3 Cobblestone Drive, Toronto, ON
Don Valley Village, Toronto · MLS® C13633736
About this home
In short
- Welcome to this exceptionally bright and spacious 4+1-bedroom residence, with total livable area of 3108 sf quietly nestled on a desirable crescent.
- Embodying the epitome of refined neighborhood living, this home has undergone over $900,000 in extensive interior and exterior renovations over the past four years.
- Upgrades include new hardwood floors, custom stairs, a gourmet kitchen, Beautiful office with skylight, four stunning modern bathrooms, and a completely redesigned...
- The spacious family room offers a seamless walk-out to a private backyard oasis featuring a pristine swimming pool with a relaxing built-in spa, powered by new...
- Featuring a separate entrance, a fifth bedroom, and a custom bar area with a fridge (easily adaptable to a full second kitchen by simply adding a stove ), this space...
Welcome to this exceptionally bright and spacious 4+1-bedroom residence, with total livable area of 3108 sf quietly nestled on a desirable crescent. Embodying the epitome of refined neighborhood living, this home has undergone over $900,000 in extensive interior and exterior renovations over the past four years. Upgrades include new hardwood floors, custom stairs, a gourmet kitchen, Beautiful office with skylight, four stunning modern bathrooms, and a completely redesigned basement. The spacious family room offers a seamless walk-out to a private backyard oasis featuring a pristine swimming pool with a relaxing built-in spa, powered by new Hayward equipment (2024). ***Incredible Income Potential: The redesigned walk-out lower level offers fantastic versatility. Featuring a separate entrance, a fifth bedroom, and a custom bar area with a fridge (easily adaptable to a full second kitchen by simply adding a stove ), this space is perfectly configured to be a high-yielding rental unit or a private in-law suite to help offset your mortgage. Outside, the home boasts exceptional curb appeal featuring a beautifully landscaped driveway and an elegant, upgraded stone front facade. Situated in a highly coveted school district, ideally located just minutes from the Subway, GO Station, Hwys 401/404/DVP, North York General Hospital, and lush neighborhood parks. Completely move-in ready-just turn the key!
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C13633736
- Bedrooms
- 4+1 (5 total)
- Bathrooms
- 4 (1 half)
- Size
- 2000-2500 sq ft
- Lot
- 55 × 120 ft
- Cross streets
- Leslie St and Van Horne Ave
- Parking
- 2 garage · 4 parking (attached)
- Basement
- Separate Entrance, Finished
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stone, Stucco (Plaster)
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Pool
- Inground
- Property tax
- $7,707 / 2025
- Days on market
- 38
- Listing brokerage
- REMAX YOUR COMMUNITY REALTY
Rooms
closet · hardwood floor
closet · hardwood floor
gas fireplace · hardwood floor · w/o to sunroom
4 pc ensuite · double closet
w/o to yard · sliding doors · picture window
overlooks frontyard · hardwood floor
pot lights · hardwood floor · large window
Window
overlooks backyard · backsplash · pot lights
skylight · overlooks backyard · glass doors
4 pc bath · soaking tub · tile floor
bar sink · carpet free · walk-out
Listed at $2,350,000. My estimate lands at $1.46M, so the ask sits about 61% above what comparable sales suggest. A gap that wide can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look at what justifies it before you offer. Treat the figure as a starting point: tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.
Second read, from the city assessment: $1.39M. Similar homes sold in line with their assessments, and this one lands close to the comparable-sales figure, which is what a firm read looks like.
Total price vs nearby homes. Fair value about $1.46M, median of 54 comparables.
The market behind the math:
About 1.1 months of inventory: 7 detached homes for sale in the area against 20 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $1,044/sqft against an area asking average of $636/sqft. Size and $/sqft both feed the estimate above.
- Separate-entrance basement apartment features. A finished 1 bed basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Don Valley Village: 17 of the 118 detached leases here lately were basement units, around $1,900 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.
- Inground pool. Priced into the comparison on the assumption it is clean and modern. A pool costs more to build than resale pays back, and condition is the in-person call.
How this estimate is builtthe short version
I take the 54 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 $1.39M, a close match.
What the listing highlights5 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
Schools & getting aroundcatchment and transit
Its public catchment (Don Valley Middle School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Based on 54 comparable homes that sold in Don Valley Village over the past two years, from 112 closings there.
For sale
For sale
For sale
For sale
For sale
For saleNothing 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 $1.46M, which is where my estimate comes from.
Per square foot, these ask about $619/sqft; this home lists at $1,044/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 6 active listings nearby.
See all comparable homesNeighbourhood & location
Don Valley 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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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 4.09% via Ratehub.ca (as of September 11, 2026); conventional rates run a little higher.
Mortgage amount $1,880,000 · 4.24% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $10,135
- Property tax
- $642
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $10,778
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $45,225
- Toronto municipal land transfer tax
- $45,225
- Estimated closing costs
- $90,450
Plus your down payment of $470,000. 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
- $608,117
- Principal paid down
- $236,613
- Interest paid
- $371,505
- Balance remaining
- $1,643,387
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
The suite is real income here: basements rent in Don Valley Village (17 of 118 recent detached leases were basement units, around $1,900 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,900 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 numbersThe last 21 whole-home leases in Don Valley Village signed at a median of $3,909 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,378. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of REMAX YOUR COMMUNITY REALTY. MLS®/PropTx.