12 Mandel Crescent, Toronto, ON

Bayview Woods-Steeles, Toronto · MLS® C14030824

$1,397,700
For Sale
Listed 5 days agoNo offer date stated
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4Bedrooms
4Bathrooms
2Garage · 4 parking
2000-2500Sq ft

About this home

In short

  • Rarely Offered in Prestigious Bayview Woods-Steeles.
  • A wonderful opportunity to transform this spacious 4-bedroom, 4-bathroom two-storey home into your dream home.
  • Upstairs, you'll find four spacious bedrooms, including a primary bedroom with a 4-piece ensuite and double closets.
  • The basement offers even more living space, complete with a cedar closet, sauna, 3-piece bathroom, and a generously sized recreation room featuring a log-burning...

Rarely Offered in Prestigious Bayview Woods-Steeles! A wonderful opportunity to transform this spacious 4-bedroom, 4-bathroom two-storey home into your dream home! Featuring great bones, generous principal rooms, and tremendous potential, this property offers an exceptional canvas for those looking to renovate and create something truly special. The main floor features a well-sized kitchen, an elegant dining room with a striking mirrored wall, a welcoming living room with fireplace, and a separate family room with a walkout to the patio - perfect for relaxing or entertaining. Upstairs, you'll find four spacious bedrooms, including a primary bedroom with a 4-piece ensuite and double closets. The basement offers even more living space, complete with a cedar closet, sauna, 3-piece bathroom, and a generously sized recreation room featuring a log-burning fireplace. While the home is dated and ready for updating, the space, layout, and solid potential make this a rare opportunity to create your own personal masterpiece in a highly sought-after neighbourhood. Bring your vision and imagination and turn this diamond in the rough into your very own castle!

Key facts

Property type
Detached, 2-Storey
MLS®
C14030824
Bedrooms
4
Bathrooms
4 (1 half)
Size
2000-2500 sq ft
Lot
55 × 121.66 ft
Cross streets
Finch and Pineway Blvd.
Parking
2 garage · 4 parking (attached)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Aluminum Siding
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,942 / 2026
Days on market
5
Listing brokerage
REALTY EXECUTIVES PLUS LTD

Rooms

RecreationBasement5.35 × 5.98 m

fireplace · broadloom

Primary BedroomSecond5.40 × 4.31 m

4 pc ensuite · broadloom · hardwood floor

Dining RoomMain3.59 × 2.99 m

hardwood floor · mirrored walls

Bedroom 3Second3.91 × 3.08 m

double closet · tile floor · hardwood floor

OfficeBasement3.19 × 3.13 m

broadloom · b/i shelves

Bedroom 2Second4.18 × 3.63 m

hardwood floor · double closet · overlooks garden

LaundryMain2.05 × 2.27 m

B/I Shelves

Family RoomMain5.47 × 3.88 m

stone fireplace · hardwood floor · broadloom

KitchenMain4.91 × 3.00 m

eat-in kitchen · tile floor

Living RoomMain5.31 × 4.17 m

broadloom · hardwood floor · w/o to yard

Bedroom 4Second4.01 × 3.08 m

hardwood floor · closet

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

On schools, this address is zoned for Zion Heights Middle 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.

What sellers nearby are askingCurrently listed nearby in Bayview Woods-Steeles · asking prices
$1.70Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $652/sqft; this home lists at $621/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.40MThis home1.30M1.89M1.90MThis home vs active comparables

Neighbourhood & location

Bayview Woods-Steeles, 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.

Bayview Village
$1.60M
Willowdale East
$2.29M
Steeles
$1.20M
Banbury-Don Mills
$5.50M
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 Zion Heights Middle School
93%
Zion Heights Middle SchoolPublic · Elementary · 0.7 km awayAmong the top in the GTA · 93% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Pineway Public School · Public elementary0.5 km · 48% at standard
Cresthaven Public School · Public elementary0.9 km · 75% at standard
Crestview Public School · Public elementary1.1 km · 69% at standard
Lester B Pearson Elementary School · Public elementary1.2 km · 92% at standard
Divine Mercy Catholic School · Catholic elementary1.3 km · 61% at standard
Don Valley Middle School · Public elementary1.4 km · 87% at standard
Our Lady of Guadalupe Catholic School · Catholic elementary1.5 km
Steelesview Public School · Public elementary1.6 km · 85% at standard
St Joseph Morrow Park Catholic Secondary School · Catholic secondary1.7 km · 74% at standard
Lescon Public School · Public elementary1.7 km · 44% at standard
Seneca Hill Public School · Public elementary1.8 km · 92% at standard
Msgr Fraser College (Northeast) · Catholic secondary1.9 km

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

Affordability & Mortgage

Affordability
$6,370/mo
$267KIncome needed
5.2×Price ÷ income
$1,470Weekly cost
$48,858Land 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.

91%mortgage
Mortgage $6,370Property tax $662Total carry $7,032

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)
$6,182per month

Mortgage amount $1,118,160 · 4.49% over 25 years

$279,540Down payment (20.0%)
$1,118,160Loan before insurance
$0CMHC premium
$6,844Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,182
Property tax
$662
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,844

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

One-time closing costs

Ontario land transfer tax
$24,429
Toronto municipal land transfer tax
$24,429
Estimated closing costs
$48,858

Plus your down payment of $279,540. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$7,483/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

$736,590Total interest paid
$1,854,750Total of all payments
Principal $1,118,160 Interest $736,590
YearPrincipalInterestBalance
1$24,953$49,237$1,093,207
2$26,086$48,104$1,067,122
3$27,270$46,920$1,039,852
4$28,508$45,682$1,011,344
5$29,802$44,388$981,541
6$31,156$43,034$950,386
7$32,570$41,620$917,816
8$34,049$40,141$883,767
9$35,595$38,595$848,172
10$37,211$36,979$810,961
11$38,901$35,289$772,060
12$40,667$33,523$731,393
13$42,513$31,677$688,880
14$44,444$29,746$644,436
15$46,462$27,728$597,975
16$48,571$25,619$549,404
17$50,776$23,414$498,627
18$53,082$21,108$445,545
19$55,492$18,698$390,053
20$58,012$16,178$332,042
21$60,645$13,544$271,396
22$63,399$10,791$207,997
23$66,278$7,912$141,720
24$69,287$4,903$72,433
25$72,433$1,757$0

At the end of your 5-year term

Total paid over the term
$370,950
Principal paid down
$136,619
Interest paid
$234,331
Balance remaining
$981,541

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
Estimate$4,200/mo
$50,400Gross annual rent
2.5%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

3.6%
Gross yield
− Property tax $7,942− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $35,514

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

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