200 Mcnicoll Avenue, Toronto, ON

Hillcrest Village, Toronto · MLS® C13726100

$1,290,000
For Sale
Listed 50 days agoNo offer date stated
4+3Bedrooms
6Bathrooms
2Garage · 6 parking
2000-2500Sq ft

About this home

In short

  • Beautifully newly renovated, exceptionally spacious residence oering 4+3 bedrooms and 6 full bathrooms, ideal for largefamilies, multi-generational living, or savvy...
  • The fully finished basement features three additional bedrooms, a full kitchen, and a separate entrance, providing excellenti n-law suite or rental income...

Beautifully newly renovated, exceptionally spacious residence oering 4+3 bedrooms and 6 full bathrooms, ideal for largefamilies, multi-generational living, or savvy investors. Thoughtfully designed with bright, open living spaces, this home is filled with naturallight throughout.The fully finished basement features three additional bedrooms, a full kitchen, and a separate entrance, providing excellenti n-law suite or rental income potential..Located in a highly sought-after school catchment, including Hillmount P.S., Highland J.H.S., and A.Y.Jackson S.S., this property is perfectly positioned for families. Enjoy unbeatable convenience with TTC steps away, close proximity to SenecaCollege, shopping, parks, and all essential amenities.A rare opportunity to own a turn-key, move-in-ready home in a prime North Yorklocation-oering space, flexibility, and long-term value.

Key facts

Property type
Detached, 2-Storey
MLS®
C13726100
Bedrooms
4+3 (7 total)
Bathrooms
6
Size
2000-2500 sq ft
Lot
57.7 × 121.36 ft
Cross streets
Don Mills/Mcnicoll
Parking
2 garage · 6 parking (built-in)
Driveway
Private Double
Basement
Finished, Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Aluminum Siding, Brick
Foundation
Brick
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,692 / 2025
Days on market
50
Listing brokerage
FIRST CLASS REALTY INC.

Rooms

KitchenGround4.76 × 2.76 m

ceramic floor · eat-in kitchen · overlooks garden

Family RoomGround4.93 × 3.49 m

hardwood floor · hardwood floor · w/o to yard

Dining RoomGround8.24 × 3.37 m

hardwood floor · combined w/living · window

Living RoomGround8.24 × 3.37 m

hardwood floor · combined w/dining · picture window

Bedroom 3Second4.15 × 2.80 m

hardwood floor · mirrored closet · window

Primary BedroomSecond5.05 × 4.10 m

hardwood floor · double closet · 4 pc ensuite

Bedroom 4Second4.05 × 3.90 m

hardwood floor · mirrored closet · window

Bedroom 2Second3.15 × 3.05 m

hardwood floor · mirrored closet · window

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.24Mlikely sale price

Listed at $1,290,000. Going by how homes in Hillcrest Village and the wider GTA have actually closed against their asking prices (about 96%, 12 local closings in 90 days), the likely sale price is near $1.24M, if it sells. A realistic range is $1.16M to $1.40M.

Independent value check: $1.50M. Without looking at the asking price, our model values the home itself about 16% above the ask (homes like it typically land between $1.41M and $1.57M).

Why $1.50M. The typical detached home sold in Hillcrest Village over the past year went for about $1.19M (43 sales). What sets this one apart:

  • ▲ Raises it4+3 bedrooms and 6 baths, against 3+2 and 3 typically.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▲ Raises itIts tax bill, which follows the city's own assessment, is $7,692 a year; the typical home sold here pays about $6,900.
  • ▲ Raises it2 garage and 6 total parking spaces, against 1 and 4 typically.
List price
$1.16MBelow recent closings$1.40MAbove recent closings

Total price vs nearby homes. Likely closing about $1.24M, from 12 recent closings in this pocket.

The market behind the math:

12sold nearby · 90 days
$1.17Mmedian sold price
96%of asking, on average
−12%prices vs a year ago
~13 dayshomes like this take to sell
50days on market so far
$4,579/moest. rent · 11 leases
4.3%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.5 months of inventory: 6 detached homes for sale in the area against 12 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 $573/sqft against an area asking average of $832/sqft.

  • Separate-entrance basement apartment features. A finished 3 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 Hillcrest Village: 24 of the 77 detached leases here lately were basement units, around $1,650 a month. That makes the suite real income. 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

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 12 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.25M. Condition and finishes remain an in-person call.

What the listing highlights3 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
  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
Schools & getting aroundcatchment and transit

On schools, this address is zoned for Cliffwood 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.

