56-193 Mcnicoll Avenue, Toronto, ON
Hillcrest Village, Toronto · MLS® C13584238
About this home
Rarely offered cathedral ceiling model in sought-after Hillcrest Village. Sun-filled two-storey living room w/ full wall of windows, wide-plank oak floors & pot lights throughout. Completely renovated June 2026 by owners preparing it for their own family, over $170K invested, no corners cut. All-new copper wiring (zero aluminum remaining), 200-amp EV-ready panel, ESA certified, fully permitted & inspected. Stunning new kitchen w/ quartz waterfall island, prep sink, induction range & vented hood, 36" fridge, RO water at tap. 3 brand-new full baths plus powder room incl. 4-pc primary ensuite. Multi-level layout w/ finished lower level, walk-out to private fenced patio under mature trees. Garage + 3 driveway spots. Water incl. in maintenance. Vacant, immediate/flexible closing. Steps to TTC, one bus to subway. Top-ranked A.Y. Jackson S.S. & Hillmount P.S. zone, mins to Seneca College, Fairview Mall, Hwy 404/DVP. Truly turn-key, nothing left to do but move in.
Key facts
- Property type
- Condo Townhouse, Multi-Level
- MLS®
- C13584238
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 4 (1 half)
- Size
- 1200-1399
- Cross streets
- McNicoll / Don Mills
- Parking
- 1 garage · 3 parking (attached)
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Shingle
- Maintenance
- $566/mo
- Exposure
- North
- Property tax
- $3,698 / 2026
- Days on market
- 2
- Listing brokerage
- CENTURY 21 LANDUNION REALTY INC.
Rooms
overlooks family · separate room · broadloom
hardwood floor · large closet · large window
eat-in kitchen · centre island · stainless steel appl
hardwood floor · 4 pc ensuite
hardwood floor · 2 pc ensuite
w/o to yard · window floor to ceiling · south view
hardwood floor · large closet · picture window
Listed at $899,000, this home is about 20% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.
In Hillcrest Village lately, sellers have been getting about 100% of asking and homes sell in about 35 days.
There were not many closely comparable homes right in Hillcrest Village, so I widened the search to the surrounding area.
Based on 94 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 94 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $808K, 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, sold for $615K
- Bedrooms +$22K
- Bathrooms +$22K
- Adjusts to $658K
That comparable adjusts to $658K; the $748K estimate above is the median of all 94 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.
On schools, this address is zoned for Hillmount Public School, 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.
Total price vs nearby homes. Fair value about $748K, median of 94 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. Value driver
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
- Primary suite: a key comfort and resale feature. Lifestyle
- 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 of 8 active listings nearby.
See all comparable homesThis home lists 33% above the area average of $522/sqft.
3 days faster than the Toronto average (5 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Hillcrest Village, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 23, 2026); conventional rates run a little higher.
Mortgage amount $719,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,838
- Property tax
- $308
- Condo / maintenance fees
- $566
- Heating
- $0
- Estimated monthly cost
- $4,712
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $14,455
- Toronto municipal land transfer tax
- $14,455
- Estimated closing costs
- $28,910
Plus your down payment of $179,800. 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
- $230,275
- Principal paid down
- $91,590
- Interest paid
- $138,685
- Balance remaining
- $627,610
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 CENTURY 21 LANDUNION REALTY INC.. MLS®/PropTx.