42 Rykert Crescent, Toronto, ON

Leaside, Toronto · MLS® C13774530

$4,949,000
For Sale
Listed 48 days agoNo offer date stated
5+1Bedrooms
5Bathrooms
2Garage · 6 parking
3000-3500Sq ft

About This Home

In short

  • Welcome to 42 Rykert Crescent, an exceptional opportunity in prestigious South Leaside, set on an extraordinarily rare 40 x 350+ ft. deep ravine lot a remarkable...
  • The heart of the home is the newly renovated, oversized chef's kitchen, featuring two large islands, granite countertops, an expansive pantry, top-of-the-line...
  • Upstairs, the expansive primary retreat features a walk-in closet and luxurious 6-piece ensuite, complemented by four additional bedrooms and beautifully renovated...
  • Outside, enjoy the incredible depth and privacy of this ravine property, along with a rare and exceptional offering for Leaside: a two-car garage and parking for up...
  • A truly rare Leaside offering combining a spectacular ravine lot, substantial family home, extensive renovations and exceptional entertaining space - just minutes...
Read the full description

Welcome to 42 Rykert Crescent, an exceptional opportunity in prestigious South Leaside, set on an extraordinarily rare 40 x 350+ ft. deep ravine lot a remarkable setting - offering privacy, mature trees and a true retreat in the city. This impressive 5-bedroom, 5-bathroom residence offers approximately 3,390 sq. ft. above grade plus 1,648 sq. ft. of finished lower-level space, thoughtfully designed for both everyday family living and large-scale entertaining. The heart of the home is the newly renovated, oversized chef's kitchen, featuring two large islands, granite countertops, an expansive pantry, top-of-the-line appliances and extensive custom cabinetry and built-ins. The generous principal rooms include an elegant dining room, spacious living room with fireplace and built-ins, breakfast area and private main-floor office. Upstairs, the expansive primary retreat features a walk-in closet and luxurious 6-piece ensuite, complemented by four additional bedrooms and beautifully renovated bathrooms. The newly finished lower level extends the living space with a large recreation room with fireplace and built-ins, a gym and additional bedroom. Outside, enjoy the incredible depth and privacy of this ravine property, along with a rare and exceptional offering for Leaside: a two-car garage and parking for up to six vehicles. Additional features include extensive custom built-ins, hardwood flooring, central air and a security system with cameras. A truly rare Leaside offering combining a spectacular ravine lot, substantial family home, extensive renovations and exceptional entertaining space - just minutes from everything that makes Leaside one of Toronto's most sought-after neighborhoods.

Key Facts

Property type
Detached, 2-Storey
MLS®
C13774530
Bedrooms
5+1 (6 total)
Bathrooms
5 (1 half)
Size
3000-3500 sq ft
Lot
40 × 357 ft
Cross streets
Broadway Ave / Rykert Cres
Parking
2 garage · 6 parking (built-in)
Basement
Finished with Walk-Out, Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Other
Roof
Other
Sewer
Sewer
Property tax
$18,109 / 2026
Days on market
48
Listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Rooms

See all 13 rooms, floor by floor
Bedroom 3Second3.57 × 3.20 m

hardwood floor · closet

Dining RoomMain3.56 × 6.04 m

Hardwood Floor

Bedroom 4Second5.58 × 4.13 m

hardwood floor · 4 pc bath

RecreationLower4.83 × 6.94 m

fireplace · built-in speakers

Bedroom 5Second3.54 × 5.98 m

hardwood floor · 3 pc bath

Living RoomMain5.26 × 5.32 m

fireplace · built-in speakers · hardwood floor

OfficeMain3.59 × 3.19 m

Hardwood Floor

Bedroom 2Second3.57 × 3.28 m

hardwood floor · closet

BedroomLower4.34 × 3.68 m
Exercise RoomLower3.88 × 3.02 m
KitchenMain3.59 × 7.87 m

centre island · pantry · hardwood floor

BreakfastMain3.59 × 3.01 m

Hardwood Floor

Primary BedroomSecond5.30 × 5.76 m

walk-in closet(s) · 6 pc ensuite

Our Take

Team Asgarian · Broker
No automatic estimate

This is a rare parcel: about 0.33 acres. Comparable-sales math works on size and bedrooms, and here the lot is what is being sold, so no automatic estimate is shown. Homes on lots this size in Leaside have sold between $2.80M and $6.75M over the last two years (5 sales).

Considering this property? Request a written price read

On schools, this address is zoned for Leaside High 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.

What sellers nearby are asking

For sale in Leaside now · asking prices
$3.98Mavg asking

Every home like this one for sale in Leaside right now, newest listing first. These are asking prices, not sales.

Per square foot, these ask about $1,458/sqft; this home lists at $1,523/sqft. Size is part of the price story, not just the sticker.

The 5 closest in price of 14 for sale in Leaside.

See all comparable homes
4.95MThis home4.50M4.00M3.90M3.90M3.59MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Leaside: $1.28M in September 2026, down 20% from a year ago, on 111 closings in 11 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$2.19M15
November 2025$2.67M9
December 2025$2.98M6
January 2026$2.55M7
March 2026$1.88M6
April 2026$2.40M17
May 2026$2.19M16
June 2026$2.60M8
July 2026$1.83M11
August 2026$2.25M11
September 2026$1.28M5

Thinking of selling near Leaside?

