32-13 Burnt Meadoway, Toronto, ON

Hillcrest Village, Toronto · MLS® C13825058

$677,777
For Sale
Listed 25 days agoNo offer date stated
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3Bedrooms
2Bathrooms
1Garage · 2 parking
1200-1399Sq ft

About this home

In short

  • An amazing value option to get into Hillcrest Village.
  • Which brings me to the top 7 reasons to buy this home: 1.
  • Move-in-ready condition with trendy light paint colours throughout, upgraded s/s fridge and rangehood, and real hardwood flooring on main and 2nd floor, including stairs.
  • 11 by 18 ft family room, and all large bedrooms plus walk-in closet off of master.
  • Finished basement with powder room, Rec room, laundry, and plenty of storage.

Finally! An amazing value option to get into Hillcrest Village! Which brings me to the top 7 reasons to buy this home: 1. Move-in-ready condition with trendy light paint colours throughout, upgraded s/s fridge and rangehood, and real hardwood flooring on main and 2nd floor, including stairs. 2. Generously sized rooms you don't see anymore e.g. 11 by 18 ft family room, and all large bedrooms plus walk-in closet off of master. 3. Cute little fenced-in backyard provides just enough patio space and grass but remains low maintenance and private. 4. Finished basement with powder room, Rec room, laundry, and plenty of storage. 5. Private garage and driveway for 2 total parking spots and plenty of visitor parking across the street 6. Condo means private street/community that is quieter and safer, featuring a private playground. 7. Saved the best for last, Location! Amazing schools like Arbor Glen and Highland Middle school. A Y Jackson Secondary school is ranked 96th percentile in all of Ontario... these are the fundamentals that make for a great neighbourhood. Also super close to 404/407/401, YRT, and TTC is huge! Minutes from all the shopping, grocery and restaurants amenities you need! Book your showing today for the best value in Hillcrest Village!

Key facts

Property type
Condo Townhouse, 2-Storey
MLS®
C13825058
Bedrooms
3
Bathrooms
2 (1 half)
Size
1200-1399 sq ft
Cross streets
Steeles Ave E and Townsend Rd
Parking
1 garage · 2 parking (attached)
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Brick Front
Maintenance
$617/mo
Exposure
North
Property tax
$3,360 / 2026
Days on market
25
Listing brokerage
SUTTON GROUP QUANTUM REALTY INC.

Rooms

Utility RoomBasement2.15 × 2.65 m
Dining RoomMain2.74 × 3.98 m
KitchenMain2.64 × 3.87 m
Living RoomMain3.35 × 5.49 m
RecreationBasement3.59 × 2.58 m
Bedroom 2Second3.98 × 2.81 m
Bedroom 3Second2.92 × 2.92 m
Primary BedroomSecond3.42 × 3.84 m
Our TakeTeam Asgarian · Broker
A small discount is typical
$660Klikely sale price

Listed at $677,777. Going by how homes in Hillcrest Village and the wider GTA have actually closed against their asking prices (about 97%, 17 local closings in 90 days), the likely sale price is near $660K, if it sells. A realistic range is $622K to $714K.

Independent value check: $678K. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $631K and $713K).

Why $678K. The typical townhouse sold in Hillcrest Village over the past year went for about $732K (40 sales). What sets this one apart:

  • ▼ Lowers itIt is 1,200 to 1,399 sq ft; the typical home sold here is 1,300 to 1,499.
List price
$622KBelow recent closings$714KAbove recent closings

Total price vs nearby homes. Likely closing about $660K, from 17 recent closings in this pocket.

The market behind the math:

17sold nearby · 90 days
$658Kmedian sold price
97%of asking, on average
−9%prices vs a year ago
~25 dayshomes like this take to sell
25days on market so far
$2,970/moest. rent · 13 leases
5.3%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.1 months of inventory: 6 condo townhouse homes for sale in the area against 17 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 $522/sqft against an area asking average of $490/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 and this building.

It never sees the asking price. The 17 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $630K. 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.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit

On schools, this address is zoned for Arbor Glen Public School, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.

Based on 9 homes sold in this building over the past two years, from 81 closings in Hillcrest Village.

