73 Castlegrove Boulevard, Toronto, ON
Parkwoods-Donalda, Toronto · MLS® C13751988
About this home
In short
- A Rare Parkwoods-Donalda Opportunity.
- This well-loved 3-bedroom bungalow has been home to the same owners for more than 20 years and is now ready for its next chapter.
- Situated on a generous lot in beautiful Parkwoods-Donalda, this property offers several exciting options - renovate and create your own home, add a second storey, or...
- Imagine living where nature is your neighbour - surrounded by parks, walking trails, tennis clubs, an ice rink, baseball facilities, playgrounds, a community pool and...
- Daily conveniences are close at hand, with a nearby shopping plaza offering groceries, Shoppers Drug Mart, restaurants and specialty shops.7 3 Castlegrove Blvd. is an...
Large Lot! A Rare Parkwoods-Donalda Opportunity. An exceptional opportunity in one of Toronto's most desirable family neighbourhoods! This well-loved 3-bedroom bungalow has been home to the same owners for more than 20 years and is now ready for its next chapter. Interior photography has intentionally not been provided in consideration of the owner's privacy and the home's current lived-in condition. Instead, this property is being presented for what makes it truly special: the lot, the location and the possibilities. Situated on a generous lot in beautiful Parkwoods-Donalda, this property offers several exciting options - renovate and create your own home, add a second storey, or explore the opportunity to build a substantial new residence.The location is exceptional. Imagine living where nature is your neighbour - surrounded by parks, walking trails, tennis clubs, an ice rink, baseball facilities, playgrounds, a community pool and community centre. It is a setting that feels more like a country club than the city, with more nature than traffic. Families will appreciate the selection of nearby schools and excellent recreational amenities. Convenient public transit provides access to the new LRT, making connections across Toronto easier than ever. Major highways are just minutes away. Daily conveniences are close at hand, with a nearby shopping plaza offering groceries, Shoppers Drug Mart, restaurants and specialty shops.7 3 Castlegrove Blvd. is an opportunity to secure a wonderful piece of Parkwoods-Donalda and create something truly your own. Bring your vision. The possibilities are here. House: 1,272.50 sqft main level + 1,141.46 sqft basement level. See the attached Floorplans. Note the large lot!
Key facts
- Property type
- Detached, Bungalow
- MLS®
- C13751988
- Bedrooms
- 3
- Bathrooms
- 1
- Size
- 1100-1500 sq ft
- Lot
- 45.59 × 120.86 ft
- Cross streets
- Lawrence Ave./ Underhill Dr.
- Parking
- 1 garage · 2 parking (attached)
- Basement
- Partially Finished
- Heating
- Water
- A/C
- None
- Exterior
- Brick, Shingle
- Foundation
- Concrete Block
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $7,159 / 2026
- Days on market
- 5
- Listing brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Rooms
Hardwood Floor
North View
hardwood floor · overlooks backyard · b/i closet
hardwood floor · overlooks backyard · b/i closet
hardwood floor · b/i closet
hardwood floor · north view
Listed at $1,100,000 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $1.10M, typically $1.01M to $1.22M. Comparable closings on their own put this home around $1.10M, which agrees with the ask, so this is a firm read.
Second read, from the city assessment: $1.25M. 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 $1.10M, median of 55 comparables.
The market behind the math:
About 1.8 months of inventory: 8 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 $846/sqft against an area asking average of $883/sqft. Size and $/sqft both feed the estimate above.
How this estimate is builtthe short version
I take the 55 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 $1.25M, a bit higher.
What the listing highlights3 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
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Development potential: upside only if zoning permits, verify with the city before relying on it. Worth verifying
Schools & getting aroundcatchment and transit
The assigned public school is Broadlands Public 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 55 comparable homes that sold in Parkwoods-Donalda over the past two years, from 134 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 $1.10M, which is where my estimate comes from.
Per square foot, these ask about $880/sqft; this home lists at $846/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
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
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 $880,000 · 4.24% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,744
- Property tax
- $597
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,341
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $18,475
- Toronto municipal land transfer tax
- $18,475
- Estimated closing costs
- $36,950
Plus your down payment of $220,000. 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
- $284,651
- Principal paid down
- $110,755
- Interest paid
- $173,896
- Balance remaining
- $769,245
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 numbersThe last 38 whole-home leases in Parkwoods-Donalda signed at a median of $4,511 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,992. 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 ROYAL LEPAGE SIGNATURE REALTY. MLS®/PropTx.