You have just seen what homes around here are asking. We can tell you what yours would sell for, from the closings on your street, free and with no obligation.

Neighbourhood & location

Leaside, 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.

Bridle Path-Sunnybrook-York Mills
$5.09M
Banbury-Don Mills
$2.00M
Bedford Park-Nortown
$3.29M
Lansing-Westgate
$1.89M

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 & catchment

Assigned 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 Northlea Elementary and Middle School
84%
Northlea Elementary and Middle SchoolPublic · Elementary · 0.9 km awayHigher-rated than most nearby · 84% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Park Lane Public School · Public elementary1.2 km
Bessborough Drive Elementary and Middle School · Public elementary1.5 km · 89% at standard
St Bonaventure Catholic School · Catholic elementary1.6 km · 84% at standard
Fraser Mustard Early Learning Academy · Public elementary1.9 km
Thorncliffe Park Public School · Public elementary2.0 km · 33% at standard
Maurice Cody Junior Public School · Public elementary2.1 km · 90% at standard
Rolph Road Elementary School · Public elementary2.2 km · 88% at standard
Sunny View Junior and Senior Public School · Public elementary2.2 km
Valley Park Middle School · Public elementary2.2 km · 51% at standard
Grenoble Public School · Public elementary2.2 km · 37% at standard
Marc Garneau Collegiate Institute · Public secondary2.3 km · 53% at standard
Blythwood Junior Public School · Public elementary2.4 km · 88% at standard

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

Questions About 42 Rykert Crescent

What is the asking price for 42 Rykert Crescent?

It is listed at $4,949,000.

How many bedrooms and bathrooms does 42 Rykert Crescent have?

5+1 bedrooms, and 5 bathrooms (1 of them half baths).

How big is 42 Rykert Crescent?

The listing gives 3000-3500 sq ft of living space, on a 40 × 357 ft lot.

Does 42 Rykert Crescent have parking?

2 garage spaces, 6 parking spaces in all.

What are the property taxes on 42 Rykert Crescent?

$18,109 a year, for 2026.

Is there an offer date for 42 Rykert Crescent?

The listing does not state an offer date.

Which schools is 42 Rykert Crescent zoned for?

By the school boards' attendance boundaries: Northlea Elementary and Middle School, Leaside High School and St. Anselm. Boundaries change, so confirm with the board before relying on it.

When was 42 Rykert Crescent listed?

It came on the market on September 11, 2026.

Who is the listing brokerage for 42 Rykert Crescent?

ROYAL LEPAGE REAL ESTATE SERVICES LTD.. Team Asgarian can book you a private showing and represent you as the buyer: (416) 837-8000.

Affordability & Mortgage

Affordability
$22,556/mo
$906KIncome needed
5.5×Price ÷ income
$5,205Weekly cost
$249,380Land transfer tax, one-time (Ontario + Toronto)
20% down4.79% reference rate25-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.

94%mortgage
Mortgage is 94% of the monthly costMortgage $22,556Property tax $1,509Total carry $24,065
Calculate and customize your mortgage

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.59%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.44% via Ratehub.ca (as of October 30, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$22,112per month

Mortgage amount $3,959,200 · 4.59% over 25 years

$989,800Down payment (20.0%)
$3,959,200Loan before insurance
$0CMHC premium
$23,621Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$22,112
Property tax
$1,509
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$23,621

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

One-time closing costs

Ontario land transfer tax
$110,200
Toronto municipal land transfer tax
$139,180
Estimated closing costs
$249,380

Plus your down payment of $989,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.59%Qualifying rate
$26,736/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

$2,674,289Total interest paid
$6,633,489Total of all payments
Principal $3,959,200 Interest $2,674,289
YearPrincipalInterestBalance
1$87,127$178,213$3,872,073
2$91,172$174,168$3,780,901
3$95,405$169,935$3,685,497
4$99,834$165,506$3,585,663
5$104,469$160,871$3,481,194
6$109,319$156,020$3,371,875
7$114,394$150,945$3,257,480
8$119,705$145,634$3,137,775
9$125,263$140,077$3,012,512
10$131,078$134,261$2,881,434
11$137,164$128,176$2,744,270
12$143,532$121,808$2,600,738
13$150,196$115,144$2,450,542
14$157,169$108,171$2,293,373
15$164,466$100,874$2,128,907
16$172,101$93,238$1,956,806
17$180,091$85,248$1,776,715
18$188,452$76,887$1,588,262
19$197,202$68,138$1,391,061
20$206,357$58,982$1,184,704
21$215,938$49,402$968,766
22$225,963$39,377$742,803
23$236,454$28,886$506,350
24$247,431$17,908$258,919
25$258,919$6,421$0

At the end of your 5-year term

Total paid over the term
$1,326,698
Principal paid down
$478,006
Interest paid
$848,692
Balance remaining
$3,481,194

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.

Book a Consultation

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.

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.. MLS®/PropTx.

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