48 Greengrove Crescent, Toronto, ON
Parkwoods-Donalda, Toronto · MLS® C13450516
About this home
Charming Ranch Bungalow in a sought-after family-friendly neighbourhood. Nestled on a quiet, child-safe crescent on one of the area's most desirable streets, this beautifully updated bungalow offers the perfect blend of comfort, space, and privacy. Situated on an oversized lot, this exceptional home features a lush side garden with expansive green space and perennial plantings - an ideal space for children to play, as well as an interlocking patio perfect for outdoor entertaining. Enjoy your own private oasis with a fully fenced inground pool, with plenty of sunlight, fire pit, surrounded by mature cedars - offering privacy. The property also has a garage and a large interlocking driveway for several cars. The open-concept layout is perfect for family living, featuring an eat-in kitchen with granite countertops, three bedrooms and an updated bathroom. A large lower level with oversized above-grade windows, inviting family room with a gas fireplace, a recreation room with bar and electric fireplace, a separate home office or additional bedroom and a three piece bathroom. An ideal teen suite. An abundance of natural light throughout. This home has a flexible floor plan and could easily accommodate lower level living for in laws or children coming back home. Excellent ceiling height in the lower level and plenty of potential. Conveniently located close to the Shops at Don Mills, top-rated schools, Broadlands Community Centre, DVP/404/401, an express bus downtown and surrounded by scenic ravines, nature trails, and numerous parks. A wonderful opportunity to own a special home on an incredible private lot in an unbeatable location! New furnace and air conditioner - 2026.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- C13450516
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 2
- Size
- 1100-1500
- Lot
- 49.92 × 123.06 ft
- Cross streets
- Lawrence Ave & Underhill Dr.
- Parking
- 1 garage · 5 parking (attached)
- Driveway
- Private Double
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Pool
- Inground
- Property tax
- $7,475 / 2025
- Days on market
- 36
- Listing brokerage
- ROYAL LEPAGE/J & D DIVISION
Rooms
3 pc bath · laundry sink
closet · panelled · above grade window
b/i bar · electric fireplace · broadloom
open concept · picture window · vinyl floor
closet · broadloom
eat-in kitchen · granite counters · w/o to patio
double closet · broadloom
gas fireplace · above grade window · broadloom
closet · broadloom
bay window · crown moulding · vinyl floor
Listed at $1,299,000, this home is about 22% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.
Priced above comparable homes overall, but the price per square foot ($999/sqft) is below the area, so you are paying for extra space rather than a premium.
In Parkwoods-Donalda lately, sellers have been getting about 99% of asking and homes sell in about 19 days.
Based on 63 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 63 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.40M, higher 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, sold for $2.00M
- Adjusts to $2.00M
That comparable adjusts to $2.00M; the $1.06M estimate above is the median of all 63 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.
The assigned public school is Milne Valley Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
Total price vs nearby homes. Fair value about $1.06M, median of 63 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.
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Open-concept layout: modern, sought-after flow. Lifestyle
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
- Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 4 closest active listings nearby.
See all comparable homesThis home lists 10% below the area average of $1,111/sqft.
35 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Parkwoods-Donalda, 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
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 $1,039,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,546
- Property tax
- $623
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,168
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $22,455
- Toronto municipal land transfer tax
- $22,455
- Estimated closing costs
- $44,910
Plus your down payment of $259,800. 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
- $332,733
- Principal paid down
- $132,342
- Interest paid
- $200,391
- Balance remaining
- $906,858
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 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 ROYAL LEPAGE/J & D DIVISION. MLS®/PropTx.