31 Presteign Avenue, Toronto, ON

O'Connor-Parkview, Toronto · MLS® E13155866

$2,475,000
For Sale
Listed 57 days ago
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5Bedrooms
5Bathrooms
1Garage · 3 parking
2500-3000Sq Ft

About this home

Fabulous custom built, spacious Executive Residence in prestigious Parkview Hills! This luxury home features architectural details, quality workmanship and high end finishes. Featuring 4+1 bedrooms, 5 baths with approximately 4500 sq ft of living space. Hardwood floors throughout, wainscoting, high coffered ceilings, custom trim and mouldings. Elegant, tasteful living and dining rooms, an absolutely stunning bright family room offers yet another spacious sitting & dining area with walkout to patio. Incredible Chef's kitchen with porcelain floor, island, built-in stainless steel appliances. Huge primary bedroom features gorgeous 5-pc ensuite bath and large walk-in closet. All bedrooms have ensuite or semi-ensuite baths and walk-in closets. 2nd floor laundry room for convenience. Incredible finished basement with rec room featuring a fireplace, wet bar with fridge. 5th bedroom used as exercise room, 3-pc bath with glass enclosure. High end, custom aluminum pergola covers large patio area. Terrific for family living & entertaining. This beautiful home must be seen to be fully appreciated!

Key facts

Property type
Detached, 2-Storey
MLS®
E13155866
Bedrooms
5 (4 + 1)
Bathrooms
5 (1 half)
Size
2500-3000
Lot
38 × 110 ft
Cross streets
St Clair Ave E/O'Connor Dr in Parkview Hills
Parking
1 garage · 3 parking (built-in)
Driveway
Private
Basement
Finished, Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$13,513 / 2026
Days on market
57
Listing brokerage
RE/MAX ULTIMATE REALTY INC.

Rooms

Living RoomMain7.90 × 3.50 m

combined w/dining · hardwood floor · wainscoting

Bedroom 3Second3.77 × 3.53 m

semi ensuite · hardwood floor · walk-in closet(s)

FoyerMain2.07 × 1.55 m

porcelain floor · closet

Primary BedroomSecond4.88 × 4.75 m

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

RecreationBasement8.44 × 4.50 m

laminate · wet bar · window

BreakfastMain4.57 × 2.71 m

hardwood floor · w/o to patio

BedroomBasement5.79 × 3.90 m

laminate · closet · window

Bedroom 2Second3.90 × 3.77 m

semi ensuite · hardwood floor · walk-in closet(s)

KitchenMain4.57 × 3.47 m

centre island · porcelain floor · stainless steel appl

Bedroom 4Second5.17 × 4.26 m

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

Dining RoomMain7.90 × 3.50 m

combined w/living · hardwood floor · wainscoting

Family RoomMain7.81 × 3.65 m

hardwood floor · coffered ceiling(s) · gas fireplace

Moe’s TakeTeam Asgarian · Broker
Above comparables
$2.28Mest. value

Listed at $2,475,000, this home is about 8% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Based on 11 similar homes nearby, adjusted for size, beds, and baths.Median of 11 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.84M, higher 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 $1.73M
  • Bathrooms −$15K
  • Adjusts to $1.71M

That comparable adjusts to $1.71M; the $2.28M estimate above is the median of all 11 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.

On schools, this address is zoned for Presteign Heights Elementary School, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Woodbine Heights Blvd at Parkview Hill Cres is about a 2-minute walk away.

List price
$2.15MGreat deal$2.48MOverpriced

Total price vs nearby homes. Fair value about $2.28M, median of 11 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.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted.
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Primary suite: a key comfort and resale feature.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby in O'Connor-Parkview · asking prices
$2.24Mavg asking

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

1599 Woodbine Heights Boulevard$2.29M49 Ferris Road$2.70M136 Glenwood Crescent$1.73M

The 3 closest active listings nearby.

See all comparable homes
2.48MThis home2.29M2.70M1.73MThis home vs active comparables
Live market pulseActive comparables in O'Connor-Parkview · median list $1.90M
$900this home / sqft
11active listings nearby
57days on market

This home lists 13% above the area average of $797/sqft.

56 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

O'Connor-Parkview, 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

69/ 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: Woodbine Heights Blvd at Parkview Hill Cres, about 162 m away

20+ transit stops2 grocery20+ dining19 parks8 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.

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

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 Presteign Heights Elementary School
91%
Presteign Heights Elementary SchoolPublic · Elementary · 0.2 km awayAmong the top in the GTA · 91% meet the provincial standard
East York Alternative Secondary SchoolEQAO results not published

Affordability & Mortgage

Affordability
$11,280/mo
$469KIncome needed
5.3×Price ÷ income
$2,603Weekly 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.

91%mortgage
Mortgage $11,280Property tax $1,126Total carry $12,406

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

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)
$10,566per month

Mortgage amount $1,980,000 · 4.14% over 25 years

$495,000Down payment (20.0%)
$1,980,000Loan before insurance
$0CMHC premium
$11,692Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$10,566
Property tax
$1,126
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$11,692

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

One-time closing costs

Ontario land transfer tax
$48,350
Toronto municipal land transfer tax
$48,350
Estimated closing costs
$96,700

Plus your down payment of $495,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$12,833/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

$1,189,804Total interest paid
$3,169,804Total of all payments
Principal $1,980,000 Interest $1,189,804
YearPrincipalInterestBalance
1$46,385$80,408$1,933,615
2$48,325$78,467$1,885,291
3$50,346$76,446$1,834,945
4$52,452$74,340$1,782,493
5$54,646$72,146$1,727,847
6$56,932$69,860$1,670,915
7$59,313$67,479$1,611,602
8$61,794$64,998$1,549,808
9$64,379$62,413$1,485,429
10$67,072$59,720$1,418,357
11$69,877$56,915$1,348,480
12$72,800$53,992$1,275,680
13$75,845$50,947$1,199,834
14$79,018$47,774$1,120,817
15$82,323$44,469$1,038,494
16$85,766$41,026$952,727
17$89,354$37,438$863,374
18$93,091$33,701$770,282
19$96,985$29,807$673,297
20$101,042$25,750$572,255
21$105,268$21,524$466,987
22$109,672$17,121$357,315
23$114,259$12,533$243,056
24$119,038$7,754$124,018
25$124,018$2,775$0

At the end of your 5-year term

Total paid over the term
$633,961
Principal paid down
$252,153
Interest paid
$381,807
Balance remaining
$1,727,847

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
1.7%Est. cap rate

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

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.

2.5%
Gross yield
− Property tax $13,513− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $41,157

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

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