20 Paynter Drive, Toronto, ON

Hillcrest Village, Toronto · MLS® C13825806

$2,088,000
For Sale
Listed 25 days agoNo offer date stated
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4+1Bedrooms
6Bathrooms
2Garage · 6 parking
3000-3500Sq ft

About this home

In short

  • Welcome To This Premium Detached Home Backing Onto Ravine, Offering Exceptional Privacy, This 3130 Sqft Residence Showcases A Fully Redesigned Modern Interior With...
  • This Home Features New Luxurious Renovation Throughout, Including Upgraded Flooring, Iron Pickets, Smooth Ceiling, Pot Lights, And Stylish Fixtures.
  • A Chef's Kitchen Impresses With Upgraded Countertops, A Massive Waterfall Center Island With Breakfast Bar, Stainless Steel Appliances, And Abundant Cabinetry.
  • The Cozy Family Room Includes A Custom Accent Wall With Built-In Shelving And Walks Out To A Large Deck With Stairs Leading To The Ravine View Backyard.
  • The Primary Bedroom Boasts A Luxurious 5pc Ensuite Complete With Freestanding Bathtub, Glass Shower, And Double Sinks.

Welcome To This Premium Detached Home Backing Onto Ravine, Offering Exceptional Privacy, This 3130 Sqft Residence Showcases A Fully Redesigned Modern Interior With Top Notch Finishes And A Highly Functional Layout. This Home Features New Luxurious Renovation Throughout, Including Upgraded Flooring, Iron Pickets, Smooth Ceiling, Pot Lights, And Stylish Fixtures. A Chef's Kitchen Impresses With Upgraded Countertops, A Massive Waterfall Center Island With Breakfast Bar, Stainless Steel Appliances, And Abundant Cabinetry. The Separate Living Room Can Serve As An Office Or Additional Bedroom. The Dining Room Is Enhanced By A Bright Skylight. The Cozy Family Room Includes A Custom Accent Wall With Built-In Shelving And Walks Out To A Large Deck With Stairs Leading To The Ravine View Backyard. The Second Floor Offers 4 Spacious Bedrooms, Each Enhanced With Custom Built-In Closets With Organizers And Its Own Bathroom Featuring Modern Vanities And Mirrors, Glass Showers, And Upgraded Shower Heads. The Primary Bedroom Boasts A Luxurious 5pc Ensuite Complete With Freestanding Bathtub, Glass Shower, And Double Sinks. The Finished Walk-Out Basement Includes A Large Recreation Room, Kitchen, And An Additional Bedroom, Ideal For Extended Family Living. Newer Roof. Long Driveway Can Park 4 Cars, Total 6 Cars Including Double Car Garage. Close To Parks, Schools, Shopping, Transit, And Major Highways.

Key facts

Property type
Detached, 2-Storey
MLS®
C13825806
Bedrooms
4+1 (5 total)
Bathrooms
6 (1 half)
Size
3000-3500 sq ft
Lot
46.67 × 138.22 ft
Cross streets
Leslie/Steeles
Parking
2 garage · 6 parking (built-in)
Basement
Finished, Walk-Out
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Unknown
Sewer
Sewer
Property tax
$9,515 / 2026
Days on market
25
Listing brokerage
SUPERSTARS REALTY LTD.

Rooms

Bedroom 4Second0.00 × 0.00 m

3 pc ensuite · b/i closet · large window

Dining RoomGround0.00 × 0.00 m

skylight · large window · open concept

BedroomBasement0.00 × 0.00 m

Window

Living RoomGround0.00 × 0.00 m

pot lights · large window · overlooks frontyard

Family RoomGround0.00 × 0.00 m

pot lights · large window · overlooks ravine

RecreationBasement0.00 × 0.00 m

pot lights · window · combined w/kitchen

Bedroom 3Second0.00 × 0.00 m

3 pc ensuite · b/i closet · large window

KitchenBasement0.00 × 0.00 m

stainless steel appl · overlooks ravine · w/o to yard

KitchenGround0.00 × 0.00 m

stainless steel appl · centre island · breakfast bar

Bedroom 2Second0.00 × 0.00 m

3 pc ensuite · b/i closet · large window

Primary BedroomSecond0.00 × 0.00 m

5 pc ensuite · b/i closet · large window

BreakfastGround0.00 × 0.00 m

pot lights · large window · overlooks ravine

Our TakeTeam Asgarian · Broker
A small discount is typical
$2.01Mlikely sale price

Listed at $2,088,000. Going by how homes in Hillcrest Village and the wider GTA have actually closed against their asking prices (about 96%, 12 local closings in 90 days), the likely sale price is near $2.01M, if it sells. A realistic range is $1.88M to $2.27M.

Independent value check: $1.85M. Without looking at the asking price, our model values the home itself about 11% below the ask (homes like it typically land between $1.73M and $1.94M).

Why $1.85M. The typical detached home sold in Hillcrest Village over the past year went for about $1.19M (43 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $9,515 a year; the typical home sold here pays about $6,900.
  • ▲ Raises it stronglyIt is 3,000 to 3,500 sq ft; the typical home sold here is 1,500 to 2,000.
  • ▲ Raises it4+1 bedrooms and 6 baths, against 3+2 and 3 typically.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
List price
$1.88MBelow recent closings$2.27MAbove recent closings

Total price vs nearby homes. Likely closing about $2.01M, from 12 recent closings in this pocket.

