15 Resolution Crescent, Toronto, ON

Hillcrest Village, Toronto · MLS® C13622192

$999,000
For Sale
Listed 40 days agoNo offer date stated
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3+1Bedrooms
1Bathrooms
1Garage · 3 parking
1100-1500Sq ft

About this home

In short

  • Over 8000 sq feet of lot coverage.
  • This home is situated on a quiet tree lined crescent, lovingly cared for 3+1 bedroom bungalow, built by Schickendanz Brothers Ltd in 1965, first time offered for sale...
  • Great opportunity for the first time buyer to buy into the community, or ideal for the handyman to renovate, or to build a new home, total lot area over 8000 square...
  • Walk to TTC, GO-Train, shopping plaza, Cummer park community center, library, place of worship, walking/hiking trails, Cresthaven drive park and tennis club.
  • Close to Hwy's 401 and 404.

Over 8000 sq feet of lot coverage! Highly coveted Hillcrest Village! This home is situated on a quiet tree lined crescent, lovingly cared for 3+1 bedroom bungalow, built by Schickendanz Brothers Ltd in 1965, first time offered for sale by original owner, fully fenced private rear oversized irregular shaped yard (see attached plan of survey), updated windows on the ground level, hardwood under broadloom on ground level, newer air conditioner and gas furnace, oversized open concept basement recreation room with above grade window, separate side entrance located under carport, 100Amp fuse electrical panel, eat in kitchen with custom seating for six around large table, separate utility room and separate oversized laundry-storage room. Great opportunity for the first time buyer to buy into the community, or ideal for the handyman to renovate, or to build a new home, total lot area over 8000 square feet (mpac is incorrect, refer to attached survey). The areas highly rated schools-A.Y. Jackson secondary, Zion Heights Junior High, Cresthaven Drive Public, all within walking distance. Walk to TTC, GO-Train, shopping plaza, Cummer park community center, library, place of worship, walking/hiking trails, Cresthaven drive park and tennis club. Close to Hwy's 401 and 404.

Key facts

Property type
Detached, Bungalow
MLS®
C13622192
Bedrooms
3+1 (4 total)
Bathrooms
1
Size
1100-1500 sq ft
Lot
47.11 × 182.13 ft
Cross streets
leslie St & Clansman Blvd
Parking
1 garage · 3 parking (carport)
Driveway
Private
Basement
Finished, Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,451 / 2026
Days on market
40
Listing brokerage
REMAX YOUR COMMUNITY REALTY

Rooms

Living RoomGround2.02 × 3.21 m

combined w/dining · broadloom · window

Bedroom 3Ground2.46 × 3.74 m

broadloom · closet · window

Bedroom 4Basement1.46 × 3.32 m

broadloom · above grade window · closet

LaundryBasement4.90 × 3.29 m

concrete floor · above grade window

Utility RoomBasement2.73 × 5.12 m

Concrete Floor

Primary BedroomGround3.74 × 3.04 m

broadloom · closet · window

RecreationBasement8.26 × 6.91 m

linoleum · above grade window · open concept

KitchenGround2.89 × 5.24 m

linoleum · eat-in kitchen · window

Bedroom 2Ground3.10 × 2.40 m

broadloom · closet · window

Dining RoomGround2.00 × 3.21 m

combined w/living · broadloom · open concept

Our TakeTeam Asgarian · Broker
In line
$1.01Mest. value

Listed at $999,000 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $1.01M, typically $897K to $1.12M. Comparable closings on their own put this home around $1.03M, which agrees with the ask, so this is a firm read.

Second read, from the city assessment: $1.21M. That is about 17% 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.

List price
$897KBelow recent closings$1.12MAbove recent closings

Total price vs nearby homes. Fair value about $1.01M, median of 26 comparables.

The market behind the math:

6sold nearby · 90 days
$1.17Mmedian sold price
93%of asking, on average
−12%prices vs a year ago
~21 dayshomes like this take to sell
40days on market so far
$3,554/moest. rent · 14 leases
4.3%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 5 months of inventory: 10 detached homes for sale in the area against 6 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 $768/sqft against an area asking average of $834/sqft. Size and $/sqft both feed the estimate above.

  • Separate-entrance basement apartment features. A finished 1 bed basement apartment with a separate entrance. A self-contained space for extended family, guests or potential income. Basements do rent in Hillcrest Village: 23 of the 79 detached leases here lately were basement units, around $1,650 a month. That makes the suite real income, and comparable-sales math under-prices it, so read the estimate as a floor. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
How this estimate is builtthe short version

I take the 26 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 $1.21M, a bit higher.

