35 Munford Crescent, Toronto, ON

O'Connor-Parkview, Toronto · MLS® E13225338

$1,599,000
For Sale
Listed 140 days agoNo offer date statedSitting longer than typical
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4+1Bedrooms
6Bathrooms
2Garage · 6 parking
1500-2000Sq ft

About this home

In short

  • Welcome to this luxurious 4 Bedrooms home with a Legal Basement apartment, and a potential versatile studio in one of East York's top neighborhoods.
  • The home has been NEWLY RENOVATED, featuring NEW roof, insulation, a NEW garage door, and a refinished fence.
  • The home is beautifully finished with NEW hardwood flooring and large tiles throughout, creating a modern, seamless feel.
  • With a NEW furnace, NEW hot water heater, and NEW air conditioner, you'll experience year-round comfort and efficiency.
  • The NEW AND LEGAL basement apartment offers rental income potential, and the studio can either be part of the main home or rented separately for additional revenue or...

Welcome to this luxurious 4 Bedrooms home with a Legal Basement apartment, and a potential versatile studio in one of East York's top neighborhoods. Total Living Space 2,500-3,000 Sq Ft. This property is IDEAL for both families and investors. Whether you're looking for a multi-family investment or a spacious family home, this property offers incredible flexibility. The home has been NEWLY RENOVATED, featuring NEW roof, insulation, a NEW garage door, and a refinished fence. Inside, enjoy NEW electrical and plumbing systems, NEW energy-efficient windows and doors, and NEW custom kitchens with built-in organizers and high-end materials. NEW appliances complete the space, making it both stylish and functional. The home is beautifully finished with NEW hardwood flooring and large tiles throughout, creating a modern, seamless feel. Glass railings on the porch and staircase add a contemporary touch. With a NEW furnace, NEW hot water heater, and NEW air conditioner, you'll experience year-round comfort and efficiency. Sleek pot lights and modern lighting fixtures brighten the interior, while the home's flexible layout allows for use as a single-family residence or separate units. The NEW AND LEGAL basement apartment offers rental income potential, and the studio can either be part of the main home or rented separately for additional revenue or personal workspace. Outside, the NEW yard includes NEW aggregate concrete, professional landscaping, a built-in fire pit, and a NEW sprinkler system to maintain a lush, green space. The exterior features NEW high-end lighting, enhancing the homes curb appeal day and night. This exceptional detached, side-split property combines modern luxury with flexible living arrangements in a prime East York location. Perfect for families or investors, this home is a must-see!Brokerage Remarks

Key facts

Property type
Detached, Backsplit 4
MLS®
E13225338
Bedrooms
4+1 (5 total)
Bathrooms
6 (2 half)
Size
1500-2000 sq ft
Lot
48 × 83.5 ft
Cross streets
Victoria Park Rd & Danforth Rd
Parking
2 garage · 6 parking (built-in)
Basement
Apartment, Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$9,506 / 2025
Days on market
140
Listing brokerage
HOMEART REALTY SERVICES INC.

Rooms

Dining RoomMain7.50 × 4.00 m

Combined w/Living

Living RoomMain7.50 × 4.00 m

Combined w/Dining

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

The assigned public school is George Webster Elementary School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Woodbine-Lumsden
$949K
Leaside
$2.15M
Wexford-Maryvale
$849K
Banbury-Don Mills
$5.50M
Bendale
$949K

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 George Webster Elementary School
58%
George Webster Elementary SchoolPublic · Elementary · 0.3 km awayBelow the GTA average · 58% meet the provincial standard
East York Alternative Secondary SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Crescent Town Elementary School · Public elementary0.8 km · 68% at standard
Gordon A Brown Middle School · Public elementary0.9 km · 77% at standard
Secord Elementary School · Public elementary0.9 km · 61% at standard
D A Morrison Middle School · Public elementary1.0 km · 79% at standard
Selwyn Elementary School · Public elementary1.0 km · 85% at standard
St Nicholas Catholic School · Catholic elementary1.0 km · 61% at standard
William J McCordic School · Public elementary1.1 km
Parkside Elementary School · Public elementary1.2 km · 75% at standard
Regent Heights Public School · Public elementary1.3 km · 68% at standard
Presteign Heights Elementary School · Public elementary1.4 km · 91% at standard
Victoria Park Elementary School · Public elementary1.4 km · 92% at standard
Canadian Martyrs Catholic School · Catholic elementary1.4 km · 75% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$7,288/mo
$307KIncome needed
5.2×Price ÷ income
$1,682Weekly cost
$56,910Land transfer tax, one-time (Ontario + Toronto)
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.

90%mortgage
Mortgage $7,288Property tax $792Total carry $8,080

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.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$7,073per month

Mortgage amount $1,279,200 · 4.49% over 25 years

$319,800Down payment (20.0%)
$1,279,200Loan before insurance
$0CMHC premium
$7,865Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,073
Property tax
$792
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,865

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

One-time closing costs

Ontario land transfer tax
$28,455
Toronto municipal land transfer tax
$28,455
Estimated closing costs
$56,910

Plus your down payment of $319,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$8,561/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

$842,675Total interest paid
$2,121,875Total of all payments
Principal $1,279,200 Interest $842,675
YearPrincipalInterestBalance
1$28,546$56,329$1,250,654
2$29,842$55,033$1,220,811
3$31,197$53,678$1,189,614
4$32,614$52,261$1,157,000
5$34,095$50,780$1,122,905
6$35,643$49,232$1,087,263
7$37,261$47,614$1,050,002
8$38,953$45,922$1,011,049
9$40,721$44,154$970,327
10$42,570$42,305$927,757
11$44,503$40,372$883,254
12$46,524$38,351$836,730
13$48,636$36,239$788,094
14$50,844$34,031$737,249
15$53,153$31,722$684,096
16$55,566$29,309$628,530
17$58,089$26,786$570,441
18$60,727$24,148$509,714
19$63,484$21,391$446,230
20$66,366$18,509$379,863
21$69,380$15,495$310,483
22$72,530$12,345$237,953
23$75,823$9,052$162,130
24$79,266$5,609$82,865
25$82,865$2,010$0

At the end of your 5-year term

Total paid over the term
$424,375
Principal paid down
$156,295
Interest paid
$268,080
Balance remaining
$1,122,905

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
1.4%Cap rate after taxes and upkeep

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.

2.4%
Gross yield
− Property tax $9,506− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $22,736

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

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