81 Mcnicoll Avenue, Toronto, ON

Hillcrest Village, Toronto · MLS® C13765010

$1,098,000
For Sale
Listed 19 days agoNo offer date stated
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4Bedrooms
2Bathrooms
1Garage · 5 parking
2000-2500Sq ft

About this home

In short

  • Welcome to 81 Mcnicoll Ave ------ First Time Ever Offered!!! ------ Ideally situated in a desirable neighbourhood!!, and backing onto tranquil-peaceful setting...
  • The main floor boasts large picture windows that flood the space with natural light, offering an open concept living & dining rooms, overlooking the front-back yards.
  • A fully finished basement provides exceptional, additional living space and flexibility for growing families or guests.
  • This home is situated in a desirable neighbourhood in North York where near the brand schools: Cliffwood Public School(PK - 5); A Y Jackson Secondary School(Grades...

Welcome to 81 Mcnicoll Ave ------ First Time Ever Offered!!! ------ Ideally situated in a desirable neighbourhood!!, and backing onto tranquil-peaceful setting backyard ------- This bright & practical layout and airy two story home has been loved by its original owner for many years. The main floor boasts large picture windows that flood the space with natural light, offering an open concept living & dining rooms, overlooking the front-back yards. The delightful and updated kitchen complete with updated appliance, countertop. The bright, sun-filled family room with a cozy wood burning fireplace creates to the charm of home with welcoming-feel, perfectly balances for entertaining-gathering area or relax at home, and a seamless walk-out to a large-sundeck. The upper level offers generously-sized, serene bedrooms with closet space, overlooking nature-green. A fully finished basement provides exceptional, additional living space and flexibility for growing families or guests. This home is situated in a desirable neighbourhood in North York where near the brand schools: Cliffwood Public School(PK - 5); A Y Jackson Secondary School(Grades 9-12); Highland Middle School(Grades 6-8)Located in a highly sought-after neighbourhood with easy access to schools, parks, and amenities.

Key facts

Property type
Detached, 2-Storey
MLS®
C13765010
Bedrooms
4
Bathrooms
2 (1 half)
Size
2000-2500 sq ft
Lot
53.27 × 128.04 ft
Cross streets
S.Steeles Ave E/E.Leslie St/W.Clansman Blvd
Parking
1 garage · 5 parking (attached)
Driveway
Private
Basement
Finished
Heating
Baseboard
A/C
Central Air
Exterior
Brick
Foundation
Other
Roof
Shingles
Sewer
Sewer
Property tax
$6,476 / 2026
Days on market
19
Listing brokerage
KELLER WILLIAMS REFERRED URBAN REALTY

Rooms

Powder RoomMain1.00 × 0.91 m

Separate Room

Bedroom 2Second3.73 × 2.82 m

hardwood floor · window · closet

Living RoomMain5.18 × 3.35 m

large window · broadloom · overlooks frontyard

LaundryBasement1.83 × 1.80 m

concrete floor · laundry sink

Bedroom 4Second3.83 × 2.74 m

hardwood floor · window · closet

Bedroom 3Second4.19 × 3.35 m

broadloom · closet · window

RecreationBasement7.21 × 3.25 m

broadloom · b/i bookcase

Dining RoomMain3.63 × 3.35 m

overlooks backyard · overlooks living · open concept

Family RoomMain4.17 × 4.11 m

fireplace · w/o to deck

KitchenMain4.95 × 2.34 m

updated · window · eat-in kitchen

Primary BedroomSecond4.42 × 4.39 m

broadloom · closet · window

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.06Mlikely sale price

Listed at $1,098,000. Going by how homes in Hillcrest Village and the wider GTA have actually closed against their asking prices (about 97%, 8 local closings in 90 days), the likely sale price is near $1.06M, if it sells. A realistic range is $994K to $1.20M.

Independent value check: $1.09M. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $1.02M and $1.14M).

Why $1.09M. 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 itIt is 2,000 to 2,500 sq ft; the typical home sold here is 1,500 to 2,000.
  • ▼ Lowers itIts tax bill, which follows the city's own assessment, is $6,476 a year; the typical home sold here pays about $6,900.
  • ▼ Lowers it slightlyThe listing presents it as a home to renovate or rebuild.
List price
$994KBelow recent closings$1.20MAbove recent closings

Total price vs nearby homes. Likely closing about $1.06M, from 8 recent closings in this pocket.

