53 Tobruk Crescent, Toronto, ON

Newtonbrook East, Toronto · MLS® C14083828

$1,449,000
For Sale
Just listed todayNo offer date stated
4Bedrooms
3Bathrooms
2Garage · 6 parking
2000-2500Sq ft

About this home

In short

  • Home sweet home is found at 53 Tobruk Cres.
  • Big on space, full of potential, and ready for its next chapter, this lovingly maintained family home sits on a sizeable 77.71 x 91.85 ft lot on a quiet, picturesque...
  • The large, open-concept living and dining rooms feature gleaming hardwood floors, crown moulding, and large windows offering ample sunlight, making it perfect for...
  • The upper level features 3 well-sized bedrooms, including a primary suite with a private balcony and 2pc ensuite.
  • The finished basement adds even more versatility, complete with a generous open-concept rec space with a wet bar, a separate kitchen, and plenty of storage to keep...

Home sweet home is found at 53 Tobruk Cres! Big on space, full of potential, and ready for its next chapter, this lovingly maintained family home sits on a sizeable 77.71 x 91.85 ft lot on a quiet, picturesque cul-de-sac. Step into 2,212sqft of living space made for entertaining. The large, open-concept living and dining rooms feature gleaming hardwood floors, crown moulding, and large windows offering ample sunlight, making it perfect for hosting dinner parties. The eat-in kitchen offers great storage and a walkout to the upper deck, while the oversized family room is a highlight for at-home movie nights. The lower level offers a walkout to the backyard, a spacious bedroom with closet, and a 3pc bath, creating the perfect home office or guest suite. The upper level features 3 well-sized bedrooms, including a primary suite with a private balcony and 2pc ensuite. The additional two bedrooms offer walk-in closets and share a 5pc bathroom. The finished basement adds even more versatility, complete with a generous open-concept rec space with a wet bar, a separate kitchen, and plenty of storage to keep everything organized! Whether hosting family gatherings, entertaining friends, or enjoying a quiet night in, there's room for everyone to spread out and feel at home. Step outside to a beautifully south-facing backyard featuring green grass and a patio, perfect for summer barbecues, outdoor dining, or simply relaxing in your own outdoor retreat. Parking for six cars, including a large double garage and private drive. Well cared for over the years, this home offers a wonderful opportunity to enjoy its generous proportions today while updating and personalizing it to suit your style over time. Set in established Newtonbrook, surrounded by great schools, parks, easy TTC and GO train access, and all the shops and amenities along Yonge Street, this is your chance to create something truly special in a home with room to grow!

Key facts

Property type
Detached, Sidesplit 3
MLS®
C14083828
Bedrooms
4
Bathrooms
3 (1 half)
Size
2000-2500 sq ft
Lot
77.71 × 91.85 ft
Cross streets
Newton & Willowdale
Parking
2 garage · 6 parking (attached)
Driveway
Private, Private Double
Basement
Full
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Unknown
Roof
Unknown
Sewer
Sewer
Property tax
$10,259 / 2026
Listing brokerage
RE/MAX HALLMARK REALTY LTD.

Rooms

BathroomUpper0.00 × 0.00 m

5 pc bath · b/i vanity · tile floor

RecreationBasement6.73 × 4.01 m

open concept · wet bar · parquet

Bedroom 2Upper4.32 × 3.58 m

walk-in closet(s) · window · parquet

KitchenBasement3.25 × 1.93 m

separate room · double sink · tile floor

Dining RoomMain3.30 × 3.00 m

combined w/living · large window · hardwood floor

FoyerMain0.00 × 0.00 m

double closet · tile floor

KitchenMain4.57 × 3.30 m

eat-in kitchen · w/o to deck · tile floor

Family RoomLower6.32 × 4.39 m

gas fireplace · crown moulding · pot lights

BathroomLower0.00 × 0.00 m

3 pc bath · b/i vanity · tile floor

Bedroom 3Upper3.28 × 3.02 m

walk-in closet(s) · window · parquet

Primary BedroomUpper4.45 × 3.58 m

double closet · balcony · parquet

Bedroom 4Lower3.56 × 3.23 m

closet · window · parquet

Living RoomMain4.95 × 3.96 m

overlooks dining · crown moulding · hardwood floor

Utility RoomBasement4.22 × 2.90 m

unfinished · b/i shelves · tile floor

BathroomUpper0.00 × 0.00 m

2 pc ensuite · b/i vanity

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.39Mlikely sale price

Listed at $1,449,000. Going by how homes in Newtonbrook East and the wider GTA have actually closed against their asking prices (about 96%, 22 local closings in 90 days), the likely sale price is near $1.39M, if it sells. A realistic range is $1.31M to $1.57M.

Independent value check: $1.53M. Without looking at the asking price, our model values the home itself about 5% above the ask (homes like it typically land between $1.43M and $1.60M).

