1-83 Rameau Drive, Toronto, ON

Hillcrest Village, Toronto · MLS® C13753834

$649,000
For Sale
Listed 41 days agoNo offer date stated
Request a showing
◎ Directions
2Bedrooms
2Bathrooms
1Parking
1000-1199Sq ft

About this home

In short

  • Discover one of the most sought-after locations in the city.
  • These inviting spaces are complemented by a newly renovated three-piece bathroom, featuring modern fixtures and a sleek design that enhances both functionality and style.
  • The beautifully finished basement offers an inviting, versatile space ideal for a variety of uses.
  • Its open layout makes it a perfect addition to your home, ready to adapt to your needs and preferences.
  • Enjoy your own private deck, an oasis perfect for hosting barbecues with friends or unwinding with a refreshing beverage while soaking in the evening ambiance.

Discover one of the most sought-after locations in the city! This premium end-unit home offers many advantages, starting with its coveted southern exposure, which bathes the entire space in warm, natural light throughout the day. Step inside to find a beautifully updated interior with laminate flooring that flows seamlessly through the living areas, creating an inviting atmosphere. The spacious living room is perfect for relaxation and entertaining, while the thoughtfully designed kitchen serves as the heart of the home. From the kitchen window, enjoy delightful views of the well-maintained front gardens, making mealtimes a pleasurable experience. On the second floor, you will find two spacious bedrooms, each offering ample room for relaxation and personalization. These inviting spaces are complemented by a newly renovated three-piece bathroom, featuring modern fixtures and a sleek design that enhances both functionality and style. The beautifully finished basement offers an inviting, versatile space ideal for a variety of uses. Whether you envision hosting gatherings with friends and family, setting up a productive home office, or even generating extra income through a rental opportunity, this area is designed to enhance your lifestyle. Its open layout makes it a perfect addition to your home, ready to adapt to your needs and preferences. Enjoy your own private deck, an oasis perfect for hosting barbecues with friends or unwinding with a refreshing beverage while soaking in the evening ambiance. This charming home is ideally situated minutes from essential transit options, 404/401, the hospital, reputable schools, excellent dining options for food enthusiasts, and picturesque local parks, giving you seamless access to both leisure and convenience.

Key facts

Property type
Condo Townhouse, 2-Storey
MLS®
C13753834
Bedrooms
2
Bathrooms
2
Size
1000-1199 sq ft
Cross streets
Don Mills Rd/Finch Ave E
Parking
1 parking
Basement
Apartment, Finished
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Shingle
Roof
Asphalt Shingle
Maintenance
$377/mo
Exposure
South
Property tax
$3,129 / 2025
Days on market
41
Listing brokerage
RE/MAX HALLMARK REALTY LTD.

Rooms

BedroomSecond4.58 × 3.42 m

laminate · closet

LaundryBasement2.65 × 3.12 m
KitchenMain2.31 × 2.18 m

updated · combined w/dining · laminate

KitchenBasement2.98 × 4.79 m

Tile Floor

Bedroom 2Second4.58 × 3.13 m

laminate · closet

Living RoomMain4.53 × 5.08 m

Laminate

RecreationBasement4.54 × 4.88 m

laminate · 3 pc bath

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.

Considering this property? Request a written price read

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.

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.

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 · 0.6 km awayAbove the GTA average · 75% meet the provincial standard
St. MatthiasEQAO results not published
Also nearby: 12 more schools within 2.5 km
Crestview Public School · Public elementary0.4 km · 69% at standard
Don Valley Middle School · Public elementary0.5 km · 87% at standard
Our Lady of Guadalupe Catholic School · Catholic elementary0.6 km
Divine Mercy Catholic School · Catholic elementary0.8 km · 61% at standard
Seneca Hill Public School · Public elementary0.9 km · 92% at standard
Hillmount Public School · Public elementary1.2 km · 89% at standard
Pineway Public School · Public elementary1.2 km · 48% at standard
Georges Vanier Secondary School · Public secondary1.2 km · 65% at standard
Lescon Public School · Public elementary1.3 km · 44% at standard
Woodbine Middle School · Public elementary1.4 km · 45% at standard
North East Secondary Alternative School · Public secondary1.4 km
Kingslake Public School · Public elementary1.5 km · 55% at standard

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

Affordability & Mortgage

Affordability
$2,958/mo
$132KIncome needed
4.9×Price ÷ income
$683Weekly cost
$18,910Land 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.

82%mortgage
Mortgage $2,958Property tax $261Condo fee $377Total carry $3,595

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)
$2,871per month

Mortgage amount $519,200 · 4.49% over 25 years

$129,800Down payment (20.0%)
$519,200Loan before insurance
$0CMHC premium
$3,508Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,871
Property tax
$261
Condo / maintenance fees
$377
Heating
$0
Estimated monthly cost
$3,508

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

One-time closing costs

Ontario land transfer tax
$9,455
Toronto municipal land transfer tax
$9,455
Estimated closing costs
$18,910

Plus your down payment of $129,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,475/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

$342,024Total interest paid
$861,224Total of all payments
Principal $519,200 Interest $342,024
YearPrincipalInterestBalance
1$11,586$22,863$507,614
2$12,112$22,337$495,501
3$12,662$21,787$482,839
4$13,237$21,212$469,602
5$13,838$20,611$455,763
6$14,467$19,982$441,297
7$15,123$19,325$426,173
8$15,810$18,639$410,363
9$16,528$17,921$393,835
10$17,278$17,171$376,557
11$18,063$16,386$358,494
12$18,883$15,566$339,611
13$19,740$14,709$319,870
14$20,637$13,812$299,234
15$21,574$12,875$277,660
16$22,553$11,896$255,107
17$23,577$10,872$231,530
18$24,648$9,801$206,882
19$25,767$8,682$181,115
20$26,937$7,512$154,178
21$28,160$6,289$126,019
22$29,438$5,011$96,580
23$30,775$3,674$65,805
24$32,172$2,277$33,633
25$33,633$816$0

At the end of your 5-year term

Total paid over the term
$172,245
Principal paid down
$63,437
Interest paid
$108,808
Balance remaining
$455,763

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
Estimate$3,400/mo
$40,800Gross annual rent
4.3%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

6.3%
Gross yield
− Property tax $3,129− Condo fees $4,519− Insurance $600− Vacancy & upkeep $4,488Net operating income $28,064

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX HALLMARK REALTY LTD.. MLS®/PropTx.

CallRequest a showing