The market behind the math:

12sold nearby · 90 days
$1.17Mmedian sold price
96%of asking, on average
−12%prices vs a year ago
~13 dayshomes like this take to sell
25days on market so far
$4,778/moest. rent · 10 leases
2.7%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3.3 months of inventory: 13 detached homes for sale in the area against 12 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 $642/sqft against an area asking average of $829/sqft.

  • Walk-out basement apartment features. A finished 1 bed walk-out basement apartment with a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Hillcrest Village: 24 of the 76 detached leases here lately were basement units, around $1,650 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.
  • Ravine / green setting. This home is described as backing onto a ravine or green setting. The ravine backing is priced into the comparison. How much it is really worth depends on whether the house sits on table land with the slope well behind it, or drops away right behind it, and that part is my in-person call.
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 12 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.47M. 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.

  • Walk-out basement: natural light and strong in-law or income potential. Income potential
  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
  • 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
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
Schools & getting aroundcatchment and transit

On schools, this address is zoned for Cliffwood 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.

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

Priced above comparable homes overall, but the price per square foot ($642/sqft) is below the area, so you are paying for extra space rather than a premium.

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

Based on 12 comparable homes that sold in Hillcrest Village over the past two years, from 74 closings there.

What sellers nearby are askingCurrently listed nearby in Hillcrest Village · asking prices
$1.81Mavg 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 $1.85M, which is where my estimate comes from.

Per square foot, these ask about $808/sqft; this home lists at $642/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
2.09MThis home2.88M1.60M1.29M1.68M1.59MThis 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

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.

Steeles
$1.20M
Willowdale East
$2.19M
Banbury-Don Mills
$5.50M
Wexford-Maryvale
$849K
Bendale
$949K

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 Cliffwood Public School
93%
Cliffwood Public SchoolPublic · Elementary · 0.4 km awayAmong the top in the GTA · 93% meet the provincial standard
St. MatthiasEQAO results not published
Also nearby: 12 more schools within 2.5 km
Msgr Fraser College (Northeast) · Catholic secondary0.2 km
Arbor Glen Public School · Public elementary0.8 km · 98% at standard
Cresthaven Public School · Public elementary1.1 km · 75% at standard
Zion Heights Middle School · Public elementary1.1 km · 93% at standard
Pineway Public School · Public elementary1.4 km · 48% at standard
Hillmount Public School · Public elementary1.5 km · 89% at standard
Steelesview Public School · Public elementary1.7 km · 85% at standard
Our Lady of Guadalupe Catholic School · Catholic elementary2.1 km
Crestview Public School · Public elementary2.2 km · 69% at standard
Don Valley Middle School · Public elementary2.2 km · 87% at standard
Seneca Hill Public School · Public elementary2.2 km · 92% at standard
Cherokee Public School · Public elementary2.4 km · 62% at standard

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

Affordability & Mortgage

Affordability
$9,516/mo
$390KIncome needed
5.3×Price ÷ income
$2,196Weekly cost
$77,350Land 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 $9,516Property tax $793Total carry $10,309

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)
$9,236per month

Mortgage amount $1,670,400 · 4.49% over 25 years

$417,600Down payment (20.0%)
$1,670,400Loan before insurance
$0CMHC premium
$10,029Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$9,236
Property tax
$793
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$10,029

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

One-time closing costs

Ontario land transfer tax
$38,675
Toronto municipal land transfer tax
$38,675
Estimated closing costs
$77,350

Plus your down payment of $417,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$11,179/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

$1,100,378Total interest paid
$2,770,778Total of all payments
Principal $1,670,400 Interest $1,100,378
YearPrincipalInterestBalance
1$37,276$73,555$1,633,124
2$38,969$71,862$1,594,155
3$40,738$70,093$1,553,417
4$42,588$68,243$1,510,829
5$44,521$66,310$1,466,308
6$46,543$64,288$1,419,765
7$48,656$62,175$1,371,109
8$50,865$59,966$1,320,244
9$53,175$57,656$1,267,069
10$55,589$55,242$1,211,480
11$58,113$52,718$1,153,367
12$60,752$50,080$1,092,616
13$63,510$47,321$1,029,106
14$66,394$44,438$962,712
15$69,408$41,423$893,304
16$72,559$38,272$820,744
17$75,854$34,977$744,890
18$79,298$31,533$665,592
19$82,899$27,933$582,694
20$86,662$24,169$496,031
21$90,597$20,234$405,434
22$94,711$16,120$310,724
23$99,011$11,820$211,713
24$103,506$7,325$108,206
25$108,206$2,625$0

At the end of your 5-year term

Total paid over the term
$554,156
Principal paid down
$204,092
Interest paid
$350,064
Balance remaining
$1,466,308

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 10 whole-home leases in Hillcrest Village$4,778/mo
$57,336Gross annual rent
1.9%Cap rate after taxes and upkeep
$4,396 to $5,161Typical rent range

The suite is real income here: basements rent in Hillcrest Village (24 of 76 recent detached leases were basement units, around $1,650 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,650 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 10 whole-home leases in Hillcrest Village signed at a median of $4,092 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,778. 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.

2.7%
Gross yield
− Property tax $9,515− Insurance $1,400− Vacancy & upkeep $6,307Net operating income $40,114

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

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