What the listing highlights5 points to weigh

Claims from the listing, worth confirming in person. I can 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
  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

On schools, this address is zoned for Zion Heights Middle 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.

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

There were not many closely comparable homes right in Hillcrest Village, so I widened the search to the surrounding area.

Based on 26 comparable homes that sold in Hillcrest Village over the past two years, from 70 closings there.

What sellers nearby are askingCurrently listed nearby in Hillcrest Village · asking prices
$1.31Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $1.03M, which is where my estimate comes from.

Per square foot, these ask about $855/sqft; this home lists at $768/sqft. Size is part of the price story, not just the sticker.

The 5 closest active listings nearby.

See all comparable homes
999kThis home1.25M1.09M1.38M1.30M1.55MThis home vs active comparables

Neighbourhood & location

Hillcrest Village, 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.

Newtonbrook West
$2.01M
Bedford Park-Nortown
$3.50M
Bridle Path-Sunnybrook-York Mills
$4.90M
Mount Pleasant East
$2.42M
Leaside
$3.55M

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 Cresthaven Public School
75%
Cresthaven Public SchoolPublic · Elementary · 0.3 km awayAbove the GTA average · 75% meet the provincial standard
St. MatthiasEQAO results not published
Also nearby: 12 more schools within 2.5 km
Cliffwood Public School · Public elementary0.8 km · 93% at standard
Hillmount Public School · Public elementary0.9 km · 89% at standard
Msgr Fraser College (Northeast) · Catholic secondary0.9 km
Highland Middle School · Public elementary0.9 km · 88% at standard
Pineway Public School · Public elementary1.1 km · 48% at standard
Arbor Glen Public School · Public elementary1.2 km · 98% at standard
Our Lady of Guadalupe Catholic School · Catholic elementary1.2 km
Don Valley Middle School · Public elementary1.2 km · 87% at standard
Crestview Public School · Public elementary1.2 km · 69% at standard
Seneca Hill Public School · Public elementary1.3 km · 92% at standard
Divine Mercy Catholic School · Catholic elementary1.6 km · 61% at standard
Cherokee Public School · Public elementary1.8 km · 62% at standard

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

Affordability & Mortgage

Affordability
$4,553/mo
$198KIncome needed
5.1×Price ÷ income
$1,051Weekly cost
$32,910Land 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.

88%mortgage
Mortgage $4,553Property tax $621Total carry $5,174

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%
$
%
4.24%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.09% via Ratehub.ca (as of September 9, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,309per month

Mortgage amount $799,200 · 4.24% over 25 years

$199,800Down payment (20.0%)
$799,200Loan before insurance
$0CMHC premium
$4,929Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,309
Property tax
$621
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,929

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

One-time closing costs

Ontario land transfer tax
$16,455
Toronto municipal land transfer tax
$16,455
Estimated closing costs
$32,910

Plus your down payment of $199,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.24%Qualifying rate
$5,228/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

$493,373Total interest paid
$1,292,573Total of all payments
Principal $799,200 Interest $493,373
YearPrincipalInterestBalance
1$18,465$33,238$780,735
2$19,257$32,446$761,478
3$20,082$31,621$741,396
4$20,942$30,761$720,454
5$21,840$29,863$698,614
6$22,775$28,928$675,839
7$23,751$27,952$652,088
8$24,769$26,934$627,319
9$25,830$25,873$601,488
10$26,937$24,766$574,551
11$28,091$23,611$546,460
12$29,295$22,408$517,165
13$30,550$21,152$486,614
14$31,860$19,843$454,755
15$33,225$18,478$421,530
16$34,648$17,055$386,882
17$36,133$15,570$350,749
18$37,681$14,022$313,067
19$39,296$12,407$273,771
20$40,980$10,723$232,792
21$42,736$8,967$190,056
22$44,567$7,136$145,489
23$46,477$5,226$99,013
24$48,468$3,235$50,545
25$50,545$1,158$0

At the end of your 5-year term

Total paid over the term
$258,515
Principal paid down
$100,586
Interest paid
$157,929
Balance remaining
$698,614

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 14 whole-home leases in Hillcrest Village$3,554/mo
$42,648Gross annual rent
2.9%Cap rate after taxes and upkeep
$3,132 to $3,746Typical rent range

The suite is real income here: basements rent in Hillcrest Village (23 of 79 recent detached leases were basement units, around $1,650 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,650 a month on top of the upper floors. Permitted use is worth confirming with the city.

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 14 whole-home leases in Hillcrest Village signed at a median of $3,910 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,554. 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.

4.3%
Gross yield
− Property tax $7,451− Insurance $1,400− Vacancy & upkeep $4,691Net operating income $29,106

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

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