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 12 comparable homes that sold in Hillcrest Village over the past two years, from 74 closings there.

What sellers nearby are askingCurrently listed nearby in Hillcrest Village · asking prices
$1.89Mavg 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 $1.50M, which is where my estimate comes from.

Per square foot, these ask about $827/sqft; this home lists at $573/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.29MThis home1.60M2.09M1.68M2.88M1.22MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Toronto: $1.20M in September 2026, down 1% from a year ago, on 7,360 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$1.25M739
November 2025$1.21M596
December 2025$1.14M384
January 2026$1.20M285
February 2026$1.23M453
March 2026$1.34M580
April 2026$1.31M776
May 2026$1.30M861
June 2026$1.25M772
July 2026$1.17M684
August 2026$1.19M552
September 2026$1.20M678

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.

Steeles
$1.20M
Willowdale East
$2.19M
Banbury-Don Mills
$5.50M
St. Andrew-Windfields
$4.10M
Wexford-Maryvale
$849K

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 Cliffwood Public School
93%
Cliffwood Public SchoolPublic · Elementary · 0.8 km awayAmong the top in the GTA · 93% meet the provincial standard
St. MatthiasEQAO results not published
Also nearby: 12 more schools within 2.5 km
Hillmount Public School · Public elementary0.3 km · 89% at standard
Cresthaven Public School · Public elementary0.8 km · 75% at standard
Seneca Hill Public School · Public elementary1.1 km · 92% at standard
Msgr Fraser College (Northeast) · Catholic secondary1.1 km
Arbor Glen Public School · Public elementary1.1 km · 98% at standard
Our Lady of Guadalupe Catholic School · Catholic elementary1.1 km
Don Valley Middle School · Public elementary1.2 km · 87% at standard
Cherokee Public School · Public elementary1.3 km · 62% at standard
Crestview Public School · Public elementary1.3 km · 69% at standard
Zion Heights Middle School · Public elementary1.4 km · 93% at standard
Ernest Public School · Public elementary1.7 km · 63% at standard
Pineway Public School · Public elementary1.7 km · 48% at standard

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

Affordability & Mortgage

Affordability
$5,879/mo
$248KIncome needed
5.2×Price ÷ income
$1,357Weekly cost
$44,550Land 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.

90%mortgage
Mortgage $5,879Property tax $641Total carry $6,520

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,706per month

Mortgage amount $1,032,000 · 4.49% over 25 years

$258,000Down payment (20.0%)
$1,032,000Loan before insurance
$0CMHC premium
$6,347Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,706
Property tax
$641
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,347

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

One-time closing costs

Ontario land transfer tax
$22,275
Toronto municipal land transfer tax
$22,275
Estimated closing costs
$44,550

Plus your down payment of $258,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,906/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

$679,832Total interest paid
$1,711,832Total of all payments
Principal $1,032,000 Interest $679,832
YearPrincipalInterestBalance
1$23,030$45,443$1,008,970
2$24,075$44,398$984,895
3$25,169$43,305$959,726
4$26,311$42,162$933,415
5$27,506$40,967$905,909
6$28,755$39,718$877,154
7$30,060$38,413$847,093
8$31,425$37,048$815,668
9$32,852$35,621$782,816
10$34,344$34,129$748,472
11$35,903$32,570$712,569
12$37,533$30,940$675,035
13$39,237$29,236$635,798
14$41,019$27,454$594,779
15$42,881$25,592$551,898
16$44,828$23,645$507,069
17$46,864$21,609$460,205
18$48,992$19,482$411,214
19$51,216$17,257$359,998
20$53,541$14,932$306,456
21$55,972$12,501$250,484
22$58,514$9,959$191,970
23$61,171$7,303$130,799
24$63,948$4,525$66,851
25$66,851$1,622$0

At the end of your 5-year term

Total paid over the term
$342,366
Principal paid down
$126,091
Interest paid
$216,275
Balance remaining
$905,909

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 11 whole-home leases in Hillcrest Village$4,579/mo
$54,948Gross annual rent
3.1%Cap rate after taxes and upkeep
$4,213 to $4,945Typical rent range

The suite is real income here: basements rent in Hillcrest Village (24 of 77 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 11 whole-home leases in Hillcrest Village signed at a median of $4,038 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,579. 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 $7,692− Insurance $1,400− Vacancy & upkeep $6,044Net operating income $39,812

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

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