122 Cassandra Boulevard, Toronto, ON

Parkwoods-Donalda, Toronto · MLS® C13525722

$2,099,000
For Sale
Listed 11 days ago
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4Bedrooms
4Bathrooms
2Garage · 6 parking
2500-3000Sq Ft

About this home

Rarely does a property of this caliber come to market. 122 Cassandra is set on an extensive 60x120 ravine lot in the desirable Donalda community. The property has been extensively upgraded w/over $300,000 recently invested in luxury features. The homes backsplit layout provides exceptional living space flowing over multiple levels, w/4 beds, 4 baths & 3,800+ sqft of living. Hardwood flooring, crown moulding, wainscoting, Sonos system & pot lights are built-in across the home. A beautiful living room w/wood-burning fireplace flows seamlessly into the dining room making an ideal setting for hosting family & friends. At the heart of the home is the chefs kitchen designed for someone who truly appreciates quality. Italian marble flooring, custom cabinetry & a skylight are outfitted w/top-tier Wolf, Sub-Zero & Miele integrated appliances. A side door leads to the backyard where you'll find the BBQ equipped w/gas line. The upper-level features 3 spacious beds each w/custom closets & views of the ravine. The primary retreat enjoys 2 custom closets & wardrobe w/3pc ensuite. The newly finished 5pc family bath is beautifully appointed w/double vanity, soaker tub & rain shower. The lower level is designed to extend your living space w/Napoleon fireplace, wet bar & walkout opening directly to the backyard. A 4th bed can be found on this level along w/renovated 3pc bath & laundry closet. A separate back entrance offers excellent inlaw/nanny suite potential. A few steps below, you'll find a home gym, generous storage spaces & 3pc bath. Backing directly onto the ravine the backyard is private, lush & designed for low-maintenance enjoyment w/irrigation, stone patios, putting green & gardens. The home is safe & secure w/solid doors w/secondary locks, steel roof & shatterproof windows. 2-car garage includes electric charger. The neighbourhood has access to parks & trails while also being nearby respected schools, Donalda Golf Club, Shops at Don Mills & offers an easy commute.

Key facts

Property type
Detached, Backsplit 3
MLS®
C13525722
Bedrooms
4
Bathrooms
4
Size
2500-3000
Lot
60 × 120 ft
Cross streets
Lawrence & Underhill
Parking
2 garage · 6 parking (attached)
Driveway
Private Double
Basement
Full, Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete Block
Roof
Other
Sewer
Sewer
Property tax
$10,158 / 2025
Days on market
11
Listing brokerage
SOTHEBY'S INTERNATIONAL REALTY CANADA

Rooms

Primary BedroomSecond4.42 × 3.99 m

hardwood floor · 3 pc ensuite · double closet

Living RoomMain6.07 × 3.91 m

hardwood floor · bay window · fireplace

Furnace RoomBasement5.36 × 3.56 m
Dining RoomMain4.93 × 3.61 m

hardwood floor · pot lights · built-in speakers

RecreationBasement3.58 × 3.33 m

hardwood floor · open concept

Bedroom 2Second3.38 × 2.84 m

hardwood floor · closet · built-in speakers

FoyerMain4.17 × 2.24 m

tile floor · skylight · access to garage

Family RoomLower6.27 × 5.13 m

hardwood floor · wet bar · w/o to yard

Bedroom 4Lower5.13 × 3.43 m

hardwood floor · pot lights · overlooks backyard

Bedroom 3Second4.47 × 3.07 m

hardwood floor · double closet · built-in speakers

KitchenMain5.61 × 3.61 m

tile floor · b/i appliances · modern kitchen

RecreationBasement5.72 × 3.61 m

cushion floor · open concept · stone fireplace

Exercise RoomBasement4.47 × 3.76 m

cushion floor · open concept · pot lights

Moe’s TakeTeam Asgarian · Broker
Below the wider set
$2.64Mest. value

Listed at $2,099,000, this home is tracking about 21% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. 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 19 similar homes nearby, adjusted for size, beds, and baths.Median of 19 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.97M, lower 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, listed at $1.58M
  • Size difference +$476K
  • Adjusts to $2.06M

That comparable adjusts to $2.06M; the $2.64M estimate above is the median of all 19 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 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.

