409-8 Crescent Town Road, Toronto, ON

Crescent Town, Toronto · MLS® E13119648

$629,000
For Sale
Listed 66 days ago
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3Bedrooms
2Bathrooms
1Garage
1200-1399Sq Ft

About this home

Location! Location! Spacious, Conveniently Located 2-Storey Fully Renovated Townhouse In A Very Private And Quiet Location. Walk To Victoria Park Subway, Close To All Amenities, Ttc, Shops, Schools, Daycare, Medical Centre, And Million Dollars Worth Of Gym. 24Hrs Security Guard, Monitored Building. Don't Miss It!Extras: Fridge, Stove, Dishwasher (Not Connected), All Window Coverings (Excluding Net), Electrical Light Fixtures, Parking Available For Rent $75Monthly

Key facts

Property type
Condo Townhouse, 2-Storey
MLS®
E13119648
Bedrooms
3
Bathrooms
2 (1 half)
Size
1200-1399
Cross streets
Victoria Park & Danforth
Parking
1 garage (underground)
Basement
None
Heating
Radiant
A/C
None
Exterior
Brick
Maintenance
$1,062/mo
Exposure
East
Property tax
$1,548 / 2025
Days on market
66
Listing brokerage
RIGHT AT HOME REALTY

Rooms

Dining RoomMain3.28 × 3.15 m

combined w/living · mirrored walls · parquet

Bedroom 3Upper3.22 × 3.12 m

closet · broadloom

Living RoomMain4.10 × 4.04 m

combined w/dining · parquet

Primary BedroomUpper4.03 × 3.16 m

walk-in closet(s) · 2 pc ensuite · broadloom

Bedroom 2Upper3.80 × 3.10 m

closet · broadloom

KitchenMain5.10 × 2.30 m

eat-in kitchen · renovated

Moe’s TakeTeam Asgarian · Broker
In line
$673Kest. value

Listed at $629,000, this home is within the range of comparable homes, on the lower side. The number above is my independent estimate of value, not the asking price.

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

Based on 13 similar homes nearby, adjusted for size, beds, and baths.Median of 13 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $403K, lower than the comparables and worth a second look. 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 $738K
  • Bathrooms −$15K
  • Adjusts to $723K

That comparable adjusts to $723K; the $673K estimate above is the median of all 13 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 Crescent Town Elementary 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, this is a more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.

List price
$539KGreat deal$785KOverpriced

Total price vs nearby homes. Fair value about $673K, median of 13 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.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$618kavg asking

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

6-121 Centennial Road$620k12-48 Three Valleys Drive$600k62-79 Driftwood Avenue$539k85-19 London Green Court$499k1-35 Somers Avenue$830k

The 5 closest of 8 active listings nearby.

See all comparable homes
629kThis home620k600k539k499k830kThis home vs active comparables
Live market pulseActive comparables in Toronto · median list $688K
$484this home / sqft
88active listings nearby
66days on market

This home lists 18% below the area average of $592/sqft.

62 days longer than the Toronto average (4 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Crescent Town, 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

0/ 100

Car-DependentA 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.

Almost all errands require a car.

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.

Victoria Village
$782K
Don Valley Village
$720K
Willowdale East
$706K
Hillcrest Village
$681K
Niagara
$559K

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 Crescent Town Elementary School
68%
Crescent Town Elementary SchoolPublic · Elementary · 0.2 km awayBelow the GTA average · 68% meet the provincial standard
East York Alternative Secondary SchoolEQAO results not published

Affordability & Mortgage

Affordability
$2,867/mo
$136KIncome needed
4.6×Price ÷ income
$662Weekly 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.

71%mortgage
Mortgage $2,867Property tax $129Condo fee $1,062Total carry $4,058

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 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,685per month

Mortgage amount $503,200 · 4.14% over 25 years

$125,800Down payment (20.0%)
$503,200Loan before insurance
$0CMHC premium
$3,876Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,685
Property tax
$129
Condo / maintenance fees
$1,062
Heating
$0
Estimated monthly cost
$3,876

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

One-time closing costs

Ontario land transfer tax
$9,055
Toronto municipal land transfer tax
$9,055
Estimated closing costs
$18,110

Plus your down payment of $125,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,262/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

$302,379Total interest paid
$805,579Total of all payments
Principal $503,200 Interest $302,379
YearPrincipalInterestBalance
1$11,788$20,435$491,412
2$12,281$19,942$479,130
3$12,795$19,428$466,335
4$13,330$18,893$453,005
5$13,888$18,335$439,117
6$14,469$17,754$424,649
7$15,074$17,149$409,575
8$15,704$16,519$393,870
9$16,361$15,862$377,509
10$17,046$15,177$360,463
11$17,759$14,464$342,705
12$18,502$13,722$324,203
13$19,275$12,948$304,928
14$20,082$12,141$284,846
15$20,922$11,301$263,924
16$21,797$10,426$242,127
17$22,709$9,515$219,419
18$23,658$8,565$195,761
19$24,648$7,575$171,113
20$25,679$6,544$145,434
21$26,753$5,470$118,681
22$27,872$4,351$90,809
23$29,038$3,185$61,771
24$30,253$1,971$31,518
25$31,518$705$0

At the end of your 5-year term

Total paid over the term
$161,116
Principal paid down
$64,083
Interest paid
$97,033
Balance remaining
$439,117

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$4,100/mo
$49,200Gross annual rent
4.6%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.

7.8%
Gross yield
− Property tax $1,548− Condo fees $12,744− Insurance $600− Vacancy & upkeep $5,412Net operating income $28,896

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RIGHT AT HOME REALTY. MLS®/PropTx.

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