59 Bobmar Road, Toronto, ON

Highland Creek, Toronto · MLS® E13085442

$1,250,000
For Sale
Listed 73 days ago
5Bedrooms
3Bathrooms
2Garage · 6 parking
1500-2000Sq Ft

About this home

Stunning Detached Home- A Perfect Blend of Luxury and Comfort! Welcome to 59 Bobmar, a beautifully upgraded detached home nestled on a premium 50 ft x 180 ft cottage-style lot. This exceptional property is designed for both entertaining and everyday living, featuring a modern open-concept layout that is sure to impress. Step into a gourmet kitchen that any professional chef would envy, equipped with top-of-the-line appliances including a 48" Ventahood, a 48"Miele Range with an oven/microwave combo, a built-in Miele dishwasher, and a built-in Miele fridge. The kitchen boasts a stylish pot filler and an elegant quartz counter-top and backsplash, making it both functional and visually appealing. The spacious dining area, enhanced by a skylight, invites ample natural light, creating the perfect atmosphere for gatherings. The living room seamlessly connects to a large outdoor deck, ideal for hosting parties or enjoying a serene afternoon in the expansive backyard-perfect for entertaining guests or simply relaxing in privacy. The property features three modern, renovated bathrooms and four beautifully upgraded bedrooms, ensuring comfort and style throughout. This home is not only ideal for end-users ready to move in, but also presents an incredible opportunity for investors and builders. The generous lot size opens the door for potential redevelopment into a magnificent mansion or semi-detached units. Additionally, buyers may explore the possibility of constructing a laneway house for extra income. The home comes with some smart home features such as an Ecobee thermostat, smart door lock, and voice-controlled power blinds enhance convenience and modern living. Recent mechanical updates, including a new roof (2020), A/C (2023), and a water heater (2021). Walkable distance to the University of Toronto Scarborough, TTC, Highland Creek Village, Colonel Danforth Park, and with quick access to highways 401 and 407 Don't miss the chance to make this exquisite home yours!

Key facts

Property type
Detached, Backsplit 4
MLS®
E13085442
Bedrooms
5 (4 + 1)
Bathrooms
3
Size
1500-2000
Lot
50 × 180 ft
Cross streets
Ellesmere Rd & Military Trail
Parking
2 garage · 6 parking (attached)
Basement
Crawl Space, Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,181 / 2025
Days on market
73
Listing brokerage
HOMELIFE NEW WORLD REALTY INC.

Rooms

Living RoomMain5.39 × 3.87 m

pot lights · open concept · hardwood floor

FoyerMain3.05 × 1.65 m

tile floor · closet · pot lights

Moe’s TakeTeam Asgarian · Broker
Above the wider set
$995Kest. value

Listed at $1,250,000, this home is tracking about 26% above a wider set of listings, though close matches were thin, so treat this as a rough read until I run a precise CMA. 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 23 similar homes nearby, adjusted for size, beds, and baths.Median of 23 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.14M, a bit higher. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

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 $1.05M
  • Bedrooms +$30K
  • Bathrooms −$15K
  • Adjusts to $1.06M

That comparable adjusts to $1.06M; the $995K estimate above is the median of all 23 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 Highland Creek Public School. 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. 3507 Ellesmere Rd is about a 4-minute walk away.

List price
$810KGreat deal$1.25MOverpriced

Total price vs nearby homes. Fair value about $995K, median of 23 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Open-concept layout: modern, sought-after flow.
  • Development potential: upside only if zoning permits, verify with the city before relying on it.
  • Value driver
  • Lifestyle
  • Worth verifying
Comparable listingsCurrently listed nearby in Highland Creek · asking prices
$1.09Mavg asking

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

44 Calverley Trail$1.10M29 Muirbank Boulevard$1.01M57A Watson Street$1.15M11 Canmore Boulevard$1.20M70 Halfmoon Square$992k

The 5 closest of 8 active listings nearby.

See all comparable homes
1.25MThis home1.10M1.01M1.15M1.20M992kThis home vs active comparables
Live market pulseActive comparables in Highland Creek · median list $1.20M
$714this home / sqft
23active listings nearby
73days on market

This home lists 14% above the area average of $629/sqft.

72 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

Highland Creek, 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

55/ 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: 3507 Ellesmere Rd, about 299 m away

20+ transit stops20+ dining16 parks3 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 Highland Creek Public School
53%
Highland Creek Public SchoolPublic · Elementary · 0.3 km awayBelow the GTA average · 53% meet the provincial standard
West Hill Collegiate InstituteEQAO results not published

Affordability & Mortgage

Affordability
$5,697/mo
$234KIncome needed
5.4×Price ÷ income
$1,315Weekly 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 $5,697Property tax $432Total carry $6,129

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)
$5,336per month

Mortgage amount $1,000,000 · 4.14% over 25 years

$250,000Down payment (20.0%)
$1,000,000Loan before insurance
$0CMHC premium
$5,768Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,336
Property tax
$432
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,768

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

One-time closing costs

Ontario land transfer tax
$21,475
Toronto municipal land transfer tax
$21,475
Estimated closing costs
$42,950

Plus your down payment of $250,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$6,482/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

$600,911Total interest paid
$1,600,911Total of all payments
Principal $1,000,000 Interest $600,911
YearPrincipalInterestBalance
1$23,427$40,610$976,573
2$24,406$39,630$952,167
3$25,427$38,609$926,740
4$26,491$37,546$900,249
5$27,599$36,437$872,650
6$28,753$35,283$843,896
7$29,956$34,080$813,940
8$31,209$32,827$782,731
9$32,515$31,522$750,216
10$33,875$30,162$716,342
11$35,292$28,745$681,050
12$36,768$27,269$644,283
13$38,306$25,731$605,977
14$39,908$24,129$566,069
15$41,577$22,459$524,492
16$43,316$20,720$481,175
17$45,128$18,908$436,047
18$47,016$17,021$389,031
19$48,982$15,054$340,049
20$51,031$13,005$289,018
21$53,166$10,871$235,852
22$55,390$8,647$180,462
23$57,707$6,330$122,755
24$60,120$3,916$62,635
25$62,635$1,401$0

At the end of your 5-year term

Total paid over the term
$320,182
Principal paid down
$127,350
Interest paid
$192,832
Balance remaining
$872,650

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$3,150/mo
$37,800Gross annual rent
2.2%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.

3.0%
Gross yield
− Property tax $5,181− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $27,061

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE NEW WORLD REALTY INC.. MLS®/PropTx.

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