Mentor Boulevard
800 m Away2021
Sign In To See The Price88 Cherrystone Drive, Toronto, ON
Hillcrest Village, Toronto · MLS® C14117796
$1,299,000
For SaleListed 15 Days Ago
5+1BedroomsBeds
6BathroomsBaths
2Garage · 5 Parking
5Parking
1500-2000Sq ft
Listed By RE/MAX Partners Realty Inc.
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Key Facts
- Property type
- Detached, 2-Storey
- Lot
- 50 × 150 ft
- Basement
- Finished
- Parking
- 2 garage · 5 parking (attached)
- Property tax
- $6,063 / 2025
- Offer date
- None stated
- Cross streets
- Don Mills Rd/ Steeles Ave
- Days on market
- 15
All Facts And 11 Rooms, Floor By Floor
- Property type
- Detached, 2-Storey
- MLS®
- C14117796
- Bedrooms
- 5+1 (6 total)
- Bathrooms
- 6 (1 half)
- Size
- 1500-2000 sq ft
- Lot
- 50 × 150 ft
- Cross streets
- Don Mills Rd/ Steeles Ave
- Parking
- 2 garage · 5 parking (attached)
- Basement
- Finished
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Unknown
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $6,063 / 2025
- Days on market
- 15
- Offer date
- None stated
- Listing brokerage
- RE/MAX Partners Realty Inc.
BedroomBasement3.52 × 3.15 m
4 Pc Bath
Bedroom 5Ground3.73 × 3.23 m
hardwood floor · window · 3 pc ensuite
Primary BedroomSecond3.57 × 2.72 m
hardwood floor · window · 3 pc ensuite
Living RoomGround5.31 × 3.42 m
hardwood floor · combined w/dining · window
Great RoomBasement7.13 × 3.52 m
laminate · window
Bedroom 2Second3.58 × 3.08 m
hardwood floor · window
KitchenGround3.55 × 3.16 m
open concept · window · ceramic floor
Bedroom 3Second4.33 × 3.65 m
hardwood floor · window
Bedroom 4Ground6.01 × 3.13 m
hardwood floor · window · 4 pc ensuite
Dining RoomGround3.52 × 2.93 m
hardwood floor · combined w/living · window
KitchenBasement5.93 × 3.31 m
open concept · window · combined w/laundry
About This Home
From The Listing Description By RE/MAX Partners Realty Inc.
In short
- Lucky Number 88 3 Separate Entrances, Convenient Location.
- Step to Bus Stop, Premium Corner Lot 50' X 150' in High Demand Hillcrest Village.
- 2 Kitchens, 6 Bathrooms, and Elegant Strip Hardwood Floors.
- Walk to Excellent Schools; Cliffwood PS (French Immersion), AY Jackson SS (Ranked 23/747).
- Close to 404/401, Seneca College, Fairview Mall.
Read The Full Description
Lucky Number 88* 3 Separate Entrances, Convenient Location! Step to Bus Stop, Premium Corner Lot 50' X 150' in High Demand Hillcrest Village. Beautiful Landscape, Interlocking, Flower Bed. Interlocking Stone Driveway, Private Basketball Court, And A Serence Carp/Koi Pond With a Waterfall. Heavy Duty Steel Fence and Gate. 2 Kitchens, 6 Bathrooms, and Elegant Strip Hardwood Floors. One Garage has been converted into an additional ensuite bedroom. Steps to Park & TTC. Mins to Shopping, Restaurant. Walk to Excellent Schools; Cliffwood PS (French Immersion), AY Jackson SS (Ranked 23/747). Close to 404/401, Seneca College, Fairview Mall. Family Friendly Neighbourhood. 1 Garage space can convert back to a garage
Our Take
Team Asgarian, RE/MAX Hallmark Realty Ltd.A discount is likely
$1.23Mlikely sale price
Listed at $1,299,000. Going by how homes in Hillcrest Village and across Toronto have actually closed against their asking prices (about 97%, blended from 14 local closings in 90 days), the likely sale price is near $1.23M, if it sells. It has been listed 15 days, and homes on the market that long have closed lower against their asking prices, which this figure allows for. A realistic range is $1.16M to $1.29M.
