natural Light Throughout! Extensive Use of Hardwood and Limestone Flooring! Coffered Ceilings! Layers of Crown Moulding! Wall Panelling! Led Pot Lights! Natural Stone Facade with Brick Side and Rear Elevations. Soaring Ceiling Height >> Main Floor: 10 Feet, 2nd Floor: Master ~10 Feet and the rest: 9 Feet! An Impressive and Welcoming Wide Foyer and Central Hallway Opens to the Open-Concept Large Size Living and Dining Rooms, Perfect for Entertaining. Spacious Family Room Features a Custom Wall Unit and Gas Fireplace. Gourmet Kitchen Boasts Stainless Steel Top-Of-The-Line Wolf/Sub-Zero Appliance, Granite Countertops, and a Bright Breakfast Area with Walk-Out to a Family-Sized Deck, Patio, and Lovely Private Backyard. Enjoy a Fully Fenced Backyard Ready for Outdoor Entertainment. Mudroom Includes a Powder Room, Guest Closet, and Direct Access to the Garage and Fully Paneled Library. Elegant Open Rising Main Staircase with Iron Railings, and Designer Wall, and a Stunning Circular Skylight Above. The Luxurious Primary Bedroom Features a 6-Pc Heated Floor Spa-Like Ensuite, and a Walk-In Closet. Four Additional Bedrooms Feature Ensuite Access, Offering Comfort and Privacy for the Whole Family. Convenient 2nd Floor Laundry Room. 2nd Floor Furnace Room! Professionally Finished Walk-Out Heated Floor Basement Includes a Spacious Recreation Room with Wet Bar, Wine Cellar, Large Great Room with Space for Indoor Activities, Additional Bedroom, a 4-Pc Bath, and a Second Laundry (Rough-In), Offering Excellent Potential for Extended Family Living. Newer Interlock Driveway, Backyard Patio, and West Side Pathway. No Sidewalk in Front, Providing Extra Parking Convenience. A Curb Appeal with Beautiful Landscaping!
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C13438606
- Bedrooms
- 6 (5 + 1)
- Bathrooms
- 6 (1 half)
- Size
- 3500-5000
- Lot
- 60 × 135 ft
- Cross streets
- Bayview Ave / Steels Ave E / Yonge St
- Parking
- 2 garage · 6 parking (built-in)
- Basement
- Finished with Walk-Out
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stone, Brick
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $19,237 / 2025
- Days on market
- 39
- Listing brokerage
- RE/MAX REALTRON BIJAN BARATI REAL ESTATE
Rooms
gas fireplace · bay window · coffered ceiling(s)
hardwood floor · b/i shelves · gas fireplace
hardwood floor · panelled · b/i bookcase
6 pc ensuite · hardwood floor · walk-in closet(s)
limestone flooring · granite counters · b/i appliances
heated floor · gas fireplace · wet bar
limestone flooring · bay window · coffered ceiling(s)
3 pc ensuite · hardwood floor · closet organizers
4 pc ensuite · hardwood floor · closet organizers
5 pc ensuite · hardwood floor · led lighting
heated floor · walk-out · open concept
hardwood floor · led lighting · built-in speakers
semi ensuite · hardwood floor · led lighting
4 pc bath · heated floor · closet organizers
Listed at $3,168,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.
In Newtonbrook East lately, sellers have been getting about 95% of asking and homes sell in about 33 days.
Based on 93 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 93 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $3.19M, a close match.
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, sold for $2.17M
- Bedrooms −$30K
- Bathrooms +$15K
- Adjusts to $2.16M
That comparable adjusts to $2.16M; the $3.08M estimate above is the median of all 93 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.
Its public catchment (Cummer Valley Middle School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Total price vs nearby homes. Fair value about $3.08M, median of 93 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.
- Heated floors: comfort and a premium-finish signal.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Open-concept layout: modern, sought-after flow.
- Value driver
- Lifestyle
- Worth verifying
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 10% below the area average of $826/sqft.
38 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Newtonbrook East, 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.
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 22, 2026); conventional rates run a little higher.
Mortgage amount $2,534,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $13,524
- Property tax
- $1,603
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $15,128
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $65,675
- Toronto municipal land transfer tax
- $67,355
- Estimated closing costs
- $133,030
Plus your down payment of $633,600. 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
- $811,470
- Principal paid down
- $322,756
- Interest paid
- $488,714
- Balance remaining
- $2,211,644
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
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
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 RE/MAX REALTRON BIJAN BARATI REAL ESTATE. MLS®/PropTx.