The market behind the math:

8sold nearby · 90 days
$1.17Mmedian sold price
95%of asking, on average
−11%prices vs a year ago
~12 dayshomes like this take to sell
19days on market so far
$4,139/moest. rent · 15 leases
4.5%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 4.1 months of inventory: 11 detached homes for sale in the area against 8 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 $488/sqft against an area asking average of $823/sqft.

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 8 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.04M. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Open-concept layout: modern, sought-after flow. Lifestyle
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 8 comparable homes that sold in Hillcrest Village over the past two years, from 75 closings there.

What sellers nearby are askingCurrently listed nearby in Hillcrest Village · asking prices
$1.61Mavg 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 $1.09M, which is where my estimate comes from.

Per square foot, these ask about $920/sqft; this home lists at $488/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.10MThis home1.55M1.59M1.69MThis home vs active comparables

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.

Tam O'Shanter-Sullivan
$1.17M
St. Andrew-Windfields
$8.80M
Willowdale West
$1.30M
Banbury-Don Mills
$2.12M
Danforth Village-East York
$1.17M

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 · 0.5 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
Msgr Fraser College (Northeast) · Catholic secondary0.5 km
Cresthaven Public School · Public elementary0.6 km · 75% at standard
Zion Heights Middle School · Public elementary0.7 km · 93% at standard
Arbor Glen Public School · Public elementary1.0 km · 98% at standard
Pineway Public School · Public elementary1.1 km · 48% at standard
Hillmount Public School · Public elementary1.2 km · 89% at standard
Crestview Public School · Public elementary1.6 km · 69% at standard
Don Valley Middle School · Public elementary1.6 km · 87% at standard
Our Lady of Guadalupe Catholic School · Catholic elementary1.6 km
Steelesview Public School · Public elementary1.7 km · 85% at standard
Seneca Hill Public School · Public elementary1.7 km · 92% at standard
Divine Mercy Catholic School · Catholic elementary2.0 km · 61% at standard

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

Affordability & Mortgage

Affordability
$5,004/mo
$212KIncome needed
5.2×Price ÷ income
$1,155Weekly cost
$36,870Land 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 $5,004Property tax $540Total carry $5,544

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 September 30, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,857per month

Mortgage amount $878,400 · 4.49% over 25 years

$219,600Down payment (20.0%)
$878,400Loan before insurance
$0CMHC premium
$5,396Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,857
Property tax
$540
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,396

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

One-time closing costs

Ontario land transfer tax
$18,435
Toronto municipal land transfer tax
$18,435
Estimated closing costs
$36,870

Plus your down payment of $219,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,878/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

$578,647Total interest paid
$1,457,047Total of all payments
Principal $878,400 Interest $578,647
YearPrincipalInterestBalance
1$19,602$38,680$858,798
2$20,492$37,790$838,306
3$21,423$36,859$816,883
4$22,395$35,887$794,488
5$23,412$34,870$771,076
6$24,475$33,807$746,601
7$25,586$32,696$721,014
8$26,748$31,534$694,266
9$27,963$30,319$666,304
10$29,232$29,050$637,071
11$30,559$27,722$606,512
12$31,947$26,335$574,565
13$33,397$24,884$541,168
14$34,914$23,368$506,254
15$36,499$21,783$469,755
16$38,156$20,126$431,598
17$39,889$18,393$391,710
18$41,700$16,582$350,010
19$43,593$14,689$306,417
20$45,572$12,709$260,844
21$47,642$10,640$213,202
22$49,805$8,477$163,398
23$52,066$6,216$111,332
24$54,430$3,852$56,901
25$56,901$1,380$0

At the end of your 5-year term

Total paid over the term
$291,409
Principal paid down
$107,324
Interest paid
$184,085
Balance remaining
$771,076

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 15 whole-home leases in Hillcrest Village$4,139/mo
$49,668Gross annual rent
3.3%Cap rate after taxes and upkeep
$3,915 to $4,346Typical rent range

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 15 whole-home leases in Hillcrest Village signed at a median of $3,982 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,139. 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.

4.5%
Gross yield
− Property tax $6,476− Insurance $1,400− Vacancy & upkeep $5,463Net operating income $36,328

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of KELLER WILLIAMS REFERRED URBAN REALTY. MLS®/PropTx.

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