17 Rustywood Drive, Toronto, ON

Parkwoods-Donalda, Toronto · MLS® C13817884

$1,469,000
For Sale
Listed 14 days agoNo offer date stated
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4+1Bedrooms
2Bathrooms
2Garage · 4 parking
1500-2000Sq ft

About this home

In short

  • Welcome to 17 Rustywood Drive, where generous family living meets a private poolside oasis on an exceptional 60 x 100-foot lot, ideally located in the heart of...
  • Lovingly maintained and beautifully cared for, this spacious 4+1 bedroom, 2 bathroom home offers bright, well proportioned interiors, main upgraded solid hardwood...
  • The warm and inviting family room is anchored by a striking updated stone gas fireplace, complemented by beautiful decorative wall moulding and upgraded sliding doors...
  • Then step outside to your fully fenced private poolside oasis, centered around a sparkling saltwater pool with plenty of patio space for outdoor dining, lounging and...
  • Mature trees provide privacy, while dedicated poolside storage offers convenient space for changing and pool essentials.

Welcome to 17 Rustywood Drive, where generous family living meets a private poolside oasis on an exceptional 60 x 100-foot lot, ideally located in the heart of Toronto's sought-after Parkwoods-Donalda neighbourhood. Lovingly maintained and beautifully cared for, this spacious 4+1 bedroom, 2 bathroom home offers bright, well proportioned interiors, main upgraded solid hardwood floors and plenty of room for everyday living and entertaining. A spacious tiled foyer leads to an oversized living room filled with natural light and an adjoining dining room with plenty of space for memorable gatherings. The warm and inviting family room is anchored by a striking updated stone gas fireplace, complemented by beautiful decorative wall moulding and upgraded sliding doors that open to the patio and pool. The bright eat-in kitchen offers abundant cabinetry, a dishwasher and space for casual meals. A convenient two-piece powder room completes the main floor. Upstairs, four generously sized bedrooms, each with its own closet, offer plenty of room to grow, work and study. The lower level adds even more flexibility with an additional bedroom, recreation space, a large laundry room with workshop potential and exceptional storage. Then step outside to your fully fenced private poolside oasis, centered around a sparkling saltwater pool with plenty of patio space for outdoor dining, lounging and entertaining. Mature trees provide privacy, while dedicated poolside storage offers convenient space for changing and pool essentials. It's the kind of backyard that turns everyday moments into little getaways. With a double-car garage, large private drive and an established, family-friendly neighbourhood close to parks, ravines, top-rated schools, shopping and everyday conveniences, plus easy access to the DVP, 401, downtown and just minutes from Shops at Don Mills, 17 Rustywood is a home with the space to grow, the setting to gather and a backyard made to enjoy.

Key facts

Property type
Detached, 2-Storey
MLS®
C13817884
Bedrooms
4+1 (5 total)
Bathrooms
2 (1 half)
Size
1500-2000 sq ft
Lot
60 × 100 ft
Cross streets
Lawrence / Underhill
Parking
2 garage · 4 parking (attached)
Basement
Finished
Heating
Baseboard
A/C
Window Unit(s)
Exterior
Brick, Aluminum Siding
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Salt
Property tax
$7,247 / 2025
Days on market
14
Listing brokerage
EXP REALTY

Rooms

KitchenMain4.31 × 6.70 m

b/i dishwasher · laminate · overlooks backyard

Family RoomMain5.13 × 4.03 m

hardwood floor · stone fireplace · sliding doors

LaundryLower5.81 × 3.67 m

Combined w/Workshop

Bedroom 3Second3.54 × 2.92 m

Large Closet

Dining RoomMain2.80 × 3.36 m

hardwood floor · large window · overlooks backyard

Powder RoomMain1.05 × 1.90 m

2 Pc Bath

Bedroom 2Second3.82 × 3.34 m

Large Closet

Bedroom 4Second3.52 × 3.21 m

Large Closet

Living RoomMain5.97 × 3.60 m

hardwood floor · large window · overlooks frontyard

RecreationLower9.36 × 3.37 m
Bedroom 5Lower3.46 × 3.67 m

Laminate

Primary BedroomSecond4.54 × 3.50 m

Large Closet

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.44Mlikely sale price

Listed at $1,469,000. Going by how homes in Parkwoods-Donalda and the wider GTA have actually closed against their asking prices (about 98%, 11 local closings in 90 days), the likely sale price is near $1.44M, if it sells. A realistic range is $1.34M to $1.62M.

Independent value check: $1.25M. Without looking at the asking price, our model values the home itself about 15% below the ask (homes like it typically land between $1.17M and $1.31M).

Why $1.25M. The typical detached home sold in Parkwoods-Donalda over the past year went for about $1.30M (70 sales). What sets this one apart:

  • ▼ Lowers it slightly4+1 bedrooms and 2 baths, against 4+1 and 3 typically.
  • ▲ Raises it slightly2 garage and 4 total parking spaces, against 1 and 5 typically.
List price
$1.34MBelow recent closings$1.62MAbove recent closings

Total price vs nearby homes. Likely closing about $1.44M, from 11 recent closings in this pocket.

