15 Fairmeadow Avenue, Toronto, ON

St. Andrew-Windfields, Toronto · MLS® C13486394

$3,988,000
For Sale
Listed 79 days agoNo offer date statedPrice drop likely
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4+1Bedrooms
6Bathrooms
2Garage · 6 parking
3500-5000Sq ft

About this home

In short

  • A rare offering of luxury and contemporary architectural excellence in the heart of prestigious St Andrews Windfields.
  • Situated on a premium 63' frontage lot, this newly completed custom-built residence offers over 6,200 sq. ft. of extraordinary living space.
  • The open-concept main floor features large Quartz slabs throughout, creating a seamless and elegant flow.
  • A gourmet chef's kitchen is equipped with custom cabinetry, 11' long porcelain countertops, and a full set of Wolf/Subzero appliances, seamlessly flowing into the...
  • Upstairs, Primary Suites With Walk-In Closets feature floor-to-ceiling cabinets and Spa-Like Elegant Ensuite with a freestanding tub, double vanity, and seamless...

A rare offering of luxury and contemporary architectural excellence in the heart of prestigious St Andrews Windfields. Situated on a premium 63' frontage lot, this newly completed custom-built residence offers over 6,200 sq. ft. of extraordinary living space. The open-concept main floor features large Quartz slabs throughout, creating a seamless and elegant flow. Dramatic floor-to-ceiling windows and sliding doors flood the home with natural light, and the striking exterior facade combines special bricks, imported tiles, and premium ACM panels. Inside, the bespoke minimalist millwork, custom-designed feature walls, and designer LED lighting enhance the seamless luxury and timeless presence. A gourmet chef's kitchen is equipped with custom cabinetry, 11' long porcelain countertops, and a full set of Wolf/Subzero appliances, seamlessly flowing into the Dining area with gas fireplace and walkout to a sun-filled deck. Upstairs, Primary Suites With Walk-In Closets feature floor-to-ceiling cabinets and Spa-Like Elegant Ensuite with a freestanding tub, double vanity, and seamless glass shower. Each additional bedroom includes its own ensuite and walk-in closet. Exterior features include an ultra-wide driveway and an EV-ready garage. Luxury living at its finest in one of Toronto's most desirable neighbourhoods.

Key facts

Property type
Detached, 2-Storey
MLS®
C13486394
Bedrooms
4+1 (5 total)
Bathrooms
6 (1 half)
Size
3500-5000 sq ft
Lot
63.32 × 101.31 ft
Cross streets
Bayview Ave/York Mills Rd
Parking
2 garage · 6 parking (attached)
Driveway
Available
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Metal/Steel Siding
Foundation
Concrete
Roof
Asphalt Rolled, Shingles
Sewer
Sewer
Property tax
$23,264 / 2025
Days on market
79
Listing brokerage
RIGHT AT HOME REALTY

Rooms

Bedroom 2Second3.94 × 4.67 m

4 pc ensuite · large window · large closet

Family RoomMain3.91 × 6.65 m

Open Concept

Dining RoomMain5.16 × 6.65 m

gas fireplace · w/o to patio

Bedroom 3Second3.91 × 4.18 m

4 pc ensuite · walk-in closet(s) · large window

Living RoomMain4.97 × 4.88 m

b/i closet · pot lights

KitchenMain5.55 × 6.47 m

granite counters · b/i appliances · centre island

DenSecond4.15 × 5.06 m

large window · b/i bookcase · large window

Bedroom 4Second4.24 × 4.30 m

4 pc ensuite · walk-in closet(s) · large window

BreakfastMain5.55 × 6.47 m

sliding doors · w/o to garden

Primary BedroomSecond11.89 × 6.34 m

b/i closet · gas fireplace · large window

LaundrySecond4.21 × 3.75 m
Our TakeTeam Asgarian · Broker
In line
$3.72Mest. value

Listed at $3,988,000 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $3.72M, typically $3.10M to $4.57M. Comparable closings on their own put this home around $3.09M, 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. 79 days on the market against about 46 for homes like it here, and asking 7% 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: $4.03M. That is about 30% 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.

One thing to square: the homes for sale nearby are asking more than this one. My estimate is built on recent closings, and around here sellers have been asking more than buyers end up paying. So this can be the least expensive home on the street and still be priced ahead of where sales actually land.

List price
$3.10MBelow recent closings$4.57MAbove recent closings

Total price vs nearby homes. Fair value about $3.72M, median of 53 comparables.

