38 Cavotti Crescent, Toronto, ON

Bathurst Manor, Toronto · MLS® C13815340

$1,650,000
For Sale
Listed 27 days agoNo offer date stated
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5+5Bedrooms
6Bathrooms
2Garage · 6 parking
1500-2000Sq ft

About this home

In short

  • LOCATION! Excellent opportunity to purchase in a highly desirable pocket of Bathurst Manor.
  • Situated on a spacious 51 x 120 ft lot, this beautifully renovated and thoughtfully designed detached home offers an exceptionally functional and flexible layout with...
  • With ample parking, a premium-sized lot and a highly functional layout, this property offers a rare combination of style, space, versatility and investment...
  • A rare opportunity to acquire a beautifully renovated and exceptionally versatile property in one of North York's established and sought-after communities.

**LOCATION! LOCATION! LOCATION!** Excellent opportunity to purchase in a highly desirable pocket of **Bathurst Manor**. Situated on a spacious **51 x 120 ft lot**, this beautifully renovated and thoughtfully designed detached home offers an exceptionally functional and flexible layout with multiple separate living areas and endless possibilities for present and future use.Bright, spacious and beautifully finished throughout, the home features **generously sized bedrooms, inviting living spaces, modern finishes and an abundance of natural light**. The well-designed layout maximizes both space and functionality, making it ideal for investors, extended families, multi-generational living, or buyers looking to combine personal use with income potentialThe existing configuration provides several private living spaces with separate kitchens, bathrooms and living areas, creating tremendous flexibility for a variety of living arrangements and income potential. With ample parking, a premium-sized lot and a highly functional layout, this property offers a rare combination of **style, space, versatility and investment potential**.Conveniently located close to **schools, parks, TTC, shopping, . A rare opportunity to acquire a beautifully renovated and exceptionally versatile property in one of North York's established and sought-after communities.

Key facts

Property type
Detached, Bungalow
MLS®
C13815340
Bedrooms
5+5 (10 total)
Bathrooms
6
Size
1500-2000 sq ft
Lot
51.54 × 120 ft
Cross streets
Dufferin and Finch
Parking
2 garage · 6 parking (built-in)
Basement
Apartment
Kitchens
6 (2 + 4)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Other
Property tax
$8,250 / 2025
Days on market
27
Listing brokerage
RE/MAX HALLMARK REALTY LTD.
Our TakeTeam Asgarian · Broker
A small discount is typical
$1.59Mlikely sale price

Listed at $1,650,000. Going by how homes in Bathurst Manor and the wider GTA have actually closed against their asking prices (about 97%, 9 local closings in 90 days), the likely sale price is near $1.59M, if it sells. A realistic range is $1.49M to $1.80M.

Independent value check: $1.62M. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $1.52M and $1.70M).

Why $1.62M. The typical detached home sold in Bathurst Manor over the past year went for about $1.30M (58 sales). What sets this one apart:

  • ▲ Raises itIts tax bill, which follows the city's own assessment, is $8,250 a year; the typical home sold here pays about $6,700.
  • ▲ Raises it5+5 bedrooms and 6 baths, against 3+2 and 3 typically.
  • ▲ Raises itIt is 1,500 to 2,000 sq ft; the typical home sold here is 1,100 to 1,500.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
List price
$1.49MBelow recent closings$1.80MAbove recent closings

Total price vs nearby homes. Likely closing about $1.59M, from 9 recent closings in this pocket.

The market behind the math:

9sold nearby · 90 days
$1.13Mmedian sold price
93%of asking, on average
−26%prices vs a year ago
~18 dayshomes like this take to sell
27days on market so far
$5,078/moest. rent · 29 leases
3.7%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 7.3 months of inventory: 22 detached homes for sale in the area against 9 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 $943/sqft against an area asking average of $863/sqft.

  • basement apartment features. A finished 5 bed basement apartment with a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Bathurst Manor: 37 of the 113 detached leases here lately were basement units, around $1,850 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.
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 9 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.52M. 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

Its public catchment (William Lyon Mackenzie Collegiate Institute) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in Bathurst Manor, so I widened the search to the surrounding area.

Based on 9 comparable homes that sold in Bathurst Manor over the past two years, from 108 closings there.

