55 Rayoak Drive, Toronto, ON
Parkwoods-Donalda, Toronto · MLS® C13817716
About this home
In short
- Welcome To 55 Rayoak Drive.
- Enjoy Great Curb Appeal, Beautifully Landscaped Yards And A Long Private Driveway With Parking For Up To 4 Cars, Plus An Attached Single-Car Garage.
- The Finished Basement, Complete With A Separate Entrance, Additional Bedroom, Large Recreation Room, Second Kitchen And 3-Piece Bathroom, Offers Excellent Flexibility...
- Recent Updates Include A Brand-New Hot Water Tank And A Roof Approximately 5 Years Old.
- A Rare Combination Of A Large Lot, Generous Parking (With A Garage), Finished Basement, Beautiful Gardens And A Convenient Location, 55 Rayoak Drive Offers The Space...
Welcome To 55 Rayoak Drive! In The Heart Of An Established And Family-Friendly Neighbourhood, Parkwoods Donalda. This Charming 3+1 Bedroom, 2-Bathroom Semi-Detached Bungalow Offers One Of The Largest Lots In The Area And An Exceptional Opportunity For First-Time Buyers, Families, And Investors Alike. Enjoy Great Curb Appeal, Beautifully Landscaped Yards And A Long Private Driveway With Parking For Up To 4 Cars, Plus An Attached Single-Car Garage. The Expansive Backyard Is A Gardener's Dream, Offering Plenty Of Space To Plant, Entertain, Play And Enjoy The Outdoors. Inside, The Main Floor Features A Functional Layout With 3 Bedrooms, A 4-Piece Bathroom And A Kitchen Updated In 2019. The Combined Living And Dining Area Is Also Perfect for Entertaining. The Finished Basement, Complete With A Separate Entrance, Additional Bedroom, Large Recreation Room, Second Kitchen And 3-Piece Bathroom, Offers Excellent Flexibility For Extended Family, Guests Or Additional Income Potential. Recent Updates Include A Brand-New Hot Water Tank And A Roof Approximately 5 Years Old. Located On An Easy To Access Street With No Sidewalk Directly In Front Of The Home And A Convenient Pedestrian Crosswalk, This Home Is Close To Schools, Parks, Shopping And Everyday Amenities. Enjoy Easy Access To Transit, Highway 401 And The DVP, As Well As Local Favourites Including Johnny's Hamburgers And Donalda Golf Club. Nearby Parks, Shops And Community Amenities Add To The Convenience Of This Fantastic Location. A Rare Combination Of A Large Lot, Generous Parking (With A Garage), Finished Basement, Beautiful Gardens And A Convenient Location, 55 Rayoak Drive Offers The Space, Flexibility And Potential You've Been Looking For!
Key facts
- Property type
- Semi-Detached, Bungalow
- MLS®
- C13817716
- Bedrooms
- 3+1 (4 total)
- Bathrooms
- 2
- Size
- 1100-1500 sq ft
- Lot
- 37.54 × 112.89 ft
- Cross streets
- York Mills Rd & Victoria Park Ave
- Parking
- 1 garage · 4 parking (attached)
- Driveway
- Tandem
- Basement
- Apartment, Finished, Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete Block
- Roof
- Asphalt Rolled, Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $4,872 / 2026
- Days on market
- 14
- Listing brokerage
- REAL BROKER ONTARIO LTD.
Rooms
hardwood floor · closet
Hardwood Floor
Eat-in Kitchen
Hardwood Floor
hardwood floor · closet
hardwood floor · closet
Listed at $880,000, about 4% below our estimate of $920K (homes like it typically land between $862K and $964K).
Why $920K. The typical semi-detached home sold in Parkwoods-Donalda over the past year went for about $864K (38 sales). What sets this one apart:
- ▲ Raises itThe listing describes it as fully renovated or newly built.
Total price vs nearby homes. Fair value about $920K, learned from recent GTA sales.
The market behind the math:
Price per square foot: this home lists at $677/sqft against an area asking average of $670/sqft.
- Separate-entrance basement apartment features. A finished 1 bed basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Parkwoods-Donalda: 18 of the 65 detached leases here lately were basement units, around $1,900 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 68 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $890K. Condition and finishes remain an in-person call.
What the listing highlights5 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. 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 Roywood 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 68 comparable homes that sold in Parkwoods-Donalda over the past two years, from 83 closings there.
For sale
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For saleNothing closely matching this home is listed nearby right now, so these are the nearest semi-detached listings on the market. Homes like this one have recently closed around $920K, which is where my estimate comes from.
Per square foot, these ask about $674/sqft; this home lists at $677/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesSold price trend
Median sold price for semi-detached homes in Toronto: $1.11M in September 2026, up 2% from a year ago, on 2,409 closings in 12 months.
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
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.08M | 252 |
| November 2025 | $1.03M | 207 |
| December 2025 | $967K | 117 |
| January 2026 | $997K | 100 |
| February 2026 | $1.09M | 151 |
| March 2026 | $1.18M | 180 |
| April 2026 | $1.18M | 242 |
| May 2026 | $1.18M | 283 |
| June 2026 | $1.21M | 262 |
| July 2026 | $999K | 237 |
| August 2026 | $970K | 166 |
| September 2026 | $1.11M | 212 |
Neighbourhood & 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
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 7, 2026); conventional rates run a little higher.
Mortgage amount $704,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,893
- Property tax
- $406
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,299
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $14,075
- Toronto municipal land transfer tax
- $14,075
- Estimated closing costs
- $28,150
Plus your down payment of $176,000. 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
- $233,552
- Principal paid down
- $86,016
- Interest paid
- $147,536
- Balance remaining
- $617,984
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 Parkwoods-Donalda (18 of 65 recent detached leases were basement units, around $1,900 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,900 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 28 whole-home leases in Parkwoods-Donalda signed at a median of $3,616 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,694. 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 REAL BROKER ONTARIO LTD.. MLS®/PropTx.