Independent value check. What our model says the home itself is worth, and what sets it apart, is free for signed-in members. Sign In To See It
List price
$1.16MBelow recent closings$1.30MAbove recent closings
Total price vs nearby homes. Likely closing about $1.23M, from 14 recent closings in this pocket.
The market behind the math, in Hillcrest Village
14sold nearby · 90 days
$1.17Mmedian detached sold · 90 days
96%of asking, local average
~13 dayshomes like this take to sell
15days on market so far
$4,108/moest. rent · 6 leases
3.8%gross yield on the ask
Seller's market
Buyer's marketSeller's market
About 1.7 months of inventory: 8 detached homes for sale in the area against 14 closings in the last 90 days. Under two months favours sellers, over four favours buyers. This reads supply only, not prices.
This home
Below area avgAbove area avg
Price per square foot: this home lists at $742/sqft against an area asking average of $791/sqft.
- Corner lot. Two street frontages: more to landscape, shovel and mow, and more exposure to traffic, wind and headlights at night. Buyers price that against an interior lot on the same street, so I read this one on the cautious side and confirm the setting in person.
How this estimate is builtthe short version
The likely sale price starts from the asking price and how homes here have actually closed against theirs, so it says where this one will probably land, not what it is worth. Condition, finishes and how the home shows remain an in-person call.
What the listing highlights3 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- 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
- Corner lot: more light and frontage, sometimes at the cost of privacy. Weigh carefully
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 ($742/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 14 closings nearby in the last 90 days.
Sold Price Trend
Median sold price for detached homes in Toronto: $1.25M in October 2026, up 2% from a year ago, on 7,374 closings in 12 months.
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
| Month | Median sold | Closings |
|---|---|---|
| November 2025 | $1.21M | 601 |
| December 2025 | $1.14M | 385 |
| January 2026 | $1.20M | 287 |
| February 2026 | $1.21M | 459 |
| March 2026 | $1.33M | 583 |
| April 2026 | $1.30M | 784 |
| May 2026 | $1.30M | 868 |
| June 2026 | $1.25M | 778 |
| July 2026 | $1.17M | 685 |
| August 2026 | $1.19M | 553 |
| September 2026 | $1.19M | 680 |
| October 2026 | $1.25M | 711 |
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Our Transactions Near This Listing
Homes Team Asgarian has handled within 1 km of Cherrystone Drive. Signed-in members see each price, verified against board records.
Hollyberry Trail
700 m Away2017
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Spire Hillway Way
200 m Away2020
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Mcnicoll Avenue
850 m Away2019
Sign In To See The PriceOther Homes For Sale In Hillcrest Village
For sale in Hillcrest Village now · asking prices
How This Price Compares
$1.24Mavg asking
Every home like this one for sale in Hillcrest Village right now. These are asking prices, not sales.
62 Summerside Crescent $1,444/sqft$1.30M182 McNicoll Avenue $1,062/sqft$1.38M104 Mcnicoll Avenue $923/sqft$1.20M14 Cherrystone Drive $908/sqft$1.18M114 Loganberry Crescent $883/sqft$1.15M
Per square foot, these ask about $1,044/sqft; this home lists at $742/sqft.
The 5 closest in price of 16 for sale in Hillcrest Village.
See all comparable homesNeighbourhood & Location
Hillcrest Village, Toronto, ON
Commute
Time from this home to where you spend your dayEnter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Get The Full Neighbourhood Report (Schools, Parks, Transit & Safety) →
Schools & Catchment
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.
93%
St. MatthiasEQAO results not published
Also nearby: 12 more schools within 2.5 km
Arbor Glen Public School · Public elementary0.3 km · 98% at standard
Msgr Fraser College (Northeast) · Catholic secondary0.4 km
Hillmount Public School · Public elementary1.0 km · 89% at standard
Cresthaven Public School · Public elementary1.2 km · 75% at standard
Zion Heights Middle School · Public elementary1.5 km · 93% at standard
Cherokee Public School · Public elementary1.8 km · 62% at standard
Pineway Public School · Public elementary1.8 km · 48% at standard
Seneca Hill Public School · Public elementary1.9 km · 92% at standard
Our Lady of Guadalupe Catholic School · Catholic elementary1.9 km
Don Valley Middle School · Public elementary1.9 km · 87% at standard
Crestview Public School · Public elementary2.1 km · 69% at standard
Steelesview Public School · Public elementary2.3 km · 85% at standard
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Affordability & Mortgage
Estimated Mortgage
$5,920/mo
$245KIncome needed
5.3×Price ÷ income
$1,366Weekly cost
$44,910Land transfer tax, one-time (Ontario + Toronto)
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.
