34 Rustywood Drive, Toronto, ON
Parkwoods-Donalda, Toronto · MLS® C13517018
About this home
A charming two-storey detached home, nestled on a prime spot of the court on one of the most sought-after pockets of Rustywood Dr, where kids can play safely and a true sense of community is felt. Set on a rare pie-shaped 11,140 sq ft lot, with fully fenced backyard offering privacy and greenery in the heart of the city, surrounded by all the amenities, schools, & public transit. Lovingly improved by the owners w/major renovations & updates, including fully renovated kitchen (2023), totally renovated basement (2026), fully renovated 7-piece second-floor bathroom, two additional bathrooms w/replaced toilets (2023), electrical panel upgrade(2020),newer AC & washer, dryer, newer light fixtures & potlights throughout, newer kitchen appliances, and exterior improvements such as fencing, gutters, and drainage. Upon arrival, you'll enjoy a spacious L-shaped living/dining room, with large windows & picturesque views of the court & backyard that change gracefully through the seasons. The family room walks out to the backyard, perfect for everyday living and summer evenings.The kitchen w/ breakfast area overlooks the garden, making simple mornings feel calm. The front porch is a great place to sit with your coffee and unwind after a long day. The primary bedroom offers a sitting area, W/I closet and 2 Pc Ensuite. The finished basement with a bedroom, 3 Pc ensuite Bath, a dry bar, and living space, ideal for teenagers or guests. Surrounded by excellent options for every stage of family life, including public, Catholic, French immersion, and private schools from elementary to high school. Walk to the community centre, parks, ravines, and nature trails. Grocery stores, TTC, and a direct bus from Underhill to downtown make daily life easy, while Shops at Don Mills, other plazas, and quick access to DVP/404/401 keep everything within reach. This is a home where everyday life feels a little more peaceful, a little more connected, and where a family can truly settle in and grow.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C13517018
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 4 (2 half)
- Size
- 2000-2500
- Lot
- 54.08 × 130 ft
- Cross streets
- Brookbanks/Lawrence/Underhill
- Parking
- 2 garage · 4 parking (attached)
- Driveway
- Private Double
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Aluminum Siding
- Foundation
- Poured Concrete
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $7,619 / 2026
- Days on market
- 14
- Listing brokerage
- HOMES WITH SOPHIA REALTY INC.
Rooms
pot lights · hardwood floor · overlooks frontyard
renovated · dry bar · pot lights
pot lights · hardwood floor · overlooks backyard
walk-in closet(s) · 2 pc ensuite · south view
renovated · 3 pc ensuite · pot lights
double closet · south view · broadloom
laundry sink · b/i shelves · laminate
closet · overlooks backyard · broadloom
combined w/kitchen · overlooks backyard · track lighting
renovated · stainless steel appl · track lighting
w/o to garden · pot lights · hardwood floor
Listed at $1,585,000, this home is about 31% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.
There were not many closely comparable homes right in Parkwoods-Donalda, so I widened the search to the surrounding area.
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 $1.88M, 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 $2.72M
- Bathrooms −$15K
- Adjusts to $2.70M
That comparable adjusts to $2.70M; the $2.30M 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.
The assigned public school is Ranchdale Public 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, this is a very walkable address with everyday errands close by. Victoria Park Ave at Ivordale Cres South Side is about a 4-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $2.30M, 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.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Value driver
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest active listings nearby.
See all comparable homesThis home lists 20% below the area average of $884/sqft.
13 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.
Getting around
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: Victoria Park Ave at Ivordale Cres South Side, about 331 m away
Within a 15-minute (1.5 km) walk.
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 17, 2026); conventional rates run a little higher.
Mortgage amount $1,268,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,767
- Property tax
- $635
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,401
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $28,175
- Toronto municipal land transfer tax
- $28,175
- Estimated closing costs
- $56,350
Plus your down payment of $317,000. 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
- $405,991
- Principal paid down
- $161,480
- Interest paid
- $244,511
- Balance remaining
- $1,106,520
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 HOMES WITH SOPHIA REALTY INC.. MLS®/PropTx.