Nevada Avenue
700 m Away2019
Sign In To See The Price4 Michigan Drive, Toronto, ON
Newtonbrook East, Toronto · MLS® C14150398
$1,698,000
For SaleListed 4 Days Ago
3BedroomsBeds
3BathroomsBaths
2Garage · 6 Parking
6Parking
2000-2500Sq ft
Listed By Real Broker Ontario Ltd.
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Key Facts
- Property type
- Detached, Sidesplit 4
- Lot
- 65 × 128.47 ft
- Basement
- Finished
- Parking
- 2 garage · 6 parking (built-in)
- Property tax
- $9,630 / 2026
- Offer date
- None stated
- Cross streets
- Steeles/Maxome
- Days on market
- 4
All Facts And 10 Rooms, Floor By Floor
- Property type
- Detached, Sidesplit 4
- MLS®
- C14150398
- Bedrooms
- 3
- Bathrooms
- 3 (1 half)
- Size
- 2000-2500 sq ft
- Lot
- 65 × 128.47 ft
- Cross streets
- Steeles/Maxome
- Parking
- 2 garage · 6 parking (built-in)
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $9,630 / 2026
- Days on market
- 4
- Offer date
- None stated
- Listing brokerage
- Real Broker Ontario Ltd.
Primary BedroomSecond3.93 × 4.10 m
hardwood floor · double closet · 3 pc ensuite
DenIn Between3.93 × 3.77 m
hardwood floor · picture window
LaundryLower4.38 × 7.62 m
Bedroom 3Second3.77 × 3.50 m
Hardwood Floor
FoyerMain1.55 × 1.76 m
KitchenMain4.51 × 3.94 m
stainless steel sink · window
RecreationLower4.82 × 7.72 m
b/i bar · fireplace
Living RoomMain4.68 × 5.80 m
hardwood floor · fireplace · large window
Bedroom 2Second4.91 × 2.99 m
hardwood floor · closet
Dining RoomMain4.59 × 3.58 m
hardwood floor · picture window
About This Home
From The Listing Description By Real Broker Ontario Ltd.
In short
- Exceptional North York opportunity on a premium 65 by 128.47 Foot Lot backing onto Lillian Park.
- This Spacious detached side-split-4 with 3 bedrooms and 3 bathrooms including a spacious Den/Office and 2 wood-burning Fireplaces and Finished Recreational Basement.
- Ready for a full custom renovation or multi-generational living.
- Close to Parks, Transit, Finch Subway and Top Schools.
- Property being sold "as is, where is" with no warranties.
Read The Full Description
Exceptional North York opportunity on a premium 65 by 128.47 Foot Lot backing onto Lillian Park. This Spacious detached side-split-4 with 3 bedrooms and 3 bathrooms including a spacious Den/Office and 2 wood-burning Fireplaces and Finished Recreational Basement. Separate Rear Entrance has Potential for Nanny Suite. Ready for a full custom renovation or multi-generational living. Close to Parks, Transit, Finch Subway and Top Schools. Property being sold "as is, where is" with no warranties. Bring your vision and transform this property into something truly special.
Our Take
Team Asgarian, RE/MAX Hallmark Realty Ltd.A small discount is typical
$1.65Mlikely sale price
Listed at $1,698,000. Going by how homes in Newtonbrook East and the wider GTA have actually closed against their asking prices (about 97%, blended from 21 local closings in 90 days), the likely sale price is near $1.65M, if it sells. A realistic range is $1.54M to $1.86M.
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
$1.54MBelow recent closings$1.86MAbove recent closings
Total price vs nearby homes. Likely closing about $1.65M, from 21 recent closings in this pocket.
The market behind the math, in Newtonbrook East
21sold nearby · 90 days
$1.39Mmedian detached sold · 90 days
97%of asking, local average
~20 dayshomes like this take to sell
4days on market so far
$4,362/moest. rent · 5 leases
3.1%gross yield on the ask
Balanced market
Buyer's marketSeller's market
About 2.6 months of inventory: 18 detached homes for sale in the area against 21 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 $755/sqft against an area asking average of $907/sqft.
- Park / green-space backing. The listing says this home backs onto or abuts a park or green space. That privacy is priced into the comparison. What is actually behind the fence, and how the lot sits against it, is my in-person call.
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.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
- Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
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
Priced above comparable homes overall, but the price per square foot ($755/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 Newtonbrook East, so I widened the search to the surrounding area.
Based on 21 closings nearby in the last 90 days.
Sold Price Trend
Median sold price for detached homes in Newtonbrook East: $1.60M in October 2026, down 16% from a year ago, on 72 closings in 8 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| March 2026 | $1.40M | 11 |
| April 2026 | $2.25M | 7 |
| May 2026 | $1.38M | 15 |
| June 2026 | $1.32M | 8 |
| July 2026 | $1.30M | 7 |
| August 2026 | $1.28M | 9 |
| September 2026 | $1.25M | 7 |
| October 2026 | $1.60M | 8 |
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Our Transactions Near This Listing
Homes Team Asgarian has handled within 1 km of Michigan Drive. Signed-in members see each price, verified against board records.
