18 Olsen Drive, Toronto, ON
Parkwoods-Donalda, Toronto · MLS® C13639322
About this home
In short
- Rarely Offered Sun-Filled Family Residence with an Exceptionally Rare Triple-Car Garage in Prestigious Parkwoods-Donalda.
- Situated on a beautifully landscaped corner lot, this spacious multi-level sidesplit offers 4+1 bedrooms, 3 full bathrooms, and a thoughtfully designed layout that...
- The expansive outdoor space provides endless opportunities to create your own private garden oasis.
- The professionally renovated gourmet kitchen features premium Miele appliances, including a built-in refrigerator, built-in oven, speed oven, cooktop, range hood, and...
- The private bedroom level includes a bright primary suite with a 3-piece ensuite, plus two secondary bedrooms with custom built-in study desks and shelving, creating...
Rarely Offered Sun-Filled Family Residence with an Exceptionally Rare Triple-Car Garage in Prestigious Parkwoods-Donalda. Situated on a beautifully landscaped corner lot, this spacious multi-level sidesplit offers 4+1 bedrooms, 3 full bathrooms, and a thoughtfully designed layout that blends luxury, functionality, and everyday family living. The expansive outdoor space provides endless opportunities to create your own private garden oasis.The professionally renovated gourmet kitchen features premium Miele appliances, including a built-in refrigerator, built-in oven, speed oven, cooktop, range hood, and dishwasher. The private bedroom level includes a bright primary suite with a 3-piece ensuite, plus two secondary bedrooms with custom built-in study desks and shelving, creating an ideal environment for children to study and grow.The Hollywood-style soundproof media/theatre room with fireplace features a walk-out to the backyard. The finished lower level offers a spacious recreation room with a custom-built bar, built-in cabinetry, glass display shelving, and an additional bedroom currently used as a nanny suite, providing excellent flexibility for extended family or guests.Additional features include a 2022 furnace and central air conditioning, Pella windows and doors with built-in blinds, epoxy-coated garage floors, bathroom heat lamps/fans, security system rough-ins, and numerous quality upgrades throughout.An oversized private driveway accommodates up to seven additional vehicles. Ideally located steps to Donalda Golf & Country Club, top-ranked schools, parks, walking trails, public transit, Fairview Mall, North York General Hospital, and minutes to Highways 401, 404, and the DVP.A rare offering combining exceptional craftsmanship, outstanding functionality, and an unmatched family lifestyle in one of North York's most desirable neighbourhoods.
Key facts
- Property type
- Detached, Sidesplit
- MLS®
- C13639322
- Bedrooms
- 4+1 (5 total)
- Bathrooms
- 3
- Size
- 2000-2500 sq ft
- Lot
- 55 × 120 ft
- Cross streets
- York Mills/Don Mills
- Parking
- 3 garage · 9 parking (attached)
- Driveway
- Private
- Basement
- Finished with Walk-Out, Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Brick
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $8,262 / 2025
- Days on market
- 39
- Listing brokerage
- RE/MAX REALTRON REALTY INC.
Rooms
3 pc ensuite · laminate
combined w/living · hardwood floor · w/o to deck
ceramic floor · eat-in kitchen · window
Laminate
fireplace · laminate · w/o to yard
3 Pc Bath
3 Pc Bath
Laminate
Laminate
3 Pc Bath
Laminate
combined w/dining · hardwood floor
Laminate
Listed at $1,568,000 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $1.58M, typically $1.45M to $1.71M. Comparable closings on their own put this home around $1.61M, which agrees with the ask, so this is a firm read.
Second read, from the city assessment: $1.60M. 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 $1.58M, median of 47 comparables.
The market behind the math:
About 3.9 months of inventory: 17 detached homes for sale in the area against 13 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $697/sqft against an area asking average of $875/sqft. Size and $/sqft both feed the estimate above.
- Corner lot. Two street frontages: more to landscape, shovel and mow, and more exposure to traffic, wind and headlights at night. Buyers price that against an interior lot on the same street, so I read this one on the cautious side and confirm the setting in person.
- Walk-out basement apartment features. A finished 1 bed walk-out basement apartment. A self-contained space for extended family, guests or potential income. In Parkwoods-Donalda basements rarely rent out (8 of 86 recent detached leases were basement units), so buyers here treat a suite as family or nanny space rather than income. Value it for the living space, not the rent. 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 47 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 $1.60M, 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.
- 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
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
- Primary suite: a key comfort and resale feature. Lifestyle
- Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Schools & getting aroundcatchment and transit
The assigned public school is Donview Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
Read this with carewhy it’s an estimate, not an appraisal
There were not many closely comparable homes right in Parkwoods-Donalda, so I widened the search to the surrounding area.
Based on 47 comparable homes that sold in Parkwoods-Donalda over the past two years, from 135 closings there.
For sale
For sale
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 $1.61M, which is where my estimate comes from.
Per square foot, these ask about $812/sqft; this home lists at $697/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesNeighbourhood & location
Parkwoods-Donalda, 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 $1,254,400 · 4.24% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,763
- Property tax
- $689
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,451
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $27,835
- Toronto municipal land transfer tax
- $27,835
- Estimated closing costs
- $55,670
Plus your down payment of $313,600. 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
- $405,757
- Principal paid down
- $157,876
- Interest paid
- $247,881
- Balance remaining
- $1,096,524
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
About the suite: in Parkwoods-Donalda basements rarely rent out (8 of 86 recent detached leases were basement units), so the figure above does not count it as income. Buyers here use a suite as family or nanny space.
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 16 whole-home leases in Parkwoods-Donalda signed at a median of $4,997 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,479. 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 RE/MAX REALTRON REALTY INC.. MLS®/PropTx.