The market behind the math:

11sold nearby · 90 days
$1.30Mmedian sold price
97%of asking, on average
+1%prices vs a year ago
~25 dayshomes like this take to sell
14days on market so far
$4,690/moest. rent · 30 leases
3.8%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.5 months of inventory: 9 detached homes for sale in the area against 11 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 $839/sqft against an area asking average of $817/sqft.

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 11 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.21M. Condition and finishes remain an in-person call.

What the listing highlights4 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
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

Priced above comparable homes overall, but the price per square foot ($839/sqft) is in line with the area, so you are paying for extra space rather than a premium.

There were not many closely comparable homes right in Parkwoods-Donalda, so I widened the search to the surrounding area.

Based on 11 comparable homes that sold in Parkwoods-Donalda over the past two years, from 135 closings there.

What sellers nearby are askingCurrently listed nearby in Parkwoods-Donalda · asking prices
$1.44Mavg 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 $1.25M, which is where my estimate comes from.

Per square foot, these ask about $899/sqft; this home lists at $839/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.47MThis home1.30M1.35M1.57M1.40M1.57MThis 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 7,353 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$1.20M671

Neighbourhood & location

Parkwoods-Donalda, 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.

Wexford-Maryvale
$985K
Don Valley Village
$1.25M
St. Andrew-Windfields
$4.15M
East York
$1.19M
Oakwood Village
$1.88M

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 Ranchdale Public School
67%
Ranchdale Public SchoolPublic · Elementary · 0.3 km awayBelow the GTA average · 67% meet the provincial standard
Parkview Alternative SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Senator O'Connor College School · Catholic secondary0.3 km · 76% at standard
Victoria Park Collegiate Institute · Public secondary0.5 km · 68% at standard
Broadlands Public School · Public elementary0.7 km · 68% at standard
Cassandra Public School · Public elementary0.9 km · 59% at standard
Maryvale Public School · Public elementary1.0 km · 52% at standard
St Kevin Catholic School · Catholic elementary1.1 km · 69% at standard
St Catherine Catholic School · Catholic elementary1.1 km · 57% at standard
St Isaac Jogues Catholic School · Catholic elementary1.2 km · 79% at standard
Wexford Collegiate School for the Arts · Public secondary1.2 km · 44% at standard
Our Lady of Wisdom Catholic School · Catholic elementary1.4 km · 79% at standard
Roywood Public School · Public elementary1.4 km · 77% at standard
Three Valleys Public School · Public elementary1.5 km · 71% at standard

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

Affordability & Mortgage

Affordability
$6,695/mo
$277KIncome needed
5.3×Price ÷ income
$1,545Weekly cost
$51,710Land 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 $6,695Property tax $604Total carry $7,299

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 7, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,498per month

Mortgage amount $1,175,200 · 4.49% over 25 years

$293,800Down payment (20.0%)
$1,175,200Loan before insurance
$0CMHC premium
$7,102Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,498
Property tax
$604
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,102

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

One-time closing costs

Ontario land transfer tax
$25,855
Toronto municipal land transfer tax
$25,855
Estimated closing costs
$51,710

Plus your down payment of $293,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$7,865/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

$774,165Total interest paid
$1,949,365Total of all payments
Principal $1,175,200 Interest $774,165
YearPrincipalInterestBalance
1$26,225$51,749$1,148,975
2$27,416$50,558$1,121,558
3$28,661$49,314$1,092,897
4$29,962$48,012$1,062,935
5$31,323$46,652$1,031,612
6$32,745$45,230$998,867
7$34,232$43,743$964,636
8$35,786$42,189$928,850
9$37,411$40,564$891,439
10$39,109$38,865$852,330
11$40,885$37,090$811,445
12$42,741$35,233$768,703
13$44,682$33,293$724,021
14$46,711$31,264$677,310
15$48,832$29,143$628,479
16$51,049$26,926$577,430
17$53,367$24,608$524,063
18$55,790$22,185$468,274
19$58,323$19,652$409,951
20$60,971$17,004$348,980
21$63,739$14,235$285,241
22$66,633$11,341$218,608
23$69,659$8,316$148,949
24$72,821$5,153$76,128
25$76,128$1,847$0

At the end of your 5-year term

Total paid over the term
$389,873
Principal paid down
$143,588
Interest paid
$246,285
Balance remaining
$1,031,612

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 30 whole-home leases in Parkwoods-Donalda$4,690/mo
$56,280Gross annual rent
2.8%Cap rate after taxes and upkeep
$4,285 to $5,213Typical rent range
~38 daysTo find a tenant, on average

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 30 whole-home leases in Parkwoods-Donalda signed at a median of $4,452 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,690. 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.

3.8%
Gross yield
− Property tax $7,247− Insurance $1,400− Vacancy & upkeep $6,191Net operating income $41,442

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

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