69 Gustav Crescent, Toronto, ON

Newtonbrook East, Toronto · MLS® C13531958

$1,999,000
For Sale
Listed 10 days ago
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5Bedrooms
4Bathrooms
2Garage · 6 parking
3000-3500Sq Ft

About this home

Welcome to 69 Gustav Crescent, a spacious and well-maintained family home nestled in one of North York's most desirable neighbourhoods. Offering 4+1 bedrooms, 3 full bathrooms, this home provides an abundance of space for growing families, multi-generational living, or those seeking room to work and entertain. The Primary bedroom has a large 4-piece ensuite and his and her walk-in closets. The main floor features a spacious living room seamlessly connected to a private home office, an elegant dining room with a convenient pass-through to the kitchen and views of the beautifully manicured backyard, a large eat-in kitchen ideal for family gatherings, and a welcoming family room highlighted by a fireplace with custom built-in cabinetry on either side. The finished basement adds valuable living space with an additional bedroom and flexible areas for recreation, gym, or guest accommodations. Situated on a premium pie-shaped lot, the property offers a generous backyard with endless possibilities for outdoor enjoyment. Located in a fantastic family-friendly community, you'll enjoy the convenience of being just a short walk to parks, highly rated schools, shopping, restaurants, transit, and everyday amenities. Whether you're looking to move in and enjoy the home as it is today or customize and update it to suit your personal style, this property presents exceptional potential and long-term value. A rare opportunity to own a spacious home on a premium lot in a highly sought-after North York location.

Key facts

Property type
Detached, 2-Storey
MLS®
C13531958
Bedrooms
5 (4 + 1)
Bathrooms
4 (1 half)
Size
3000-3500
Lot
32.75 × 112.1 ft
Cross streets
Risebrough Ave. and Bayview Ave.
Parking
2 garage · 6 parking (attached)
Driveway
Private Double
Basement
Finished, Full
Heating
Baseboard
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$10,806 / 2025
Days on market
10
Listing brokerage
KELLER WILLIAMS REALTY CENTRES

Rooms

OfficeGround3.27 × 4.12 m

combined w/living · window

Bedroom 4Second3.96 × 3.66 m
Living RoomGround4.96 × 3.91 m

combined w/office · large window

Primary BedroomSecond8.43 × 5.80 m

walk-in closet(s) · 4 pc ensuite · combined w/sitting

Family RoomGround5.57 × 4.56 m

w/o to patio · fireplace · b/i bookcase

Dining RoomGround3.64 × 5.44 m

large window · overlooks garden

Bedroom 2Second4.37 × 3.97 m

window · double closet

Bedroom 3Second4.64 × 3.35 m

window · double closet

Bedroom 5Basement3.70 × 2.81 m

window · closet

LaundryGround1.81 × 3.18 m

access to garage · side door · laundry sink

KitchenGround6.34 × 3.80 m

w/o to patio · b/i appliances · large window

RecreationBasement5.36 × 13.75 m

double closet · double closet · 3 pc bath

Moe’s TakeTeam Asgarian · Broker
In line
$1.89Mest. value

Listed at $1,999,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

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 $2.00M, a close match.

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 $1.86M
  • Bedrooms −$30K
  • Adjusts to $1.83M

That comparable adjusts to $1.83M; the $1.89M 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.

Its public catchment (Cummer Valley Middle School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. 3292 Bayview Ave is about a 1-minute walk away.

List price
$1.86MGreat deal$2.00MOverpriced

Total price vs nearby homes. Fair value about $1.89M, 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.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Primary suite: a key comfort and resale feature.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby in Newtonbrook East · asking prices
$1.93Mavg asking

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

107 Pemberton Avenue$2.00M99 Abitibi Avenue$1.89M32 Northwood Drive$1.90M46 Winlock Park$1.86M17 Arran Crescent$2.00M

The 5 closest of 6 active listings nearby.

See all comparable homes
2.00MThis home2.00M1.89M1.90M1.86M2.00MThis home vs active comparables
Live market pulseActive comparables in Newtonbrook East · median list $2.00M
$615this home / sqft
8active listings nearby
10days on market

This home lists 8% below the area average of $672/sqft.

9 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

Newtonbrook 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

30/ 100

Somewhat 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.

Some errands on foot, but most trips need a car.

🚉 Nearest transit: 3292 Bayview Ave, about 81 m away

20+ transit stops1 grocery

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.

Bedford Park-Nortown
$2.90M
Lawrence Park South
$2.14M
Wexford-Maryvale
$865K
Downsview-Roding-CFB
$1.06M
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 Cummer Valley Middle School
79%
Cummer Valley Middle SchoolPublic · Elementary · 0.6 km awayAbove the GTA average · 79% meet the provincial standard
Avondale Secondary Alternative SchoolEQAO results not published

Affordability & Mortgage

Affordability
$9,111/mo
$379KIncome needed
5.3×Price ÷ income
$2,102Weekly 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.

91%mortgage
Mortgage $9,111Property tax $901Total carry $10,011

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)
$8,534per month

Mortgage amount $1,599,200 · 4.14% over 25 years

$399,800Down payment (20.0%)
$1,599,200Loan before insurance
$0CMHC premium
$9,434Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,534
Property tax
$901
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9,434

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

One-time closing costs

Ontario land transfer tax
$36,455
Toronto municipal land transfer tax
$36,455
Estimated closing costs
$72,910

Plus your down payment of $399,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$10,365/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

$960,977Total interest paid
$2,560,177Total of all payments
Principal $1,599,200 Interest $960,977
YearPrincipalInterestBalance
1$37,464$64,943$1,561,736
2$39,031$63,376$1,522,705
3$40,663$61,744$1,482,042
4$42,364$60,043$1,439,678
5$44,136$58,271$1,395,542
6$45,982$56,425$1,349,559
7$47,906$54,501$1,301,653
8$49,910$52,497$1,251,744
9$51,997$50,410$1,199,746
10$54,172$48,235$1,145,574
11$56,438$45,969$1,089,136
12$58,799$43,608$1,030,337
13$61,258$41,149$969,078
14$63,821$38,586$905,258
15$66,490$35,917$838,767
16$69,271$33,136$769,496
17$72,169$30,238$697,327
18$75,188$27,219$622,139
19$78,333$24,074$543,806
20$81,609$20,798$462,197
21$85,023$17,384$377,174
22$88,579$13,828$288,595
23$92,284$10,123$196,311
24$96,144$6,263$100,166
25$100,166$2,241$0

At the end of your 5-year term

Total paid over the term
$512,035
Principal paid down
$203,658
Interest paid
$308,377
Balance remaining
$1,395,542

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$6,300/mo
$75,600Gross annual rent
2.8%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.

3.8%
Gross yield
− Property tax $10,806− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $55,078

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

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