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Brookbanks Dr at Valley Woods Rd is about a 3-minute walk away.

List price
$2.10MGreat deal$2.74MOverpriced

Total price vs nearby homes. Fair value about $2.64M, median of 19 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.

  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits.
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Worth verifying
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby in Parkwoods-Donalda · asking prices
$2.42Mavg asking

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

34 Rustywood Drive$1.58M94 Laurentide Drive$3.20M30 Kellythorne Drive$2.69M17 Kestell Lane$2.20M

The 4 closest active listings nearby.

See all comparable homes
2.10MThis home1.58M3.20M2.69M2.20MThis home vs active comparables
Live market pulseActive comparables in Parkwoods-Donalda · median list $1.48M
$763this home / sqft
20active listings nearby
11days on market

This home lists 19% below the area average of $937/sqft.

10 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

Parkwoods-Donalda, 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

63/ 100

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.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: Brookbanks Dr at Valley Woods Rd, about 209 m away

20+ transit stops4 grocery20+ dining18 parks8 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.

Wexford-Maryvale
$865K
Lawrence Park South
$2.14M
Bedford Park-Nortown
$2.90M
Cliffcrest
$1.51M
High Park-Swansea
$4.99M

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 Milne Valley Middle School
61%
Milne Valley Middle SchoolPublic · Elementary · 0.5 km awayBelow the GTA average · 61% meet the provincial standard
Parkview Alternative SchoolEQAO results not published

Affordability & Mortgage

Affordability
$9,567/mo
$394KIncome needed
5.3×Price ÷ income
$2,208Weekly 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 $9,567Property tax $847Total carry $10,413

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)
$8,961per month

Mortgage amount $1,679,200 · 4.14% over 25 years

$419,800Down payment (20.0%)
$1,679,200Loan before insurance
$0CMHC premium
$9,807Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,961
Property tax
$847
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9,807

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

One-time closing costs

Ontario land transfer tax
$38,950
Toronto municipal land transfer tax
$38,950
Estimated closing costs
$77,900

Plus your down payment of $419,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$10,884/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

$1,009,050Total interest paid
$2,688,250Total of all payments
Principal $1,679,200 Interest $1,009,050
YearPrincipalInterestBalance
1$39,338$68,192$1,639,862
2$40,983$66,547$1,598,879
3$42,698$64,832$1,556,181
4$44,484$63,046$1,511,698
5$46,344$61,186$1,465,353
6$48,283$59,247$1,417,071
7$50,302$57,228$1,366,768
8$52,406$55,124$1,314,362
9$54,598$52,932$1,259,764
10$56,882$50,648$1,202,881
11$59,262$48,268$1,143,620
12$61,740$45,790$1,081,879
13$64,323$43,207$1,017,556
14$67,013$40,517$950,543
15$69,816$37,714$880,727
16$72,737$34,793$807,990
17$75,779$31,751$732,211
18$78,949$28,581$653,262
19$82,251$25,279$571,010
20$85,692$21,838$485,318
21$89,276$18,254$396,042
22$93,010$14,520$303,032
23$96,901$10,629$206,131
24$100,954$6,576$105,177
25$105,177$2,353$0

At the end of your 5-year term

Total paid over the term
$537,650
Principal paid down
$213,847
Interest paid
$323,804
Balance remaining
$1,465,353

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$5,250/mo
$63,000Gross annual rent
2.1%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.

3.0%
Gross yield
− Property tax $10,158− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $44,512

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SOTHEBY'S INTERNATIONAL REALTY CANADA. MLS®/PropTx.

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