Mortgage is 92% of the monthly costMortgage $5,920Property tax $505Total carry $6,426
Calculate And Customize Your Mortgage
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%
$
%
4.59%
%
Live rate from Ratehub.caConventional (20%+ down). Best insured 5-year fixed 4.44% via Ratehub.ca (as of November 11, 2026); conventional rates run a little higher.
years
years (your rate-locked period)
$5,804per month
Mortgage amount $1,039,200 · 4.59% over 25 years
$259,800Down payment (20.0%)
$1,039,200Loan before insurance
$0CMHC premium
$6,309Total monthly cost
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,804
- Property tax
- $505
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,309
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $22,455
- Toronto municipal land transfer tax
- $22,455
- Estimated closing costs
- $44,910
Plus your down payment of $259,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
6.59%Qualifying rate
$7,018/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
$701,940Total interest paid
$1,741,140Total of all payments
Principal $1,039,200 Interest $701,940
YearPrincipalInterestBalance
1$22,869$46,777$1,016,331
2$23,931$45,715$992,401
3$25,042$44,604$967,359
4$26,204$43,441$941,155
5$27,421$42,225$913,734
6$28,694$40,952$885,040
7$30,026$39,620$855,015
8$31,420$38,226$823,595
9$32,879$36,767$790,716
10$34,405$35,240$756,311
11$36,002$33,643$720,308
12$37,674$31,972$682,635
13$39,423$30,223$643,212
14$41,253$28,392$601,958
15$43,168$26,477$558,790
16$45,173$24,473$513,617
17$47,270$22,376$466,347
18$49,464$20,181$416,883
19$51,761$17,885$365,122
20$54,164$15,482$310,958
21$56,679$12,967$254,279
22$59,310$10,336$194,969
23$62,064$7,582$132,905
24$64,945$4,701$67,960
25$67,960$1,685$0
At the end of your 5-year term
- Total paid over the term
- $348,228
- Principal paid down
- $125,466
- Interest paid
- $222,762
- Balance remaining
- $913,734
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.
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.
Questions About 88 Cherrystone Drive
What is the asking price for 88 Cherrystone Drive?
It is listed at $1,299,000.
How many bedrooms and bathrooms does 88 Cherrystone Drive have?
5+1 bedrooms, and 6 bathrooms (1 of them a half bath).
How big is 88 Cherrystone Drive?
The listing gives 1500-2000 sq ft of living space, on a 50 × 150 ft lot.
Does 88 Cherrystone Drive have parking?
2 garage spaces, 5 parking spaces in all.
What are the property taxes on 88 Cherrystone Drive?
$6,063 a year, for 2025.
Is there an offer date for 88 Cherrystone Drive?
The listing does not state an offer date.
Which schools is 88 Cherrystone Drive zoned for?
By the school boards' attendance boundaries: Cliffwood Public School, Highland Middle School, A Y Jackson Secondary School and St. Matthias. Boundaries change, so confirm with the board before relying on it.
When was 88 Cherrystone Drive listed?
It came on the market on October 26, 2026.
Who is the listing brokerage for 88 Cherrystone Drive?
RE/MAX Partners Realty Inc. Showing requests on this page go to Team Asgarian, RE/MAX Hallmark Realty Ltd.
How can I request a showing of 88 Cherrystone Drive?
Send a showing request with your phone number, or call (416) 837-8000. Team Asgarian will call you to confirm a time.
Can Team Asgarian represent me as the buyer?
Yes, if you are not already working with another agent. We talk it through on the call before anything is signed.
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX Partners Realty Inc. MLS®/PropTx.