38 Carnival Court, Toronto, ON

Westminster-Branson, Toronto · MLS® C13776046

$892,000
For Sale
Listed 1 day agoNo offer date stated
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3Bedrooms
4Bathrooms
1Garage · 3 parking
1500-2000Sq ft

About this home

In short

  • Welcome to this beautifully maintained 3-bed, 4-bath home that radiates pride of ownership.
  • Set on a quiet court in desirable Westminster-Branson, this home blends everyday comfort with thoughtful updates, including full roof (2025).
  • The main floor features a spacious living/dining area with large picture windows and a walkout from the living room to a private backyard for morning coffee, alfresco...
  • The primary suite features a private ensuite and excellent closet capacity, while the secondary bedrooms easily accommodate kids, guests, or home office needs.
  • The finished walkout basement extends your living space with flexible zones for a recreation/media room, play area, gym, studio, or guest space with direct access to...

Welcome to this beautifully maintained 3-bed, 4-bath home that radiates pride of ownership. Set on a quiet court in desirable Westminster-Branson, this home blends everyday comfort with thoughtful updates, including full roof (2025).The main floor features a spacious living/dining area with large picture windows and a walkout from the living room to a private backyard for morning coffee, alfresco dinners, and effortless entertaining. Backed by mature trees for privacy, the eat-in kitchen delivers generous cabinetry, excellent prep space, and a practical, family-friendly layout. Upstairs, three well-proportioned bedrooms offer restful retreats. The primary suite features a private ensuite and excellent closet capacity, while the secondary bedrooms easily accommodate kids, guests, or home office needs. Neutral tones and durable finishes make it easy to move in and make it your own. The finished walkout basement extends your living space with flexible zones for a recreation/media room, play area, gym, studio, or guest space with direct access to the backyard for seamless indoor-outdoor living. Outside, enjoy low-maintenance grounds with room to garden, gather, or let kids and pets play. Parking is convenient, and the court setting keeps through-traffic to a minimum. Location, location: steps to TTC, everyday shopping, and restaurants; minutes to G. Ross Lord Park with miles of walking trails, sports fields, and year-round recreation. Quick access to Finch Subway, York University, Bathurst & Steeles amenities, community centres, and major routes simplifies commuting and daily errands.

Key facts

Property type
Detached, 2-Storey
MLS®
C13776046
Bedrooms
3
Bathrooms
4 (2 half)
Size
1500-2000 sq ft
Lot
30.61 × 80.38 ft
Cross streets
Dufferin / Steeles
Parking
1 garage · 3 parking (built-in)
Driveway
Private
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Other
Foundation
Unknown
Roof
Unknown
Sewer
Sewer
Property tax
$5,563 / 2026
Days on market
1
Listing brokerage
FOREST HILL REAL ESTATE INC.

Rooms

Living RoomMain5.71 × 4.61 m

combined w/dining · w/o to garden

Primary BedroomSecond5.71 × 3.96 m

large window · ensuite bath · large closet

Dining RoomMain3.29 × 2.91 m

Combined w/Living

Bedroom 3Second2.42 × 3.58 m

large window · large closet

Bedroom 2Second3.19 × 5.02 m

large window · large closet

KitchenMain3.19 × 3.33 m

tile floor · backsplash · stone counters

Our TakeTeam Asgarian · Broker
Below comparables
$908Kest. value

Listed at $892,000 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $908K, typically $905K to $916K. Comparable closings on their own put this home around $944K, which agrees with the ask, so this is a firm read.

Second read, from the city assessment: $1.03M. 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.

List price
$892KBelow recent closings$916KAbove recent closings

Total price vs nearby homes. Fair value about $908K, median of 5 comparables.

The market behind the math:

6sold nearby · 90 days
$1.47Mmedian sold price
101%of asking, on average
−7%prices vs a year ago
~29 dayshomes like this take to sell
1days on market so far
$3,650/moest. rent · 6 leases
4.9%gross yield on the ask
This home
Below area avgAbove area avg

Price per square foot: this home lists at $510/sqft against an area asking average of $866/sqft. Size and $/sqft both feed the estimate above.

  • Walk-out basement. Extra light, usable space, and income potential, so the estimate is a conservative floor for it.
How this estimate is builtthe short version

I take the 5 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 $1.03M, 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.