Maxome Avenue
300 m Away2018
Sign In To See The Price
Paultiel Drive
700 m Away2026
Sign In To See The Price
Meadowview Avenue
950 m Away2018
Sign In To See The PriceOther Homes For Sale In Newtonbrook East
For sale in Newtonbrook East now · asking prices
How This Price Compares
$1.50Mavg asking
Every home like this one for sale in Newtonbrook East right now. These are asking prices, not sales.
17 Athabaska Avenue $1,223/sqft$1.59M104 Otonabee Avenue $857/sqft$1.50M11 Urbandale Avenue $666/sqft$1.50M19 Temagami Court $541/sqft$1.49M53 Tobruk Crescent $644/sqft$1.45M
Per square foot, these ask about $786/sqft; this home lists at $755/sqft.
The 5 closest in price of 25 for sale in Newtonbrook East.
See all comparable homesNeighbourhood & Location
Newtonbrook East, 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.
79%
Avondale Secondary Alternative SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Lillian Public School · Public elementary0.3 km · 62% at standard
Brebeuf College School · Catholic secondary0.6 km · 80% at standard
St Joseph Morrow Park Catholic Secondary School · Catholic secondary1.2 km · 74% at standard
Newtonbrook Secondary School · Public secondary1.6 km · 68% at standard
Drewry Secondary School · Public secondary1.7 km
Blessed Trinity Catholic School · Catholic elementary1.7 km · 53% at standard
Lester B Pearson Elementary School · Public elementary1.7 km · 92% at standard
Steelesview Public School · Public elementary1.8 km · 85% at standard
Finch Public School · Public elementary1.8 km · 72% at standard
St Paschal Baylon Catholic School · Catholic elementary2.1 km · 72% at standard
R J Lang Elementary and Middle School · Public elementary2.2 km · 60% at standard
Pleasant Public School · Public elementary2.3 km · 58% at standard
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Affordability & Mortgage
Estimated Mortgage
$7,739/mo
$324KIncome needed
5.2×Price ÷ income
$1,786Weekly cost
$60,870Land 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 91% of the monthly costMortgage $7,739Property tax $802Total carry $8,541
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%
$
%
Homes over $1.5M can't be insured, so 20% down or more is required.
4.59%
%
Live rate from Ratehub.caConventional (20%+ down). Best insured 5-year fixed 4.44% via Ratehub.ca (as of November 9, 2026); conventional rates run a little higher.
years
years (your rate-locked period)
$7,586per month
Mortgage amount $1,358,400 · 4.59% over 25 years
$339,600Down payment (20.0%)
$1,358,400Loan before insurance
$0CMHC premium
$8,389Total monthly cost
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,586
- Property tax
- $803
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $8,389
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $30,435
- Toronto municipal land transfer tax
- $30,435
- Estimated closing costs
- $60,870
Plus your down payment of $339,600. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
6.59%Qualifying rate
$9,173/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
$917,547Total interest paid
$2,275,947Total of all payments
Principal $1,358,400 Interest $917,547
YearPrincipalInterestBalance
1$29,893$61,145$1,328,507
2$31,281$59,757$1,297,226
3$32,733$58,305$1,264,493
4$34,253$56,785$1,230,240
5$35,843$55,195$1,194,396
6$37,507$53,531$1,156,889
7$39,249$51,789$1,117,640
8$41,071$49,967$1,076,569
9$42,978$48,060$1,033,592
10$44,973$46,065$988,619
11$47,061$43,977$941,558
12$49,246$41,792$892,312
13$51,532$39,506$840,780
14$53,925$37,113$786,855
15$56,428$34,610$730,427
16$59,048$31,990$671,379
17$61,789$29,249$609,590
18$64,658$26,380$544,932
19$67,660$23,378$477,272
20$70,801$20,237$406,471
21$74,088$16,950$332,383
22$77,528$13,510$254,856
23$81,127$9,911$173,728
24$84,894$6,144$88,835
25$88,835$2,203$0
At the end of your 5-year term
- Total paid over the term
- $455,189
- Principal paid down
- $164,004
- Interest paid
- $291,186
- Balance remaining
- $1,194,396
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 4 Michigan Drive
What is the asking price for 4 Michigan Drive?
It is listed at $1,698,000.
How many bedrooms and bathrooms does 4 Michigan Drive have?
3 bedrooms, and 3 bathrooms (1 of them a half bath).
How big is 4 Michigan Drive?
The listing gives 2000-2500 sq ft of living space, on a 65 × 128.47 ft lot.
Does 4 Michigan Drive have parking?
2 garage spaces, 6 parking spaces in all.
What are the property taxes on 4 Michigan Drive?
$9,630 a year, for 2026.
Is there an offer date for 4 Michigan Drive?
The listing does not state an offer date.
Which schools is 4 Michigan Drive zoned for?
By the school boards' attendance boundaries: Cummer Valley Middle School, Avondale Secondary Alternative School and St. Agnes. Boundaries change, so confirm with the board before relying on it.
When was 4 Michigan Drive listed?
It came on the market on November 4, 2026.
Who is the listing brokerage for 4 Michigan Drive?
Real Broker Ontario Ltd. Showing requests on this page go to Team Asgarian, RE/MAX Hallmark Realty Ltd.
How can I request a showing of 4 Michigan 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 Real Broker Ontario Ltd. MLS®/PropTx.