Why $1.53M. The typical detached home sold in Newtonbrook East over the past year went for about $1.38M (86 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $10,259 a year; the typical home sold here pays about $8,800.
  • ▲ Raises itIt is 2,000 to 2,500 sq ft; the typical home sold here is 1,500 to 2,000.
List price
$1.31MBelow recent closings$1.57MAbove recent closings

Total price vs nearby homes. Likely closing about $1.39M, from 22 recent closings in this pocket.

The market behind the math:

22sold nearby · 90 days
$1.27Mmedian sold price
95%of asking, on average
−11%prices vs a year ago
~22 dayshomes like this take to sell
$4,164/moest. rent · 26 leases
3.4%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 5 months of inventory: 37 detached homes for sale in the area against 22 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 $644/sqft against an area asking average of $845/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 22 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.42M. 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.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit

Its public catchment (Cummer Valley Middle School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

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

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

Based on 22 comparable homes that sold in Newtonbrook East over the past two years, from 145 closings there.

What sellers nearby are askingCurrently listed nearby in Newtonbrook East · asking prices
$1.47Mavg 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 $1.53M, which is where my estimate comes from.

Per square foot, these ask about $695/sqft; this home lists at $644/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.45MThis home1.43M1.56M1.50M1.59M1.30MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Newtonbrook East: $1.25M in September 2026, down 17% from a year ago, on 69 closings in 8 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$1.43M5
March 2026$1.40M11
April 2026$2.25M7
May 2026$1.38M15
June 2026$1.31M7
July 2026$1.30M7
August 2026$1.28M9
September 2026$1.25M8

Neighbourhood & location

Newtonbrook East, 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.

Willowdale West
$1.92M
Lansing-Westgate
$2.60M
Bedford Park-Nortown
$2.96M
Lawrence Park South
$2.67M
Oakwood Village
$1.74M

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 Cummer Valley Middle School
79%
Cummer Valley Middle SchoolPublic · Elementary · 1.0 km awayAbove the GTA average · 79% meet the provincial standard
Avondale Secondary Alternative SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Lillian Public School · Public elementary0.7 km · 62% at standard
Drewry Secondary School · Public secondary0.8 km
Newtonbrook Secondary School · Public secondary1.1 km · 68% at standard
Brebeuf College School · Catholic secondary1.4 km · 80% at standard
R J Lang Elementary and Middle School · Public elementary1.4 km · 60% at standard
St Paschal Baylon Catholic School · Catholic elementary1.5 km · 72% at standard
St Joseph Morrow Park Catholic Secondary School · Catholic secondary1.5 km · 74% at standard
Finch Public School · Public elementary1.7 km · 72% at standard
St Cyril Catholic School · Catholic elementary1.7 km · 90% at standard
Pleasant Public School · Public elementary1.7 km · 58% at standard
Blessed Trinity Catholic School · Catholic elementary1.7 km · 53% at standard
McKee Public School · Public elementary2.0 km · 86% at standard

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

Affordability & Mortgage

Affordability
$6,604/mo
$283KIncome needed
5.1×Price ÷ income
$1,524Weekly cost
$50,910Land 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.

89%mortgage
Mortgage $6,604Property tax $855Total carry $7,459

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 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,409per month

Mortgage amount $1,159,200 · 4.49% over 25 years

$289,800Down payment (20.0%)
$1,159,200Loan before insurance
$0CMHC premium
$7,264Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,409
Property tax
$855
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,264

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

One-time closing costs

Ontario land transfer tax
$25,455
Toronto municipal land transfer tax
$25,455
Estimated closing costs
$50,910

Plus your down payment of $289,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$7,758/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

$763,625Total interest paid
$1,922,825Total of all payments
Principal $1,159,200 Interest $763,625
YearPrincipalInterestBalance
1$25,868$51,045$1,133,332
2$27,043$49,870$1,106,289
3$28,271$48,642$1,078,018
4$29,554$47,359$1,048,463
5$30,896$46,017$1,017,567
6$32,299$44,614$985,268
7$33,766$43,147$951,502
8$35,299$41,614$916,204
9$36,901$40,012$879,302
10$38,577$38,336$840,725
11$40,328$36,585$800,397
12$42,160$34,753$758,237
13$44,074$32,839$714,164
14$46,075$30,838$668,089
15$48,167$28,746$619,922
16$50,354$26,559$569,568
17$52,640$24,273$516,928
18$55,030$21,883$461,898
19$57,529$19,384$404,369
20$60,141$16,772$344,229
21$62,871$14,042$281,357
22$65,726$11,187$215,631
23$68,710$8,203$146,921
24$71,830$5,083$75,091
25$75,091$1,822$0

At the end of your 5-year term

Total paid over the term
$384,565
Principal paid down
$141,633
Interest paid
$242,932
Balance remaining
$1,017,567

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 26 whole-home leases in Newtonbrook East$4,164/mo
$49,968Gross annual rent
2.3%Cap rate after taxes and upkeep
$3,954 to $4,628Typical rent range
~24 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 26 whole-home leases in Newtonbrook East signed at a median of $3,829 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,164. 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.

3.4%
Gross yield
− Property tax $10,259− Insurance $1,400− Vacancy & upkeep $5,496Net operating income $32,813

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

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