123 Francine Drive, Toronto, ON
Hillcrest Village, Toronto · MLS® C13765468
About this home
In short
- Welcome to 123 Francine Drive - a bright, freshly painted 3+1 bedroom bungalow set on a premium 59 x 171 ft ravine lot in sought-after Hillcrest Village.
- The main level features hardwood floors throughout, an oversized eat-in kitchen with a skylight, and a sunken living room where a large picture window frames tranquil...
- The primary bedroom overlooks the ravine and offers a generous ensuite with a glass shower and separate soaker tub, while two additional well-sized bedrooms complete...
- The fully finished walk-out basement delivers outstanding versatility, with a large recreation room and bar, a separate games/pool-table room, a workshop, a second...
Welcome to 123 Francine Drive - a bright, freshly painted 3+1 bedroom bungalow set on a premium 59 x 171 ft ravine lot in sought-after Hillcrest Village. The main level features hardwood floors throughout, an oversized eat-in kitchen with a skylight, and a sunken living room where a large picture window frames tranquil ravine views and opens to an expansive deck finished with brand-new wood tiles. A spacious main-floor den makes an ideal home office or study. The primary bedroom overlooks the ravine and offers a generous ensuite with a glass shower and separate soaker tub, while two additional well-sized bedrooms complete the main floor.The fully finished walk-out basement delivers outstanding versatility, with a large recreation room and bar, a separate games/pool-table room, a workshop, a second living area, a laundry room, and an additional bedroom. With its own private walk-out entrance, the lower level is perfect for multigenerational living and offers excellent potential for a future income suite.Backing directly onto the scenic Duncan Creek Trail and surrounded by mature trees, this home enjoys exceptional privacy in a peaceful natural setting. Conveniently located near Cliffwood P.S., Highland M.S., A.Y. Jackson S.S., TTC, parks, shopping, and everyday amenities, and directly across from the Canadian Memorial Chiropractic College (CMCC), this is a rare opportunity for families and investors alike.
Key facts
- Property type
- Detached, Bungalow-Raised
- MLS®
- C13765468
- Bedrooms
- 4+1 (5 total)
- Bathrooms
- 3 (1 half)
- Size
- 1500-2000 sq ft
- Lot
- 59.42 × 171 ft
- Cross streets
- Leslie / Steeles
- Parking
- 2 garage · 6 parking (attached)
- Driveway
- Private
- Basement
- Finished with Walk-Out, Walk-Out, Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Brick
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $9,999 / 2025
- Days on market
- 19
- Listing brokerage
- RE/MAX REALTRON REALTY INC.
Rooms
Listed at $1,590,000. 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 $1.54M, if it sells. A realistic range is $1.44M to $1.73M.
Independent value check: $1.59M. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $1.49M and $1.67M).
Why $1.59M. 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 it stronglyIts tax bill, which follows the city's own assessment, is $9,999 a year; the typical home sold here pays about $6,900.
- ▲ Raises itThe listing describes it as fully renovated or newly built.
Total price vs nearby homes. Likely closing about $1.54M, from 8 recent closings in this pocket.
The market behind the math:
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.
Price per square foot: this home lists at $909/sqft against an area asking average of $766/sqft.
- Walk-out basement apartment features. A finished 1 bed walk-out basement apartment. A self-contained space for extended family, guests or potential income. Basements do rent in Hillcrest Village: 24 of the 79 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.
- Ravine / green setting. This home is described as backing onto a ravine or green setting. The ravine backing is priced into the comparison. How much it is really worth depends on whether the house sits on table land with the slope well behind it, or drops away right behind it, and that part is my in-person call.
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 $1.44M. Condition and finishes remain an in-person call.
What the listing highlights4 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Walk-out basement: natural light and strong in-law or income potential. Income potential
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Hardwood floors: quality hardwood is durable and broadly desirable. 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.
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 $1.59M, which is where my estimate comes from.
Per square foot, these ask about $895/sqft; this home lists at $909/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 7 active listings nearby.
See all comparable homesNeighbourhood & location
Hillcrest Village, 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 4.34% via Ratehub.ca (as of September 30, 2026); conventional rates run a little higher.
Mortgage amount $1,272,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,033
- Property tax
- $833
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,866
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $28,275
- Toronto municipal land transfer tax
- $28,275
- Estimated closing costs
- $56,550
Plus your down payment of $318,000. 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
- $421,986
- Principal paid down
- $155,415
- Interest paid
- $266,571
- Balance remaining
- $1,116,585
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
The suite is real income here: basements rent in Hillcrest Village (24 of 79 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 numbersThe last 9 whole-home leases in Hillcrest Village signed at a median of $3,939 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,112. 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.