The market behind the math:

23sold nearby · 90 days
$2.40Mmedian sold price
95%of asking, on average
−14%prices vs a year ago
~46 dayshomes like this take to sell
79days on market so far
$6,342/moest. rent · 18 leases
1.9%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3.1 months of inventory: 24 detached homes for sale in the area against 23 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $938/sqft against an area asking average of $1,095/sqft. Size and $/sqft both feed the estimate above.

How this estimate is builtthe short version

I take the 53 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 $4.03M, a close match.

What the listing highlights3 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit

On schools, this address is zoned for York Mills 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.

Read this with carewhy it’s an estimate, not an appraisal

The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.

Based on 53 comparable homes that sold in St. Andrew-Windfields over the past two years, from 170 closings there.

What sellers nearby are askingCurrently listed nearby in St. Andrew-Windfields · asking prices
$4.26Mavg asking

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

Per square foot, these ask about $1,003/sqft; this home lists at $938/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
3.99MThis home3.68M5.00M3.98M4.28M4.38MThis home vs active comparables

Neighbourhood & location

St. Andrew-Windfields, 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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Willowdale East
$2.37M
Newtonbrook West
$1.70M
Brookhaven-Amesbury
$1.02M
Clairlea-Birchmount
$833K
Centennial Scarborough
$1.14M

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 St. Andrew's Middle School
81%
St. Andrew's Middle SchoolPublic · Elementary · 0.6 km awayAbove the GTA average · 81% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Avondale Alternative Elementary School · Public elementary0.6 km · 94% at standard
Avondale Public School · Public elementary0.6 km · 70% at standard
Owen Public School · Public elementary0.7 km · 59% at standard
St Edward Catholic School · Catholic elementary1.3 km · 89% at standard
Cardinal Carter ES · Catholic elementary1.4 km
Cardinal Carter Academy for the Arts · Catholic secondary1.4 km · 92% at standard
Claude Watson School for the Arts · Public elementary1.6 km · 96% at standard
Harrison Public School · Public elementary1.6 km · 82% at standard
Earl Haig Secondary School · Public secondary1.8 km · 90% at standard
Hollywood Public School · Public elementary1.9 km · 96% at standard
Loretto Abbey Catholic Secondary School · Catholic secondary1.9 km · 76% at standard
Cameron Public School · Public elementary1.9 km · 81% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$18,176/mo
$758KIncome needed
5.3×Price ÷ income
$4,194Weekly cost
$182,230Land transfer tax, one-time (Ontario + Toronto)
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.

90%mortgage
Mortgage $18,176Property tax $1,939Total carry $20,115

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.

4.24%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.09% via Ratehub.ca (as of September 11, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$17,200per month

Mortgage amount $3,190,400 · 4.24% over 25 years

$797,600Down payment (20.0%)
$3,190,400Loan before insurance
$0CMHC premium
$19,138Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$17,200
Property tax
$1,939
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$19,138

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

One-time closing costs

Ontario land transfer tax
$86,175
Toronto municipal land transfer tax
$96,055
Estimated closing costs
$182,230

Plus your down payment of $797,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.24%Qualifying rate
$20,870/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

$1,969,541Total interest paid
$5,159,941Total of all payments
Principal $3,190,400 Interest $1,969,541
YearPrincipalInterestBalance
1$73,714$132,684$3,116,686
2$76,872$129,525$3,039,814
3$80,166$126,232$2,959,648
4$83,601$122,796$2,876,047
5$87,183$119,214$2,788,863
6$90,919$115,478$2,697,944
7$94,815$111,583$2,603,129
8$98,878$107,520$2,504,251
9$103,115$103,283$2,401,137
10$107,533$98,865$2,293,604
11$112,141$94,257$2,181,463
12$116,946$89,452$2,064,517
13$121,957$84,441$1,942,560
14$127,183$79,215$1,815,377
15$132,633$73,765$1,682,744
16$138,316$68,082$1,544,428
17$144,243$62,155$1,400,186
18$150,423$55,974$1,249,762
19$156,869$49,529$1,092,894
20$163,591$42,807$929,303
21$170,600$35,797$758,703
22$177,910$28,487$580,792
23$185,534$20,864$395,258
24$193,484$12,914$201,775
25$201,775$4,623$0

At the end of your 5-year term

Total paid over the term
$1,031,988
Principal paid down
$401,537
Interest paid
$630,452
Balance remaining
$2,788,863

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
From 18 whole-home leases in St. Andrew-Windfields$6,342/mo
$76,104Gross annual rent
1.1%Cap rate after taxes and upkeep
$5,603 to $7,091Typical rent range
~35 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 18 whole-home leases in St. Andrew-Windfields signed at a median of $6,500 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $6,342. 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.

1.9%
Gross yield
− Property tax $23,264− Insurance $1,400− Vacancy & upkeep $8,371Net operating income $43,069

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

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