  • Walk-out basement: natural light and strong in-law or income potential. Income potential
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Primary suite: a key comfort and resale feature. Lifestyle
Schools & getting aroundcatchment and transit

The assigned public school is Rockford 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 Westminster-Branson, so I widened the search to the surrounding area.

Based on 5 comparable homes that sold in Westminster-Branson over the past two years, from 29 closings there.

What sellers nearby are askingCurrently listed nearby in Westminster-Branson · asking prices
$2.28Mavg 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 $944K, which is where my estimate comes from.

Per square foot, these ask about $719/sqft; this home lists at $510/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
892kThis home975k1.60M1.55M4.99MThis home vs active comparables

Neighbourhood & location

Westminster-Branson, 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.

Willowdale East
$2.37M
Brookhaven-Amesbury
$1.02M
Wexford-Maryvale
$1.70M
Milliken
$888K
Princess-Rosethorn
$3.00M

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 Rockford Public School
54%
Rockford Public SchoolPublic · Elementary · 0.5 km awayBelow the GTA average · 54% meet the provincial standard
Fisherville Senior Public SchoolEQAO results not published
Avondale Secondary Alternative SchoolEQAO results not published
Also nearby: 5 more schools within 2.5 km
North West Secondary Alternative School · Public secondary1.4 km
Northview Heights Secondary School · Public secondary1.9 km · 72% at standard
Pleasant Public School · Public elementary1.9 km · 58% at standard
Wilmington Elementary School · Public elementary2.3 km · 67% at standard
Charles H Best Junior and Middle School · Public elementary2.4 km · 49% at standard

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

Affordability & Mortgage

Affordability
$4,065/mo
$174KIncome needed
5.1×Price ÷ income
$938Weekly cost
$28,630Land 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 $4,065Property tax $464Total carry $4,529

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%
$
%
4.24%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.09% via Ratehub.ca (as of September 11, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,847per month

Mortgage amount $713,600 · 4.24% over 25 years

$178,400Down payment (20.0%)
$713,600Loan before insurance
$0CMHC premium
$4,311Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,847
Property tax
$464
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,311

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

One-time closing costs

Ontario land transfer tax
$14,315
Toronto municipal land transfer tax
$14,315
Estimated closing costs
$28,630

Plus your down payment of $178,400. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.24%Qualifying rate
$4,668/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

$440,529Total interest paid
$1,154,129Total of all payments
Principal $713,600 Interest $440,529
YearPrincipalInterestBalance
1$16,488$29,678$697,112
2$17,194$28,971$679,918
3$17,931$28,234$661,987
4$18,699$27,466$643,288
5$19,500$26,665$623,788
6$20,336$25,829$603,452
7$21,207$24,958$582,245
8$22,116$24,049$560,128
9$23,064$23,101$537,065
10$24,052$22,113$513,013
11$25,083$21,083$487,930
12$26,157$20,008$461,773
13$27,278$18,887$434,494
14$28,447$17,718$406,047
15$29,666$16,499$376,381
16$30,937$15,228$345,444
17$32,263$13,902$313,181
18$33,645$12,520$279,536
19$35,087$11,078$244,449
20$36,590$9,575$207,858
21$38,158$8,007$169,700
22$39,793$6,372$129,906
23$41,499$4,667$88,408
24$43,277$2,888$45,131
25$45,131$1,034$0

At the end of your 5-year term

Total paid over the term
$230,826
Principal paid down
$89,812
Interest paid
$141,014
Balance remaining
$623,788

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 6 whole-home leases in Westminster-Branson$3,650/mo
$43,800Gross annual rent
3.6%Cap rate after taxes and upkeep
$3,358 to $3,942Typical rent range

About the suite: in Westminster-Branson basements rarely rent out (2 of 19 recent detached leases were basement units), so the figure above does not count it as income. Buyers here use a suite as family or nanny space.

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 6 whole-home leases in Westminster-Branson signed at a median of $3,700 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,650. 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.

4.9%
Gross yield
− Property tax $5,563− Insurance $1,400− Vacancy & upkeep $4,818Net operating income $32,019

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of FOREST HILL REAL ESTATE INC.. MLS®/PropTx.

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