997 Mount Pleasant Road, Toronto, ON

Mount Pleasant East, Toronto · MLS® C13476478

$2,488,888
For Sale
Listed 25 days ago
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5Bedrooms
5Bathrooms
2Parking
2000-2500Sq Ft

About this home

Welcome to your dream family home in the heart of Sherwood Park. Beautifully renovated from top to bottom, this stunning residence seamlessly combines timeless character with modern luxury, offering the perfect balance of elegance, comfort, and functionality. Designed with family living and entertaining in mind, the open-concept main floor features spacious principal rooms, beautiful hardwood floors, and an inviting atmosphere you'll love coming home to. The second level offers five generous bedrooms, providing plenty of space for a growing family, while the finished lower level with soaring 10-foot ceilings adds exceptional living space for a recreation room, home gym, guest suite, or media room. Situated on a premium corner lot at Mt. Pleasant & Keewatin, you'll enjoy being part of one of Toronto's most desirable and family-friendly neighbourhoods. Walk to top-rated public and private schools, parks, shops, restaurants, and transit, all while enjoying the charm and sense of community that makes Sherwood Park so special. A rare opportunity to own a move-in-ready home in an unbeatable location - where luxury, convenience, and family living come together.

Key facts

Property type
Detached, 2-Storey
MLS®
C13476478
Bedrooms
5
Bathrooms
5 (2 half)
Size
2000-2500
Lot
40 × 100 ft
Cross streets
Mount Pleasant Rd./Eglinton Ave E
Parking
2 parking
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$11,802 / 2025
Days on market
25
Listing brokerage
RE/MAX REALTY SPECIALISTS INC.

Rooms

Dining RoomMain7.52 × 3.29 m
Bedroom 4Second3.41 × 5.39 m
Bedroom 2Second3.47 × 3.62 m
Living RoomMain9.17 × 6.43 m
Bedroom 3Second3.08 × 3.07 m
KitchenMain5.24 × 4.02 m
Bedroom 5Second4.08 × 3.01 m
Primary BedroomSecond3.87 × 2.84 m
RecreationBasement9.17 × 7.34 m
Moe’s TakeTeam Asgarian · Broker
In the wider range
$2.61Mest. value

Listed at $2,488,888, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. 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 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.25M, 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 $2.35M
  • Bathrooms +$15K
  • Adjusts to $2.36M

That comparable adjusts to $2.36M; the $2.61M estimate above is the median of all 5 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.

On schools, this address is zoned for North Toronto Collegiate Institute, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.

On location, this is a very walkable address with everyday errands close by. Mt Pleasant Rd at Sherwood Ave is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$2.36MGreat deal$2.87MOverpriced

Total price vs nearby homes. Fair value about $2.61M, median of 5 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.
  • Open-concept layout: modern, sought-after flow.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
  • Worth verifying
  • Lifestyle
Comparable listingsCurrently listed nearby in Mount Pleasant East · asking prices
$2.61Mavg asking

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

411 Keewatin Avenue$2.60M30 Walder Avenue$2.35M443 Hillsdale Avenue$2.89M

The 3 closest active listings nearby.

See all comparable homes
2.49MThis home2.60M2.35M2.89MThis home vs active comparables
Live market pulseActive comparables in Mount Pleasant East · median list $2.89M
$1,106this home / sqft
6active listings nearby
25days on market

This home lists 15% below the area average of $1,304/sqft.

24 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

Mount Pleasant East, 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

80/ 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: Mt Pleasant Rd at Sherwood Ave, about 106 m away

20+ transit stops11 grocery20+ dining20+ parks20+ 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.

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

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 John Fisher Junior Public School
85%
John Fisher Junior Public SchoolPublic · Elementary · 0.5 km awayHigher-rated than most nearby · 85% meet the provincial standard

Affordability & Mortgage

Affordability
$11,344/mo
$466KIncome needed
5.3×Price ÷ income
$2,618Weekly 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 $11,344Property tax $984Total carry $12,327

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)
$10,625per month

Mortgage amount $1,991,110 · 4.14% over 25 years

$497,778Down payment (20.0%)
$1,991,110Loan before insurance
$0CMHC premium
$11,609Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$10,625
Property tax
$984
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$11,609

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

One-time closing costs

Ontario land transfer tax
$48,697
Toronto municipal land transfer tax
$48,697
Estimated closing costs
$97,394

Plus your down payment of $497,778. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$12,905/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

$1,196,481Total interest paid
$3,187,591Total of all payments
Principal $1,991,110 Interest $1,196,481
YearPrincipalInterestBalance
1$46,645$80,859$1,944,466
2$48,596$78,908$1,895,870
3$50,629$76,875$1,845,241
4$52,746$74,757$1,792,495
5$54,953$72,551$1,737,542
6$57,251$70,252$1,680,291
7$59,646$67,858$1,620,645
8$62,141$65,363$1,558,504
9$64,740$62,764$1,493,764
10$67,448$60,056$1,426,316
11$70,269$57,234$1,356,046
12$73,209$54,295$1,282,838
13$76,271$51,233$1,206,567
14$79,461$48,043$1,127,106
15$82,785$44,719$1,044,321
16$86,248$41,256$958,073
17$89,855$37,648$868,218
18$93,614$33,890$774,604
19$97,529$29,974$677,075
20$101,609$25,895$575,466
21$105,859$21,645$469,607
22$110,287$17,217$359,320
23$114,900$12,603$244,420
24$119,706$7,797$124,713
25$124,713$2,790$0

At the end of your 5-year term

Total paid over the term
$637,518
Principal paid down
$253,568
Interest paid
$383,950
Balance remaining
$1,737,542

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
1.3%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.

2.0%
Gross yield
− Property tax $11,802− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $31,654

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

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