14 Logstone Crescent, Toronto, ON

Morningside, Toronto · MLS® E13143094

$1,099,900
For Sale
Listed 59 days ago
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4Bedrooms
2Bathrooms
2Garage · 4 parking
2000-2500Sq Ft

About this home

One of the largest backsplits, boasting 2092 sq ft above grade + high-potential full basement! Rare income & upsizing opportunity in sought-after Seven Oaks! Perfect for growing families, multi-generational living, or savvy investors seeking maximum cash flow. Set on a premium, beautifully manicured 56 ft x 132 ft lot, this expansive 4-level backsplit features a highly practical layout flooded with natural light from large windows. The main level offers a spacious foyer, oversized living and dining rooms, and a family-sized kitchen with a breakfast area. Upstairs holds four generous bedrooms, highlighted by an exceptionally large main bathroom with layout potential for a spa-style luxury retreat. The lower level features a massive 24 ft x 13 ft family room with sliding door walk/out. A dedicated side entrance easily supports a secondary income suite or in-law setup with minimal conversion costs. Original hardwood flooring sits preserved under most existing broadloom-offering a seamless, high-ROI modern upgrade. Complete with an attached double-car garage, double driveway, and a charming covered front porch, this package is an absolute rarity for the neighbourhood. Unbeatable location minutes to U of T Scarborough, Centennial College, Pan Am Sports Centre, SHN Centenary Hospital, TTC, and Hwy 401. Don't miss out-schedule your viewing today!

Key facts

Property type
Detached, Backsplit 4
MLS®
E13143094
Bedrooms
4
Bathrooms
2 (1 half)
Size
2000-2500
Lot
134.24 × 56.5 ft
Cross streets
Neilson Rd & Ellesmere Rd
Parking
2 garage · 4 parking (attached)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,570 / 2025
Days on market
59
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

KitchenMain3.05 × 2.84 m

Tile Floor

Family RoomLower7.43 × 3.90 m

sliding doors · w/o to yard · fireplace

BathroomSecond1.92 × 2.77 m

2 Pc Ensuite

Living RoomMain4.68 × 4.53 m

broadloom · hardwood floor · large window

RecreationBasement7.44 × 4.43 m

Wet Bar

BreakfastMain2.82 × 2.78 m

bay window · tile floor

Primary BedroomSecond4.21 × 3.36 m

large window · closet

LaundryBasement2.74 × 2.41 m

Separate Shower

Dining RoomMain3.88 × 2.90 m

broadloom · hardwood floor · large window

Bedroom 2Second3.05 × 3.67 m

Closet

FoyerMain2.34 × 1.65 m

double closet · tile floor

LaundryBasement0.00 × 0.00 m

Separate Shower

SittingBasement3.20 × 3.06 m
Bedroom 3Second3.05 × 2.54 m

Closet

Moe’s TakeTeam Asgarian · Broker
Below the wider set
$1.67Mest. value

Listed at $1,099,900, this home is tracking about 34% 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 14 similar homes nearby, adjusted for size, beds, and baths.Median of 14 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.06M, 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 $1.20M
  • Size difference +$380K
  • Bedrooms −$30K
  • Bathrooms −$30K
  • Adjusts to $1.52M

That comparable adjusts to $1.52M; the $1.67M estimate above is the median of all 14 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 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.

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Neilson Rd at Oakmeadow Blvd is about a 7-minute walk away.

List price
$1.10MGreat deal$1.83MOverpriced

Total price vs nearby homes. Fair value about $1.67M, median of 14 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.

  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$1.14Mavg asking

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

39 Madron Crescent$965k66 Wandering Trail$1.19M103 Ambercroft Boulevard$1000k400 Manse Road$1.75M7 Briarbluff Avenue$800k

The 5 closest of 8 active listings nearby.

See all comparable homes
1.10MThis home965k1.19M1000k1.75M800kThis home vs active comparables
Live market pulseActive comparables in Morningside · median list $899K
$489this home / sqft
14active listings nearby
59days on market

This home lists 38% below the area average of $788/sqft.

58 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

Morningside, 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

48/ 100

Somewhat 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.

Some errands on foot, but most trips need a car.

🚉 Nearest transit: Neilson Rd at Oakmeadow Blvd, about 536 m away

20+ transit stops2 grocery20+ dining18 parks5 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 Highcastle Public School
65%
Highcastle Public SchoolPublic · Elementary · 0.4 km awayBelow the GTA average · 65% meet the provincial standard

Affordability & Mortgage

Affordability
$5,013/mo
$206KIncome needed
5.3×Price ÷ income
$1,157Weekly 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 $5,013Property tax $381Total carry $5,394

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)
$4,696per month

Mortgage amount $879,920 · 4.14% over 25 years

$219,980Down payment (20.0%)
$879,920Loan before insurance
$0CMHC premium
$5,076Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,696
Property tax
$381
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,076

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

One-time closing costs

Ontario land transfer tax
$18,473
Toronto municipal land transfer tax
$18,473
Estimated closing costs
$36,946

Plus your down payment of $219,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$5,703/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

$528,754Total interest paid
$1,408,674Total of all payments
Principal $879,920 Interest $528,754
YearPrincipalInterestBalance
1$20,613$35,733$859,307
2$21,476$34,871$837,831
3$22,374$33,973$815,457
4$23,310$33,037$792,147
5$24,285$32,062$767,862
6$25,301$31,046$742,561
7$26,359$29,988$716,202
8$27,462$28,885$688,741
9$28,610$27,737$660,130
10$29,807$26,540$630,324
11$31,054$25,293$599,270
12$32,353$23,994$566,917
13$33,706$22,641$533,211
14$35,116$21,231$498,095
15$36,585$19,762$461,511
16$38,115$18,232$423,396
17$39,709$16,638$383,687
18$41,370$14,977$342,316
19$43,101$13,246$299,216
20$44,903$11,443$254,312
21$46,782$9,565$207,531
22$48,739$7,608$158,792
23$50,777$5,570$108,015
24$52,901$3,446$55,114
25$55,114$1,233$0

At the end of your 5-year term

Total paid over the term
$281,735
Principal paid down
$112,058
Interest paid
$169,677
Balance remaining
$767,862

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$4,200/mo
$50,400Gross 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.

4.6%
Gross yield
− Property tax $4,570− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $38,886

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

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