23 Logstone Crescent, Toronto, ON
Morningside, Toronto · MLS® E13121300
About this home
Ultra-Modern Custom-Style Bungalow! This meticulously renovated detached home offers approximately 1,300 sq. ft. of high-quality above-grade living space. The main level has been thoughtfully reconfigured into a sleek, open-concept layout featuring a gourmet kitchen combined with spacious living and dining areas-all tied together with stunning porcelain tile flooring. The primary retreat features an open-concept closet, a private ensuite, and walk-out access to the rear yard through elegant patio doors. The fully finished basement boasts a separate entrance, a second kitchen/recreation area, two additional bedrooms, and a 3-piece bath with laundry-ideal for guests or extended family. Perfectly located minutes from the Hwy 401, Pan Am Centre, TTC, top schools, and hospitals. A rare find for the modern buyer!
Key facts
- Property type
- Detached, Bungalow
- MLS®
- E13121300
- Bedrooms
- 3 (1 + 2)
- Bathrooms
- 3
- Size
- 1100-1500
- Lot
- 52 × 118.34 ft
- Cross streets
- Nielson / Oakmeadow
- Parking
- 1 garage · 2 parking (attached)
- Basement
- Finished
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Other
- Exterior
- Brick, Stucco (Plaster)
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $5,769 / 2025
- Days on market
- 72
- Listing brokerage
- CMI REAL ESTATE INC.
Rooms
Combined w/Dining
Combined w/Kitchen
Listed at $1,189,000, and my independent estimate is within the range of comparable homes, on the lower side.
In Morningside lately, sellers get about 99% of asking; homes sell in ~22 days.
Total price vs nearby homes. Fair value about $1.33M, median of 8 comparables.
How this estimate is builtthe short version
I take the 8 most comparable recent listings nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single listing.
It’s grounded in comparable active listings. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $1.02M, lower than the comparables and worth a second look.
What the listing highlights5 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
- Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit
The assigned public school is Highcastle Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
Read this with carewhy it’s an estimate, not an appraisal
There were not many closely comparable homes right in Morningside, so I widened the search to the surrounding area.
Based on 8 comparable homes nearby.
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 26% above the area average of $728/sqft.
71 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Morningside, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 24, 2026); conventional rates run a little higher.
Mortgage amount $951,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,076
- Property tax
- $481
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,557
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $20,255
- Toronto municipal land transfer tax
- $20,255
- Estimated closing costs
- $40,510
Plus your down payment of $237,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $304,557
- Principal paid down
- $121,136
- Interest paid
- $183,422
- Balance remaining
- $830,064
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.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CMI REAL ESTATE INC.. MLS®/PropTx.