23 Mastwood Crescent, Toronto, ON

Rouge E10, Toronto · MLS® E13077466

$1,399,000
For Sale
Listed 74 days ago
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4Bedrooms
3Bathrooms
2Garage · 4 parking
2500-3000Sq Ft

About this home

Welcome to 23 Mastwood Crescent, a beautifully maintained four-bedroom home nestled in a quiet, family-friendly neighbourhood. This inviting residence offers a perfect blend of comfort, functionality, and style-ideal for growing families or these looking to settle into a well-established community. Step inside to a bright and spacious layout featuring an open-concept living and dining area with hardwood flooring and California shutters throughout the home. Perfect for entertaining or relaxing with family, the home exudes warmth and timeless appeal. The chef's kitchen is a true highlight, complete with granite countertops, stainless steel appliances, and a gas stove, offering both style and performance for everyday cooking and hosting. Upstairs, you'll find four generously sized bedrooms with plenty of natural light, including a comfortable primary retreat. The home offers thoughtfully designed living space throughout, providing both privacy and versatility for modern living. Enjoy outdoor living in the private backyard-perfect for summer gatherings, gardening, or simply unwinding after a long day. Complete with a double car garage and a functional layout, this home checks all the boxes. Conveniently located near the GO station, the lake, Highway 401, schools and parks, this home offers exceptional value in a desirable neighbourhood with easy access to transit, recreation, and major commuter routes.

Key facts

Property type
Detached, 3-Storey
MLS®
E13077466
Bedrooms
4
Bathrooms
3 (1 half)
Size
2500-3000
Lot
30.8 × 72.66 ft
Cross streets
Lawrence Ave E
Parking
2 garage · 4 parking (built-in)
Driveway
Private Double
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$6,199 / 2025
Days on market
74
Listing brokerage
RE/MAX HALLMARK REALTY LTD.

Rooms

Bedroom 2Third3.46 × 2.92 m

hardwood floor · closet · large window

Bedroom 3Third3.20 × 3.18 m

hardwood floor · closet · california shutters

Living RoomSecond6.78 × 5.21 m

hardwood floor · california shutters · pot lights

Primary BedroomThird5.51 × 3.77 m

4 pc ensuite · walk-in closet(s) · hardwood floor

KitchenSecond5.93 × 3.62 m

stainless steel appl · granite counters · eat-in kitchen

Bedroom 4Third3.34 × 3.17 m

hardwood floor · closet · california shutters

Dining RoomSecond4.01 × 3.65 m

hardwood floor · california shutters · overlooks backyard

Family RoomLower4.36 × 3.70 m

w/o to deck · hardwood floor · east view

Moe’s TakeTeam Asgarian · Broker
Below the wider set
$1.88Mest. value

Listed at $1,399,000, this home is tracking about 25% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 8 similar homes nearby, adjusted for size, beds, and baths.Median of 8 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.32M, lower than the comparables and worth a second look.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $1.28M
  • Size difference +$349K
  • Bedrooms −$30K
  • Bathrooms −$15K
  • Adjusts to $1.58M

That comparable adjusts to $1.58M; the $1.88M estimate above is the median of all 8 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

The assigned public school is Sir Oliver Mowat Collegiate Institute. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. East Ave at East Willow Gate is about a 1-minute walk away.

List price
$1.40MGreat deal$2.26MOverpriced

Total price vs nearby homes. Fair value about $1.88M, median of 8 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Open-concept layout: modern, sought-after flow.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$1.52Mavg asking

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

66 Wandering Trail$1.19M40 Stonemanse Court$1.55M39 Cadillac Avenue$1.25M18 Winsdale Road$1.50M90 Berkinshaw Crescent$2.10M

The 5 closest of 8 active listings nearby.

See all comparable homes
1.40MThis home1.19M1.55M1.25M1.50M2.10MThis home vs active comparables
Live market pulseActive comparables in Rouge E10 · median list $1.28M
$509this home / sqft
8active listings nearby
74days on market

This home lists 30% below the area average of $728/sqft.

73 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Rouge E10, 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.

Getting around

67/ 100

WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: East Ave at East Willow Gate, about 116 m away

20+ transit stops2 grocery16 dining17 parks4 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Cliffcrest
$1.51M
Wexford-Maryvale
$865K
Lawrence Park South
$2.14M
Bedford Park-Nortown
$2.90M
High Park-Swansea
$4.99M

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 Sir Oliver Mowat Collegiate Institute
70%
Sir Oliver Mowat Collegiate InstitutePublic · Secondary · 1.2 km awayAround the GTA average · 70% meet the provincial standard
Joseph Howe Senior Public SchoolEQAO results not published

Affordability & Mortgage

Affordability
$6,376/mo
$262KIncome needed
5.3×Price ÷ income
$1,471Weekly cost
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.

93%mortgage
Mortgage $6,376Property tax $517Total carry $6,893

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%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,972per month

Mortgage amount $1,119,200 · 4.14% over 25 years

$279,800Down payment (20.0%)
$1,119,200Loan before insurance
$0CMHC premium
$6,489Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,972
Property tax
$517
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,489

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

One-time closing costs

Ontario land transfer tax
$24,455
Toronto municipal land transfer tax
$24,455
Estimated closing costs
$48,910

Plus your down payment of $279,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$7,254/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

$672,540Total interest paid
$1,791,740Total of all payments
Principal $1,119,200 Interest $672,540
YearPrincipalInterestBalance
1$26,219$45,451$1,092,981
2$27,316$44,354$1,065,665
3$28,458$43,211$1,037,207
4$29,649$42,021$1,007,558
5$30,889$40,781$976,670
6$32,181$39,489$944,489
7$33,527$38,143$910,962
8$34,929$36,740$876,033
9$36,390$35,279$839,642
10$37,912$33,757$801,730
11$39,498$32,171$762,232
12$41,150$30,519$721,081
13$42,872$28,798$678,209
14$44,665$27,005$633,544
15$46,533$25,136$587,011
16$48,480$23,190$538,532
17$50,507$21,162$488,024
18$52,620$19,049$435,404
19$54,821$16,848$380,583
20$57,114$14,555$323,469
21$59,503$12,166$263,965
22$61,992$9,677$201,973
23$64,585$7,084$137,388
24$67,287$4,383$70,101
25$70,101$1,568$0

At the end of your 5-year term

Total paid over the term
$358,348
Principal paid down
$142,530
Interest paid
$215,818
Balance remaining
$976,670

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$5,250/mo
$63,000Gross annual rent
3.5%Est. cap rate

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.

4.5%
Gross yield
− Property tax $6,199− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $48,471

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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