What sellers nearby are askingCurrently listed nearby in Bathurst Manor · asking prices
$1.94Mavg 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 $1.62M, which is where my estimate comes from.

Per square foot, these ask about $763/sqft; this home lists at $943/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.65MThis home2.55M1.67M1.49M2.00M2.00MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Toronto: $1.20M in September 2026, down 1% from a year ago, on 7,360 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$1.25M739
November 2025$1.21M596
December 2025$1.14M384
January 2026$1.20M285
February 2026$1.23M453
March 2026$1.34M580
April 2026$1.31M776
May 2026$1.30M861
June 2026$1.25M772
July 2026$1.17M684
August 2026$1.19M552
September 2026$1.20M678

Neighbourhood & location

Bathurst Manor, 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
$2.19M
Banbury-Don Mills
$5.50M
Leaside
$2.15M
Steeles
$1.20M
Wexford-Maryvale
$849K

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 Wilmington Elementary School
67%
Wilmington Elementary SchoolPublic · Elementary · 0.4 km awayBelow the GTA average · 67% meet the provincial standard
Charles H Best Junior Middle SchoolEQAO results not published
Also nearby: 5 more schools within 2.5 km
Charles H Best Junior and Middle School · Public elementary0.4 km · 49% at standard
Northview Heights Secondary School · Public secondary1.6 km · 72% at standard
Dublin Heights Elementary and Middle School · Public elementary2.0 km · 68% at standard
Yorkview Public School · Public elementary2.2 km · 52% at standard
Rockford Public School · Public elementary2.5 km · 54% at standard

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

Affordability & Mortgage

Affordability
$7,520/mo
$312KIncome needed
5.3×Price ÷ income
$1,735Weekly cost
$58,950Land 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.

92%mortgage
Mortgage $7,520Property tax $688Total carry $8,208

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%
$
%

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

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$7,299per month

Mortgage amount $1,320,000 · 4.49% over 25 years

$330,000Down payment (20.0%)
$1,320,000Loan before insurance
$0CMHC premium
$7,986Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,299
Property tax
$688
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,986

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

One-time closing costs

Ontario land transfer tax
$29,475
Toronto municipal land transfer tax
$29,475
Estimated closing costs
$58,950

Plus your down payment of $330,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$8,834/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

$869,552Total interest paid
$2,189,552Total of all payments
Principal $1,320,000 Interest $869,552
YearPrincipalInterestBalance
1$29,457$58,125$1,290,543
2$30,794$56,788$1,259,749
3$32,192$55,390$1,227,557
4$33,654$53,928$1,193,902
5$35,182$52,400$1,158,720
6$36,780$50,803$1,121,941
7$38,449$49,133$1,083,491
8$40,195$47,387$1,043,296
9$42,020$45,562$1,001,276
10$43,928$43,654$957,348
11$45,923$41,659$911,425
12$48,008$39,574$863,417
13$50,187$37,395$813,230
14$52,466$35,116$760,764
15$54,848$32,734$705,915
16$57,339$30,243$648,577
17$59,942$27,640$588,635
18$62,664$24,918$525,971
19$65,509$22,073$460,462
20$68,483$19,099$391,979
21$71,593$15,989$320,386
22$74,843$12,739$245,543
23$78,241$9,341$167,302
24$81,794$5,788$85,508
25$85,508$2,074$0

At the end of your 5-year term

Total paid over the term
$437,910
Principal paid down
$161,280
Interest paid
$276,631
Balance remaining
$1,158,720

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 29 whole-home leases in Bathurst Manor$5,078/mo
$60,936Gross annual rent
2.7%Cap rate after taxes and upkeep
$4,568 to $5,404Typical rent range
~20 daysTo find a tenant, on average

The suite is real income here: basements rent in Bathurst Manor (37 of 113 recent detached leases were basement units, around $1,850 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,850 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 numbers

The last 29 whole-home leases in Bathurst Manor signed at a median of $4,073 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,078. 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.

3.7%
Gross yield
− Property tax $8,250− Insurance $1,400− Vacancy & upkeep $6,703Net operating income $44,583

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX HALLMARK REALTY LTD.. MLS®/PropTx.

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