34 Rustywood Drive, Toronto, ON
Parkwoods-Donalda, Toronto · MLS® C13777512
About this home
In short
- A charming two-storey detached home, nestled on a prime spot of the court on one of the most sought-after pockets of Rustywood Dr, where kids can play safely and a...
- Set on a rare pie-shaped 11,140 sq ft lot, with fully fenced backyard offering privacy and greenery in the heart of the city, surrounded by all the amenities...
- Lovingly improved by the owners w/major renovations & updates, including fully renovated kitchen (2023), totally renovated basement (2026), fully renovated 7-piece...
- The finished basement with a bedroom, 3 Pc ensuite Bath, a dry bar, and living space, ideal for teenagers or guests.
- Walk to the community centre, parks, ravines, and nature trails.
A charming two-storey detached home, nestled on a prime spot of the court on one of the most sought-after pockets of Rustywood Dr, where kids can play safely and a true sense of community is felt. Set on a rare pie-shaped 11,140 sq ft lot, with fully fenced backyard offering privacy and greenery in the heart of the city, surrounded by all the amenities, schools, & public transit. Lovingly improved by the owners w/major renovations & updates, including fully renovated kitchen (2023), totally renovated basement (2026), fully renovated 7-piece second-floor bathroom, two additional bathrooms w/replaced toilets (2023), electrical panel upgrade(2020), newer AC & washer, dryer, newer light fixtures & potlights throughout, newer kitchen appliances, and exterior improvements such as fencing, gutters, and drainage. Upon arrival, you'll enjoy a spacious L-shaped living/dining room, with large windows & picturesque views of the court & backyard that change gracefully through the seasons.The family room walks out to the backyard, perfect for everyday living and summer evenings.The kitchen w/ breakfast area overlooks the garden, making simple mornings feel calm. The front porch is a great place to sit with your coffee and unwind after a long day. The primary bedroom offers a sitting area, W/I closet and 2 Pc Ensuite. The finished basement with a bedroom, 3 Pc ensuite Bath, a dry bar, and living space, ideal for teenagers or guests. Surrounded by excellent options for every stage of family life, including public, Catholic, French immersion, and private schools from elementary to high school. Walk to the community centre, parks, ravines, and nature trails. Grocery stores, TTC, and a direct bus from Underhill to downtown make daily life easy, while Shops at Don Mills, other plazas, and quick access to DVP/404/401 keep everything within reach. This is a home where everyday life feels a little more peaceful, a little more connected, and where a family can truly settle in and grow.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C13777512
- Bedrooms
- 3+1 (4 total)
- Bathrooms
- 4 (2 half)
- Size
- 2000-2500 sq ft
- Lot
- 54.08 × 130 ft
- Cross streets
- Lawrence/Underhill
- Parking
- 2 garage · 4 parking (attached)
- Driveway
- Private Double
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Aluminum Siding
- Foundation
- Poured Concrete
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $7,619 / 2026
- Listing brokerage
- HOMES WITH SOPHIA REALTY INC.
Rooms
w/o to garden · pot lights · hardwood floor
renovated · 3 pc ensuite · pot lights
walk-in closet(s) · 2 pc ensuite · south view
renovated · stainless steel appl · track lighting
pot lights · hardwood floor · overlooks frontyard
double closet · south view · broadloom
laundry sink · b/i shelves · laminate
pot lights · hardwood floor · overlooks backyard
renovated · dry bar · pot lights
combined w/kitchen · overlooks backyard · track lighting
closet · overlooks backyard · broadloom
Listed at $1,545,000 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $1.56M, typically $1.37M to $1.67M. Comparable closings on their own put this home around $1.61M, which agrees with the ask, so this is a firm read.
Second read, from the city assessment: $1.50M. 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.
Total price vs nearby homes. Fair value about $1.56M, median of 42 comparables.
The market behind the math:
About 1.2 months of inventory: 5 detached homes for sale in the area against 13 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $687/sqft against an area asking average of $923/sqft. Size and $/sqft both feed the estimate above.
How this estimate is builtthe short version
I take the 42 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 $1.50M, a close match.
What the listing highlights5 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
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit
The assigned public school is Ranchdale 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 Parkwoods-Donalda, so I widened the search to the surrounding area.
Based on 42 comparable homes that sold in Parkwoods-Donalda over the past two years, from 134 closings there.
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 $1.61M, which is where my estimate comes from.
Per square foot, these ask about $924/sqft; this home lists at $687/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesNeighbourhood & location
Parkwoods-Donalda, 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 4.09% via Ratehub.ca (as of September 11, 2026); conventional rates run a little higher.
Mortgage amount $1,236,000 · 4.24% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,663
- Property tax
- $635
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,298
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $27,375
- Toronto municipal land transfer tax
- $27,375
- Estimated closing costs
- $54,750
Plus your down payment of $309,000. 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
- $399,805
- Principal paid down
- $155,560
- Interest paid
- $244,245
- Balance remaining
- $1,080,440
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
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 17 whole-home leases in Parkwoods-Donalda signed at a median of $4,948 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,101. 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 HOMES WITH SOPHIA REALTY INC.. MLS®/PropTx.