Sold price trend

Median sold price for condo townhouses in Toronto: $684K in September 2026, down 3% from a year ago, on 1,425 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$702K150
November 2025$709K130
December 2025$705K63
January 2026$695K77
February 2026$728K104
March 2026$715K121
April 2026$711K147
May 2026$726K131
June 2026$706K132
July 2026$683K156
August 2026$669K116
September 2026$684K98

Neighbourhood & location

Hillcrest Village, 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.

St. Andrew-Windfields
$929K
Dorset Park
$671K
Victoria Village
$754K
Malvern
$646K
Downsview-Roding-CFB
$699K

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 Arbor Glen Public School
98%
Arbor Glen Public SchoolPublic · Elementary · 0.1 km awayAmong the top in the GTA · 98% meet the provincial standard
St. MatthiasEQAO results not published
Also nearby: 12 more schools within 2.5 km
Cliffwood Public School · Public elementary0.6 km · 93% at standard
Msgr Fraser College (Northeast) · Catholic secondary0.7 km
Hillmount Public School · Public elementary1.3 km · 89% at standard
Cresthaven Public School · Public elementary1.6 km · 75% at standard
Zion Heights Middle School · Public elementary1.8 km · 93% at standard
Cherokee Public School · Public elementary1.9 km · 62% at standard
Pineway Public School · Public elementary2.2 km · 48% at standard
Seneca Hill Public School · Public elementary2.2 km · 92% at standard
Sir Ernest MacMillan Senior Public School · Public elementary2.2 km
Our Lady of Guadalupe Catholic School · Catholic elementary2.3 km
St Henry Catholic School · Catholic elementary2.3 km · 88% at standard
Don Valley Middle School · Public elementary2.3 km · 87% at standard

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

Affordability & Mortgage

Affordability
$3,089/mo
$142KIncome needed
4.8×Price ÷ income
$713Weekly cost
$20,061Land 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.

77%mortgage
Mortgage $3,089Property tax $280Condo fee $617Total carry $3,987

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,998per month

Mortgage amount $542,222 · 4.49% over 25 years

$135,555Down payment (20.0%)
$542,222Loan before insurance
$0CMHC premium
$3,895Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,998
Property tax
$280
Condo / maintenance fees
$617
Heating
$0
Estimated monthly cost
$3,895

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

One-time closing costs

Ontario land transfer tax
$10,031
Toronto municipal land transfer tax
$10,031
Estimated closing costs
$20,061

Plus your down payment of $135,555. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,629/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

$357,189Total interest paid
$899,411Total of all payments
Principal $542,222 Interest $357,189
YearPrincipalInterestBalance
1$12,100$23,876$530,122
2$12,649$23,327$517,472
3$13,224$22,753$504,248
4$13,824$22,152$490,424
5$14,452$21,525$475,972
6$15,108$20,868$460,864
7$15,794$20,182$445,070
8$16,511$19,465$428,559
9$17,261$18,716$411,298
10$18,045$17,932$393,254
11$18,864$17,113$374,390
12$19,720$16,256$354,669
13$20,616$15,361$334,054
14$21,552$14,425$312,502
15$22,530$13,446$289,972
16$23,553$12,423$266,418
17$24,623$11,354$241,796
18$25,741$10,236$216,055
19$26,909$9,067$189,146
20$28,131$7,845$161,015
21$29,408$6,568$131,606
22$30,744$5,233$100,863
23$32,140$3,837$68,723
24$33,599$2,378$35,124
25$35,124$852$0

At the end of your 5-year term

Total paid over the term
$179,882
Principal paid down
$66,249
Interest paid
$113,633
Balance remaining
$475,972

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 13 whole-home leases in Hillcrest Village$2,970/mo
$35,640Gross annual rent
3.0%Cap rate after taxes and upkeep
$2,821 to $3,118Typical rent range
~32 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 13 whole-home leases in Hillcrest Village signed at a median of $3,148 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,970. 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.

5.3%
Gross yield
− Property tax $3,360− Condo fees $7,410− Insurance $600− Vacancy & upkeep $3,920Net operating income $20,350

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

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